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Sugar rises, buoyed by soft dollar, cocoa firms LONDON: Sugar on ICE rose on Monday, supported by a soft dollar, while cocoa firmed for a seventh day on chart-based buy signals.Arabica coffee futures inched down, erasing gains earlier in session but continuing to consolidate after falling to a 4-1/2-month low last week. They were underpinned by the slightly weaker dollar, which makes dollar-denominated commodities less expensive in other currencies.March raw sugar traded up 0.07 cent, or 0.5 percent, at 15.05 cents a lb at 1449 GMT, having touched 14.62 cents on Wednesday, the lowest level since Sept. 24."We will probably trade sideways in the short term. However, it seems we are more likely to test 15.50 cents a lb rather than 14.50 cents a lb in the near term," said Tom Kujawa, co-head of the softs desk at Sucden Financial Sugar.Traders focused on Friday's Commitments of Traders report, which showed speculators added to a large net short position, ...

Copper steady as sentiment improves, China still a worry LONDON: Copper steadied on Monday as a recovery in oil and global equities helped solidify the view that the metal looked relatively cheap following recent steep price drops, though worries over growth in top consumer China persisted.The metal hit its lowest in 4-1/2 years earlier this month and is down some 13 percent this year on worries the market is heading into a surplus after several years of deficit, and on slowing economic growth in ...
Gold steadies as dollar weakens, strong shares limit gains LONDON: Gold steadied on Monday as the dollar retreated against the euro, though stronger equities and appetite for risk continued to dull its appeal as an alternative investment.Spot gold was unchanged at $1,195.65 an ounce at 1259 GMT. It lost about 2 percent last week on a strong dollar and expectations of rising U.S. interest rates.U.S. gold futures for delivery in February were also unchanged at $1,196.00 an ounce.Prices were forecast to remain in tight ...
Gold inches higher as dollar weakens, strong shares limit gains LONDON: Gold edged up on Monday as the dollar retreated against the euro, though stronger equities and appetite for risk continued to dull the metal's appeal as an alternative investment.Strength in oil prices also supported bullion, which is usually seen as an hedge against oil-led inflation.Spot gold was up 0.1 percent at $1,196.30 an ounce by 1025 GMT. It lost about 2 percent last week on a strong dollar and expectations of rising U.S. interest ...
Copper up on view it looks cheap after falls LONDON: Copper edged up for a second consecutive day on Monday as a recovery in oil prices and global equities helped solidify the view that copper looked cheap following recent steep price drops.The metal hit its lowest in 4-1/2 years earlier this month and is down some 13 percent this year on worries the market is heading into a surplus after several years of deficit, and on slowing economic growth in top copper consumer China."BHP ...
US wheat rises after news Russia working on export duty PARIS/SINGAPORE: US wheat prices rebounded on Monday after sharp losses in the previous session and reports that Russia, one of the world's key wheat exporters, plans to impose a temporary duty on grain exports.Corn was little changed, hovering near last week's highest level since early July as the market was supported by strong demand.Russian Deputy Prime Minister Arkady Dvorkovich was reported by Interfax news agency as saying that a proposal for a decision on an ...
Sugar inches up, buoyed by oil, cocoa firms LONDON: Sugar on ICE edged up in a narrow trading range on Monday, supported by a recovery in oil prices, while cocoa firmed for a seventh day on chart-based buy signals.Arabica coffee futures inched higher for the third straight day, continuing to consolidate after falling to a 4-1/2-month low last week, and were supported by a softer dollar and a recovery across financial markets.March raw sugar traded up 0.02 cent, or 0.1 percent, at 15.00 ...

 



 
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ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyOctober
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln