News in Brief(24-5-2018)

Indian sugar seeks access to China market

BEIJING, May 23 : Indian sugar refiners and exporters will meet Chinese importers and processors in Beijing next month to discuss opening up market access, according to a statement on China Merchandise Reserve Management Center. — Reuters

Chicago wheat price declines

PARIS/SINGAPORE, May 23: Chicago wheat turned lower on Wednesday, pausing after a weather-fuelled rally a day earlier, as investors weighed up risks to crop yields from dryness in the US Plains and several other key wheat-producing zones worldwide. Chicago soybean and corn futures also edged down to give up a slight earlier gain. — Reuters

Gold shows signs of strength

LONDON, May 23 : Gold prices rose on Wednesday on uncertainty about trade talks between the US and China, which boosted the metal's safe-haven appeal. The precious metal showed signs of strength after US President Donald Trump said he was not pleased with recent talks with China. — Reuters