All
 

 

Just in:  

You are here: Home»Markets»Commodities

Markets - Commodities

Archive

Shanghai sinks to record low, Tokyo at 5-year trough on demand worries SINGAPORE: Shanghai rubber futures tumbled to their weakest level on record on Wednesday and prices in Tokyo sank to a five-year low, as concerns about oversupply and weak demand from top consumer China sparked heavy selling from speculators.The selloff pressured the TSR contract on Singapore's SICOM that fell to its lowest since 2009, prompting tyre grade sellers in Thailand, Indonesia and Malaysia to retreat.Natural rubber prices in India, the world's fifth-biggest producer, also dropped to their lowest nearly five years, following losses in overseas markets and on higher imports, dealers said.The most active contract in Shanghai hit an all-time low of 13,365 yuan ($2,180) a tonne before settling 1.50 percent lower at 13,480 yuan.The benchmark contract on Tokyo Commodity Exchange, which often influences Shanghai, fell to 187 yen ($1.76) per kg - its weakest since 2009. It settled 2.4 yen lower at 188.6 yen.Both Shanghai and Tokyo futures have plunged ...


French wheat exports to slide, stocks jump PARIS: French wheat exports on the world market are expected to drop by a third in 2014/15 and the country's stocks to jump by two-thirds, farm office FranceAgriMer said on Wednesday in its first supply-and-demand outlook after a rain-hit harvest.In data published on its website, the office forecast French soft wheat exports outside the EU would be 8.0 million tonnes in the 2014/15 season to June 30, down 34.5 percent from 12.2 million in 2013/14.Heavy ...

Palm tracks weak overseas veg oil markets, strong exports cap losses KUALA LUMPUR: Malaysian palm oil futures inched lower on Wednesday, tracking losses in crude and vegetable oil markets overseas with investors bracing for forecasts of bigger global oilseed supplies, although a surge in palm export curbed losses.Cargo surveyor Intertek Testing Services reported that exports of Malaysian palm oil products during Sept. 1-10 jumped 40.6 percent to 487,955 tonnes compared to the same period a month ago, with shipments of the crude grade more than doubling.The ...

Soybeans hit contract low ahead of US report, corn falls HAMBURG/SINGAPORE: Chicago new-crop soybeans hit a new contract low on Wednesday and corn touched its previous contract low as near-perfect weather in the US Midwest raised expectations the US government will further increase harvest estimates.Wheat also fell with the most-active December contract trading near last session's contract low, weighed down by plentiful global supplies.Chicago Board of Trade November soybeans were little changed, up a marginal 0.03 percent at $9.93 bushel at 1005 GMT after hitting ...

Copper steadies as dollar's rally eases LONDON: Copper prices steadied on Wednesday near a one-month low, after hefty falls in the previous session, as the dollar's surge against a basket of currencies stabilised, while nickel slipped as supply worries eased.Three-month copper on the London Metal Exchange (LME) was at $6,841 a tonne at 1019 GMT, almost flat from the previous close, after falling more than 2 percent to a near one-month low of $6,821.75 a tonne on Tuesday, due to pressure ...

Gold eases towards 3-month low as dollar holds near highs LONDON: Gold eased towards the previous day's three-month low on Wednesday as the dollar index held near its highest level in more than a year, underpinned by expectations that the Federal Reserve may be set to signal a rise in interest rates.The dollar has been trending higher since early July, supported by talk of a possible Fed rate rise. That would likely hurt gold, due both to the impact on the dollar, in which it ...

Malaysia end-Aug palm stocks highest in over a year as output jumps KUALA LUMPUR: Malaysian palm oil stocks swelled to their highest in more than a year at end-August as crop-friendly weather boosted production amid softer demand, industry data showed on Wednesday. The rise in stockpiles in the world's No. 2 producer of the tropical oil beat market estimates and may weigh on benchmark palm oil prices which have already tumbled 24 percent so far this year and hit a five-and-a-half-year low last week. Data from industry ...


 



 
Index Closing Chg%
Arrow DJIA 17,131.97 0.59
Arrow Nasdaq 4,552.76 0.75
Arrow S&P 1,998.98 0.75
Arrow FTSE 6,792.24 0.18
Arrow DAX 9,632.93 0.28
Arrow CAC-40 4,409.15 0.44
Arrow Nikkei 15,911.53 0.23
Arrow H.Seng 24,136.01 0.91
Arrow Sensex 26,492.51 1.21





where to buy

cheap wedding dresses

online - weddingdresstrend.com

Buy cheap Nike Mercurials cleats at mercurialscleats.com
cheap wedding dresses on SiteSteer.com - Best Online Wedding Store


Banking Review 2013


Buy direct from

China free shipping trade platform

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%
MonthlyAugust
Trade Balance $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 15, 2014
Reserves $13.414 bln