All
 

 

Just in:  

You are here: Home»Markets»Commodities»Asia

Asia

Archive

Vietnam coffee premiums rise as May shipments seen steady HANOI: Premiums for Vietnamese coffee widened this week as domestic prices weakened in line with London robusta futures, with underlying demand for the country's beans helping to keep exports nearly steady with the previous month. Vietnamese robusta eased to 37,300-38,500 dong ($1.72-$1.78) per kg in Daklak, Vietnam's top growing province, from 39,000-39,300 dong last Tuesday.The drop came after the ICE July robusta contract closed down 1.1 percent at $1,772 a tonne on Friday.London markets were closed on Monday. While trading has been subdued as prices fall, the world's top robusta coffee producer may still ship between 100,000 and 120,000 tonnes (1.67-2.0 million bags) of the commodity in May, against an estimated volume of 120,000 tonnes exported last month, traders said on Tuesday. "The monthly volume can't be lower, given the world's demand for Vietnamese coffee," said another trader in Ho Chi Minh City. Premiums for robusta grade 2, 5 percent ...

NY cocoa neutral in $2,858-$2,900 range SINGAPORE: New York July cocoa looks neutral in a range of $2,858-$2,900 per tonne, and an escape will point a direction. The range has been formed by the 38.2 percent and the 23.6 percent Fibonacci retracements on the uptrend from the March 31 low of $2,682 to the May 1 high of $2,967. The bias is towards the downside, following the sharp fall from the May 1 high of $2,967, which confirms the completion of ...
Palm oil jumps over 3 pct as ringgit slumps KUALA LUMPUR: Malaysian palm oil futures jumped more than 3 percent on Tuesday to their highest in nearly two weeks as the ringgit slid and overseas soyoil markets tracked by palm underpinned sentiment.The benchmark July contract on the Bursa Malaysia Derivatives exchange rose as much as 3.1 percent to 2,168 ringgit ($601) a tonne, its highest since April 24, on reopening after a long weekend. It settled at 2,156 ringgit, up 2.6 percent, by the ...
China to expand coal ban to suburbs BEIJING: China will expand its bans on coal burning to include suburban areas as well as city centres in efforts to tackle air pollution, the top energy agency said on Tuesday. Detailing its clean coal action plan 2015-2020, the National Energy Administration (NEA) said it would promote centralised heating and power supply by natural gas and renewables, replacing scattered heat and power engines fuelled by low quality coal. The world's biggest coal consumer will ban ...
Kazakhstan cuts forecast for grain exports in 2014/15 ASTANA: Kazakhstan, Central Asia's largest grain producer, has further cut its forecast for grain exports in the current marketing year due to bad weather that severely damaged the quality of the harvest. Kazakhstan, a vast steppe nation that is part of the Black Sea grain exporting region along with Russia and Ukraine, was hit by heavy rains and early snow in its three main grain-growing regions in the north last autumn. It is now likely ...
LME aluminium to fall to $1,892 SINGAPORE: LME aluminium may fall to a support at $1,892 per tonne, as it has peaked around a resistance at $1,930.The resistance and the support are identified respectively as the 161.8 percent and the 123.6 percent Fibonacci projection levels of an upward wave C, the third wave of a three-wave cycle that developed from the March 12 low of $1,745.This wave could be well divided into five small waves, a signal that it has completed. ...
NY July coffee to fall into $1.2810-$1.2950 range SINGAPORE: New York July coffee may fall into a range of $1.2810-$1.2950 per lb, driven by a wave c.This wave started at the April 22 high of $1.4725 and could be much extended, as suggested by a range between $1.35 and $1.50. Coffee has fallen below this neutral range and is heading towards a target zone formed by the 123.6 percent and the 114.6 percent Fibonacci projection levels of the wave c.Resistance is at $1.3540, ...

 



 
Index Closing Chg%
Arrow DJIA 18,070.40 1.26
Arrow Nasdaq 5,016.93 0.23
Arrow S&P 2,114.49 0.29
Arrow FTSE 6,985.95 0.36
Arrow DAX 11,619.85 1.44
Arrow CAC-40 5,081.97 0.70
Arrow Nikkei 19,531.63 0.06
Arrow H.Seng 28,133.82 0.03
Arrow Sensex 27,490.59 1.77





New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk



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
WeeklyMay 04, 2015
Reserves $17.491 bln