Just in:  

You are here: Home»Markets»Commodities

Markets - Commodities


NY sugar neutral in 18.03-18.50 cents range     SINGAPORE: New York March sugar will be neutral so long as it remains in a range of 18.03-18.50 cents per lb, an escape will point a future direction.   A fall below 18.03 cents will confirm the extension of a preceding downtrend that developed from the Feb. 1 high of 19.02 cents, towards a bearish target at 17.60 cents.   On the other hand, a double-bottom will be confirmed when sugar climbs above 18.50 cents, which points to a bullish target at 18.98 cents.   No information in this analysis should be considered as being business, financial or legal advice. Each reader should consult his or her own professional or other advisers for business, financial or legal advice regarding the products mentioned in the analyses.     Copyright Reuters, 2013

Palm oil edges down on South American soy crops, high stocks KUALA LUMPUR: Malaysian palm oil futures edged down on Thursday as data showed stockpiles in the world's No.2 producer remained high and on improving weather in key soy-growing regions in South America.   Better South American weather would contribute to expected "mammoth" crops in Brazil, poised to overtake the United States as the No.1 soybean grower, adding pressure to the soybean market tracked by palm oil.   January's palm oil end-stocks eased off record levels and fell to 2.58 ...

Corn rises, set to snap 9-session slide SYDNEY: US corn looked set to snap a nine-session slide on Thursday, edging up from a one-month low touched the day before when favorable weather forecasts in South America dragged on prices.   FUNDAMENTALS   * Chicago Board of Trade March corn rose 0.14 percent to $6.96-1/2 a bushel, having closed down 0.1 percent the day before. Its nine-session losing streak marked the longest such run in 5-1/2 years.   * March soybeans climbed 0.19 percent to $14.25-1/4 a bushel, after ...

LME aluminium to consolidate in $2,139-$2,153 range        SINGAPORE: LME aluminium faces a resistance at $2,153 per tonne, and may consolidate in $2,139-$2,153 range for half or one session before gaining more to $2,169.   The resistance is established by the 61.8 percent Fibonacci projection level of an upward wave c which started at the Feb. 7 low of $2,082 and is capable of travelling to $2,196, its 100 percent projection level.   Strengthening the resistance is another one at $2,147.25, the wave a peak.   The two ...

Spot gold biased to fall to $1,629        SINGAPORE: Spot gold is biased to break below a support at $1,639 per ounce and fall to $1,629.   The support is provided by the 100 percent Fibonacci projection level of a downward wave (c), which started at the Feb. 7 high of $1,682.90. The next support will be at $1,629, the 123.6 percent projection level.   The drop on Wednesday has indicated an extension of the wave (c). However, the extension will only be confirmed when gold drops ...

Cotton drops for 2nd day on price correction, Chinese new year   NEW YORK: Cotton prices fell for a second day on Wednesday, due to market consolidation and an absence of buyers in China, the world's largest consumer, during the new year holiday.   The most-active May cotton contract on ICE Futures US dropped 0.89 cent, or 1.1 percent, to settle at 82.21 cents per lb. Earlier in the session, it fell as low as 81.35 cents a lb, the benchmark contract's lowest intraday price since Jan. 28.   Wednesday marked ...

German steel industry sees no recovery this year   DUESSELDORF: Germany's steel sector should not get its hopes up following some positive data at the start of the year, with demand remaining weak and competition in global markets intensifying, a trade group said on Wednesday.   "I don't expect any major leaps," Hans Juergen Kerkhoff, president of the German steel association, told Reuters, adding he did not see any sustainable recovery across Europe either.   Austerity measures aimed at cutting budget deficits have hit economic growth across the ...


Index Closing Chg%
Arrow DJIA 17,042.90 0.17
Arrow Nasdaq 4,493.39 0.28
Arrow S&P 1,972.29 0.28
Arrow FTSE 6,622.72 0.36
Arrow DAX 9,474.30 0.55
Arrow CAC-40 4,416.24 1.33
Arrow Nikkei 16,173.52 0.84
Arrow H.Seng 22,932.98 1.28
Arrow Sensex 26,630.51 0.13

where to buy

cheap wedding dresses

online -

Banking Review 2013

Buy new style hair wigs at cheap price on

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklySeptember 25, 2014
Reserves $13.305 bln