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Soybeans retreat from 1-week highs, set to end week up 1pc SYDNEY: US soybeans fell for the first time in three days on Friday as traders locked in profits after the oilseed hit a one-week high in the previous session, but the beans were set to finish the week in positive territory.Corn eased and appeared headed for its first loss in seven sessions as profit-taking sentiment outweighed tight stocks, while wheat followed suit, falling for the second straight session despite several tenders.Chicago Board of Trade May soybeans fell 0.55 percent to $14.41 by 0240 GMT a bushel after gaining 2.06 percent on Thursday.Soybeans are up more than 1 percent, the third rise in the last five weeks as the oilseed was supported by South American production concerns.May corn fell 0.51 percent to $7.29-1/4 a bushel, having closed up 0.07 percent in the previous session after hitting $7.34-1/2 a bushel, its highest since February 5, as increased exports from South America weighed.Argentina ...

LME aluminium may end rebound around $1,958 SINGAPORE: LME aluminium may end its current rebound around $1,958 per tonne and drop towards its March 18 low of $1,927.50.The rebound was triggered by a support at $1,936, the 161.8 percent Fibonacci projection level of a downward wave iii. It looks weak as it has adopted a corrective wave mode.A Fibonacci retracement analysis on the fall from $1,988 to $1,927.50 reveals a resistance at $1,958, the 50 percent level, a rise above which could ...
Shanghai copper to end rebound around 56,600 yuan SINGAPORE: Shanghai copper is expected to end its rebound around 56,600 yuan per tonne and drop towards 54,880 yuan.The rebound has been triggered by the support at 54,880 yuan, which is provided by the 61.8 percent Fibonacci projection level of a downward wave (3).Labeled as a wave (3)-2, the rebound has a remote chance of going above the March 15 high of 57,230 yuan, the starting point of the wave (3)-1, as theoretically, the wave ...
Gold SINGAPORE: Gold traded little changed on Thursday, losing steam as panic over Cyprus's bailout eased, though the US Federal Reserve's pledge to stick with its loose monetary policy and lingering concerns over the euro zone kept the metal supported.Cyprus is buying time by extending a bank lockdown to next week, scrambling to avert a financial meltdown after rejecting the terms of a bailout from the European Union and turning to Russia for a lifeline.The initial ...
Bangladesh tea prices fall in season DHAKA: Tea prices in Bangladesh fell at auction on Wednesday despite strong buying interest as vendors sought to clear stocks in the final weekly sale of the season, brokers said. The average price of Bangladeshi tea fell to 178.89 taka ($2.28) per kg against 194.35 taka last week, an official at National Brokers Limited said. All of the nearly 307,323 kg of tea offered at Bangladesh's sole auction centre in Chittagong sold compared with 759,000 ...
Indian wheat seen rangebound with upward bias NEW DELHI: Indian wheat futures are likely to remain rangebound with expectations of some upside movement ahead of the harvest and on the possibility of the government allowing more exports.As part of its efforts to cut down unmanageable stocks, the government earlier this month allowed private traders to export up to 5 million tonnes of wheat from its overflowing warehouses, doubling the quantity of shipments first permitted in July 2012.But the government needs to create ...
Wheat at 1-month top on strong demand, corn near 6-week high SINGAPORE: Chicago wheat climbed to a one-month high on Wednesday, rising for eight out of 10 sessions as strong demand for US supplies from importers and livestock producers underpinning the market.Corn was little changed, holding near Tuesday's highest in six weeks on tight supplies and lack of farmer selling, while soybeans rose for the first time in seven sessions.US wheat exports are expected to climb, as rival suppliers Australia and the Black Sea region run ...

 



 
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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 $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 15, 2014
Reserves $13.414 bln