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Print - 2004-04-28
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (April 27, 2004).
Published 28 Apr, 2004 12:00am
Brazil unemployment rate jumps in March

Brazil unemployment rate jumps in March

Brazil's unemployment rate rose for the third month in a row in March to a higher-than-expected 12.8 percent, the state-run Brazilian Institute of Geography and Statistics (IBGE) said on Tuesday.
Published 28 Apr, 2004 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Comm
Published 28 Apr, 2004 12:00am
Lahore stocks turn bearish

Lahore stocks turn bearish

Bearish trend returned to the Lahore Stock Exchange (LSE) where equities eroded values mainly on account of profit taking and lacking buying interest on the part of investors, amid selling pressure on Tuesday.
Published 28 Apr, 2004 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 28 Apr, 2004 12:00am
Lahore stocks turn bearish

Lahore stocks turn bearish

Bearish trend returned to the Lahore Stock Exchange (LSE) where equities eroded values mainly on account of profit taking and lacking buying interest on the part of investors, amid selling pressure on Tuesday.
Published 28 Apr, 2004 12:00am
End of the road soon for Iran's Paykan

End of the road soon for Iran's Paykan

Iran's national car, the Paykan, is to finally stop rolling off the production line before March 2005, bringing to an end nearly four decades of dubious service to the country's environment.
Published 28 Apr, 2004 12:00am
Egypt seeks sunoil

Egypt seeks sunoil

Egypt's state Holding Company for Food Industries (HCFI) said on Tuesday it was seeking 15,000 tonnes of Malaysian or Indonesian sunoil and 7,500 tonnes of palm stern to arrive in the first half of June.
Published 28 Apr, 2004 12:00am
Mixed trend on Islamabad Stock Exchange

Mixed trend on Islamabad Stock Exchange

Mixed trend was observed at Islamabad Stock Exchange (ISE) on Tuesday where bulls and bears had a close fight amid increase in index.
Published 28 Apr, 2004 12:00am
CSCE cocoa hits two-week high on fund short-covering

CSCE cocoa hits two-week high on fund short-covering

CSCE cocoa futures in New York finished firmer on Monday, hitting a two-week high on fund short-covering after on Friday's Commitments of Traders (COT) report showed a greater net short position held by the funds, traders said.
Published 28 Apr, 2004 12:00am
Mixed trend on Islamabad Stock Exchange

Mixed trend on Islamabad Stock Exchange

Mixed trend was observed at Islamabad Stock Exchange (ISE) on Tuesday where bulls and bears had a close fight amid increase in index.
Published 28 Apr, 2004 12:00am
CSCE coffee higher on roaster buying

CSCE coffee higher on roaster buying

CSCE coffee futures finished on Monday with moderate gains on light roaster buying, but volume remained exceptionally light with many players still skittish after last on Wednesday's sharp selloff, traders said.
Published 28 Apr, 2004 12:00am
Commanders briefed on Army's restructuring plan

Commanders briefed on Army's restructuring plan

The Formation Commanders Conference, with President General Pervez Musharraf in the chair, continued at the General Headquarters for the second day on Tuesday.
Published 28 Apr, 2004 12:00am
AWB boosts Australia new crop wheat pool prices

AWB boosts Australia new crop wheat pool prices

AWB Ltd has increased its new crop estimated wheat export pool returns by A$5 (US$3.65) a tonne because of good hedging opportunities and a softening Australian dollar.
Published 28 Apr, 2004 12:00am
Commanders briefed on Army's restructuring plan

Commanders briefed on Army's restructuring plan

The Formation Commanders Conference, with President General Pervez Musharraf in the chair, continued at the General Headquarters for the second day on Tuesday.
Published 28 Apr, 2004 12:00am
UK farmers have little to fear from EU-25-union

UK farmers have little to fear from EU-25-union

UK farmers have little to fear and much to gain from a new enlarged European Union of 25 countries, the country's National Farmers' Union (NFU) said in a report on Tuesday.
Published 28 Apr, 2004 12:00am
Warid accepts PTA terms for mobile licence

Warid accepts PTA terms for mobile licence

Business Recorder understands that Warid Telecom on Tuesday agreed to deposit 25 percent of the bid amount for a mobile licence within 10 working days from April 27 and make a further deposit of another 25 percent within 40 days thereof, in respons
Published 28 Apr, 2004 12:00am
Key facts in US-Brazil cotton trade row

Key facts in US-Brazil cotton trade row

A preliminary World Trade Organisation (WTO) ruling in a dispute between Brazil and the United States over cotton subsidies, the first ever challenge to the domestic farm policy of a rich state, is expected on Monday.
Published 28 Apr, 2004 12:00am
Warid accepts PTA terms for mobile licence

Warid accepts PTA terms for mobile licence

Business Recorder understands that Warid Telecom on Tuesday agreed to deposit 25 percent of the bid amount for a mobile licence within 10 working days from April 27 and make a further deposit of another 25 percent within 40 days thereof, in respons
Published 28 Apr, 2004 12:00am
Hard-hit Australian sugar sees 2004 output rise

Hard-hit Australian sugar sees 2004 output rise

Australia, the third largest raw sugar exporter in the world, was set to boost 2004 production by about five percent to around 5.3 million tonnes, industry sources told Reuters on Tuesday.
Published 28 Apr, 2004 12:00am
Warid accepts PTA terms for mobile licence

Warid accepts PTA terms for mobile licence

Business Recorder understands that Warid Telecom on Tuesday agreed to deposit 25 percent of the bid amount for a mobile licence within 10 working days from April 27 and make a further deposit of another 25 percent within 40 days thereof, in respons
Published 28 Apr, 2004 12:00am
Asian platinum: downside seen limited after sell-off

Asian platinum: downside seen limited after sell-off

Sound fundamentals will limit the potential downside for platinum prices after the precious metal's value fell more than 10 percent in the last two weeks, dealers said on Tuesday.
Published 28 Apr, 2004 12:00am
Oklahoma may produce 165 million bushels of hard red winter wheat

Oklahoma may produce 165 million bushels of hard red winter wheat

Some wheat industry experts were estimating Oklahoma could produce a healthy 165 million bushels of hard red winter wheat this year, lower than last year's crop, but well above the previous two seasons, state wheat commission officials said on Monday.
Published 28 Apr, 2004 12:00am
Iran seals gas deal with UAE: officials

Iran seals gas deal with UAE: officials

Iran has sealed a gas export deal with the United Arab Emirates, senior Tehran officials said on Tuesday but they differed on the volume to be shipped per day.
Published 28 Apr, 2004 12:00am
Nervousness prevails in bond market

Nervousness prevails in bond market

Erratic and nervous moves have been witnessed in the inter-bank bond market after the announcement of ''Jumbo'' issue of Rs 40 billion Pakistan investment bonds in 3 years, 5 years and 10 years.
Published 28 Apr, 2004 12:00am
G20 should replace G7 as world bloc: former World Banker

G20 should replace G7 as world bloc: former World Banker

The Group of Seven club of rich powers should lose its place as the lead authority on the global economy to the broader G20 grouping, which includes the world's biggest developing nations, a former World Bank official said.
Published 28 Apr, 2004 12:00am
Nervousness prevails in bond market

Nervousness prevails in bond market

Erratic and nervous moves have been witnessed in the inter-bank bond market after the announcement of 'Jumbo' issue of Rs 40 billion Pakistan investment bonds in 3 years, 5 years and 10 years.
Published 28 Apr, 2004 12:00am
BP plans to offload chemicals units, profits rise

BP plans to offload chemicals units, profits rise

Giant British oil firm BP reported an increase in profit towards the top end of expectations on Tuesday and said it would sell or float half of its chemicals business to focus on more profitable activities.
Published 28 Apr, 2004 12:00am
Nervousness prevails in bond market

Nervousness prevails in bond market

Erratic and nervous moves have been witnessed in the inter-bank bond market after the announcement of 'Jumbo' issue of Rs 40 billion Pakistan investment bonds in 3 years, 5 years and 10 years.
Published 28 Apr, 2004 12:00am
BP plans to offload chemicals units, profits rise

BP plans to offload chemicals units, profits rise

Giant British oil firm BP reported an increase in profit towards the top end of expectations on Tuesday and said it would sell or float half of its chemicals business to focus on more profitable activities.
Published 28 Apr, 2004 12:00am
KSE: erratic movement scares away investors

KSE: erratic movement scares away investors

Erratic movement in share prices at the Karachi Stock Exchange on Tuesday scared away seasoned investors as the index moved like pendulum where minus signs dominated the proceedings.
Published 28 Apr, 2004 12:00am
KSE: erratic movement scares away investors

KSE: erratic movement scares away investors

Erratic movement in share prices at the Karachi Stock Exchange on Tuesday scared away seasoned investors as the index moved like pendulum where minus signs dominated the proceedings.
Published 28 Apr, 2004 12:00am
Trichet rebuffs interest rate calls

Trichet rebuffs interest rate calls

European Central Bank President Jean-Claude Trichet rebuffed pressure to cut interest rates, expressing confidence on Tuesday that the eurozone is on track for a gradual and modest recovery with inflation in check.
Published 28 Apr, 2004 12:00am
IBM raises dividend

IBM raises dividend

International Business Machines Corp said on Tuesday its board raised the quarterly dividend by about 12.5 percent to 18 cents per share.
Published 28 Apr, 2004 12:00am
IBM raises dividend

IBM raises dividend

International Business Machines Corp said on Tuesday its board raised the quarterly dividend by about 12.5 percent to 18 cents per share.
Published 28 Apr, 2004 12:00am
High costs to impact US energy use, says Greenspan

High costs to impact US energy use, says Greenspan

Federal Reserve Chairman Alan Greenspan said on Tuesday the likelihood of persistently high energy prices would likely help keep US energy use in check and influence energy-related business investments.
Published 28 Apr, 2004 12:00am
Lockheed profit up; raises 2004 outlook

Lockheed profit up; raises 2004 outlook

No 1 US defence contractor Lockheed Martin Corp on Tuesday posted a 16-percent rise in first-quarter profit and raised its 2004 outlook on soaring demand for its combat aircraft and government information technology services.
Published 28 Apr, 2004 12:00am
PSO declares 30 percent dividend for third quarter

PSO declares 30 percent dividend for third quarter

Pakistan State Oil Ltd declared a second interim dividend of 30 percent, totalling to 100 percent in the nine months ended on March 31, despite decline in furnace oil sales as some of the consumers used gas and coal because of rise in oil prices.
Published 28 Apr, 2004 12:00am
Lockheed profit up; raises 2004 outlook

Lockheed profit up; raises 2004 outlook

No 1 US defence contractor Lockheed Martin Corp on Tuesday posted a 16-percent rise in first-quarter profit and raised its 2004 outlook on soaring demand for its combat aircraft and government information technology services.
Published 28 Apr, 2004 12:00am
PSO declares 30 percent dividend for third quarter

PSO declares 30 percent dividend for third quarter

Pakistan State Oil Ltd declared a second interim dividend of 30 percent, totalling to 100 percent in the nine months ended on March 31, despite decline in furnace oil sales as some of the consumers used gas and coal because of rise in oil prices.
Published 28 Apr, 2004 12:00am
WTO cotton move sends shock wave through farm talks

WTO cotton move sends shock wave through farm talks

Brazil's emphatic win over the United States in a key trade ruling over cotton will send shock waves through world trade talks and embolden those demanding all farm subsidies be slashed, analysts said on Tuesday.
Published 28 Apr, 2004 12:00am
PSO declares 30 percent dividend for third quarter

PSO declares 30 percent dividend for third quarter

Pakistan State Oil Ltd declared a second interim dividend of 30 percent, totalling to 100 percent in the nine months ended on March 31, despite decline in furnace oil sales as some of the consumers used gas and coal because of rise in oil prices.
Published 28 Apr, 2004 12:00am
Credit Suisse 2003 profit down

Credit Suisse 2003 profit down

Credit Suisse unveiled a huge but largely expected drop in 2003 profits on Tuesday as it restated past earnings in a switch from Swiss to US accounting rules which will make it more comparable with key rivals.
Published 28 Apr, 2004 12:00am
Bank holiday

Bank holiday

The State Bank of Pakistan (SBP) and all offices of SBP Banking Services Corporation, including Public Debt Offices will remain closed on Saturday, May 1, 2004, being public holiday declared by the government on account of Labour Day.
Published 28 Apr, 2004 12:00am
Credit Suisse 2003 profit down

Credit Suisse 2003 profit down

Credit Suisse unveiled a huge but largely expected drop in 2003 profits on Tuesday as it restated past earnings in a switch from Swiss to US accounting rules which will make it more comparable with key rivals.
Published 28 Apr, 2004 12:00am
Bank holiday

Bank holiday

The State Bank of Pakistan (SBP) and all offices of SBP Banking Services Corporation, including Public Debt Offices will remain closed on Saturday, May 1, 2004, being public holiday declared by the government on account of Labour Day.
Published 28 Apr, 2004 12:00am
EU and Russia clear last hurdles to trade deal

EU and Russia clear last hurdles to trade deal

Russia agreed on Tuesday that its co-operation deal with European Union states would cover the bloc's 10 new members too, averting a potential crisis just four days before the EU's historic eastward expansion.
Published 28 Apr, 2004 12:00am
Poland moves to tightening bias as economy burgeons

Poland moves to tightening bias as economy burgeons

Poland held interest rates steady on Tuesday but adopted a "tightening" policy bias in a signal the European Union newcomer's central bank was ready to hike rates in response to burgeoning economic growth.
Published 28 Apr, 2004 12:00am
End-of-year lift raises hopes on French economy

End-of-year lift raises hopes on French economy

French growth was brisker than initially believed in the last few months of 2003, with consumer spending and company investment bolstering hopes for a sustained acceleration in the second biggest eurozone economy.
Published 28 Apr, 2004 12:00am
Roadmap for Israeli-Palestinian peace dead: Sharon

Roadmap for Israeli-Palestinian peace dead: Sharon

Israeli Prime Minister Ariel Sharon said on Tuesday that the internationally backed "roadmap" peace blueprint that sought to create an independent Palestinian state by 2005 was dead.
Published 28 Apr, 2004 12:00am
German growth too slow for budget goal: institutes

German growth too slow for budget goal: institutes

Germany's six leading economic institutes on Tuesday lowered their forecasts for growth this year and predicted the economy would expand too slowly to stop Berlin busting European Union budget rules again next year.
Published 28 Apr, 2004 12:00am
Monopoly trade practices law being revamped

Monopoly trade practices law being revamped

The Monopoly Control Authority (MCA) has begun the process of reviewing the Monopolies and Restrictive Trade Practices (Control and Preventive) Ordinance (MRTPO), 1970 and revamping of the institutional framework.
Published 28 Apr, 2004 12:00am
Italian judge orders trials for Capitalia executives

Italian judge orders trials for Capitalia executives

An Italian judge has ordered that dozens of executives including managers from bank Capitalia go on trial on charges they had a role in the collapse of a real estate and hotel group, Capitalia said on Tuesday.
Published 28 Apr, 2004 12:00am
Monopoly trade practices law being revamped

Monopoly trade practices law being revamped

The Monopoly Control Authority (MCA) has begun the process of reviewing the Monopolies and Restrictive Trade Practices (Control and Preventive) Ordinance (MRTPO), 1970 and revamping of the institutional framework.
Published 28 Apr, 2004 12:00am
DuPont profit jumps, all business lines strong

DuPont profit jumps, all business lines strong

DuPont Co's quarterly profit rose 25 percent on higher sales of chemicals used in wiring and computer components, the No 2 US chemicals maker said on Tuesday.
Published 28 Apr, 2004 12:00am
Banks and DFIs told not to bargain in cases pending with NAB

Banks and DFIs told not to bargain in cases pending with NAB

The State Bank of Pakistan has advised banks and development finance institutions (DFIs) not to enter into agreements with the wilful defaulters whose cases are pending with the National Accountability Bureau (NAB).
Published 28 Apr, 2004 12:00am
DuPont profit jumps, all business lines strong

DuPont profit jumps, all business lines strong

DuPont Co's quarterly profit rose 25 percent on higher sales of chemicals used in wiring and computer components, the No 2 US chemicals maker said on Tuesday.
Published 28 Apr, 2004 12:00am
Banks and DFIs told not to bargain in cases pending with NAB

Banks and DFIs told not to bargain in cases pending with NAB

The State Bank of Pakistan has advised banks and development finance institutions (DFIs) not to enter into agreements with the wilful defaulters whose cases are pending with the National Accountability Bureau (NAB).
Published 28 Apr, 2004 12:00am
US warns J&J on claims about anti-psychotic drug

US warns J&J on claims about anti-psychotic drug

US regulators have warned Johnson & Johnson unit Janssen Pharmaceutica that a letter sent to doctors about its Risperdal drug to treat schizophrenia and bipolar mania is misleading.
Published 28 Apr, 2004 12:00am
US Airways posts loss, says changes needed

US Airways posts loss, says changes needed

US Airways Group Inc, a year after exiting bankruptcy protection, on Tuesday reported a quarterly loss and said its results underscore the need for further changes in its business.
Published 28 Apr, 2004 12:00am
US Airways posts loss, says changes needed

US Airways posts loss, says changes needed

US Airways Group Inc, a year after exiting bankruptcy protection, on Tuesday reported a quarterly loss and said its results underscore the need for further changes in its business.
Published 28 Apr, 2004 12:00am
Dutch bank ABN seen reporting 15 percent rise in earnings

Dutch bank ABN seen reporting 15 percent rise in earnings

The Netherlands' biggest bank, ABN Amro, is seen reporting a 15 percent leap in quarterly earnings, buoyed by a fall in risk provisions and a profit from its once loss-making wholesale business.
Published 28 Apr, 2004 12:00am
Dutch bank ABN seen reporting 15 percent rise in earnings

Dutch bank ABN seen reporting 15 percent rise in earnings

The Netherlands' biggest bank, ABN Amro, is seen reporting a 15 percent leap in quarterly earnings, buoyed by a fall in risk provisions and a profit from its once loss-making wholesale business.
Published 28 Apr, 2004 12:00am
ImClone posts profit, Erbitux sales top views

ImClone posts profit, Erbitux sales top views

ImClone Systems Inc on Tuesday posted its first quarterly profit in nearly 10 years, and said initial sales of its much anticipated cancer drug Erbitux were higher than expected.
Published 28 Apr, 2004 12:00am
ImClone posts profit, Erbitux sales top views

ImClone posts profit, Erbitux sales top views

ImClone Systems Inc on Tuesday posted its first quarterly profit in nearly 10 years, and said initial sales of its much anticipated cancer drug Erbitux were higher than expected.
Published 28 Apr, 2004 12:00am
RJ Reynolds profit soars

RJ Reynolds profit soars

Cigarette company R.J. Reynolds Tobacco Holdings Inc on Tuesday posted a 72 percent jump in first-quarter profit and raised its full-year earnings forecast as recent restructuring efforts paid off.
Published 28 Apr, 2004 12:00am
RJ Reynolds profit soars

RJ Reynolds profit soars

Cigarette company R.J. Reynolds Tobacco Holdings Inc on Tuesday posted a 72 percent jump in first-quarter profit and raised its full-year earnings forecast as recent restructuring efforts paid off.
Published 28 Apr, 2004 12:00am
Britain seen taking charge in Iraq's Shia heartland

Britain seen taking charge in Iraq's Shia heartland

British military planners may be coming to the conclusion that the only way out of Iraq is to plunge in deeper, in the hope of averting disaster brought on by what they see as dangerous American missteps.
Published 28 Apr, 2004 12:00am
Juror in WTC deliberations wants out: judge

Juror in WTC deliberations wants out: judge

The judge in the multibillion-dollar World Trade Center insurance trial on Monday said one juror "wanted out" of deliberations and asked the parties if they would accept a less-than-unanimous verdict.
Published 28 Apr, 2004 12:00am
Ivory Coast cocoa prices mixed

Ivory Coast cocoa prices mixed

Average prices paid to farmers for cocoa beans in Ivory Coast were mixed during the period April 19 to 25, official data from the Coffee and Cocoa Bourse (BCC) showed on Tuesday.
Published 28 Apr, 2004 12:00am
Singapore bunker prices steady

Singapore bunker prices steady

Singapore bunker or ship fuel prices were steady to stronger on Tuesday as higher crude oil shielded the market against thin demand.
Published 28 Apr, 2004 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 72,025 tonnes of cargo including 55,118 tonnes import and 16,907 tonnes export cargo during last 24 hours ending at 0700 hours on Tuesday.
Published 28 Apr, 2004 12:00am
Vietnam coffee trade at standstill

Vietnam coffee trade at standstill

Coffee trade in Vietnam, the world's largest robusta producer and exporter, came to a standstill as farmers and businesses held back on stocks to boost prices, traders said on Tuesday.
Published 28 Apr, 2004 12:00am
CBOT wheat falls on rains in Plains, Egypt snub

CBOT wheat falls on rains in Plains, Egypt snub

Soft red winter wheat futures at the Chicago Board of Trade closed firm on Monday on a bout of late short-covering amid signals the market was oversold and due for a bounce, traders said.
Published 28 Apr, 2004 12:00am
Algeria imports 1.2 million tonnes wheat

Algeria imports 1.2 million tonnes wheat

Algeria, one of the world's leading grains importers, purchased 1.2 million tonnes of wheat in the first quarter of 2004, a trade ministry official said on Tuesday.
Published 28 Apr, 2004 12:00am
Bangladesh teas fetch good prices

Bangladesh teas fetch good prices

Bangladeshi teas fetched good prices amid fair demand at the maiden weekly auction of the season (April-March) on Tuesday, brokers said.
Published 28 Apr, 2004 12:00am
Pakistani rice prices slip further to boost exports

Pakistani rice prices slip further to boost exports

Pakistani rice prices slipped over the past week and dealers said on Tuesday they would slide more in days ahead as exporters were finding it hard to get orders at the current levels.
Published 28 Apr, 2004 12:00am
Indian sugar imports unlikely on high stocks

Indian sugar imports unlikely on high stocks

India, the world's second largest sugar producer, is unlikely to import sugar in the near future despite expectations of a lower cane crop because of good stocks and high import tariffs, traders said on Tuesday.
Published 28 Apr, 2004 12:00am
FOB Gulf corn firm, soyabean steady

FOB Gulf corn firm, soyabean steady

US FOB Gulf corn basis offers were firm on Monday amid steady export demand, while soyabeans were steady but lacked fresh interest, dealers said.
Published 28 Apr, 2004 12:00am
Drought keeps Thai grain prices high, supplies tight

Drought keeps Thai grain prices high, supplies tight

Hot, dry conditions that are delaying the planting of Thai summer corn are seen keeping prices firm as nervous feed millers stock up on the grain and keep supply tight, traders said on Tuesday.
Published 28 Apr, 2004 12:00am
Oil cake market rates

Oil cake market rates

The May vaida opened down at Rs 465, and highest was also at the same amount. Later trading lost pace and it lost 20 paisa to turn lowest at Rs 464.80 and closing was also seen at the same amount.
Published 28 Apr, 2004 12:00am
Cotton cakes higher on grain market

Cotton cakes higher on grain market

Cotton cakes, castorseeds, barley and gram varieties underwent changes on the seed and grain wholesale markets on Tuesday.
Published 28 Apr, 2004 12:00am
Shanghai copper rebounds

Shanghai copper rebounds

Shanghai copper ended a five-day losing streak to rebound on Tuesday, supported by bargain-hunting and a rise on the LME, but the upturn is not significant and further falls are expected, traders said.
Published 28 Apr, 2004 12:00am
Tokyo precious metals up

Tokyo precious metals up

Tokyo precious metals futures rose across the board on Tuesday, with platinum breaking a five-day bear run as it rode the coattails of a brisk recovery in spot prices.
Published 28 Apr, 2004 12:00am
Comex copper settles mixed, rollover in focus

Comex copper settles mixed, rollover in focus

Comex copper futures ended mixed on Monday as traders concentrated on rolling positions into the next-active July contract from nearby May before first notice day on April 30, dealers said.
Published 28 Apr, 2004 12:00am