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Australian lowest offer in Iraq's 50,000 tonnes wheat tender HAMBURG: Australian wheat was offered at the lowest price of $339.70 a tonne c&f liner out in Iraq's tender to purchase a minimum 50,000 tonnes of milling wheat which closed on Sunday, European traders said on Monday. The offer was made for 100,000 tonnes and no purchase has yet been made, traders said. Offers must remain valid until Dec. 19. The lowest offer for US wheat was $358.87 a tonne liner out for 50,000 tonnes, traders said. The lowest offer for Canadian wheat was 50,000 tonnes at $361.05 a tonne c&f liner out, traders said. Copyright Reuters, 2013 ...

Copper hits six weeks high LONDON: Copper touched a six-week peak on Friday in a sixth straight session of gains as nervous investors bought back short positions ahead of a US central bank meeting that could decide the fate of its monetary stimulus. Three-month copper on the London Metal Exchange closed up 0.4 percent at $7,255 a tonne, after touching a high of $7,265.25, its strongest since Nov. 1. The metal used in power and construction was trading ...
Iraq makes no purchase in 30,000 tonnes rice tender HAMBURG: Iraq's state grain board has rejected all offers and made no purchase in an international tender to buy at least 30,000 tonnes of rice, European traders said on Friday. The tender closed on Sunday and offers had to remain valid until Thursday. The lowest offer was $725 a tonne c&f free out (ciffo) for 30,000 tonnes of long grain rice to be sourced from Argentina, traders said. In its previous rice tender on Nov. ...
Copper falls on strong dollar, US Fed meeting in focus LONDON: Copper slipped on Friday after five sessions of gain as the dollar rose across the board and caution prevailed ahead of a US Federal Reserve meeting next week. Three-month copper on the London Metal Exchange was at $7,220 a tonne at 1050 GMT, down from a last bid of $7,226 on Thursday. After hitting one-month highs this week, the metal used in power and construction is trading 1.5 percent higher for the week but ...
EU wheat prices fall as stronger euro weighs LONDON: Wheat prices in western Europe were lower on Friday, slipping back from a seven-month high set earlier in the week, weighed partly by a stronger euro. March milling wheat on Paris Euronext was down 1.50 euros, or 0.7 percent, at 206.50 euros a tonne at 1712 GMT. The contract peaked at 211.25 euros on Wednesday, its highest level since May. The euro rose to a five-week high against the dollar ...
Raw material prices mixed amid strong US jobs data LONDON: Commodity prices diverged this week, with New York oil striking an October-peak and gold futures hitting five-month lows as markets tracked positive US economic data including Friday's jobs numbers. The US jobless rate fell to seven percent in November, a five-year low, official data showed, raising the odds that the Federal Reserve could soon cut its huge stimulus programme. The sharp drop in the rate, from 7.3 percent in October, was unexpected, and came ...
Soymeal down on South American crop outlook  ROTTERDAM: Soymeal on the European meals and feeds market eased on Friday following technical selling in CBOT soymeal futures on Thursday due to the outlook for a bumper South American soybean crop. "Asking prices in the cash market were mostly fixed on Thursday's easier CBOT close and because of expectations for a large soybean crop in South America. The easier trend kept most buyers sidelined as they hope prices will ease further," one broker ...

 



 
Index Closing Chg%
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Arrow S&P 1,983.53 0.50
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Arrow CAC-40 4,369.52 1.50
Arrow Nikkei 15,343.28 0.84
Arrow H.Seng 23,782.11 1.69
Arrow Sensex 26,025.80 1.21





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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyMay
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln