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ICE sugar near 34 month low LONDON: Raw sugar futures on ICE hovered above a 34-month low on Tuesday, as bumper crops in producers including Brazil and Mexico kept prices under pressure, while arabica coffee and cocoa futures were steady.July raw sugar futures eased 0.01 cent or 0.1 percent to 16.80 cents per lb at 1103 GMT, matching the previous session's near three-year low."The market has been in a continued downtrend since the end of last year," said Andrey Kryuchenkov, analyst at VTB Capital."The downtrend is still intact."Sugar prices have more than halved since peaking at 36.08 cents in February 2011 as consecutive global surpluses have built up.Dealers said Brazil's harvest was progressing well, while Mexico was expected to see record output in 2012/13, further flooding an oversupplied global market.August white sugar on Liffe eased 50 cents or 0.1 percent at $473.90 a tonne.COFFEE CONSOLIDATESArabica coffee futures ICE were little changed with ICE July futures up ...

Copper slips ahead of factory data; US outlook supports LONDON: Copper slipped on Tuesday as traders grew nervous ahead of a slew of factory data this week and as they focused on disappointing import numbers from top consumer China, though losses were capped by confidence in the US economy.Benchmark three-month copper on the London Metal Exchange traded down 0.24 percent at $7,381 a tonne at 0846 GMT, eating away at Monday's gains of more than 1 percent.Copper has rebounded from 18-month lows hit earlier ...
ICE sugar slips to lowest level since July 2010 LONDON: Raw sugar futures on ICE fell to the lowest level in nearly three years on Monday as the strong pace of cane crushing in top producer Brazil exerted further downward pressure on the market already struggling to absorb excess supplies.July raw sugar on ICE fell 0.09 cent or 0.5 percent to 16.80 cents a lb, the lowest level for the benchmark front month since July 2010.Copyright Reuters, 2013 ...
Copper gains as China inventories fall, dollar weighs LONDON: Copper rose for a second day on Friday, supported by tentative signs of better metals demand in top consumer China, but gains were capped by a stronger dollar and persistent worries about Chinese economic growth.Data on Friday showed that copper in warehouses registered by the Shanghai Futures Exchange fell by 4,713 tonnes or 2.4 percent over the past week, bringing the total decline since the start of April to nearly a quarter.There have also ...
Copper rebounds as dollar drops, weak demand caps gains LONDON: Copper rose on Thursday, rebounding from earlier falls, as the dollar weakened against the euro and a basket of currencies, but further gains for the metal were capped by concern about lacklustre demand from top consumer China.Three-month copper on the London Metal Exchange closed at $7,280 a tonne, up from $7,198 on Wednesday.It is on track for a 2 percent fall this week and a fall of 9 percent so far this year.Further weakness ...
EU wheat slips on US fall, hesitates on weather PARIS: European wheat futures extended losses in late Thursday trading after a fall in Chicago, but operators remained hesitant about prospects for this summer's northern hemisphere harvests.November milling wheat on the Paris futures market closed down 1.50 euros or 0.71 percent at 208.75 euros a tonne.The November contract on London's feed wheat futures fell below 180 pounds per tonne for the first time since May 2."The market is treading water," a French cash broker said. ...
Gold falls for sixth session, may re-test April lows LONDON: Gold dropped for the sixth consecutive session on Thursday, hitting its lowest level in four weeks, on a stronger dollar and battered investor sentiment.Rallying stocks have also hurt bullion's appeal as an alternative investment this year, leading funds to generally liquidate their gold positions.Gold fell as much as 1.6 percent to a low of $1,369.29 an ounce in earlier trade. It pared some losses but remained down 1.2 percent at $1,375.46 at 1118 GMT.US ...

 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 20, 2014
Reserves $13.436 bln