TOKYO (May 2): Benchmark Tokyo rubber futures ended slightly lower on Wednesday as investors booked profits following the previous session’s 4% jump.
Nana Opanbour Bonsu II, President, Concerned Farmers Association of Ghana has expressed dissatisfaction over the clearing of cocoa trees for the cultivation of rubber in cocoa communities in the Eastern Region.
He said the situation was worrying because some chiefs were compelling cocoa farmers to release their farms for the cultivation of rubber trees.
SINGAPORE (Reuters) - The dollar traded near a four-month high against a basket of currencies on Thursday, having recovered from a brief dip after the Federal Reserve kept interest rates steady and said inflation had “moved close” to its target.
BEIJING, (Reuters) - Growth in China’s manufacturing sector unexpectedly picked up in April as output quickened slightly, a private survey showed on Wednesday, though a decline in export orders reinforced risks to the outlook as firms continued to shed staff while inventories also rose.
SINGAPORE (Reuters) - Oil prices were stable on Wednesday, supported by concerns that the United States may re-impose sanctions on major exporter Iran, although soaring U.S. supplies capped gains.
SINGAPORE (Reuters) - Oil prices edged lower on Monday as a rising rig count in the United States pointed to higher production, but prices held near more than three-year highs and were on track to rise for a second consecutive month.