The general trend of the commodity prices remained still on upside despite the government's claims that stern measures have been taken to control prices.
The January vaida opened at Rs 456 and was highest at Rs 457.40. Later it was down in depressed trading and quoted at Rs 455.60, but partially recovered and closing was seen at Rs 457.00.
The ginners may have been tempted to revise cotton prices as cotton futures rose sharply for the second time, but the spinners' quick reaction appears to have restrained them for the day, said relevant sources on Thursday.
Tajikistan's primary aluminium output rose 3.4 percent to 319,360 tonnes in 2003 compared with a year earlier and would rise further in 2004, a source at the country's sole aluminium producer said on Wednesday.
Current changes in prices on Jodia Bazar notified on Thursday (January 1, 2004) where skimmed milk had changes in Germany's down Rs 100 to Rs 3800 and Halla SMP down Rs 150 to Rs 3450 and full cream instant Kerry Gold down Rs 100 to Rs 3700.
Chicago Board of Trade rough rice futures closed slightly higher on Wednesday, with rolling of nearby January contracts featured during the thinly traded, holiday-shortened session, brokers said.
Though COMEX copper prices finished on Wednesday's early session with only a modest rise, those gains took the red metal to a year-end close at levels last seen in August 1997, as thin conditions allowed bullish speculators to rule the day, copper traders
The Karachi Port handled 97,609 tonnes of cargo including 81,355 tonnes import and 16,254 tonnes export cargo during last 24 hours ending at 0700 hours on Thursday.
Slowly but steadily, lint prices have crawled to higher levels and have gained about Rs 125 to Rs 150 per maund (37.32 kgs) over the past week or ten days. On Thursday the tone and tenor of the cotton price line showed tightening tendency. Strong fundamen
Slowly but steadily, lint prices have crawled to higher levels and have gained about Rs 125 to Rs 150 per maund (37.32 kgs) over the past week or ten days. On Thursday the tone and tenor of the cotton price line showed tightening tendency. Strong fundamen
CSCE cocoa futures ended lower on Wednesday, hitting their lowest price since November 26 in a surprisingly active year-end session as speculators and local traders operated from the short side after a brief bounce, brokers said.
Singapore bunker prices were mostly lower on Wednesday in thin pre-holiday trade, but prices rose elsewhere in Asia due to healthy China demand, traders said.
CSCE coffee futures finished the final trading day of the year higher on Wednesday with a last-minute spike sparked by buy stops in a quiet conditions, dealers said.
The United States has allocated from 30 to 40 million dollars to build a road bridge over the river that separates Afghanistan and the Central Asian republic of Tajikistan, the US embassy in Dushanbe said Thursday.
India's merchandise exports surged nearly 14 percent in November driven by large holiday season orders from its main markets in the US and Europe and analysts said they were on course to meet the 12 percent annual target.
South Korea's trade surplus surged last year with exports recording an all-time high of nearly 200 billion dollars, the commerce, industry and energy ministry said Thursday.
US and Canadian investigators are trying to pinpoint if a cow in Washington state and another in Alberta shared a common source of feed before contracting the deadly mad cow disease.
Can a few bad apples - like product quality complaints and potential lawsuits - spoil the bunch for loyal fans of Apple Computer Inc ahead of their biggest party of the year?
The Bangladesh government cut the interest rate it pays on savings certificates on Thursday so business lending rates could drop and savers would put money into capital markets instead, an official said.
The New York Stock Exchange said on Wednesday that its global market capitalisation for shares traded rose in 2003, amid one of the most turbulent periods in the exchange's 211-year history.
US giant Citibank and HSBC Holdings Plc, the world's second-biggest bank by market value, have become the first foreign banks to win approval to issue credit cards in China, state media said on Thursday.
Showa Shell Sekiyu KK, a Japanese refiner half owned by Royal Dutch/Shell, is planning to nearly double its purchases of Iraqi crude in January, the Nihon Keizai Shimbun reported on Thursday.
Prosecutors on Thursday prepared for a new phase in their investigation into a multi-billion-euro fraud Italian food group Parmalat which has triggered one of the world's biggest corporate scandals.
Following a month of delays and bickering over who can bid for $18.6 billion in rebuilding work in Iraq, the Pentagon is expected to open up bidding on a slew of contracts next week, officials said late Wednesday.
The long, sometimes tortuous process of electing a US president, marked by baffling rules, quirky rituals and a history of surprises, enters its decisive stretch this month.
Dutch-Belgian financial services group Fortis said on Thursday that the Hong Kong arm of China's biggest lender will pay HK $2.16 billion (US $276.5 million) to buy most of its local banking operations, accelerating consolidation of the city's crowded ban
US album sales fell once again in 2003, but there were some signs that the music industry could be pulling out of its long-running slump, retail tracker Nielsen SoundScan reported on Wednesday.
The Canadian dollar, at a 10-year high versus the US currency on Tuesday, is weighing heavily on Canada's once powerful economy, which was already reeling from a series of one-off shocks this year.
Brazilian Central Bank on Tuesday forecast that Latin America's biggest economy would expand 3.5 percent in 2004 after a year of near-zero growth as lower interest rates kicked in and exports galloped ahead.
The Indian government, fearing voter wrath in national elections due in 2004, is likely to put on hold the rollout of a controversial new cable television access system, reports said Thursday.
China's FAW Xiali posted a nearly 33 percent rise in 2003 sales from its joint venture with Japan's Toyota Motor Corp thanks to China's thriving car market.
Turkey is to assess whether the failed Pamukbank could be merged with a state bank after bids for it fell short of expectations, a state banking body said on Wednesday.
The dollar hit an all-time low against the euro on Wednesday, shrugging off US economic data as concerns about possible attacks in the United States during New Year celebrations intensified selling pressure.
The Canadian dollar eased slightly from its 10-year high versus the US greenback on Wednesday, but most traders expect the currency, which surged 18 percent this year, will extend its torrid climb in 2004.
Mexican stocks ended the year at a record high on Wednesday, led by gains in blue chip cell phone company America Movil after news late Tuesday it had swapped its stake in computer retailer CompUSA Inc.
Toronto stocks capped off a winning year with a slight rise on Wednesday as a thin crop of investors felt little need to tinker with a market that posted its first annual increase since the high-tech boom of 2000.
US blue chips etched out slim gains to end at their 2003 peak on Wednesday as investors paused to reflect on the blazing rally over the past year that helped the market rack up its first annual gain since 1999.
Country music icon Willie Nelson has written a Christmas song with an edge - a protest against the war in Iraq that he hopes will stir passions in those who hear it.
Tens of thousands of protesters took to the streets of Hong Kong here on Thursday in a New Year's Day rally calling for a swift transition to full democracy in the former British colony, organisers said.
Iranian authorities have arrested the kidnappers of an Irish and two German tourists, who were released on Sunday after a three-week ordeal, the foreign ministry said Thursday.
Italy and Spain canvassed Ireland's support in the late 1940s to put the holy city of Jerusalem under Roman Catholic control within the young Jewish state of Israel, according to classified Irish government documents published Thursday.
Kenyan President Mwai Kibaki urged the country's politicians to set aside personal ambitions on Thursday, hoping to stop a rift in the ruling coalition from further undermining his year-old government.
Researchers from Jerusalem's Hebrew University have managed to decipher the nervous system's signals which command some limbs, in a breakthrough which could allow paraplegic people to recover prosthetics-assisted mobility.
A popular Philippine senator added political muscle to movie actor Fernando Poe Jr's campaign against President Gloria Macapagal Arroyo on Thursday by signing on as his running mate for May elections.
A 37 year-old United States citizen was Thursday charged with murdering an unarmed British policeman on duty in northern England last week, police said.
Britain welcomed General Augusto Pinochet's violent 1973 coup in Chile and regarded his military officers as "decent professionals" who were "on our side", documents released on Thursday showed.
Several of Myanmar's ethnic leaders have pledged their support to the military-ruled country's so-called democracy "road map" at an annual festival, the state-run press reported here Thursday.
Nasa's Stardust space probe, launched nearly five years ago, on Friday is due to capture the first-ever samples of comet dust, bringing them back to Earth in 2006.
The World Health Organisation (WHO) said Thursday it is likely that a major Sars outbreak in China could be prevented because the country is well prepared to tackle a re-emergence of the disease.
A young girl and a pregnant woman were among three people pulled out alive from the rubble of the Bam earthquake on Thursday, Iranian state radio reported.
Defence Secretary Geoff Hoon said on Thursday British troops would still be in Iraq in a year, but their role would have changed from occupation to support for an Iraqi transitional government.
US armoured vehicles sealed off a large mosque in south-western Baghdad Thursday in an operation to arrest a leading Sunni Muslim cleric, witnesses said.
Egyptian President Hosni Mubarak, 75, whose recent illness sparked debate over his successor, said in remarks broadcast on Thursday he would not bequeath power to his son.
Israel's army said it was lifting its blockade on the encircled West Bank city of Jenin on Thursday as an Egyptian envoy called on the Jewish state to do more to help revive Middle East peace talks.
British spy chiefs secretly warned that the United States would be prepared to invade Saudi Arabia and Kuwait to seize their oilfields following the 1973 Arab-Israeli war, it was disclosed Thursday.
Japan will extradite a 43-year-old Japanese researcher to United States custody nearly three years after Washington charged him with stealing genetic research material, news reports said Thursday.
Up to a quarter of the 502 delegates thrashing out a new Afghan constitution refused to vote on Thursday, as ethnic divisions threatened to undermine a draft charter backed by the United States.
US fighter jets late Wednesday escorted a British Airways passenger plane to Washington's international airport where it was detained on the tarmac so its 247 passengers could be questioned by federal agents, The Washington Post said Thursday.