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Copper climbs on strong China trade data, weaker dollar LONDON: Copper and other base metals rose on Monday after the dollar fell and better-than-expected Chinese trade data eased fears of a slowdown in demand in the top commodities consumer.A surge in China's exports in September was an upbeat signal for the world's second-largest economy while a near 15 percent jump in copper imports cheered investors about metals demand."Certainly that trade number for imports of unwrought copper was probably above expectations and a pick-up from the previous month," said Stephen Briggs, metals strategist at BNP Paribas.The trade data, however, also contained some more worrying numbers for future copper prices, he said."The extremely high imports of copper concentrate will translate into higher refined production of copper in China. That's a bit of a negative," Briggs said.Imports of raw material copper ores and concentrate jumped 34.4 percent from the previous month in September, hitting a record 1.29 million tonnes, the data showed.Many ...

Cocoa firms as Ebola worries persist, sugar flat LONDON: New York cocoa futures rose on Monday as investors covered short positions amid deepening worries over the potential impact of Ebola on West African supplies, while sugar was little changed.Arabica coffee futures firmed, with traders focused on the impact on dry weather in Brazil on the 2015/16 crop.December cocoa firmed $27, or 0.9 percent, to trade at $3,184 a tonne, extending gains after a rally on Friday in which cocoa posted its biggest single-day ...
EU wheat at 1-week low on swelling supply PARIS: Paris wheat futures slipped for a third day on Friday to touch a one-week low as concerns about hefty grain stocks in France added to bearish sentiment about ample global supply.The run-up to a monthly US government crop report later on Friday, which is expected to show new records for US corn and soybean production, put attention on rising supply.A broad retreat in commodities and shares, fuelled by worries over global economic growth, also ...
UK wheat production climbs 39pc to six-year high LONDON: Britain harvested its biggest wheat crop in six years this summer, with production rising 39 percent to 16.62 million tonnes, the farming and environment ministry said on Friday. "The provisional wheat production figure shows a recovery in 2014 from the prolonged wet weather and difficult planting conditions in 2013," the ministry said. It would be the largest crop since 2008, when a record 17.2 million tonnes was harvested. The ministry did not provide any ...
Gold rally stalls as firmer dollar hits commodities LONDON: Gold fell on Friday, snapping four days of gains, as the dollar rose against a basket of currencies, though the metal remained supported by concerns over the prospect of a widespread economic slowdown, which sparked a drop in stock markets. Gains in the US currency drove commodities lower across the board, with Brent crude oil futures earlier tumbling more than 1 percent towards a four-year low. Spot gold was down 0.2 percent at $1,221.36 ...
Copper pressured by growth concerns, dollar strength LONDON: Copper prices fell on Friday, reversing gains from the previous session, pressured by a stronger dollar and growing concerns about the outlook for economic growth. Three-month London Metal Exchange (LME) copper was at $6,632 a tonne at 0958 GMT, down 1.3 percent and not far from a five-month low of $6,600 a tonne hit on Oct. 2.The metal used in power and construction has lost 9 percent for the year, weighed down by the ...
South Korea's NOFI passes in 60,000 T corn tender HAMBURG: Nonghyup Feed Inc (NOFI), South Korea's largest animal feed maker, rejected all offers and made no purchase in a tender for up to 60,000 tonnes of world-wide origin corn which closed on Friday, European traders said. Offers were regarded as too high. The lowest offer was $209.10 a tonne c&f for corn of worldwide origin, traders said.The tender had sought corn for Nov. 30 arrival. Copyright Reuters, 2014 ...


Index Closing Chg%
Arrow DJIA 16,399.67 0.12
Arrow Nasdaq 4,316.07 1.35
Arrow S&P 1,904.01 0.91
Arrow FTSE 6,267.07 0.68
Arrow DAX 8,717.76 1.50
Arrow CAC-40 3,991.24 1.04
Arrow Nikkei 15,111.23 3.98
Arrow H.Seng 23,070.26 0.20
Arrow Sensex 26,429.85 1.23

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 20, 2014
Reserves $13.436 bln