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November, 2016

December, 2015

  • 19 December

    PALM OIL TICKS UP

    Malaysian palm oil futures gained on Friday, boosted by concerns that production would be hit by year-end monsoon and expectations of higher imports by China. The year-end monsoon season in palm producing Southeast Asian countries brings heavy rains and floods, curbing supplies and lending support to prices. The benchmark palm …

  • 19 December

    TRACTOR INDUSTRY ON THE VERGE OF SHUTDOWN: PAAPAM

    Pakistan Association of Automotive Parts and Accessories Manufactures has raised concern over the collapse of tractor sales resulting in the closure of Millat Tractors, AGTL and 300+ vending industry located in the Lahore and Karachi vicinity and associated with this industry. Currently 10% GST is levied on tractors which amounts …

  • 19 December

    KP CHIEF MINISTER STEPS UP OPPOSITION TO KALABAGH DAM

    KP Chief Minister Pervez Khattak has said that he still stuck to his clear stance on Kalabagh Dam issue and expressed the apprehension that not only entire Peshawar Division would sink but the whole province would also badly suffer if the dam is built saying that WAPDA could also not …

  • 19 December

    US FOB GULF SOYA PREMIUMS STEADY

    Export premiums for soyabeans shipped from the US Gulf Coast held steady on Wednesday on light to moderate demand from China for near-term shipments, but values were capped by expectations for an increase in shipments from Argentina, traders said. Argentina said Wednesday it was lifting its currency controls in a …

November, 2015

  • 28 November

    Higher temperatures delay wheat planting in India

    India’s wheat planting has been delayed by at least a week due to high temperatures, threatening its output of the grain yet again after hailstorms during harvest earlier this year dragged down annual production levels for the first time since 2007. Lower wheat acreage, down around 26 percent so far …

  • 28 November

    US MIDDAY: wheat tumbles ahead of deliveries

    Chicago wheat futures fell to a 2-1/2-month low on Friday, pressured by expectations of big deliveries next week and strength in the US dollar, during a shortened trading session after the Thanksgiving holiday. Expectations of big wheat deliveries, starting with first notice day on Monday for December contracts, weighed on …

  • 28 November

    Canadian canola rises on short-covering

    ICE Canadian canola rose on Tuesday, halting a five-day skid, on short-covering and strength in soyoil. January canola added $3.70 at $464.60 per tonne. March canola climbed $3.40 to $471.10 per tonne. January-March spread traded 4,256 times. Chicago January soybeans finished little changed, underpinned by short-covering and technical buying. Malaysian …

  • 28 November

    Falling rapeseed output to boost India’s vegetable oil imports

    India’s rapeseed output looks likely to fall this year as poor soil moisture and higher temperatures drag down the acreage planted, making higher imports of expensive vegetable oils by the world’s top buyer inevitable, trade and industry officials say. Planting of rapeseed, the main winter oilseed with the highest oil …

  • 28 November

    Palm oil hits 2-1/2 weeks high as monsoon season seen curbing output

    Malaysian palm oil futures rose on Friday for a third successive session to the highest in 2-1/2 weeks, tracking gains in other vegetable oils and supported by expectations of lower output. Palm traders say the onset of the monsoon season in key Southeast Asian producing countries could crimp supplies and …