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Bangladesh jute report – Dec 28
Rates supplied by the Bangladesh Jute Association
JUTE
VARIETY BALES FOB Narayanganj
(One bale = 180 kg) (Taka per bale)
Ready Position (in taka) Bangla white special (BW special) 12,800 Bangla white A (BWA) 12,500 Bangla white B (BWB) 11,600 Bangla white C (BWC) 10,100 Bangla white D (BWD) 9,650 Bangla white E (BWE) 9,200 Bangla tossa special (BTS) 13,100 Bangla tossa A (BTA) 13,800 Bangla tossa B (BTB) 11,900 Bangla tossa C (BTC) 10,400 Bangla tossa D (BTD) 9,950 Bangla tossa E (BTE) 9,500
WRS/TRS, HABIJABI, CUT ROPES Bangla ...
Ready Position (in taka) Bangla white special (BW special) 12,800 Bangla white A (BWA) 12,500 Bangla white B (BWB) 11,600 Bangla white C (BWC) 10,100 Bangla white D (BWD) 9,650 Bangla white E (BWE) 9,200 Bangla tossa special (BTS) 13,100 Bangla tossa A (BTA) 13,800 Bangla tossa B (BTB) 11,900 Bangla tossa C (BTC) 10,400 Bangla tossa D (BTD) 9,950 Bangla tossa E (BTE) 9,500
WRS/TRS, HABIJABI, CUT ROPES Bangla ...
Tea marks 7th weekly gain on winter demand
Tea prices in Bangladesh rose for the seventh straight week at the weekly auction on Tuesday amid strong demand in the winter season.
Bangladeshi tea fetched an average 192.96 taka ($2.4) per kg compared with 192.04 taka at the previous sale, said an executive with National Brokers Ltd. The price for last week’s auction was revised from 192.15 taka.
About 2.3 million kg was offered at the auction centre in Chittagong, of which 17 percent went unsold. In the previous auction, nearly 2.3 million kg was offered, with nearly 15 percent remaining unsold...
Bangladeshi tea fetched an average 192.96 taka ($2.4) per kg compared with 192.04 taka at the previous sale, said an executive with National Brokers Ltd. The price for last week’s auction was revised from 192.15 taka.
About 2.3 million kg was offered at the auction centre in Chittagong, of which 17 percent went unsold. In the previous auction, nearly 2.3 million kg was offered, with nearly 15 percent remaining unsold...
Olam offers wheat at $268.47/T in Bangladesh import
Olam International made the lowest offer of $268.47 a tonne to sell 50,000 tonnes of wheat to Bangladesh in a tender, an official from the state grains buyer said on Monday.
Five bidders took part in the tender, the second issued by the government’s grain purchasing authority in the current fiscal year which started in July.
The offer from the Singapore-based trading firm, which includes freight, insurance and other expenses, was lower than the lowest offer of $270 a tonne from Glencore in the previous tender last month.
Olam’s offer will be submitt...
The offer from the Singapore-based trading firm, which includes freight, insurance and other expenses, was lower than the lowest offer of $270 a tonne from Glencore in the previous tender last month.
Olam’s offer will be submitt...
Gold set for best week in 10 months
Gold was heading for its biggest weekly gain in nine months on Friday as a modest bounce in oil prices boosted demand for the metal as an inflation-hedge, but investors were nervous ahead of a key US jobs report that could trigger sharp moves.
The US nonfarm payrolls report is keenly watched as a gauge of economic strength and for its impact on the dollar and the Federal Reserve's monetary policy.
A strong report could prompt the Fed to raise rates soon and boost the dollar. Investors fear higher rates could dull the appeal of gold,...
A strong report could prompt the Fed to raise rates soon and boost the dollar. Investors fear higher rates could dull the appeal of gold,...
Forex market getting bullish by the day
The dollar appreciated against the taka in the already bullish foreign exchange market following the large payment for the Padma bridge that squeezed the supply of greenbacks.
Demand for dollars rose further in the interbank forex market yesterday after $110 million was paid in advance to the successful bidders for the construction of the bridge.
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The reserves now stand at $19.04bn, enough t...
The reserves now stand at $19.04bn, enough t...
