All
 

 

Just in:  

You are here: Home»Markets»Commodities

Markets - Commodities

Archive

Cuba says sugar harvest is 17pc behind schedule HAVANA: Cuban raw sugar production is 17 percent behind schedule toward a target of 1.7 million tonnes, official media said over the weekend, putting in doubt hopes to increase output 20 percent over the previous season.The report indicated industry performance deteriorated during the peak yield months of February and March.In early February, production was 7.8 percent behind schedule, said Leobel Perez Hernandez, spokesman for state-run sugar monopoly AZCUBA."The lack of cane arriving at mills is today the main brake on a harvest, which due to its deficit, threatens the plan," the Communist Party Granma said in its weekend edition.Granma blamed the breakdown of cane-cutting machines and transportation equipment, the late arrival of spare parts and management problems for mills operating at just 65.3 percent of capacity, compared with the 71 percent planned."The country to date has barely accumulated 83 percent of the sugar it should have," Granma said."History demonstrates the ...


Copper dips as post Cyprus bailout cheer fades LONDON: Copper dipped on Monday as investors lost enthusiasm for a last-ditch 10 billion euro bailout deal reached by Cyprus and international lenders, and focused on disappointment with modest demand growth from top consumer China. Also weighing on the metal, the latest London Metal Exchange data showed copper stocks in official warehouses rose 2,875 tonnes to 565,350 tonnes, their highest level in nearly 10 years. Added to this, data on Friday showed copper stocks monitored ...

Gold slips to one week low on Cyprus deal LONDON: Gold fell to its lowest in a week on Monday, as investors unloaded safe-haven assets and sought equities after Cyprus struck a last-minute bailout deal with lenders.Some investors had picked up gold as the crisis in Cyprus had re-ignited euro zone debt fears, sending bullion to a one-month high of $1,616.36 an ounce last week.The deal with international lenders averted a collapse of the island's banking system, leading the precious metal down, although physical ...

Palm oil edges lower as slowing exports weigh SINGAPORE: Malaysian palm oil futures fell on Monday on weaker exports, although losses were limited as a last-ditch deal to bailout Cyprus supported investor appetite for riskier assets.Cyprus clinched a deal with international lenders for a 10 billion euro ($13 billion) bailout, sending global markets including crude oil and the euro higher.But palm oil was weighed down by Malaysian exports that fell to 1,067,140 tonnes for the first 25 days of the month, a 7.5 ...

Colombia to produce nearly 10mn bags of coffee SAN FRANCISCO: The Colombian Coffee Federation said on Saturday that it expects the country, the world's biggest grower of washed arabica beans, to produce nearly 10 million 60-kilogram bags of coffee in 2013, up from 7.7 million 60-kg bags in 2012. Production will climb due to improved weather conditions and a controlled situation of a leaf rust disease, Colombian Coffee Federation Chief Commercial Officer Andres Pinzon told reporters.Pinzon said he expects Colombia will export ...

Colombia forecast to produce nearly 10mn bags of coffee in 2013 SAN FRANCISCO: The Colombian Coffee Federation said on Saturday that it expects the country, the world's biggest grower of washed arabica beans, to produce nearly 10 million 60-kilogram bags of coffee in 2013, up from 7.7 million 60-kg bags in 2012.Production will climb due to improved weather conditions and a controlled situation of a leaf rust disease, Colombian Coffee Federation Chief Commercial Officer Andres Pinzon told reporters.Pinzon said he expects Colombia will export about 90 ...

Oil prices climb on hopes for Cyprus bailout NEW YORK: Oil prices climbed Friday amid optimism that struggling Cyprus would secure a last-minute bailout deal and that growth in the US economy was picking up.New York's main contract, West Texas Intermediate for May delivery, closed at $93.71 a barrel, a gain of $1.26 from Thursday's close.The European benchmark, Brent North Sea crude for delivery in May, rose 19 cents to $107.66 a barrel in London.The New York oil market moved higher along with ...


 



 
Index Closing Chg%
Arrow DJIA 16,974.31 0.18
Arrow Nasdaq 4,549.23 0.33
Arrow S&P 1,982.30 0.14
Arrow FTSE 6,453.87 0.81
Arrow DAX 9,082.81 0.16
Arrow CAC-40 4,110.64 0.05
Arrow Nikkei 15,553.91 1.46
Arrow H.Seng 23,819.87 1.27
Arrow Sensex 27,098.17 0.81





where to buy

cheap wedding dresses

online - weddingdresstrend.com


Banking Review 2013


Buy new style hair wigs at cheap price on Ishowigs.com

Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJuly-June
Trade Balance $-19.98 bln
Exports $25.13 bln
Imports $45.11 bln
WeeklyOctober 27, 2014
Reserves $13.464 bln