Oil prices slide 5pc on US-Iran de-escalation

LONDON, Feb 2 (Reuters): Oil prices fell 5% on Monday after US President Donald Trump said Iran was "seriously talking" with Washington, signalling a de-escalation of tensions with an OPEC member, while a stronger dollar also weighed on prices.Brent crude futures were down $3.50, or 5%, at $65.86 per barrel...

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Cocoa hovers near two-year lows as surplus worries weigh

LONDON, Feb 2 (Reuters): Cocoa futures on the ICE exchange hovered near two-year lows on Monday, with dealers remaining concerned over the size of surplus stocks in West Africa because of reduced global demand.London cocoa dropped 1.1% to 2,880 pounds a ton by 1359 GMT, not far from Friday's more...

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Soybeans, wheat, corn futures fall

BEIJING/HAMBURG, Feb 2 (Reuters): Chicago Board of Trade soybeans, wheat and corn futures fell on Monday, tracking a slump in the commodities markets, ample global supplies and the dollar's strength that made US exports less competitive in international markets.Chicago Board of Trade most-active soybeans fell 0.5% to $10.58-1/2 a bushel...

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Russian wheat export prices rise third week in a row

Moscow, Feb 2 (Reuters): Russian wheat export prices rose for the third week in a row amid a strengthening rouble and poor weather at ports while analysts do not yet see any damage to crops from a cold spell that hit many areas of the country.The price of Russian wheat...

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