Last Updated : February 11, 2012 10:46
CBOT corn ends lower on USDA report
US Corn futures end lower amid broad-based commodity losses and lingering pressure from Thursday's USDA report. A stronger dollar and weaker equities as Europe debt worries escalated weighed on commodities generally. Corn in particular was pressured by Thursday's USDA report. While the report was considered neutral, the market's inability to push above its trading range over the past month is considered a negative sign, which has prompted selling, including from farmers, traders say. The market could stay rangebound until a clearer picture of US planting emerges, traders add. CBOT March Corn ends down 5 1/4c to $6.31 3/4 per bushel.
Courtesy: CME Group
MCX CARBON CREDITS 14 December 2012
contract was trading at
Rs 562 , down Rs. -53 . What's your view on it?
