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NY cotton closes down for 3rd time, may slip further  NEW YORK: Cotton futures ended lower Friday for the third session in a row in the face of a stronger dollar and investor selling, and analysts said the weak tone should persist into next week. Benchmark May cotton on ICE Futures US fell 1.44 cents or over 1.5 percent to conclude at 88.23 cents per lb, trading from 87.80 to 90.50 cents. For the week, cotton shed 2.13 percent. Volume traded Friday was around 18,100 lots, preliminary Thomson Reuters data showed, down slightly from Thursday's tally of 18,504 lots. Sharon Johnson, senior cotton analyst at commodities brokerage Penson Futures in Atlanta, Georgia, said the December low around 84.25/35 cents would be a "valid target" for the market. "The dollar is very strong today and that is not helping the cause a bit," she said. Traders said the failure of key May to establish itself above the 93 and 94 cents area of resistance prompted investors ...

Sugar up on Brazil harvest delay, other markets down  NEW YORK/LONDON: Sugar futures rose on Friday as jitters over possible production delays in the world's most important sugar growing area, the center-south region of Brazil, stoked the advance. The other softs markets lost ground as weakness in the commodity sector weighed on the complex. New York's May raw sugar contract on ICE rose 0.21 cent to trade at 25.07 cents per lb at 12:12 p.m. EST (1712 GMT). London May white sugar futures jumped $10.20, ...
Soy rises 10th day, wheat firms on exports  CHICAGO: US soybeans advanced for the 10th session in a row on Friday and hit a five-month high, buoyed by growing export demand and a forecast by a closely watched analytical firm for lower soybean production in Brazil. Surging soymeal futures, which have climbed eight straight sessions, also supported soybeans as larger US soy exports would leave fewer supplies for domestic soybean crushers. Wheat futures were firm, rebounding from two days of declines, in the wake of ...
Gold falls, eyes more weakness after choppy week  NEW YORK/LONDON: Gold fell on Friday, heading for its biggest weekly decline this year, in reaction to a stronger dollar and the metal remained vulnerable to drop further after a tumble earlier in the week shook bullion investor confidence. Losses in crude oil, euro and US equities also weighed on bullion prices, which are on track for a 3.5 percent weekly decline. Further profit-taking is possible as the metal is still 9 percent higher year to ...
NY juice settles up for fourth straight session  NEW YORK: Orange juice futures closed higher Friday for the fourth straight session as investors continued to build on the more than 10 percent gain in February, brokers said. Key May frozen concentrated orange juice rose 2.60 cents to end at $1.9035 per lb, dealing from $1.8775 and $1.937. On the week, the market is up 3.45 percent. "We're seeing some spec short-covering, but its been of the modest variety," a dealer said. The juice market ...
Soy rises 10th day, wheat firms on exports           CHICAGO: US soybeans advanced for the 10th session in a row while wheat rebounded from two sessions of losses on Friday, buoyed by rising export demand and bucking pressure from a strong dollar. Corn futures also trimmed early losses at the Chicago Board of Trade as investment fund buying lifted prices of each crop off their session lows. "There's quite a few reasons why we might not see this being a runaway bear market this morning," ...
Argentine soy ends lower on slack local demand  BUENOS AIRES: Argentina's closing soy prices and trends on Wednesday: * Soy prices in Rosario ended lower on Wednesday as buyers rejected prices driven higher by bullish Chicago trade. Prices in Rosario, Argentina's main soy hub, ended at between 1,350 and 1,360 pesos per tonne ($310-$312) versus 1,380 pesos in the prior session. * Volume fell to practically nil from 13,000 tonnes on Tuesday. * Soybean futures on the Chicago Board of Trade extended their rally to eight ...

 



 
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
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Arrow Sensex 26,630.51 0.13





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklySeptember 25, 2014
Reserves $13.305 bln