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Oil gains, lower US crude stockpiles provide floor

LONDON, Sept 24 (Reuters): Oil prices rose over 1 per cent on Wednesday as an industry report showed US crude inventories declined last week, adding to a sense in the market of tightening supplies amid export issues in Kurdistan and Venezuela and disruptions to Russian supplies.Brent futures were up 97...

BADC WORKSHOP ON 'COMMUNITY SEED BANK'

A workshop on 'Community Seed Bank and Adaptive Research' was held at the seminar hall of the Bangladesh Agricultural Development Corporation (BADC) head office in Dhaka on Wednesday. The workshop was organised by the Research Cell of BADC with funding from a partner project. Md. Ruhul Amin Khan, Chairman (Grade-1)...

Gold holds near record high

Gold prices steadied on Wednesday, hovering just below a record high hit in the previous session, as investors hunkered down for economic data due later in the week for further cues on the Federal Reserve's policy path, reports Reuters.Spot gold was steady at $3,765.02 per ounce, as of 09:40 a.m....

Palm oil ends higher on strong exports

KUALA LUMPUR, Sept 24 (Reuters): Malaysian palm oil futures inched higher on Wednesday, supported by stronger exports and firmer soyoil, but palm oil losing its competitive advantage over soyoil capped the gains.The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange was up 37ringgit, or 0.85%,...

Metallurgical coal is set to rise from the doldrums as green steel ambition fades

JIMBARAN, Indonesia, Sept 24 (Reuters): An industry that is shutting down some production as prices hover around four-year lows and higher taxes bite doesn't sound like it should be particularly bullish.But metallurgical coal producers have reason for medium- to long-term optimism as supply remains constrained and ambition fades to transition...

India fuel exports surge to multi-year highs on higher refinery runs, ethanol blending

NEW DELHI, Sept 24 (Reuters): Indian oil refiners are increasing gasoline and diesel exports to their highest levels in several years, driven by expanded crude processing capacity and increased domestic ethanol blending that has freed up fuel supplies for overseas markets, traders and analysts said.Refiners in India, which sources about...

Cocoa prices regain some ground

LONDON, Sept 24 (Reuters): Cocoa futures on ICE were higher on Wednesday boosted by a pick-up in industry buying following a decline in prices to two-month lows earlier this week.London cocoa rose by 0.3% to 4,931 pounds a metric ton by 1104 GMT after setting a two-month low of 4,874...

Copper drifts lower in quiet trade as dollar strengthens

Copper prices lost ground on Wednesday, despite concerns over tight supply, as a firmer dollar weighed on prices amid quiet trade ahead of a week-long holiday in top consumer China, reports Reuters.Benchmark three-month copper on the London Metal Exchange was down 0.2% at $9,936 a metric ton in official open-...

US soybeans back near six-week low

PARIS/SINGAPORE, Sept 24 (Reuters): Chicago soybeans fell back towards a six-week low on Wednesday as rising estimates of the amount of Argentine soy booked by Chinese buyers this week kept attention on stalled US-China trade.Corn edged down, with the market assessing early US harvesting for yield indications, while wheat extended...