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Wheat falls, but Black Sea supply concerns limit losses SYDNEY: US wheat futures edged lower on Tuesday after prices surged more than 5 percent to a near six-month high in the previous session, though concerns over Black Sea exports limited losses.Corn fell, giving back all its gains from the previous session, and soybean prices also dropped on forecasts for rain in South America.Chicago Board of Trade March wheat futures, the mostactively traded contract, declined 0.33 percent to $6.04-3/4 a bushel, having jumped 5.1 percent the session before when prices hit a six-month peak of $6.07 a bushel.Wheat soared on concerns over potential export curbs in the Black Sea region, which analysts said are putting a floor under losses."When you see the market move that much, it is not unusual particularly in the Asian session to see prices come off a bit," said Graydon Chong, senior grains analyst at Rabobank."Fundamentally, while there are a few bits of grain around, there ...

London copper slips, but holds above 4-1/2 year low as oil steadies SYDNEY: London copper slipped on Tuesday but held above 4-1/2 year lows touched the session before, supported as oil stabilised and some buyers were tempted by weaker commodity prices. A rout in oil had triggered heavy selling across commodities on Monday that saw oil prices hit five-year lows and copper slide to its weakest since 2010. But given that some investors are mandated to allocate a percentage of funds to commodities, Monday's rout likely triggered ...
London copper slips from 2-week high; bearish Chinese data weighs SYDNEY: London copper slipped on Tuesday from a two-week high marked in the previous session, hurt by concern over China's sluggish property sector, although expectations of more European monetary stimulus offered support. Chinese home prices fell for the second consecutive month in October from a year earlier, official data showed on Tuesday, despite government efforts to lift the market. Still, metals have held up moderately well in the face of a downturn in oil and ...
London copper slips from near two-week high as Japan taints mood SYDNEY: London copper slipped from its highest level in a fortnight on Monday as news that Japan had surprisingly fallen into recession tainted previously buoyant sentiment following a slew of improving economic signals from the United States.Japan's economy unexpectedly slipped into recession in the third quarter, setting the stage for Prime Minister Shinzo Abe to delay an unpopular sales tax hike and call a snap election just two years after he took office.Slowing global growth ...
London copper hits two-week high on US growth signals SYDNEY: London copper touched its highest level in a fortnight on Monday in the afterglow of improving economic signals from the United States, although news that Japan had surprisingly fallen into recession added a note of caution.An improvement in global growth could add demand for copper, although this is expected to be offset next year as the market swings into surplus for the first year in six. "Copper looks range-bound for the rest of the ...
London copper flat as China data disappoints, raises stimulus hopes SYDNEY: London copper was steady on Thursday after evidence that China's economic growth cooled in October dented demand prospects but raised bets Beijing will have to loose further stimulus to shore up its struggling property market. Factory growth dipped and investment growth hit a near 13-year low in October, while growth in real estate investment, which affects about 40 other industries in China, cooled to 12.4 percent.Property sales and new construction continued to fall. Copper ...
London copper barely changed, seen up on Asian, euro zone stimulus SYDNEY: London copper was little changed on Wednesday after gaining about half a percent in the previous session when US markets were shut for a holiday, while zinc prices were underpinned by a strike at a Peruvian mine. Three-month copper on the London Metal Exchange traded flat $6,690 a tonne by 0313 GMT. Prices have traded in a narrow $300 band of around $6,500-$6,800 since mid-September as modestly growing demand is met by ample supply.But ...

 



 
Index Closing Chg%
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJanuary
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 20, 2015
Reserves $16.132 bln