
Monday, August 2, 1999
Oil retreats from fresh 20 month highs
Oil prices pulled back last week from highs not seen since late 1997, failing to breach the $20 a barrel level in a rally inspired by OPEC output restraints.
New season cardamom auctions set to kick off
The 1999-2000 cardamom season will get off to a start on August 18 with Cardamom Processing and Marketing Company Limited (CPMCL) holding an auction at Kumili.
CBoT soyoil ends higher, soybeans rebound
Soymeal and soyoil futures at the Chicago Board of Trade (CBoT) finished higher, as product markets followed a technically driven rebound in soybeans. Soyoil bounced back after sinking to contract lows early.
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