Archive of 28 May 2019

Argentina soy crushing to drop 15pc in 2019 on trade war impact

BUENOS AIRES: Argentina's soybean crushing is estimated to decline 15pc this year due to the prolonged trade war between the United States and China, the...

US Soymeal-Rail, truck offers remain flat as futures jump

CHICAGO: Spot basis offers for US soymeal were steady in rail and truck markets on Tuesday, dealers said. Offers in the CIF and FOB market were...

Paris wheat hits three-month high, follows strong US markets

PARIS: European wheat futures in Paris rose sharply on Tuesday to hit their highest in more than three months, pushed up by rising US markets. Benchmark...

Ivory Coast cocoa port arrivals seen up 14pc by May 26

ABIDJAN: Cocoa arrivals at ports in top grower Ivory Coast reached 1.969 million tonnes between Oct. 1 and May 26, exporters estimated on Tuesday, up...

French Finance Minister says he will fight to save jobs at GE’s Belfort site

PARIS: French Finance Minister Bruno Le Maire told the country's lower house of parliament on Tuesday that he would fight to save jobs at the

Algeria’s annual inflation slightly down to 4pc in April

ALGIERS: Algeria's annual inflation fell to 4 percent in April from 4.1 percent the previous month, due to lower prices for some foodstuffs, official data...

Lira firms on hopes Turkey will delay S-400 delivery

ISTANBUL: The Turkish lira firmed 1pc on Tuesday after Defence Minister Hulusi Akar said the Russian S-400 missile system may not be delivered in June,...

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