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Markets - Commodities

Saturday, January 30, 2021

Russia may impose formula-based wheat export tax from June 1
Commodities

Russia may impose formula-based wheat export tax from June 1

  • Moscow is attempting to reduce wheat exports to help curb rising domestic food prices after President Vladimir Putin criticised food inflation amid the coronavirus pandemic.
  • The formula may be set at 70% of the difference between the price of wheat per tonne and $200, starting from June 1.
Published 30 Jan, 2021 06:55pm
PMEX daily trading report
Commodities

PMEX daily trading report

KARACHI: On Thursday, at PMEX the traded value of metals, energy, COTS/FX and indices was recorded at PKR 19.601...
Published 30 Jan, 2021 03:55am
Japan rubber futures jump
Commodities

Japan rubber futures jump

TOKYO: Japanese rubber futures jumped on Friday, ending the first month of 2021 firmer, amid hopes of an economic...
Published 30 Jan, 2021 03:55am
Copper under pressure
Commodities

Copper under pressure

LONDON: Copper prices came under pressure on Friday from profit-taking on long positions triggered by the higher...
Published 30 Jan, 2021 03:55am
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