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ICE May white sugar delivery seen at 183,750 tonnes NEW YORK: Trade house ED&F Man was expected to be the sole buyer of 183,750 tonnes of white sugar delivered against the ICE May refined sugar futures contract that expired on Wednesday, said US traders.The modest delivery of 3,675 lots, worth about $68 million, of sugar was expected to be of Guatemalan, Brazilian and Thai origins and was broadly in line with expectations, the traders said. A spokesman for ED&F Man could not be reached immediately due to the late hour in London. The official data was expected to be published by the exchange on Thursday.Copyright Reuters, 2015 ...

Wheat nears one-month low on welcome rains for US Plains CHICAGO: Chicago Board of Trade wheat fell below $5 a bushel to its lowest in nearly a month on Tuesday, under continued pressure from forecasts of drought-relieving showers in the US grain belt.Soybeans rallied from recent multi-month lows on bargain buying, and corn also firmed.At the Chicago Board of Trade as of 12:01 p.m. CDT (1701 GMT), May wheat was down 3-3/4 cents at $4.98-1/2 per bushel. May soybeans were up 10-1/4 cents at $9.59 ...
Raw sugar at 5-week high as US dollar tumbles NEW YORK/LONDON: Raw sugar futures on ICE jumped to a five-week high on Tuesday, buoyed by the weak US dollar and shrugging off bearish data that showed the harvest in top producer Brazil's main growing region was more active than expected. New York cocoa futures rallied along with the sterling against the US dollar, following data that knocked back much of the greenback's progress so far this month. Coffee was little changed. Dealers said the ...
Gold cuts losses on lower dollar after below-forecast US data NEW YORK/LONDON: Gold cut losses on Tuesday, as the dollar turned lower after US retail sales and producer prices data came in weaker than expected, but prices remained below $1,200 an ounce on higher equities. The Commerce Department said on Tuesday retail sales increased 0.9 percent, below the 1 percent that economists polled by Reuters had forecast. Separately, the Labor Department said its producer price index for final demand increased 0.2 percent last month. But ...
CBOT corn up on technicals after nearly 1-month low CHICAGO: Chicago Board of Trade corn futures were narrowly higher on Tuesday, snapping a six-session streak of losses on technical buying after prices earlier fell to the lowest levels in nearly a month, traders said.Firm US cash markets and a slower-than-normal pace of US spring plantings also underpinned corn futures even as global grain supplies were plentiful and recent rains were seen as mostly beneficial for US field conditions.Earlier bear spreading saw the closely tracked ...
ICE cotton falls on soft demand despite dollar plunge NEW YORK: Cotton futures fell on Tuesday as higher prices compared to recent months limited physical demand, outweighing the supportive impact of a sharp turn lower in the US dollar. The most active July cotton contract fell 0.44 cent, or 0.7 percent, to settle at 65.02 cents a lb. Front-month May cotton also fell 0.44 cent, or 0.7 percent, to settle at 64.69 cents a lb. The losses came after second-month prices rose to more ...
CBOT soy rises 1pc on bargain buying after multi-month lows CHICAGO: Soybean futures on the Chicago Board of Trade rose more than 1 percent Tuesday on bargain-buying after last week's drop to multi-month lows, traders said.Additional support from gains this week in Dalian soy futures and talk of renewed soybean demand from Chinese crushers.Gains limited by rising global soy supplies and forecasts for record-large US plantings this spring.CBOT soymeal led the gains on a percentage basis after spot futures approached $300 per ton for the ...

 



 
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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMarch
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyApril 30, 2015
Reserves $17.717 bln