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Arabica coffee rises, outlook for Brazil crop uncertain LONDON: Arabica coffee on ICE rebounded slightly on Monday after falls last week when rain in top grower Brazil reduced stress on parched trees, while raw sugar rose and cocoa was little changed.Dealers said the outlook for Brazil's 2015/16 crop remained uncertain despite the recent rains which may not have come in time to prevent significant crop losses."The rain will not recover the losses, there had already been losses before the rain arrived and it will not recover those," said Andrea Thompson, an analyst at CoffeeNetwork, part of INTL FC Stone.March arabica coffee traded up 1.2 cents, 0.9 percent at $1.7540 per lb at 1300 GMT.Robusta coffee futures were little changed as dealers kept a close watch on the harvest in top producer Vietnam which some expecting a smaller crop than last season."I don't believe that it (Vietnamese crop) will be significantly worse than 2013-14, I've seen forecasts of figures ...

Nickel hits one-week high on worries over Philippine supply LONDON: Nickel prices touched their highest level in a week on Monday over concerns that the typhoon season in the Philippines could hit supply and lead to shortages.The island nation, which has been a key supplier of nickel ore after an Indonesian ban, was hit about a week ago when Typhoon Hagupit destroyed nearly 16,500 houses and killed 11 people."We've said for a long time that there should be a shortage of nickel during the ...
Gold slips 1 percent as dollar firms before Fed meeting LONDON: Gold fell 1 percent on Monday, after posting its biggest weekly gain in two months, as the dollar firmed before a Federal Reserve meeting that could provide clues on the timing of a possible interest rate rise by the U.S. central bank.The Fed's meeting on Tuesday and Wednesday follows data pointing to a strengthening economy, which could sharpen the case for the central bank to take a more hawkish stance.A sooner-than-expected rise in interest ...
Kazakh grain exports down at 3.05mn tonnes so far this marketing year ASTANA: Kazakhstan's grain exports fell to 3.05 million tonnes from the start of the marketing year on July 1 to Dec. 10 from 3.97 million tonnes in the same period last year, Agriculture Ministry data showed on Monday.Central Asia's largest grain producer is likely to export 7 million tonnes of grain in the current marketing year, a senior ministry official told Reuters last week. This year's grains harvest is estimated at around 17 million tonnes ...
EU nations auction 1.873mn spot carbon permits at 6.60 eur/t LONDON: European Union nations sold 1.873 million spot EU carbon permits on EEX at 6.60 euros per tonne each on Monday, the exchange said.The benchmark EU carbon futures contract was trading down 5 cent at 6.61 euros a tonne just before the auction closed at 1000 GMT.Copyright Reuters, 2014 ...
Johnson Matthey sells gold, silver refining activities LONDON: British chemicals and industrials group Johnson Matthey has sold its gold and silver refining business to Japanese metal recycling firm Asahi Holdings, it said Monday.Johnson Matthey announced in a statement that it has sold the activities to Asahi for £118 million ($186 million, 150 million euros) in a cash deal expected to complete by late March 2015.The refining division serves customers globally from refineries in Salt Lake City in the United States and Brampton, ...
Turkey buys 27,500 T durum wheat in tender HAMBURG: Turkey's state grain board TMO has purchased 27,500 tonnes of optional-origin durum wheat in tenders for the same volume which closed on Friday, traders said. The durum was for shipment between Dec. 22, 2014, to Jan. 31, 2015 in five 5,500 tonne consignments, they said. Two consignments were bought at $435.00 a tonne c&f for shipment to the Turkish port of Samsun, two for shipment to the port of Mersin were bought at $438.00 ...


Index Closing Chg%
Arrow DJIA 18,096.90 0.58
Arrow Nasdaq 4,967.14 0.26
Arrow S&P 2,098.53 0.44
Arrow FTSE 6,919.24 0.44
Arrow DAX 11,390.38 0.98
Arrow CAC-40 4,917.35 0.99
Arrow Nikkei 18,703.60 0.59
Arrow H.Seng 24,465.38 0.96
Arrow Sensex 29,380.73 0.72

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln