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Archive for December 9th, 2009

Rotterdam Soybean Prices – Dec 9

Wednesday, December 9th, 2009

Lowest known offers at 1315 local time in U.S. dollars a metric ton, CIF Rotterdam as quoted by European traders. »

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Rotterdam Soymeal Prices – Dec 9

Wednesday, December 9th, 2009

Lowest known offers at 1315 local time in U.S. dollars a metric ton as quoted by European traders. »

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Technical Analysis: US Soy Complex Futures – Dec 9

Wednesday, December 9th, 2009

January soybeans closed lower Tuesday, near the session low. The key "outside markets" were in a bearish posture for soybeans, as the U.S. dollar index was higher and crude oil and U.S. stock index prices were lower. Bulls still »

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Technical Analysis: US Corn, Wheat Futures – Dec 9

Wednesday, December 9th, 2009

March corn closed firmer Tuesday, near mid-range, on short covering. However, gains were limited by bearish outside markets and ideas Thursday's monthly U.S. Department of Agriculture supply-and-demand report will be »

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Kazakhstan’s 2009 Grain Harvest Up 28% On Year At 20 Mln Tons

Wednesday, December 9th, 2009

Kazakhstan has harvested 20 million metric tons of grain in clean weight this year, 28% more than in 2008, the State Statistics Committee said Wednesday. »

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Ivory Coast Cocoa Arrivals To Dec 6 Seen Up 47% On Year

Wednesday, December 9th, 2009

Arrivals of cocoa beans from Ivory Coast's farms at the country's ports between Oct. 1 and Dec. 6, the first nine weeks of the 2009-10 season, are forecast at 435,000 metric tons, up by 47% on the »

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Asian Crude Palm Oil Ends Down On Selling Pressure, Soyoil

Wednesday, December 9th, 2009

Crude palm oil futures on Malaysia's derivatives exchange ended mostly lower in rangebound trade Wednesday, with investors taking cues from other commodities and weaker equity »

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Malaysia Biodiesel Review To Damp Industry Outlook – Carotech Official

Wednesday, December 9th, 2009

Malaysia's proposed plan to reduce the country's biodiesel blend threatens to worsen the outlook for its biodiesel producers, even as restrictive carbon saving criteria and import duties have »

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Indonesia Astra Agro Sells 4,500 Tons CPO Wednesday

Wednesday, December 9th, 2009

Indonesia's PT Astra Agro Lestari (AALI.JK) said in a statement it sold 4,500 metric tons of crude palm oil offered in an auction Wednesday. »

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Indonesia PTPN Sells 6,000 Tons CPO At Auction Wednesday

Wednesday, December 9th, 2009

Indonesia's PT Perkebunan Nusantara said in a statement it sold 6,000 metric tons of crude palm oil offered in a government auction Wednesday. »

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MARKET TALK: Oil Up; Fundamentals Improving, But Still Bearish

Wednesday, December 9th, 2009

Crude oil futures correct higher after Tuesday's losses, but while supply-demand balances are slightly tighter, they are still bearish overall, says »

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PRECIOUS METALS: Gold Hit By Further Risk Aversion

Wednesday, December 9th, 2009

Spot gold was hit by further risk aversion over country credit rating concerns and is trading at its lowest level for three weeks as downgrades drive equities lower and the U.S. dollar higher. »

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Wheat Stocks Build Into 2010-11; Dollar May Help Price -Rabobank

Wednesday, December 9th, 2009

Wheat is expected to see a third consecutive season of stock building in 2010-11, but further weakness in the U.S. dollar could prompt speculative inflows »

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MARKET TALK: Crude Rebounds From Tue Weakness; API Buoys

Wednesday, December 9th, 2009

Crude oil futures rebound from sharp declines Tuesday, supported by API data showing a larger-than-expected fall in US crude inventories, says a broker at Bache Commodities. »

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MARKET TALK: Gold May Weaken Further If Risk Aversion Rises

Wednesday, December 9th, 2009

Gold is at a three-week low due to a drop in risk appetite following a ratings agency downgrade of Greece's credit worthiness and if investor risk appetite continues »

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European Commodity Technicals: Crude Threatens More Losses

Wednesday, December 9th, 2009

Intraday Crude Oil (NYMEX): Weakness Tuesday virtually retraced the entire recovery off $72.39 before support emerged at $72.43. However, given the underlying bear momentum that is clearly »

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MARKET TALK: Gold May Correct Down To $1,080/Oz -BillionDesk

Wednesday, December 9th, 2009

Spot gold is finding support in Europe, but with further risk reduction ahead of year-end likely gold could correct down to $1,080 a troy ounce, says James Moore of »

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Malaysia Dec. 1-10 Palm Oil Exports Likely Down On Weak Demand

Wednesday, December 9th, 2009

Malaysia's palm oil exports during the Dec. 1-10 period are likely to be flat or up only around »

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China Soybean Futures Settle Down; Dollar Rebound, Oil Decline

Wednesday, December 9th, 2009

China's soybean futures traded on the Dalian Commodity Exchange settled lower Wednesday, as a dollar rebound and lower overnight crude oil prices weighed. »

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MARKET TALK: BMD CPO Futures Down; Selling Pressure, Rangebound

Wednesday, December 9th, 2009

BMD CPO futures down 1.4% on selling pressure, tracking soyoil on e-CBOT, traders say. Market likely to remain in cautious, rangebound trade ahead of tomorrow's data »

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