Oil prices stable with uncertainty around ME and US election
LONDON, Oct 24 (Reuters): Oil prices were broadly stable on Thursday as uncertainty around conflict in the Middle East and reports of North Korean troops ready to help Russia in Ukraine kept traders on edge ahead of the US presidential election.Brent crude futures were up 46 cents, or 0.6 per...
Read more
Soybeans and corn extend gains on export wave
PARIS/SINGAPORE, Oct 24 (Reuters): Chicago soybean and corn futures rose for a fourth consecutive session on Thursday as a wave of export sales offset supply pressure from a rapid US harvest and improved planting weather in South America.Wheat edged up, drawing support from corn and soy, with traders still assessing...
Read more
Global risks buoy gold
Gold prices firmed on Thursday as the bullion remained in demand in the face of ongoing geopolitical risks, while palladium jumped 8 per cent to a near 10-month peak on fears of supply sanctions on top-producer Russia, reports Reuters.Spot gold rose 0.8 per cent to $2,739.09 per ounce by 1150...
Read more
Rice export rates drop across major Asian hubs after India slashes duty
Rice export rates dipped across major Asian hubs this week after India abolished export duty on the staple and raised fears of over-supplying the market, pushing rates in the top exporter and in Vietnam to their lowest levels in more than a year, reports Reuters.India scrapped the export tax on...
Read more
