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London cocoa hits 4-1/2 year high, sugar dips LONDON: Cocoa futures in London set a new 4-1/2 year high on Monday, supported by concerns that dry weather could reduce production in top grower Ivory Coast and by lower arrivals data.Raw sugar on ICE dipped, pressured by a firming of the dollar after the weekend Paris attacks.Arabica coffee was little changed, with a focus on weather in top grower Brazil, while robusta steadied.Cocoa pursued its upward trajectory of the past few weeks as exporters estimated that about 47,000 tonnes of beans were delivered to the West African state's ports of Abidjan and San Pedro from Nov. 9 to 15, down from 61,000 tonnes in the same period last year."The arrivals were down -- that has spooked the market," one London-based futures broker said.London March cocoa was up 2 pounds, or 0.1 percent, at 2,290 pounds a tonne at 1501 GMT after peaking at 2,307 pounds, the highest for the ...

Demand fears push copper to lowest in more than six years LONDON: Copper prices fell to their lowest in more than six years on Monday in a sell-off triggered by the attacks in Paris, a stronger dollar and poor demand prospects in top consumer China.Benchmark copper on the London Metal Exchange slid as low as $4,700 a tonne in early trading, its lowest since June 2009. The metal used in power and construction was down 2.5 percent at $4,705 at 1503 GMT.Risky assets, such as commodities ...
Demand fears push copper to 6-year low LONDON: Copper prices fell to six-year lows on Monday in a sell-off triggered by the attacks in Paris, a stronger dollar and poor demand prospects in top consumer China.Benchmark copper on the London Metal Exchange hit $4,747.50 a tonne earlier, although by 1029 GMT the metal used in power and construction was down 1.3 percent at $4,762.Risky assets, such as commodities and equities, came under pressure as investors turned to safer assets, such as the ...
Gold rebounds on flight to safety as Paris attacks hit shares LONDON: Gold rose about one percent on Monday, rebounding from a six-year low hit last week as the multiple attacks in Paris led to a bout of global risk aversion.Attacks in Paris on Friday killed 129 people, prompting France to launch air strikes in Syria against Islamic State, which claimed responsibility.Spot gold rose as much as 1.4 percent to $1,097.90 an ounce, a 10-day high, and was up 0.8 at $1,092.40 by 1106 GMT. U.S. ...
Congo copper production down 8.2pc in Q3: Chamber of mines KINSHASA: Copper production in Democratic Republic of Congo, Africa's top producer, slumped 8.2 percent year on year in the third quarter due to power shortages and low metal prices, the chamber of mines said.The mining sector accounts for about 20 percent of the central African nation's gross domestic product (GDP) but falling mineral prices have threatened tax revenue and economic growth. The government has pledged to promote agriculture and services.In a report seen by Reuters ...
Algeria bought around 550,000 T milling wheat in tender PARIS: Algeria's state grains agency OAIC bought around 550,000 tonnes of optional-origin milling wheat in a tender that closed on Thursday, European traders said on Friday. OAIC paid an estimated average of $205 a tonne, including cost and freight, for the wheat, with traders citing prices ranging from $204.00 to $205.50. The wheat was for shipment in January. The agency does not publish details of its import tenders and results reported are estimates by traders. ...
Gold eyes fourth weekly loss as investors count on Fed rate rise LONDON: Gold steadied off near six-year lows on Friday but stayed on track for a fourth straight weekly loss, hurt by expectations the Federal Reserve is set to raise US interest rates next month for the first time in nearly a decade.A raft of Fed officials lined up behind a December rate rise on Thursday, with one central banker saying the risk of waiting too long was now roughly in balance with the risk of ...


Index Closing Chg%
Arrow DJIA 17,888.35 0.95
Arrow Nasdaq 5,156.31 0.93
Arrow S&P 2,102.63 1.07
Arrow FTSE 6,395.65 0.62
Arrow DAX 11,261.24 1.06
Arrow CAC-40 4,914.53 0.87
Arrow Nikkei 20,012.40 1.34
Arrow H.Seng 22,381.35 1.75
Arrow Sensex 26,169.41 0.09

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WeeklyNovember 30, 2015
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