Wheat trades close to a seven month low on rainy forecast

Note: This section contains information in English only.
Source: Bloomberg
Wheat futures for March settlement were little changed and traded at $7.31 per one bushel during Singapore trading session on Wednesday. Yesterday the price slipped to $7.255 level, which is the lowest since June 26, 2012. Market speculates that rain in growing areas will help to crop harvest as the biggest shipper recovers from the worst drought in 80 years.
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Wed, 13 Feb 2013 11:38:05 GMT

Rubber gains on oil rally

Rubber futures for March settlement were higher by 0.6% to 333.6 Yen per kilogram or $3.585 a metric tone during Asian trading session on Wednesday. Rubber has increased 9.8% this year. Rubber futures gain for a second session as surge in oil prices raised appeal for the alternative commodity, which could be used to make tires.

Wed, 13 Feb 2013 11:16:04 GMT

Canadian currency appreciates from a 2-week low

The Canadian currency, also known as Loonie, was higher by 0.3% to 1.0023 per U.S. Dollar in the end of Toronto trading session on Tuesday. The Loonie appreciated from a two week low as the discount on the nation's crude oil trades comparing with the American gauge was at the lowest level in last three months.

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