Trends - CBOT - Business Recorder

CBOT

CBOT soybeans may extend gains into $15.30-1/4 to $15.41-1/4 range

The resistance at $15.14-1/4 may not hold.

Published 22 Apr, 2021 12:23pm

Markets

US MIDDAY: Corn, soya climb to multi-year highs

CHICAGO: US corn and soyabean futures climbed to multi-year highs on Wednesday, supported by firm cash markets as...

Published 22 Apr, 2021 03:55am

Markets

CBOT soybeans may hover below $14.88-1/4

A realistic target will be $15.01-1/4. On the daily chart, the contract faces a similar resistance at $14.91-1/2.

Published 21 Apr, 2021 12:03pm

Markets

CBOT wheat may fall to $6.39-3/4

A decent correction is due. On the daily chart, two doji formed around a resistance at $6.54-3/4, on Monday and April 16.

Published 20 Apr, 2021 11:40am

Markets

CBOT corn may rise into $6.00-1/4 to $6.07 range

This could be a bullish continuation pattern or a top pattern, depending on the subsequent break above the upper trendline or below the lower trendline.

Published 20 Apr, 2021 11:35am

Markets

CBOT soybeans may test resistance at $14.72-1/4

Based on the depth of the correction from the March 8 high of $14.60 to the March 30 low of $13.64-1/4, the contract may rise to $15.57.

Published 20 Apr, 2021 11:34am

Markets

Corn and soya climb

CHICAGO: US corn futures rose on Monday, flirting with multi-year highs set last week, as forecasts for frosty...

Published 20 Apr, 2021 03:59am

Markets

CBOT corn may retest resistance at $6.00-1/4

A rising trendline suggests a target of $6.19-1/4.

Published 19 Apr, 2021 11:28am

Markets

CBOT soybeans may retest resistance at $14.54

The uptrend from $8.23-3/4 so far remains intact. Indeed, it may have resumed, as the contract persistently rose towards $14.54-3/4.

Published 19 Apr, 2021 11:27am

Markets

Indonesia buys up to 120,000 tonnes of Black Sea wheat

SINGAPORE: Flour millers in Indonesia this week bought around 120,000 tonnes of old-crop Black Sea wheat for ...

Published 17 Apr, 2021 03:28am

Markets

CBOT soybeans may test resistance at $14.31-1/2

A break below $14.20-1/2, now a support, could open the way towards $14.04-1/2.

Published 16 Apr, 2021 11:25am

Markets

US MIDDAY: Corn futures ease; wheat, soyabeans up

CHICAGO, April 15 (Reuters) - US corn futures dipped on Thursday, pressured by commercial hedging after spiking ...

Published 16 Apr, 2021 03:40am

Markets

CBOT corn may rise into $6.00-1/4 to $6.07 range

The zigzagging mode indicates either a temporary top around $6.06 or an early stage of a strong rally. The $6.06-1/2 level will be pivotal in evaluating the next direction.

Published 15 Apr, 2021 11:56am

Markets

CBOT soybeans may test resistance at $14.20-1/2

Based on the readings on the hourly chart, the contract may edge up into the range of $14.33-1/2 to $14.54-3/4 first.

Published 15 Apr, 2021 11:28am

Markets

CBOT soybeans may test resistance at $14.04-1/2

On the daily chart, the contract found a similar support at $13.76-3/4, around which, a spinning top formed on Tuesday.

Published 14 Apr, 2021 12:10pm

Markets

U.S. soybean, corn futures rise after two losing sessions

Wheat futures also were firm, with concerns about dry conditions limiting U.S. and European production underpinning prices.

Updated 14 Apr, 2021 12:01am

Markets

CBOT soybeans may test resistance at $13.91-1/2

With the contract having come so close to the March 30 low of $13.64-1/4, the pattern around $14.54-3/4 looks more and more like a double-top, which will suggest a target of $12.70 once confirmed.

Published 13 Apr, 2021 01:09pm

Markets

CBOT corn may stabilize around $5.65-3/4

Even though corn is much expected to bounce from the current level, it is still too early to conclude a resumption of the uptrend.

Published 13 Apr, 2021 12:59pm

Markets

Money managers flirting with all-time record CBOT corn long

FORT COLLINS, (Colo.,): Speculators’ hugely bullish corn gamble that was set in motion late last year has paid off...

Published 13 Apr, 2021 04:31am

Markets

CBOT soybeans fall on larger global stocks assessment

CHICAGO: Chicago Board of Trade soybean futures fell on Friday after the US Department of Agriculture reported...

Published 11 Apr, 2021 05:27am

Markets

CBOT soybeans neutral in $14.04-1/2 to $14.20-1/2 range

Only a rise above $14.33-1/2 could bring some hope to the continuation of the uptrend.

Published 09 Apr, 2021 10:56am

Markets

CBOT soybeans may fall into $13.78-1/2 to $13.91-1/2 range

On the daily chart, the pattern around $14.54-3/4 looks like a double-top, based on the weak bounce from the April 1 low of $13.98-1/2.

Published 08 Apr, 2021 12:51pm

Markets

CBOT wheat futures gain on spring planting worries

CBOT May soft red winter wheat settled 3/4 cent higher at $6.16-1/4 per bushel.

Updated 08 Apr, 2021 09:06am

Markets

Wheat lifted on spring planting concerns

CBOT soybeans fell 10 cents to $14.08-3/4 per bushel, while CBOT corn added 5 cents to $5.59-1/4 per bushel.

Updated 08 Apr, 2021 12:17am

Markets

CBOT wheat may retest resistance at $6.21-1/2

On the daily chart, the current bounce is expected to be matching the one from the Jan. 25 low of $6.26.

Published 07 Apr, 2021 01:51pm

Markets

Soybeans rise on tight near-term supply; corn, wheat steady

The most-active soybean futures on the Chicago Board of Trade were up 6-1/4 cents at $14.19 per bushel by 12:00 p.m. (1800 GMT).

Updated 07 Apr, 2021 12:22am

Markets

CBOT corn ends lower, retreats from rally last week

Traders sold old crop contracts and bought new crop contracts in spread trades. December corn ended slightly firmer.

Updated 06 Apr, 2021 12:08am

Markets

Soy up 12-15 cents, corn mixed, wheat steady-up 3 cents

Benchmark soft red winter wheat futures firming on some concerns about crop health in parts of Midwest after cold snap late last week.
Forecasts for rain in southern US Plains pressure hard red winter wheat while spring wheat supported by dry soils in northern US Plains.

Published 05 Apr, 2021 08:22pm

Markets

CBOT soybeans may rise into $14.31-1/2 to $14.46-1/2 range

The strength of the bounce from the same day low of $13.98-1/2 indicates a resumption of the uptrend.

Updated 05 Apr, 2021 11:13am

Markets

Chicago corn firms, near 8-year high on tightening supplies

Soybeans gave up early gains to trade flat, while wheat slid on pressure from improved weather across the Northern Hemisphere.

Published 05 Apr, 2021 08:31am

Gainers
Losers
Leaders

Stock	Price
Punjab Mod / Jun 5 First Punjab Modaraba(FPJM)	1.41 ▲ 0.19 (15.57%)
Pak. P.V.C. / Jun 5 Pakistan PVC Limited(PPVC)	4.82 ▲ 0.61 (14.49%)
Hussain Industries / Jun 5 Husein Industries Limited(HUSI)	11.49 ▲ 0.99 (9.43%)
Gammon Pak / Jun 5 Gammon Pakistan Limited(GAMON)	5.30 ▲ 0.40 (8.16%)
Sui South Gas / Jun 5 Sui Southern Gas Company Limited(SSGC)	9.66 ▲ 0.70 (7.81%)
HI-Tech Lub. / Jun 5 Hi-Tech Lubricants Limited(HTL)	23.47 ▲ 1.64 (7.51%)
Atlas Battery / Jun 5 Atlas Battery Limited(ATBA)	224.16 ▲ 15.64 (7.50%)
Century Paper / Jun 5 Century Paper & Board Mills Limited(CEPB)	55.60 ▲ 3.88 (7.50%)
Dawood Lawrencepur / Jun 5 Dawood Lawrencepur Limited(DLL)	258 ▲ 18.00 (7.50%)
Exide (PAK) / Jun 5 Exide Pakistan Limited(EXIDE)	274.59 ▲ 19.16 (7.50%)

Stock	Price
Unicap Modaraba / Jun 5 Unicap Modaraba(UCAPM)	1.70 ▼ -0.67 (-28.27%)
Pak Gulf Leasing / Jun 5 Pak-Gulf Leasing Company Limited(PGLC)	6.50 ▼ -0.99 (-13.22%)
Mehran Sugar / Jun 5 Mehran Sugar Mills Limited(MRNS)	38 ▼ -5.00 (-11.63%)
Rafhan Maize / Jun 5 Rafhan Maize Products Company Limited(RMPL)	8332 ▼ -1059.00 (-11.28%)
Diamond Ind. / Jun 5 Diamond Industries Limited(DIIL)	30.62 ▼ -2.48 (-7.49%)
Gillette Pak / Jun 5 Gillette Pakistan Limited(GLPL)	109.08 ▼ -8.82 (-7.48%)
John&Philips / Jun 5 Johnson & Phillips (Pakistan) Limited(JOPP)	35.02 ▼ -2.83 (-7.48%)
Indus Dyeing / Jun 5 Indus Dyeing & Manufacturing Co. Limited(IDYM)	126 ▼ -9.06 (-6.71%)
Ruby Textile / Jun 5 Ruby Textile Mills Limited(RUBY)	3.13 ▼ -0.21 (-6.29%)
Reliance Ins. / Jun 5 Reliance Insurance Company Limited(RICL)	7.27 ▼ -0.48 (-6.19%)

Stock	Volume
WorldCall Telecom / Jun 5 Worldcall Telecom Limited(WTL)	16,776,521 ▼ -0.02
Pak Int.Bulk / Jun 5 Pakistan International Bulk Terminal(PIBTL)	10,345,500 ▲ 0.10
Sui North Gas / Jun 5 Sui Northern Gas Pipelines Limited(SNGP)	9,748,618 ▲ 2.54
Pak Petroleum / Jun 5 Pakistan Petroleum Limited(PPL)	9,220,831 ▲ 3.59
Oil & Gas Dev. / Jun 5 Oil & Gas Development Company Limited(OGDC)	8,432,214 ▲ 3.17
D.G.K.Cement / Jun 5 D.G. Khan Cement Company Limited(DGKC)	8,134,363 ▼ -0.12
Pak Refinery / Jun 5 Pakistan Refinery Limited(PRL)	5,737,803 ▲ 0.30
Maple Leaf Cement / Jun 5 Maple Leaf Cement Factory Limited(MLCF)	4,793,566 ▲ 0.31
Hascol Petrol / Jun 5 Hascol Petroleum Limited(HASCOL)	4,657,500 ▲ 0.12
Sui South Gas / Jun 5 Sui Southern Gas Company Limited(SSGC)	4,102,148 ▲ 0.70

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 5	286.10
USD PKR Interbank Buying / Jun 5	285.90
USD to Japanese Yen / Jun 5	140.13
USD to Swiss Franc / Jun 5	0.91
Pound Sterling to USD / Jun 5	1.24
Euro to USD / Jun 5	1.07
UK LIBOR % / Jun 2	5.06

Stock	Volume
S&P 500 / Jun 2	4282.37
Nasdaq / Jun 2	13240.77
Dow Jones / Jun 2	33762.76
India Sensex / Jun 5	62894.02
Tokyo Nikkei / Jun 5	32117.09
Hang Seng / Jun 5	18993.93
FTSE 100 / Jun 5	7637.92
Germany DAX 30 / Jun 5	16080.36
France CAC40 / Jun 5	7260.56

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 2	20235
Gold 10 Grams PKR / Jun 2	199760
Crude Oil USD/Barrel / Jun 5	72.64
Gold Spot USD/Ounce / Jun 5	1944.48
Cotton US¢/pound / Jun 5	81.63

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