Last Updated : February 03, 2012 11:05
CBOT Updates: Corn settles higher on export demand
CHICAGO (Commodity Online): CBOT corn ends slightly higher amid a lack of fresh news, as worries about South American supplies and strong cash prices underpin.
Analysts say the market tracked changes in the U.S. dollar. Traders expect crop shortfalls in South America will drive stronger U.S. export sales, and weekly sales released reaffirmed that sales are improving.
Still, questions persist about whether demand will fall again as prices climb. CBOT March corn ends up 1c to $6.43 a bushel.
Courtesy: CME Group
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MCX Silver 05 July 2012
contract was trading at
Rs 55888 , up Rs. 493 . What's your view on it?
