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May 14, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2017-07-04
World champion Sagan wins Tour stage despite unclipping

World champion Sagan wins Tour stage despite unclipping

World champion Peter Sagan won his eighth Tour de France stage despite a technical glitch on the uphill finish to the third stage in Longwy on Monday. Sagan's foot came unclipped from his pedal as he started to accelerate at the finish, but he kept his co
Published 04 Jul, 2017 12:00am
ABL ratings maintained 2

ABL ratings maintained 2

Pakistan Credit Rating Agency Limited (PACRA) has maintained Long-Term Ratings of Allied Bank Limited at "AA+" (Double A Plus). The Short-Term Rating of the Bank is already at the highest level of "A1+" (A One Plus).
Published 04 Jul, 2017 12:00am
DIG Prisons suspended over escape of two inmates

DIG Prisons suspended over escape of two inmates

Sindh Chief Minister Syed Murad Ali Shah on Monday ordered suspension of DIG prison saying that the escape of two prisoners from Central Jail Karachi was the most serious incident. He made this decision presiding over a meeting on the security of prisons
Published 04 Jul, 2017 12:00am
PBIF for making Hajj operators free from financial losses

PBIF for making Hajj operators free from financial losses

President Pakistan Businessmen and Intellectuals Forum (PBIF) Mian Zahid Hussain has urged to Federal Minister for Religious Affairs Sardar Muhammad Yousuf for immediate intervention to make Hajj operators free from financial losses and mental illness cau
Published 04 Jul, 2017 12:00am
JIT: Asim Hussain slams PML-N for 'raising hue and cry'

JIT: Asim Hussain slams PML-N for 'raising hue and cry'

The Pakistan Muslim League-Nawaz leaders are staying in palaces while cases against them are under way but still they are raising a hue and cry about it, said Dr Asim Hussain on Monday. While talking to the media at the accountability court, the former ad
Published 04 Jul, 2017 12:00am
Federal government revises basic pay scales, employees' allowances

Federal government revises basic pay scales, employees' allowances

The Federal Government has issued formal notification for revision of Basic Pay Scales and Allowances as announced by the Finance Minister in his budget speech. The revised scales applicable to civil employees of the Federal Government and those paid out
Published 04 Jul, 2017 12:00am
'India cannot resolve Kashmir dispute through state terrorism'

'India cannot resolve Kashmir dispute through state terrorism'

Sardar Masood Khan, President of Azad Jammu and Kashmir (AJK) has while speaking to the newly elected members of the House of Commons said that India cannot resolve the Kashmir dispute by state terrorism practiced by its occupation forces in the territory
Published 04 Jul, 2017 12:00am
Khattak laments false notions against family planning

Khattak laments false notions against family planning

Chief Minister Khyber Pakhtunkhwa, Pervez Khattak has regretted saying that the people were disheartened in the name of family planning in the past, the reason being it was taken against the religious values. He said Islam enjoins upon population and fami
Published 04 Jul, 2017 12:00am
India asks forces to plan major offensive against resistance in IHK

India asks forces to plan major offensive against resistance in IHK

Indian Security forces are planning to take an aggressive stand to crush growing terrorism in the Valley and prevent people from joining LeT or Hizbul Mujahideen mainly active in various districts of held south Kashmir. The Union home ministry is learnt t
Published 04 Jul, 2017 12:00am
Administration decides to close refugees' camps around CPEC

Administration decides to close refugees' camps around CPEC

District administration Mansehra on Monday decided to vacate three Afghan refugees' camps around China Pakistan Economic Corridor (CPEC) in the district. To make the CPEC route safe district Mansehra administration decided to close three Afghan refugees'
Published 04 Jul, 2017 12:00am
45 killed in rain-related incidents across Pakistan

45 killed in rain-related incidents across Pakistan

At least 45 people have been killed in various rain-related incidents across the country, officials said on Monday. According to officials of the disaster management authorities, at least 15 people were killed in district Hub of Balochistan. According to
Published 04 Jul, 2017 12:00am
NA panel rejects Hajj quota to 29 new companies

NA panel rejects Hajj quota to 29 new companies

The National Assembly Standing Committee on Religious Affairs and Interfaith Harmony on Monday rejected the list of 29 private companies to which 2 per cent of the Hajj quota was allotted and urged the ministry to review it. A meeting of the committee was
Published 04 Jul, 2017 12:00am
Complaint filed against ZTBL COO

Complaint filed against ZTBL COO

A complaint has been filed against ex-Chief Operating Officer (COO) Zarai Tarqiati Bank Limited (ZTBL) Sheikh Amanulla with National Accountability Bureau (NAB) in the light of employees' grievances and Director General, Commercial Audit and Evaluation re
Published 04 Jul, 2017 12:00am
Telecasting 'anti-Pakhtuns programme' on PTV condemned

Telecasting 'anti-Pakhtuns programme' on PTV condemned

Artists, poets and members of civil society on Monday staged a protest demonstration here outside press club, to condemn the telecasting of program against Pakhtuns in the state-run television-PTV. The protest was headed by Awami National Party (ANP) Cent
Published 04 Jul, 2017 12:00am
Work on multi-faceted Takht Bai flyover completes

Work on multi-faceted Takht Bai flyover completes

The federal government has completed work on the multi-faceted Takht Bai flyover project at Railways Crossing Nowshera-Chitral Highway (N-45) that would help facilitate over seven million people of seven northern districts of Khyber Pakhtunkhwa. Project D
Published 04 Jul, 2017 12:00am
PTEA for continuation of duty drawback of taxes incentive
Exchange

PTEA for continuation of duty drawback of taxes incentive

Pakistan Textile Exporters Association (PTEA) has stressed for continuation of duty drawback of taxes incentive allowed under Prime Minister's package without any bar of 10% increase in exports. End of incentive would not only increase cost effect of 7% i
Published 04 Jul, 2017 12:00am
All rivers flowing below flood level

All rivers flowing below flood level

The Flood Warning Center said here on Monday that all rivers including Indus, Kabul, Jhelum, Chenab, Ravi and Sutlej are flowing below flood level.
Published 04 Jul, 2017 12:00am
KBP to participate in JI rally

KBP to participate in JI rally

Kissan Board Pakistan (KBP) Central President Ch Nisar Ahmad has announced to participate in the protest rally announced by Jamaat-e-Islami Chief Siraj-ul-Haq against declaration of Syed Salahuddin as terrorist by the US. While talking to a group of Kashm
Published 04 Jul, 2017 12:00am
36 dengue patients reported in Punjab

36 dengue patients reported in Punjab

Punjab Minister for Specialized Healthcare & Medical Education Khawaja Salman Rafiq has directed all the deputy commissioners of dengue sensitive districts to conduct third-party validation of indoor and outdoor dengue surveillance, to ensure adoption of
Published 04 Jul, 2017 12:00am
Ahmedpur tragedy toll rises to 203

Ahmedpur tragedy toll rises to 203

The death tally of the Ahmedpur Sharqia oil tanker tragedy mounted to 203 on Monday. An overturned oil tanker exploded in a huge fireball in Bahawalpur, killing at least 203 people and injuring scores as hoards of people rushed to scavenge for fuel. The h
Published 04 Jul, 2017 12:00am
Shahbaz inaugurates second unit of Sahiwal coal power project

Shahbaz inaugurates second unit of Sahiwal coal power project

Punjab Chief Minister Shahbaz Sharif inaugurated the second unit of Sahiwal Coal Power Project having a capacity of 660 megawatts in Sahiwal on Monday. Speaking on the occasion, Shahbaz said the completion of 1,320MW project in a record time of 24 months
Published 04 Jul, 2017 12:00am
MCCI criticises FBR for missing revenue targets

MCCI criticises FBR for missing revenue targets

Federal Board of Revenue failed to achieve the targets fixed for 2016-17 in spite of employing all tactics and delaying the issuance of refunds describing it concerning and discouraging. President of Multan Chamber of Commerce & Industry (MCCI), Khawaja J
Published 04 Jul, 2017 12:00am
Businessmen's convention on July 6

Businessmen's convention on July 6

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) is going to organize businessmen convention here on July 6 to discuss the business community's concern regarding the federal budget and finance bill. According to FPCCI Regional Chairman
Published 04 Jul, 2017 12:00am
All policies should be focused on country's economic revival: LCCI

All policies should be focused on country's economic revival: LCCI

Lahore Chamber of Commerce and Industry (LCCI) Acting President Muhammad Nasir Hameed Khan has said that all policies should be focused on economic revival of the country to make Pakistan an attractive place for the foreign investors. While talking to a d
Published 04 Jul, 2017 12:00am
JIT investigation: war of words between PML-N and PTI heats up

JIT investigation: war of words between PML-N and PTI heats up

While the Joint Investigation Team (JIT) in Panama papers case is heading towards completion of its investigations, the ruling Pakistan Muslim League-Nawaz (PML-N) is feeling the heat and issuing strong statements against the PTI and its leaderships. PTI
Published 04 Jul, 2017 12:00am
Rs 500 millions modern sports complex to be established in Faisalabad

Rs 500 millions modern sports complex to be established in Faisalabad

The most modern sports complex would be established in the city at a cost of Rs 500 million and departmental arrangements have been started in this regard. Divisional Commissioner Momin Agha and Deputy Commissioner Salman Ghani jointly visited different a
Published 04 Jul, 2017 12:00am
Registrations open for PITB's Grand Herself Women Convention

Registrations open for PITB's Grand Herself Women Convention

Registrations for Punjab Information Technology Board (PITB)'s Grand Herself Women Convention (HWC) is open for all those who intend to participate in this first of its kind event, being held on July 8, 2017 at Arfa Software Technology Park, Lahore. Regis
Published 04 Jul, 2017 12:00am
MapleLeaf Cement Factory Limited (MLCF)
Mutual Funds

MapleLeaf Cement Factory Limited (MLCF)

MapleLeaf Cement was established by the West Pakistan Industrial Development Corporation (WPIDC) with a clinker capacity of 300,000 tons per annum in 1956. In 1867, White Cement Industries Limited (WCIL) was formed with a clinker capacity of 15,000 tons p
Published 04 Jul, 2017 12:00am
MapleLeaf Cement Factory Limited (MLCF)
Mutual Funds

MapleLeaf Cement Factory Limited (MLCF)

MapleLeaf Cement was established by the West Pakistan Industrial Development Corporation (WPIDC) with a clinker capacity of 300,000 tons per annum in 1956. In 1867, White Cement Industries Limited (WCIL) was formed with a clinker capacity of 15,000 tons p
Published 04 Jul, 2017 12:00am
US MIDDAY: gold hits seven-week low

US MIDDAY: gold hits seven-week low

Gold slid to a seven-week low on Monday and headed for its biggest one-day loss since November as the dollar rebounded and 10-year US Treasury yields climbed, weighing on appetite for non-interest bearing bullion. Spot gold was down 1.6 percent at $1,221.
Published 04 Jul, 2017 12:00am
US MIDDAY: wheat, corn and soya climb
Exchange

US MIDDAY: wheat, corn and soya climb

US wheat, soyabean and corn futures rose in an abbreviated session ahead of the July Fourth holiday, buoyed by worries that hot and dry weather in the northern Plains spring wheat belt could spread into the western Midwest, analysts said on Friday. Spring
Published 04 Jul, 2017 12:00am
Russian grain exports to remain steady in 2017-18

Russian grain exports to remain steady in 2017-18

Russia, one of the world's largest wheat exporters, will have broadly the same amount of grain to offer the global market in the 2017/18 marketing year despite a smaller crop thanks to record stocks, SovEcon agriculture consultancy said. Russia will start
Published 04 Jul, 2017 12:00am
Gold slips in Europe

Gold slips in Europe

Gold slid to a seven-week low on Monday and headed for its biggest one-day loss in two months as the dollar rebounded and 10-year US Treasury yields climbed, weighing on appetite for non-interest bearing bullion. Gold ended June with its first monthly los
Published 04 Jul, 2017 12:00am
Gold dips in Asia

Gold dips in Asia

Gold slipped on Monday in Asia as investors shunned safe-haven assets, with Asian stocks remaining near two-year highs and the dollar rising from a nine-month low. "Gold fell slightly as a rally in global stock markets saw investor appetite wane for the p
Published 04 Jul, 2017 12:00am
Raw sugar bounces higher on fresh quarterly buying

Raw sugar bounces higher on fresh quarterly buying

Raw sugar futures on ICE rose on Monday, boosted by commodity-wide buying on the first day of the third quarter, reversing an early decline that came on pressure from falling gasoline prices in Brazil, which could lead to more sugar production from cane.
Published 04 Jul, 2017 12:00am
Malaysian palm oil futures jump
Exchange

Malaysian palm oil futures jump

Malaysian palm oil futures jumped on Monday, tracking strong gains in soyaoil on the Chicago Board of Trade (CBOT) and related edible oils on China's Dalian Commodity Exchange. The benchmark palm oil contract for September delivery on the Bursa Malaysia D
Published 04 Jul, 2017 12:00am
Rubber rises
Exchange

Rubber rises

Benchmark Tokyo rubber futures ended 1.4 percent higher on Monday on the back of firm global oil prices and a weaker yen which makes yen-denominated commodities cheaper for holders of other currencies. The Tokyo Commodity Exchange rubber contract for Dece
Published 04 Jul, 2017 12:00am
Oil rises more than two percent as US crude output slows

Oil rises more than two percent as US crude output slows

Oil rose more than 2 percent on Monday, resuming its longest stretch of daily gains in more than five years after data pointed to diminished US output, though analysts said news of rising Opec production could cap gains. Brent crude futures closed up 91 c
Published 04 Jul, 2017 12:00am
Brazil oil output jumps 4.5 percent in May from April

Brazil oil output jumps 4.5 percent in May from April

Brazil's crude oil output climbed 4.5 percent in May from April, to 2.653 million barrels per day (bpd), oil industry watchdog ANP said on Monday, marking the first month-on-month jump this year as production began on a new platform in the Santos Basin. T
Published 04 Jul, 2017 12:00am
Shanghai copper slips
Exchange

Shanghai copper slips

Shanghai Futures Exchange copper edged down 0.1 percent at 47,500 yuan ($6,997) a tonne on Monday. Among other metals, SHFE aluminium, nickel, lead and zinc were all up more than 1 percent amid rising prices of steel.
Published 04 Jul, 2017 12:00am
Britain misses out as global manufacturing surges

Britain misses out as global manufacturing surges

British factories were left out of a demand-driven surge in activity across much of Asia and Europe in June, as weakness in sterling failed to translate into export growth, surveys showed. Factories in the euro zone rounded off the first half of 2017 by r
Published 04 Jul, 2017 12:00am
US car sales continued to slow in June

US car sales continued to slow in June

US car sales continue to ebb in June, marking the sixth straight monthly decline, even as appetite for larger SUVs and light trucks persisted, according to industry figures released Monday. General Motors, the country's largest automaker, and Ford reporte
Published 04 Jul, 2017 12:00am
Ex-Barclays CEO appears in court over fraud charges

Ex-Barclays CEO appears in court over fraud charges

Former Barclays chief executive John Varley appeared in a London court on Monday over fraud accusations, the first time a boss of a global bank has faced charges arising from the 2008 financial crisis. Britain's Serious Fraud Office last month charged Bar
Published 04 Jul, 2017 12:00am
Tesla's lower-priced Model three to start production

Tesla's lower-priced Model three to start production

Tesla's first lower-priced Model 3 will come off the assembly line Friday, two weeks early, CEO Elon Musk announced Monday. "Model 3 passed all regulatory requirements for production two weeks ahead of schedule.
Published 04 Jul, 2017 12:00am
Australia's central bank in sweet spot as jobs, home prices please

Australia's central bank in sweet spot as jobs, home prices please

Australia's jobs market looks healthier than it has in months while house prices are cooling in the face of tighter lending rules, all arguments for steering a steady course on interest rates this week. The Reserve Bank of Australia (RBA) holds its July p
Published 04 Jul, 2017 12:00am
Central bankers want communication, not coordination

Central bankers want communication, not coordination

There is no behind-the-scenes pact between powerful central bankers to tighten policy but the potent effect their actions have on financial markets means they want a deeper understanding of each others' motivations, officials told Reuters.
Published 04 Jul, 2017 12:00am
Falling food prices drag Turkish inflation lower in June

Falling food prices drag Turkish inflation lower in June

Turkish inflation cooled for the second straight month in June, data showed on Monday, as a drop in food prices led to a lower-than-expected 10.9 percent increase in annual consumer prices. The data, which marks a further fall from the 8 1/2-year peak of
Published 04 Jul, 2017 12:00am
Japan business confidence hits three-year high: BoJ
Exchange

Japan business confidence hits three-year high: BoJ

Confidence among Japan's biggest manufacturers has risen for the third straight quarter to the best level in more than three years, a key central bank survey showed Monday as exports continue to grow. The Bank of Japan's Tankan report - a quarterly survey
Published 04 Jul, 2017 12:00am
Deadly floods hit central, southern China

Deadly floods hit central, southern China

Rainstorms have triggered floods across central and southern China, forcing hundreds of thousands of people from their homes and leaving three dozen dead or missing, state media reported Monday. At least 16 people were killed and a further 10 were unaccou
Published 04 Jul, 2017 12:00am
Eight wounded in shooting near French mosque

Eight wounded in shooting near French mosque

Eight people were wounded in a shooting in front of a mosque in the southern French city of Avignon in an incident police consider to be a settling of scores rather than a militant attack, a source close to the investigation said on Monday. Two of the eig
Published 04 Jul, 2017 12:00am
US warship in Med wary of 'tensions' with Syria's allies

US warship in Med wary of 'tensions' with Syria's allies

A senior officer aboard a US Navy supercarrier deployed in the eastern Mediterranean said Monday his forces were wary of "tensions" with allies of Syria's regime but ready to defend US-backed forces.
Published 04 Jul, 2017 12:00am
US pullout gives 'global push' to climate deal: UN chief

US pullout gives 'global push' to climate deal: UN chief

The US decision to withdraw from the Paris climate agreement has given a "global push" to the deal, as other signatories have strongly recommitted to the landmark accord, UN chief Antonio Guterres said Monday. President Donald Trump, whose country is the
Published 04 Jul, 2017 12:00am
Syrian army declares unilateral fighting freeze in south
Exchange

Syrian army declares unilateral fighting freeze in south

The Syrian army on Monday unilaterally announced a halt to fighting in the country's south that would coincide with a new round of peace talks in the Kazakh capital Astana. The army statement, carried on state news agency SANA, said hostilities would stop
Published 04 Jul, 2017 12:00am
Sudan's Bashir plans maiden Russia trip

Sudan's Bashir plans maiden Russia trip

Sudan's President Omar al-Bashir will visit Moscow for the first time in August following an invitation from his Russian counterpart to discuss regional and international issues, the foreign minister said Monday. The announcement of Bashir's Russia visit
Published 04 Jul, 2017 12:00am
Japanese PM seeks to regain public's trust after Tokyo poll setback

Japanese PM seeks to regain public's trust after Tokyo poll setback

Japanese Prime Minister Shinzo Abe said on Monday he will work to regain public trust after his party suffered an historic defeat in an election in the nation's capital, signalling trouble ahead for the premier amid tumbling support rates.
Published 04 Jul, 2017 12:00am
Trump talks North Korea threat in calls with China, Japan leaders

Trump talks North Korea threat in calls with China, Japan leaders

The threat posed by North Korea was a key topic in phone calls between US President Donald Trump and the leaders of China and Japan, along with trade issues, the White House said on Sunday. Trump spoke with Chinese President Xi Jinping and Japanese Prime
Published 04 Jul, 2017 12:00am
Turkish captain claims ship came under Greek fire

Turkish captain claims ship came under Greek fire

The captain of a Turkish-flagged freight ship claimed Monday that his vessel had come under fire from the Greek coastguard after he refused to comply with calls to dock at a Greek port in the Aegean Sea. "The ship has 16 bullet holes," Haluk Sami Kalkavan
Published 04 Jul, 2017 12:00am
South Africa police asked to probe Zuma allies' wedding

South Africa police asked to probe Zuma allies' wedding

A South African opposition party on Monday asked police to investigate allegations that taxpayers' money paid for the lavish wedding of a family with close ties to President Jacob Zuma. Citing leaked emails, local media alleged last week that $3.3-million
Published 04 Jul, 2017 12:00am
AU chief 'frustrated' by African inaction on famine

AU chief 'frustrated' by African inaction on famine

African Union head Moussa Faki Mahamat on Monday criticised member states for a lack of solidarity shown to nations on the continent who are facing famine and drought. His comments came as heads of state gathered at the union's headquarters in the Ethiopi
Published 04 Jul, 2017 12:00am
Greece demands withdrawal of 'occupying troops' from Cyprus

Greece demands withdrawal of 'occupying troops' from Cyprus

Greek Foreign Minister Nikos Kotzias demanded Monday the withdrawal of Turkey's "occupying troops" from Cyprus, striking a combative tone at negotiations in Switzerland striving to end the island's 40-year division. Cyprus is one of the world's longest-ru
Published 04 Jul, 2017 12:00am
Eight dead in Bangladesh garment factory blast

Eight dead in Bangladesh garment factory blast

At least eight people were killed and up to 50 injured after a boiler exploded at a garment factory in Bangladesh on Monday, authorities said. Dozens of labourers were on site at the factory in an industrial district outside the capital Dhaka when a blast
Published 04 Jul, 2017 12:00am
Saudi king cancels visit to G20 summit: Germany

Saudi king cancels visit to G20 summit: Germany

King Salman of Saudi Arabia has cancelled attendance at this week's G20 summit in Hamburg, the German government said Monday, as Riyadh is engaged in a diplomatic standoff with Qatar. "The government has received official notification that King Salman wil
Published 04 Jul, 2017 12:00am
Anti-G20 protesters vow to camp across German host city

Anti-G20 protesters vow to camp across German host city

Anti-capitalist protesters vowed Monday to occupy public spaces across Hamburg with tents, as tensions with police rise days before the German city hosts a G20 summit. On Sunday police used pepper spray as they cleared tents set up by some 600 activists o
Published 04 Jul, 2017 12:00am
Modi set to become first Indian PM to visit Israel

Modi set to become first Indian PM to visit Israel

Narendra Modi becomes the first Indian prime minister to visit Israel when he arrives on Tuesday, the result of growing ties that have led to billions of dollars in defence deals. Israel, in constant search of allies to vote in its favour at UN bodies as
Published 04 Jul, 2017 12:00am
Tougher fighting, more suicide attacks as IS hits back in Mosul

Tougher fighting, more suicide attacks as IS hits back in Mosul

Iraqi forces are facing increasingly difficult fighting and a rising number of suicide bombings in the final stages of the battle for Mosul, senior commanders said on Monday. Following recent suicide bombings by two girls, security forces in the Old City
Published 04 Jul, 2017 12:00am
Germany take Confederations Cup

Germany take Confederations Cup

Lars Stindl's simple tap-in, following a costly first-half blunder by Marcelo Diaz, was enough to give Germany a 1-0 win over Chile in the Confederations Cup final on Sunday. Diaz's momentary lapse in concentration let Timo Werner rob him of possession, d
Published 04 Jul, 2017 12:00am
Terry signs for Aston Villa

Terry signs for Aston Villa

Former long-serving Chelsea captain John Terry signed a one-year contract on a free transfer for second tier side Aston Villa on Monday. Terry, 36 and who left champions Chelsea after 22 trophy-laden years at the end of last season having lifted the Premi
Published 04 Jul, 2017 12:00am
PMEX daily trading report
Exchange

PMEX daily trading report

Friday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 2,903. The total traded value of Metals, Energy and COTS/FX was recorded at PKR 3.331 billion and the number of lots traded was 8,506. Major business was contributed by gold mo
Published 04 Jul, 2017 12:00am
Seed cotton prices rise on modest trade
Cotton

Seed cotton prices rise on modest trade

Prices of seed cotton improved slightly on the cotton market on Monday in the process of modest trade activity, dealers said. The official spot rate continued to slide, dropping further Rs 100 to Rs 6100, they said. In the ready session, over 3000 bales o
Published 04 Jul, 2017 12:00am
European wheat futures hit 10-day high

European wheat futures hit 10-day high

European wheat futures hit a 10-day high on Friday, buoyed by a continuing rally in US wheat, which more than offset a strong euro and improving crop weather in western Europe. December milling wheat on Paris-based Euronext ended 3.25 euros, or 1.82 perce
Published 04 Jul, 2017 12:00am
Turkey to become top destination for Russian wheat

Turkey to become top destination for Russian wheat

Turkey could emerge as the top export destination for Russian wheat in the 2017/18 marketing year, which starts on July 1, overtaking Egypt where Russia appears to be losing ground to rivals such as Ukraine and Romania, traders and suppliers said. The res
Published 04 Jul, 2017 12:00am
US gasoline demand rises in April

US gasoline demand rises in April

US gasoline demand rose by a modest 0.4 percent in April compared with last year, the first year-over-year increase since December, according to the US Energy Information Administration data on Friday. The increase, while small, is welcome news to US refi
Published 04 Jul, 2017 12:00am
US FOB Gulf corn offers mostly flat

US FOB Gulf corn offers mostly flat

Export premiums for corn shipped from the US Gulf Coast were mostly flat on Friday on light demand and plentiful supplies, traders said. US Department of Agriculture on Friday estimated total US corn stocks as of June 1 at 5.225 billion bushels, the third
Published 04 Jul, 2017 12:00am
CBOT soyabean futures rise

CBOT soyabean futures rise

Chicago Board of Trade soyabean futures rose about 3 percent on Friday on supportive stocks and acreage figures from the US Department of Agriculture and spillover strength from wheat, traders said. CBOT September soyabeans settled up 26-1/4 cents at $9.4
Published 04 Jul, 2017 12:00am
Canadian canola futures jump to one month high

Canadian canola futures jump to one month high

ICE Canadian canola futures jumped nearly 3 percent on Friday, hitting a more than one-month high in the most-active November contract, lifted by a soybean rally after a US report showed smaller US plantings and stocks than expected. US Department of Agri
Published 04 Jul, 2017 12:00am
Heavy rain bodes well for Ivory Coast cocoa main crop

Heavy rain bodes well for Ivory Coast cocoa main crop

Heavy rain in Ivory Coast continued to batter the cocoa mid-crop last week but could spur a strong and early start for the October-to-March main crop if there is adequate sun this month, farmers said on Monday. The world's top cocoa producer is in its rai
Published 04 Jul, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 04 Jul, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 04 Jul, 2017 12:00am
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