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RTRS:SOFTS-Sugar, coffee fall on stronger dollar
 
SUGAR

* Raw sugar futures fell on light technical selling, driven by strength in the dollar.

* Japan sold the yen for the second time in less than three months after it hit another record high against the dollar on Monday, saying it intervened to counter speculative moves that were hurting the economy.

* Expectations of lower-than-expected output from Brazil, with mills now beginning to end their crush, and potential cuts to production estimates for other key producers including India underpinned sugar futures. Dealers tracked possible impact on cane in Thailand from flooding.

* India's sugar output will be 24.7-25 million tonnes in 2011/12, Food Minister K.V. Thomas said on Monday, a figure agreed with the farm ministry which had previously forecast 26 million tonnes.

* Thailand will offer more than 90,000 tonnes of sugar in a tender this week as investors assess the impact of the country's worst floods in decades on the cane crop, while premiums could slip on slacking demand, dealers said on Monday.

* ICE March raw sugar futures SBc1 fell 0.18 cent or 0.7 percent to 25.97 cents a lb at 0808 GMT.

* A European broker saw upside resistance in front-month futures at 27.70 and 28.05 cents a lb.

* December white sugar futures on Liffe LSUc1 fell $9.70 or 1.4 percent to $692.40 per tonne.

COFFEE

* Arabica coffee futures on ICE edged down with other commodities under pressure from the stronger dollar.

* A bearish target at $2.2315 per lb has been resumed for New York coffee KCc2 as indicated by its wave pattern, according to Reuters market analyst Wang Tao .

* December arabica coffee futures on ICE KCc1 were down 5.5 cent or 2.3 percent at $2.2965 per lb.

* January robusta coffee on Liffe LRCc2 was down $36 or 1.9 percent at $1,863 a tonne.

* Cocoa futures on ICE eased, weighed by the firmer dollar and by ample supplies in West Africa, the world's top growing region.

* New York cocoa CCc2 will fall to $2,714 per tonne, as a retracement that started from the Oct. 27 high of $2,791 has not completed, according to Reuters market analyst Wang Tao.

* ICE December cocoa CCc1 was down $36 or 1.3 percent at $2,712 a tonne. The contract dipped to $2,523 on Oct. 18, the lowest level for the front month in more than two years.

MARKET NEWS

* Japan sold the yen for the second time in less than three months after it hit another record high against the dollar on Monday, saying it intervened to counter speculative moves that were hurting the economy.

* Japan told the head of Europe's bailout fund on Monday that it would continue to buy its bonds, but, like fellow potential investor China, did not commit to putting cash into a mooted special purpose vehicle to enhance the rescue fund's firepower.

* World equities fell on Monday with commodities retreating as the dollar rose to a three-month high against the yen after Japan intervened to weaken its currency, spurring some profit-taking after last week's rally.

(Reporting by David Brough; Editing by William Hardy)

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