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European vegoils-Palm oil prices slip as crude oil retreats LONDON: Palm oil prices were lower on Friday in European trading, tracking a reversal in the crude oil market as tensions in the Middle East appeared to ease. RBD palm olein for July/September shipment traded at $595.00 per tonne, fob Malaysia, down $14.00 from Thursday, while asking prices for palm oil products also fell. CBOT soybean oil prices also retreated, with May off 2.0 percent at 30.56 cents per lb at 1725 GMT. Weakness in crude oil prices has helped curtail demand for palm oil and soybean oil from the biodiesel sector. Copyright Reuters, 2015 ...

Copper falls but still notches up 3rd weekly gain LONDON: Copper tracked losses in oil and fell to its lowest level of the week on Friday as traders waited for comments from the Federal Reserve, but the metal still clocked up its third straight weekly gain helped by mine closures in key producer Chile. Oil fell as fears about the disruption of Middle East crude shipments from Yemen's conflict eased, deterring investments in commodity basket funds that include metals like copper. The rally in ...
London copper set for 3rd weekly gain as mine supply drops MELBOURNE: London copper fell on Friday but was set for its third straight weekly climb, supported by mine closures in key producer Chile due to heavy rains and a slow pick-up in seasonal demand from top consumer China."Copper has had a pretty good run over the past month, leading the complex as usual," said analyst Daniel Hynes of ANZ in Sydney. "But if we're going to see any sustainability in this rally, we'd want some ...
Sugar steadies near 6-year low, arabica coffee flat LONDON: Raw sugar futures on ICE steadied on Thursday near the prior session's six-year low, pressured by abundant supplies and light physical demand, while arabica coffee was flat.Cocoa was little changed, with a stronger pound underpinning New York futures.Raw sugar eased, weighed by ample supplies with traders tracking the pace of Chinese buying of out-of-quota sugar."There is disappointment that Chinese import licenses are being approved slowly," said Robin Shaw, analyst with broker Marex Spectron.He spoke ...
Russia seen removing wheat tax in July if inflation slows MOSCOW: Russia, one of the world's leading wheat exporters, will probably not extend a tax on wheat exports, imposed until June 30, if optimism over lower inflation and a large crop persists among officials, SovEcon consultancy said.Russia's economy has been hit hard by low global oil prices and Western sanctions due to Moscow's role in the Ukraine crisis. The rouble has plunged and inflation reached a 13-year high in February.To try to cool food inflation, ...
Gold hits 3-1-2 week high as Yemen air strikes rattle markets LONDON: Gold rallied to a 3-1/2 week high on Thursday and silver rose nearly 3 percent as escalating tensions in the Middle East knocked stocks and the dollar and drove investors into assets seen as lower risk, like bullion and German bonds.European stocks tumbled 1.3 percent, the dollar fell and oil prices leapt 6 percent after Saudi Arabia and its Gulf Arab allies launched air strikes in Yemen to counter Iran-allied forces besieging the southern ...
Copper up to near 3-month high on Chile mine closures, soft dollar LONDON: Copper hit its highest in nearly three months on Thursday after mines closed in the world's top producer Chile due to flooding, the dollar weakened and oil rallied on military strikes in Yemen.Other base metals joined the rally on the London Metal Exchange, spurring some investors to scramble to buy contracts to close out bearish bets.Lead touched the highest in almost two months and zinc hit a one-month peak.Three-month LME copper climbed 1.5 percent ...

 



 
Index Closing Chg%
Arrow DJIA 17,678.23 0.23
Arrow Nasdaq 4,863.36 0.27
Arrow S&P 2,056.15 0.24
Arrow FTSE 6,895.33 1.37
Arrow DAX 11,843.66 0.18
Arrow CAC-40 5,006.35 0.29
Arrow Nikkei 19,471.12 1.39
Arrow H.Seng 24,497.08 0.13
Arrow Sensex 27,457.58 2.33





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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 13, 2015
Reserves $16.273 bln