| Sugar suffers as India raises output estimate |
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Sugar prices endure another pounding after estimates for India's production this season were revised higher
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| Queensland picks banks for A$7bn rail IPO |
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The Queensland state government has appointed five banks to run a A$7bn share float of Queensland Rail's coal and freight arm, expected to be Australia's biggest listing this year
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| Palm oil futures to be launched in Chicago |
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CME Group, the US derivatives marketplace, is to launch a US dollar-denominated, cash-settled crude palm oil futures contract on May 23
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| New money inflow set to make records |
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Palladium prices hit a two-year high but crude oil faltered after making early gains while gold moved lower as the dollar strengthened
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| Oil futures turn upside down |
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As the market flips even further an inverted price pattern is emerging in which we enter a world in which oil demand catches up with supply
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| BHP moves coking coal to short terms |
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Largest miner's decision could signal end of benckmarking prices
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| Shell and PetroChina offer to buy Arrow |
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Royal Dutch Shell and PetroChina move to take a lead role in Australia's burgeoning coal-bed methane gas sector after making a joint offer for Brisbane-based Arrow Energy
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| Nikkei jumps to six-week closing high |
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Asian stocks put in strong performances yesterday as investors responded to Friday's encouraging US employment report and a subsequent rally on Wall Street
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| Steelmaker sets the bar higher for coking coal |
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The latest contract marks a break with decades of tradition under which they were agreed on an annual basis
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| Glencore pledge to sell $1bn in assets |
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Glencore, the Swiss-based commodities trader, pledges to sell at least $1bn in assets over the next six months in order to placate concerns over the company's decision to spend about $2.5bn repurchasing a Colombian coalmine
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| There's money in stockpicking hills |
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It is a fair bet that fund managers will soon pay a lot more attention to selecting shares, as overlooked assets provide mover bargains
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| Gold |
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The US commodities markets regulator is to hold what should prove to be one of its more colourful hearings to address the gripes of an enthusiastic group of precious metals owners
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| Manila adds to pressure on sugar prices |
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Market uncertainty extends correction while oil retreats towards $80 a barrel and base metals fall
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| Energy prices rise but sugar stays volatile |
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Crude pushed above the $81 a barrel mark on Wednesday, brushing off a big jump in US stocks but sugar remained under pressure
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| Citi beefs up commodities business |
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Citigroup is planning a hiring spree in commodities over three years, boosting the number of traders and bankers by 40 per cent
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