<?xml version="1.0" encoding="iso-8859-1"?><?xml-stylesheet href="http://www.congoo.com/css/rss.css" type="text/css" media="screen"?><rss version="2.0"><channel><title>Commodities News - Congoo</title><link>http://www.congoo.com/feed/newschannelsfeed.aspx?chid=69&amp;catid=69</link><description>News Feed for - Commodities</description><item><title>UPDATE 1-Iran OPEC governor says crude market in balance</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96215186&amp;Channel_ID=69&amp;Category_ID=69</link><pubDate>2009-11-22T07:04:00</pubDate><description>TEHRAN, Nov 22 (Reuters) - Iran's OPEC governor said the crude market is in balance and oil supply and demand are close to each other, the Jam-e Jam newspaper reported on Sunday. 'There is no need in </description><source>Reuters India</source></item><item><title>India decides not to import rice</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96233175&amp;Channel_ID=69&amp;Category_ID=69</link><pubDate>2009-11-22T16:02:00</pubDate><description>India has scrapped tenders to import rice, saying it has enough stocks to manage. A top-level cabinet committee on food cancelled the three tenders totalling 30,000 tonnes, despite a harvest shortfall </description><source>Big News Network</source></item><item><title>Emulate Maharashtra and A.P. in fixing sugarcane price</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96243102&amp;Channel_ID=69&amp;Category_ID=69</link><pubDate>2009-11-22T19:30:00</pubDate><description>Sugar factories in Maharashtra pay Rs. 2,200 and one kg of sugar for a tonne of sugarcane In Karnataka, farmers are paid only Rs. 1,700 to Rs. 1,800 a tonne of sugarcane: vedike GULBARGA: The Karnataka </description><source>The Hindu</source></item><item><title>New Process Enhances Performance of Cast Aluminum Pistons</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96242937&amp;Channel_ID=69&amp;Category_ID=69</link><pubDate>2009-11-22T19:28:00</pubDate><description>Federal-Mogul Corp. reports it has developed a new aluminum piston design that withstands the mechanical and thermal loads produced by heavy-duty engines, making it a more reliable component for diesel </description><source>Foundry Management &amp; Technology</source></item><item><title>Canada's coffee market brews bold competition</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96241450&amp;Channel_ID=69&amp;Category_ID=69</link><pubDate>2009-11-22T18:56:00</pubDate><description>Late last week, two American companies snatched up the market share controlled by Timothy's Coffees of the World Inc. -- a well-known Canadian chain that operates retail outlets across the country. Vermont's </description><source>Sympatico</source></item><item><title>Gold demand in Q3 up 15pc</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96241192&amp;Channel_ID=69&amp;Category_ID=69</link><pubDate>2009-11-22T18:51:00</pubDate><description>Total identifiable gold demand for the third quarter reached 800.3 tonnes, or $24.7 billion in dollar terms, up 15 per cent from the second quarter, according to a report from the World Gold Council (WGC). </description><source>Trade Arabia</source></item><item><title>Corn output seen growing in Q4</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96238395&amp;Channel_ID=69&amp;Category_ID=69</link><pubDate>2009-11-22T17:53:00</pubDate><description>BAS cites expansion of harvest area Philippine Daily Inquirer Filed Under: Economy and Business and Finance, Agriculture, Machine Manufacturing CORN production in the fourth quarter may exceed year-ago </description><source>Philippine Daily Inquirer</source></item><item><title>Rice import tenders are scrapped for now</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96216088&amp;Channel_ID=69&amp;Category_ID=69</link><pubDate>2009-11-22T07:08:00</pubDate><description>2:40 pm TWN, AFP NEW DELHI -- India has scrapped tenders to import rice, saying it has enough stocks to manage despite a harvest shortfall following the worst monsoon in almost four decades. A top-level </description><source>China Post</source></item><item><title>Gold price opens lower in Hong Kong -- Nov. 19</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96222361&amp;Channel_ID=69&amp;Category_ID=69</link><pubDate>2009-11-22T08:51:00</pubDate><description>The gold price in Hong Kong dropped 40 HK dollars to open at 10,520 HK dollars per tael on Thursday. The price is equivalent to 1,140.62 U.S. dollars a troy ounce, down 4.34 U.S. dollars at the latest </description><source>China Mining</source></item><item><title>Wheat board couldn't explain to auditor why producers' 'personal data' sent to companies: </title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96171970&amp;Channel_ID=69&amp;Category_ID=69</link><pubDate>2009-11-22T14:52:00</pubDate><description>EDT. Steve Rennie, THE CANADIAN PRESS OTTAWA - The Canadian Wheat Board, apparently for no reason, shared 'sensitive information' about farmers with companies that handle grain, says a newly released </description><source>The Peak 95.1 FM</source></item><item><title>Tungro virus hits Antique rice farms</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96227524&amp;Channel_ID=69&amp;Category_ID=69</link><pubDate>2009-11-22T10:56:00</pubDate><description>SAN JOSE, Antique ?? An estimated P8.5 million was lost in the worst tungro virus infestation that hit Antique farmlands. This estimate is based on the average of 85 sacks per hectare at P11 per kilogram </description><source>Panay News</source></item><item><title>Vedanta Aluminium to Double Alumina Output After Mine Approval</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96222374&amp;Channel_ID=69&amp;Category_ID=69</link><pubDate>2009-11-22T08:51:00</pubDate><description>Vedanta Aluminium Ltd., a unit of India's largest copper producer, plans to double alumina production once it gains approval to mine bauxite in Orissa. Approval for the mine will come 'soon,' Mukesh Kumar, </description><source>China Mining</source></item><item><title>Steel Output in China May Outpace Demand, CISA Says</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96090999&amp;Channel_ID=69&amp;Category_ID=69</link><pubDate>2009-11-22T08:51:00</pubDate><description>Steel production in China, the world's largest maker and consumer, may outpace demand growth this year, spurring exports in the last two months, the China Iron &amp; Steel Association said. Output may rise </description><source>China Mining</source></item><item><title>Gov't moves to defuse sugar cane price row</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96216103&amp;Channel_ID=69&amp;Category_ID=69</link><pubDate>2009-11-22T07:08:00</pubDate><description>2:40 pm TWN, AFP NEW DELHI -- The government promised Friday to ensure that sugar cane farmers do not suffer as it sought to defuse a major row over pricing that has stalled parliamentary proceedings. </description><source>China Post</source></item><item><title>Flashy Indian brides struggle with high gold prices</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96209921&amp;Channel_ID=69&amp;Category_ID=69</link><pubDate>2009-11-22T05:20:00</pubDate><description>NEW DELHI (AFP) For Indian brides buying jewellery, the bigger the better is the general rule, but record gold prices during this year's wedding season are forcing many to compromise. India is the world's </description><source>AFP via Yahoo!</source></item><item><title>Betting big on India: Stock market better option than gold &amp; crude</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96205583&amp;Channel_ID=69&amp;Category_ID=69</link><pubDate>2009-11-22T04:12:00</pubDate><description>In Bollywood blockbuster Ghajini, the lead actor suffers from a disastrous aliment ?? ??short-term memory loss.? The current market euphoria across the world reminds me of a similar mental state of </description><source>Economictimes</source></item><item><title>Chinese lifter Wang wins women's 48kg total gold</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96159154&amp;Channel_ID=69&amp;Category_ID=69</link><pubDate>2009-11-22T03:37:00</pubDate><description>Wang Mingjuan of China won the gold medal in the women's 48kg total at the world weightlifting championships on Saturday. Wang, 24, lifted 93kg in the snatch and 115kg in the clean and jerk to catch the </description><source>People's Daily Online</source></item><item><title>Gavin Maguire: Soybean market has full support</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96200609&amp;Channel_ID=69&amp;Category_ID=69</link><pubDate>2009-11-22T02:24:00</pubDate><description>Gavin Maguire is director of E Hedger, a commodity trading and marketing firm based in Chicago. The soybean market remained the star attraction in the grains and oilseeds arena this week, with Jan futures </description><source>Agriculture Online</source></item><item><title>Trading volume of gold declines as prices rise</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96196962&amp;Channel_ID=69&amp;Category_ID=69</link><pubDate>2009-11-22T01:09:00</pubDate><description>NEW DELHI: Investing in yellow metal may no longer be a safe haven as investors are taking a cautious call on buy and sell of gold these days. With gold prices touching an all time high, the participation </description><source>Economictimes</source></item><item><title>Gold zooms to a new high at Rs 17,600</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96179195&amp;Channel_ID=69&amp;Category_ID=69</link><pubDate>2009-11-22T01:09:00</pubDate><description>NEW DELHI: Gold prices climbed to a new high to Rs 17,600 per ten gram, maintaining its record setting spree for the sixth consecutive day today. The continuing upward spiral in the yellow metal price </description><source>Economictimes</source></item><item><title>Sugar price goes upto Rs80/kg in Peshawar</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96223175&amp;Channel_ID=69&amp;Category_ID=69</link><pubDate>2009-11-22T15:31:00</pubDate><description>PESHAWAR: Sugar crisis continues here and the commodity is being black-marketed for upto Rs80/kg. Due to the shortage of the essential food items, small shopkeepers are forced to procure the commodity </description><source>Geo Tv</source></item><item><title>Commodity prices on the rise again</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96243450&amp;Channel_ID=69&amp;Category_ID=69</link><pubDate>2009-11-22T19:37:00</pubDate><description>prices are on the rise again. Link: Search New Zealand ANZ recently took a group of top corporate and economic experts on a road show to Singapore and Hong Kong. Obesity is helping push up healthcare </description><source>Scoop</source></item><item><title>USDA projects Illinois corn yields down, Indiana up</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96243306&amp;Channel_ID=69&amp;Category_ID=69</link><pubDate>2009-11-22T19:34:00</pubDate><description>WASHINGTON ?? With harvest slowly finishing up, the U.S. Department of Agriculture adjusted corn production estimates down and soybean production up to a record yield in the latest estimates. Corn production </description><source>AGRINews</source></item><item><title>General News:Steel demand recovery favours BRIC, shuns US, EU</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96242841&amp;Channel_ID=69&amp;Category_ID=69</link><pubDate>2009-11-22T19:26:00</pubDate><description>The global steel industry's much-awaited demand recovery next year will differ widely across regions, with mature economies facing a slow and painful improvement and emerging markets enjoying a robust </description><source>ME Steel</source></item><item><title>Japan:October steel output down 12.9 pct YoY, annual output falls for 13th month </title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96242837&amp;Channel_ID=69&amp;Category_ID=69</link><pubDate>2009-11-22T19:26:00</pubDate><description>* Output rises 6.4 pct from Sept * Further recovery in output seen in November Japan's crude steel output fell 12.9 percent in October from a year earlier to 8.79 million tonnes, in its 13th successive </description><source>ME Steel</source></item></channel></rss>