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Markets - Commodities

Tuesday, November 12, 2019

Vietnamese coffee prices edge up
Commodities

Vietnamese coffee prices edge up

Vietnam's domestic coffee prices continued to pick up after a rebound in London prices, and as cherry picking is not yet in full swing, traders said on Thursday.
Published 12 Nov, 2019 12:00am
Parthenium hazardous for humans, livestock: experts
Commodities

Parthenium hazardous for humans, livestock: experts

Experts have cautioned that Parthenium, a toxic and invasive weed, can emerge as most hazardous for human and livestock as it causes allergy, asthma and other disease and put a huge impact on the quality of livestock milk and meat.
Published 12 Nov, 2019 12:00am
Wheat sowing campaign begins
Commodities

Wheat sowing campaign begins

Wheat is being cultivated on a total of 19.5 million acres in Punjab province with an increase of 200,000 acres, estimated to produce 100 million tonnes, more than 2 million tonnes from last year.
Published 12 Nov, 2019 12:00am
Growers urge government to plan paddy straw management
Commodities

Growers urge government to plan paddy straw management

Growers have urged the government to come up with a comprehensive plan for disposal of paddy straw rather than just banning the burning of rice stubbles under section 144 in the bid to tackle the menace of environment pollution, especially smog.
Published 12 Nov, 2019 12:00am
Fertilizer manufacturers' profit falls by 31pc for 3Q
Commodities

Fertilizer manufacturers' profit falls by 31pc for 3Q

Profit of fertilizer manufacturers of Pakistan has declined by 31% YoY to Rs 8.6 billion for 3Q 2019, primarily due to decrease in gross profit margins, increase in administrative expense up by 33% YoY, and spike in finance cost by 110% YoY.
Published 12 Nov, 2019 12:00am
CBOT corn futures rise
Commodities

CBOT corn futures rise

Chicago Board of Trade (CBOT) corn futures rose for the first time in seven sessions on Friday after the US Department of Agriculture (USDA) lowered its forecast for US corn yields and production in a monthly report, traders said.
Published 12 Nov, 2019 12:00am
US MIDDAY: Gold slips
Commodities

US MIDDAY: Gold slips

Gold fell on Monday to its lowest in more than three months, dragged below technical support as upbeat risk sentiment kept US stock indexes close to record levels, while investors awaited news on the US-China trade.
Published 12 Nov, 2019 12:00am
China's iron ore futures at three-week low
Commodities

China's iron ore futures at three-week low

Iron ore futures in China touched a three-week low on Friday and posted their second consecutive weekly decline, as prospects of tepid steel demand over winter weighed on prices of the key steelmaking raw material.
Published 12 Nov, 2019 12:00am
CBOT soyabean futures fall
Commodities

CBOT soyabean futures fall

Chicago Board of Trade (CBOT) soyabean futures fell for the third time in four sessions on Friday after the US Department of Agriculture (USDA) left its US crop forecast unchanged in a monthly report, bucking market expectations for a cut, traders said.
Published 12 Nov, 2019 12:00am
Forward sales of Argentine grain up
Commodities

Forward sales of Argentine grain up

Forward sales of Argentine corn and soyabeans are zooming higher versus last year as growers hedge against possible increases in export taxes under President Alberto Fernandez, who is set to take office on Dec. 10.
Published 12 Nov, 2019 12:00am
Thai rice traders hope for deal with Iraq
Commodities

Thai rice traders hope for deal with Iraq

Thai rice export prices were little changed this week, but traders hoped a deal with Iraq could bolster shipments, while lacklustre demand and a slightly weaker rupee weighed on rates for the Indian variety. Local media on Wednesday reported Thailand sign
Published 12 Nov, 2019 12:00am
Canadian canola futures rise
Commodities

Canadian canola futures rise

ICE Canadian canola futures rose on Friday on support from lingering harvest problems in Western Canada and stronger palm and soyaoil prices.
Published 12 Nov, 2019 12:00am
India's gold discount drops to five-month low
Commodities

India's gold discount drops to five-month low

Gold buying in India picked up this week as a correction in prices revived demand in world's second biggest consumer, narrowing discounts to the lowest level in five months, while buying interest was tepid in other Asian centres.
Published 12 Nov, 2019 12:00am
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