Archive | March, 2005

Supplies mar futures trade in sugar as prices recede

By Hamid Waleed – LAHORE: The sugar trader and investors are in a fix over their future contracts and market derivatives as rising supply of the commodity and consequently receding price have exposed them to losses. The situation emerged after excessive deals on future counters were witnessed lately whereas government’s permission for unlimited duty free […]

Continue Reading 0

Successful traders have to take a loss

by Brian Hoops – If you ask a room full of active and inactive (those who have lost all of their money) commodity traders which skill is the most important in becoming a successful trader, the answers would represent, to a great degree, the weaknesses of those present. I would guess that the most common […]

Continue Reading 0

Crude oil futures fall on traders’ profit-taking

By Brad Foss – WASHINGTON (AP) – Oil prices fell Monday as traders took profits in a continuation of last week’s downward trend. After dipping as low as $53.60 US, light, sweet crude futures for May delivery settled 79 cents lower at $54.05 a barrel on the New York Mercantile Exchange. That’s more than $3.50 […]

Continue Reading 0
CRBgold2set.png

Laying to Rest GATA’s CRB Index – Gold Kerfuffle

By Tim Wood – NEW YORK (ResourceInvestor.com) — Ah, how quickly things get nasty when money is involved. Right on cue the Gold Anti-Trust Action Committee has responded to criticism of one of its “evidences” for a gold price conspiracy by playing the man rather than the ball. Let’s reprise this nonsense: GATA distributed a […]

Continue Reading 0

Merc sets record on Eurodollar contracts

Bloomberg News – The Chicago Mercantile Exchange, the biggest U.S. futures market, handled a record 1.5 million Eurodollar options contracts Wednesday, as traders used them to bet on changes in borrowing costs. The exchange also had record electronic trading of interest-rate futures and options, with 2.1 million contracts changing hands on Wednesday, the exchange said […]

Continue Reading 0

BM&F to Launch Soybean Futures Contract

by Agriwatch – Brazil’s Mercantile & Futures Exchange (BM&F) will launch a soybean futures contract aimed at China and is in talks with the country’s largest commodity futures exchange about listing the product there as well. It also shows how China is embracing derivatives markets as a way of protecting against price swings as they […]

Continue Reading 0

Wheat futures spring back

By Victoria Sizemore Long – Kansas City wheat and Chicago wheat and soybean futures closed higher Tuesday in a technical rebound from recent losses. Chicago corn futures declined. Kansas City Value Line stock-index futures also fell. (more…)

Continue Reading 0

Surging coffee futures jack up java prices

By Lynn Moore – Coffee sold on grocery shelves and in workplace dispensers is going up in price as coffee roasters offset surging futures prices caused in part by speculators, bean counters say. But the jack in java may not immediately be felt in gourmet coffee shops, where the cost of what is poured into […]

Continue Reading 0

Indian Agribusiness Systems

Commodity Traders have a great opportunity to enter India where 4 national exchanges have becoming active in the last 18 months and the cumulative trading on the exchanges has crossed USD 1.2 billion a day within this short period. Refco is already in India along with several others multinational broking firms. I am publishing this […]

Continue Reading 0