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Print - 2006-10-04
KKI closing rates of currency notes

KKI closing rates of currency notes

Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Tuesday (October 03, 2006).

Published 04 Oct, 2006 12:00am
Hong Kong shares make gains

Hong Kong shares make gains

Hong Kong stocks ended up 0.36 percent on Tuesday, as investors bid up China Construction Bank and other mainland lenders ahead of a roughly US $20 billion initial public offering by Industrial and Commercial Bank of China later this month.
Published 04 Oct, 2006 12:00am
Cuba money manager keeps low profile in Miami

Cuba money manager keeps low profile in Miami

There is no sign and not even a visible street address outside the Miami office of money manager Thomas Herzfeld. "I'd appreciate it if you don't mention where we are," Herzfeld, 61, told Reuters during a break from trading one recent afternoon.
Published 04 Oct, 2006 12:00am
Plight of UBL pensioners

Plight of UBL pensioners

It is in continuation of letters dated 07.8.06 and 12.08.06 of Amjad Aziz Khan and Khawaja Muhammad Amin respectively on the plight of UBL pensioners, published in your esteemed newspaper.
Published 04 Oct, 2006 12:00am
PTCL's discrimination

PTCL's discrimination

A PTCL advertisement published in various newspapers, informs its subscribers about the special call rates being offered during the Holy month of Ramazan. Some calling card companies are also offering very cheap rates for making international phone calls.
Published 04 Oct, 2006 12:00am
Price hike during Ramazan

Price hike during Ramazan

Sorry to say that we are all Muslims in Pakistan. Especially in the holy month of Ramazan prices of fruits, vegetable, kitchen essentials, including meat [chicken and goat] always rise.
Published 04 Oct, 2006 12:00am
IGP orders effective security steps

IGP orders effective security steps

The Inspector General Police, Sindh, Jehangir Mirza has issued a set of directives for effective security measures during Ramazan at shopping centres.
Published 04 Oct, 2006 12:00am
Over Rs 3.5 billion AJK Council budget presented

Over Rs 3.5 billion AJK Council budget presented

Over Rs 3.5 billion budget for Azad Jammu and Kashmir Council for the financial year 2006-07 was presented on Tuesday. Kashmir and Northern Areas Minister Tahir Iqbal, who also in-charge of AJK Council Secretariat, presented the budget at the first sessio
Published 04 Oct, 2006 12:00am
Over Rs 3.5 billion AJK Council budget presented

Over Rs 3.5 billion AJK Council budget presented

Over Rs 3.5 billion budget for Azad Jammu and Kashmir Council for the financial year 2006-07 was presented on Tuesday. Kashmir and Northern Areas Minister Tahir Iqbal, who also in-charge of AJK Council Secretariat, presented the budget at the first sessio
Published 04 Oct, 2006 12:00am
US MIDDAY: New York precious metals fall

US MIDDAY: New York precious metals fall

Gold futures slid in New York on Tuesday as issues ranging from falling crude oil prices to post-holiday liquidation conspired to push precious metals below key technical levels, sparking automatic sell orders, market experts said.
Published 04 Oct, 2006 12:00am
US MIDDAY: copper ends at 10-week low

US MIDDAY: copper ends at 10-week low

Copper futures in New York settled at a 10-week low on Tuesday, pressured by heavy losses in the oil and precious metals markets, sources said. "It seemed to be triggered by the further down-move in the energy markets, which appear to be building bearish
Published 04 Oct, 2006 12:00am
US MIDDAY: soybeans weak

US MIDDAY: soybeans weak

Soybean futures at the Chicago Board of Trade were lower at Tuesday's midsession on follow-through weakness as harvest gained momentum in the heart of the US Midwest, traders said. The drop in the CBOT grains markets was also bearish.
Published 04 Oct, 2006 12:00am
US MIDDAY: corn slides

US MIDDAY: corn slides

Corn futures at the Chicago Board of Trade slipped Tuesday on a technical setback after climbing to a two-year high on Monday, traders said. The advancing harvest of what could be the second largest corn crop in US history added to the bearish tone.
Published 04 Oct, 2006 12:00am
US MIDDAY: wheat down

US MIDDAY: wheat down

Wheat futures at the Chicago Board of Trade were sharply lower at midsession on Tuesday in a technical setback after rising to 10-year highs on Wednesday, traders said.
Published 04 Oct, 2006 12:00am
US MIDDAY: sugar down

US MIDDAY: sugar down

Raw sugar prices finished sharply lower Tuesday as investment fund liquidation and record deliveries in the expired October raw sugar contract battered sentiment, brokers said.
Published 04 Oct, 2006 12:00am
US MIDDAY: cocoa settles down

US MIDDAY: cocoa settles down

US cocoa futures settled down nearly 1 percent Tuesday amid general weakness in commodity prices and soft technicals, which could pave the way for further declines, sources said.
Published 04 Oct, 2006 12:00am
US MIDDAY: coffee futures called flat

US MIDDAY: coffee futures called flat

Arabica coffee futures were called to open unchanged to down 0.50 cent Tuesday with players expected to continue to exit positions after Monday's sharp sell-off, exchange floor sources said.
Published 04 Oct, 2006 12:00am
Gold falls nearly 3 percent, weak oil triggers selling

Gold falls nearly 3 percent, weak oil triggers selling

Gold slipped nearly three percent on Tuesday as a drop in crude oil on healthy fuel inventories in the United States reduced the metal's appeal as a hedge against inflation, dealers said.
Published 04 Oct, 2006 12:00am
US manufacturing data weighs on copper

US manufacturing data weighs on copper

Copper prices stumbled on Tuesday as concerns emerged about falling demand after news of weak US manufacturing data, but analysts said the possibility of strikes amid tight supplies would support prices.
Published 04 Oct, 2006 12:00am
London sugar ends down

London sugar ends down

London white sugar futures closed lower on speculative selling on Tuesday, weighed by a large delivery against expiry of the New York October raw sugar futures contract and weak physical offtake, dealers said.
Published 04 Oct, 2006 12:00am
New York cotton closes softer

New York cotton closes softer

Cotton futures ended Tuesday near fresh lifetime lows due to speculative sales and the downward glide of the market seems to show no signs of abating in the days ahead, brokers said. The New York Board of Trade's December cotton contract fell 0.35 cent to
Published 04 Oct, 2006 12:00am
Kazakhstan to join Russian uranium project

Kazakhstan to join Russian uranium project

Kazakhstan will join a project to build an international uranium enrichment center in Russia, Russian President Vladimir Putin announced Tuesday.
Published 04 Oct, 2006 12:00am
Oil dives below $59

Oil dives below $59

Oil tumbled more than $2 on Tuesday to below $59 a barrel, sinking to the lowest level since February and prompting Opec 's president to call on the exporter group to deepen supply cuts.
Published 04 Oct, 2006 12:00am
Investments falling in Russia: EBRD

Investments falling in Russia: EBRD

The European Bank for Reconstruction and Development on Tuesday said investments in Russia should not be reduced owing to concerns over the Sakhalin energy project.
Published 04 Oct, 2006 12:00am
Montana announces coal-to-liquids plant

Montana announces coal-to-liquids plant

Montana Governor Brian Schweitzer and a consortium of energy and technology companies on Monday announced the state will be home to one of the nation's first coal-to-liquids energy plants.
Published 04 Oct, 2006 12:00am
FTSE down on weaker commodity prices

FTSE down on weaker commodity prices

The FTSE 100 index fell on Tuesday, weighed by sliding crude prices and ahead of an expected weak start on Wall Street. BP dropped 2.2 percent as oil fell towards $60 a barrel on expectations of further increases in US inventories and before a company tra
Published 04 Oct, 2006 12:00am
US Stocks: Tuesday's unofficial close

US Stocks: Tuesday's unofficial close

The Dow Jones industrial average set an all-time high on Tuesday, surpassing the previous record made in 2000, as investors bet that sliding crude oil prices will underpin corporate profits even as economic growth slows.
Published 04 Oct, 2006 12:00am
NXP prepares landmark high-yield bond issue

NXP prepares landmark high-yield bond issue

NXP Semiconductors unveiled first price guidance on what will be the largest-ever high-yield bond sale from a European issuer on Tuesday, while a German holiday slowed trading in the wider corporate bond market.
Published 04 Oct, 2006 12:00am
NXP prepares landmark high-yield bond issue

NXP prepares landmark high-yield bond issue

NXP Semiconductors unveiled first price guidance on what will be the largest-ever high-yield bond sale from a European issuer on Tuesday, while a German holiday slowed trading in the wider corporate bond market.
Published 04 Oct, 2006 12:00am
Intervention talk shake yen

Intervention talk shake yen

The yen slipped on Tuesday when North Korea said it would conduct a nuclear test, after earlier strengthening on market speculation policymakers were concerned about the euro's lofty levels against the Japanese unit.
Published 04 Oct, 2006 12:00am
Indian rupee at four-month high

Indian rupee at four-month high

The Indian rupee ended at its strongest level since May 24 as a weak dollar prompted exporters and custodial banks to sell the US unit and dealers said talk of a possible cut in US rates may push the rupee further up.
Published 04 Oct, 2006 12:00am
Sterling edges higher

Sterling edges higher

Sterling ticked higher against the dollar and euro on Tuesday, driven by its strength versus a broadly weaker yen and underpinned by expectations the Bank of England would raise interest rates in November.
Published 04 Oct, 2006 12:00am
North Korea plans nuclear test, US calls it threat

North Korea plans nuclear test, US calls it threat

North Korea said on Tuesday it would conduct its first nuclear test, and Washington warned it would respond to such an "unacceptable threat" to world peace. A statement by the Foreign Ministry of the isolated communist state blamed a US "threat of nuclear
Published 04 Oct, 2006 12:00am
Japan backs South Korea's Ban as UN chief

Japan backs South Korea's Ban as UN chief

Japan on Tuesday threw its support behind South Korean Foreign Minister Ban Ki-Moon to be the next chief of the United Nations, after previous hesitation due to strained ties between the neighbours.
Published 04 Oct, 2006 12:00am
Nato sets Afghan expansion date: two US troops killed

Nato sets Afghan expansion date: two US troops killed

Nato said it would complete its expansion across Afghanistan on Thursday and take command of thousands of US troops in the east of the country, even as two American soldiers died in the troubled region.
Published 04 Oct, 2006 12:00am
US duo win physics Nobel for backing up Big Bang

US duo win physics Nobel for backing up Big Bang

Americans John Mather and George Smoot won the 2006 Nobel prize for physics on Tuesday for work on cosmic radiation which helped pinpoint the age of the universe and supported the Big Bang theory of its birth.
Published 04 Oct, 2006 12:00am
US and Britain warn of sanctions in Iran nuclear case

US and Britain warn of sanctions in Iran nuclear case

The United States and Britain said on Tuesday Iran could soon face sanctions because it showed no sign of halting sensitive nuclear work, while the EU said the latest talks had been helpful but had brought no breakthrough.
Published 04 Oct, 2006 12:00am
Religious leaders urge global arms trade treaty

Religious leaders urge global arms trade treaty

A group of religious leaders including Nobel winner Desmond Tutu and the Dalai Lama called Tuesday for urgent agreement on a global arms trade treaty, saying it could save hundreds of thousands of lives.
Published 04 Oct, 2006 12:00am
Iraqis welcome peace plan but look for detail

Iraqis welcome peace plan but look for detail

Iraq's parliament on Tuesday welcomed an agreement designed to staunch sectarian bloodshed in Baghdad, but there was no sign of further talks to add substance to the prime minister's sketchy four-point plan.
Published 04 Oct, 2006 12:00am
Indian writers bask in top book fair's spotlight

Indian writers bask in top book fair's spotlight

Authors from India, the guest country at the 58th Frankfurt Book Fair, on Tuesday hailed the chance to show off an intriguing nation on the move at the publishing world's biggest annual event.
Published 04 Oct, 2006 12:00am
Rice calls on Palestinians to stop fighting

Rice calls on Palestinians to stop fighting

US Secretary of State Condoleezza Rice on Tuesday called on Palestinians to stop internal fighting that has killed 12 people in the last two days, complicating Israeli-Palestinian peace efforts.
Published 04 Oct, 2006 12:00am
Israel violated rights in Lebanon: UN experts

Israel violated rights in Lebanon: UN experts

Israel committed serious violations of human rights during its offensive in Lebanon, but Hezbollah must also be called to account for its actions, which could constitute war crimes, four United Nations experts said on Tuesday.
Published 04 Oct, 2006 12:00am
India convicts 26th person over 1993 Mumbai bombings

India convicts 26th person over 1993 Mumbai bombings

An Indian court on Tuesday convicted a man of conspiracy over a series of 1993 bomb attacks in Mumbai which killed 257 people. Judge P.D Kode found Niyaz Ahmed Shaikh guilty of attending conspiracy meetings, going to Pakistan for arms training and surveyi
Published 04 Oct, 2006 12:00am
Katie Melua sets underwater concert record

Katie Melua sets underwater concert record

Singer Katie Melua has set the world record for the deepest underwater concert, held 303 meters (994 feet) under the sea inside the hollow leg of an offshore North Sea rig, the artist and oil group Statoil said on Tuesday.
Published 04 Oct, 2006 12:00am
Sri Lanka rebels agree to talks in Oslo

Sri Lanka rebels agree to talks in Oslo

Sri Lanka's Tamil Tigers told Norway's special peace envoy on Tuesday they are prepared to meet the government for crunch peace talks in Oslo in late October, a source close to the negotiations told Reuters, in a move welcomed as "positive" by the governm
Published 04 Oct, 2006 12:00am
Conservative US paper calls on House Speaker to resign

Conservative US paper calls on House Speaker to resign

The Washington Times, a conservative newspaper that generally supports Republicans, called on Tuesday for the resignation of House Speaker Dennis Hastert over his handling of a congressional sex scandal.
Published 04 Oct, 2006 12:00am
EU court throws out gender pay challenge

EU court throws out gender pay challenge

Companies may pay women less than their male colleagues if their length of service is shorter because of taking time off to look after children, the EU's top court ruled on Tuesday in a blow for equal pay campaigners.
Published 04 Oct, 2006 12:00am
11-millennium old building found in Syria

11-millennium old building found in Syria

Archaeologists said Tuesday they have discovered an 11-millennium-old building with on the banks of the Euphrates River in northern Syria. "A remarkable discovery has just been uncovered of a large circular building dating back to 8,800 BC near (the local
Published 04 Oct, 2006 12:00am
UN rights expert presses governments over 'war on terror'

UN rights expert presses governments over 'war on terror'

A United Nations human rights expert on Tuesday pressed a host of governments, including the United States, to extend formal invitations to allow him to assess their record in the "war on terror."
Published 04 Oct, 2006 12:00am
'Millions of Africans at risk due to misspent aid'

'Millions of Africans at risk due to misspent aid'

A leading aid group warned Tuesday that millions of Africans are at risk of starving due to misspent emergency assistance by Western governments. CARE International UK called for a "drastic overhaul" of the international community's funding of emergencies
Published 04 Oct, 2006 12:00am
Pakistan get permission to call up Faisal for Inzamam

Pakistan get permission to call up Faisal for Inzamam

Batsman Faisal Iqbal will replace banned skipper Inzamam-ul-Haq in Pakistan's Champions Trophy squad after the country received clearance from the International Cricket Council (ICC).
Published 04 Oct, 2006 12:00am
England shock Germany at field hockey World Cup

England shock Germany at field hockey World Cup

A second half goal from Helen Richardson sealed a solid victory for England over Olympic Champions Germany at the Women's World Cup field hockey tournament here on Tuesday.
Published 04 Oct, 2006 12:00am
Let me catch ball tamperers: Sarfraz

Let me catch ball tamperers: Sarfraz

Former Pakistan fast bowler Sarfraz Nawaz said on Tuesday he was able to detect ball-tampering from 1,000 yards away and offered cricket chiefs his services to stop the practice.
Published 04 Oct, 2006 12:00am
Henman credits Murray after easy Tokyo win

Henman credits Murray after easy Tokyo win

Tim Henman thrashed Canada's Frank Dancevic 6-2 6-1 at the Japan Open on Tuesday in his first match in Tokyo for eight years - and then thanked Andy Murray.
Published 04 Oct, 2006 12:00am
England expect Flintoff heroics

England expect Flintoff heroics

Andrew Flintoff is expected to bat, bowl, field, lead and win matches for England whose key players have been in and out of hospital doors since winning the Ashes last year. No all-rounder in the Champions Trophy carries the same burden as Flintoff, a maj
Published 04 Oct, 2006 12:00am
Hong Kong dollar softens

Hong Kong dollar softens

The Hong Kong dollar weakened on Tuesday, undermined by corporate demand for the US currency and some arbitrage trade. The domestic currency fell as low as 7.7932 to the US dollar, its weakest point since May 20, 2005, before pulling back to 7.7920/21. On
Published 04 Oct, 2006 12:00am
Asian currencies rally

Asian currencies rally

Asian currencies rose on Tuesday as the dollar took a beating after data showing US manufacturing growth slowed to its weakest in 16 months stoked speculation that the next US interest rate move could be a cut.
Published 04 Oct, 2006 12:00am
Australian dollar declines

Australian dollar declines

The Australian dollar snapped a four-session decline to nudge higher against the US dollar on Tuesday, brushing off data that suggested Australia's central bank might not need to raise interest rates again this year.
Published 04 Oct, 2006 12:00am
Bangladesh interbank forex, interest rates

Bangladesh interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Tuesday. 67.00/67.75 (previous 67.00/67.70). Call Money Rates: 6.40-10.00 percent (previous 6.40-10.00 percent).
Published 04 Oct, 2006 12:00am
Dollar deepens decline

Dollar deepens decline

The dollar slipped on Monday, snapping a six-session streak of gains, after a report showing weaker-than-expected US factory activity in September stoked fears of an interest-rate cut and exacerbated a technical move lower.
Published 04 Oct, 2006 12:00am
Dollar wounded after US factory data

Dollar wounded after US factory data

The dollar stayed under pressure on Tuesday after data showed US manufacturing growth slowed to its weakest in 16 months, bolstering expectations that a slowing economy could prompt the Federal Reserve to cut interest rates.
Published 04 Oct, 2006 12:00am
Swiss franc ticks down

Swiss franc ticks down

The Swiss franc edged down against the euro on Tuesday after a surprise fall in Swiss consumer price bolstered the view that the Swiss National Bank had no need to speed up its campaign of gradual rate hikes. The franc was down 0.13 percent against the eu
Published 04 Oct, 2006 12:00am
Malaysian shares decline

Malaysian shares decline

Malaysian share prices closed 0.21 percent lower on Tuesday on profit-taking in the blue chips as the market continued in a narrow range, dealers said. The Kuala Lumpur Composite Index lost 2.11 points to 967.56 on volume of 407.59 million shares worth 70
Published 04 Oct, 2006 12:00am
Tokyo shares snap four-day winning streak

Tokyo shares snap four-day winning streak

The Nikkei average ended flat on Tuesday, snapping a four-session winning streak after Goldman Sachs cut ratings on tech heavyweights including Sony Corp and Pioneer Corp Buoying the market was Nomura Real Estate Holdings Inc, Japan's fifth-largest proper
Published 04 Oct, 2006 12:00am
Thai shares plunge

Thai shares plunge

Thai share prices closed 0.29 percent lower on Tuesday, slipping back in late trade after North Korea announced it would conduct a nuclear test, dealers said. They said the North Korean news came very late in the day but was cause for concern given the po
Published 04 Oct, 2006 12:00am
Singapore shares drop

Singapore shares drop

Singapore share prices closed 0.26 percent lower on Tuesday as investors took profits, dealers said. They said that while losses on Wall Street weighed on the main index, investors remained optimistic overall about broad market fundamentals given falling
Published 04 Oct, 2006 12:00am
Jakarta stocks jump

Jakarta stocks jump

Indonesian share prices closed 0.58 percent higher on Tuesday as investors bought property and bank stocks on expectations of an interest rate cut by the central bank, dealers said. The Jakarta Stock Exchange composite index rose 8.803 points at 1,537.710
Published 04 Oct, 2006 12:00am
US Treasuries rise

US Treasuries rise

US Treasury debt prices rose on Monday as softness in the manufacturing sector suggested businesses were being hurt by the housing slowdown. September figures from the Institute for Supply Management appeared to vindicate the Federal Reserve's decision to
Published 04 Oct, 2006 12:00am
US Treasuries rise

US Treasuries rise

US Treasury debt prices rose on Monday as softness in the manufacturing sector suggested businesses were being hurt by the housing slowdown. September figures from the Institute for Supply Management appeared to vindicate the Federal Reserve's decision to
Published 04 Oct, 2006 12:00am
JGBs extend gains after strong auction results

JGBs extend gains after strong auction results

Japanese government bonds extended their gains on Tuesday following a 10-year bond auction that produced the strongest results in nine months. The offer was the first major JGB sale in the fiscal second half that began on October 1 and came after several
Published 04 Oct, 2006 12:00am
JGBs extend gains after strong auction results

JGBs extend gains after strong auction results

Japanese government bonds extended their gains on Tuesday following a 10-year bond auction that produced the strongest results in nine months. The offer was the first major JGB sale in the fiscal second half that began on October 1 and came after several
Published 04 Oct, 2006 12:00am
US stocks dip on tech slide

US stocks dip on tech slide

US stocks started the fourth quarter lower on Monday, with tech shares giving back some recent gains as a brokerage downgrade hit shares of Apple Computer Inc and a legal battle hurt chip maker Qualcomm Inc.
Published 04 Oct, 2006 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 04 Oct, 2006 12:00am
Turkish hijackers surrender to Italian police

Turkish hijackers surrender to Italian police

Two Turks surrendered to Italian police on Tuesday after hijacking a Turkish Airlines plane amid conflicting reports over their motives, a civil aviation official said. "The two men have surrendered to police," the official told AFP.
Published 04 Oct, 2006 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Tuesday (October 03, 2006).

Published 04 Oct, 2006 12:00am
Turkish hijackers surrender to Italian police

Turkish hijackers surrender to Italian police

Two Turks surrendered to Italian police on Tuesday after hijacking a Turkish Airlines plane amid conflicting reports over their motives, a civil aviation official said. "The two men have surrendered to police," the official told AFP.
Published 04 Oct, 2006 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Tuesday (October 03, 2006).

Published 04 Oct, 2006 12:00am
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 (October 03, 2006).

Published 04 Oct, 2006 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 04 Oct, 2006 12:00am
US Midwest corn and soyabean bids mixed

US Midwest corn and soyabean bids mixed

Spot basis bids for corn and soyabeans were mixed around the US Midwest Tuesday as scattered rainfall around the region delayed harvest in some areas, grain dealers said. Cash bids for wheat were mostly steady.
Published 04 Oct, 2006 12:00am
CBOT wheat futures higher

CBOT wheat futures higher

Wheat futures at the Chicago Board of Trade closed higher Monday, after jumping to the highest level in 10 years, amid dwindling global stocks of wheat and persistent dry weather in Australia's wheat areas, traders said.
Published 04 Oct, 2006 12:00am
Bangladesh tea prices rise

Bangladesh tea prices rise

The average price of Bangladesh teas rose 3.78 percent to 103.88 taka ($1.54) per kg, on higher demand at a weekly auction on Tuesday, brokers said.
Published 04 Oct, 2006 12:00am
Jute goods up on Jodia Bazar

Jute goods up on Jodia Bazar

The trading in jute goods moved up on Jodia Bazar here, on Tuesday. The following changes were seen. Jute Goods Twine (Per kg): 20x3 brown moved high by 50 paisa at Rs 38.50, 16x3 CRT/Indus went up by 50 paisa at Rs 38.50 and 40x2 ended upward by Re 1 at
Published 04 Oct, 2006 12:00am
FOB Gulf corn and soya export premiums hold steady

FOB Gulf corn and soya export premiums hold steady

US FOB Gulf corn and soyabean export premiums held steady on Monday with little export activity due to holidays in Asia, traders said. Hard and soft red winter wheat basis offers were unchanged amid fresh rumours on Monday that Iraq may have bought up to
Published 04 Oct, 2006 12:00am
HRW wheat bids steady to weaker

HRW wheat bids steady to weaker

Hard red winter wheat basis bids were steady to weaker Tuesday as increased farmer selling met lackluster demand, grain merchants said. "We took the Gulf basis down to 55 cents over because of the soft market," said one Oklahoma wheat dealer.
Published 04 Oct, 2006 12:00am