19th November 2008, 06:46 am
Editor: zoeyzhangy
18 Nov 2008 13:22:11 GMT
Nov. 18, 2008 (China Knowledge) – Agricultural Bank of China (ABC), one of the country’s Big Four state-owned banks, plans to add RMB 50 billion worth of loans to its current RMB 360 billion credit quota by the end of this year, the official Xinhua News reported.
According to Xiang Junbo, president of ABC, the newly added loans will be used to support major agriculture-related projects, after-quake reconstruction, development of small and medium enterprises (SMEs), infrastructure construction in the rural areas and mortgage loans for housing and cars, etc.
Earlier this month, in response to the Chinese government’s RMB 4-trillion-plan, China Development Bank, China Construction Bank (CCB)<601939><939> and Agricultural Development Bank of China (ADBC) have announced their plans to add RMB 40 billion, RMB 50 billion and RMB 55 billion worth of loans respectively by the end of this year.
17th November 2008, 10:04 am
Editor: Zoe Zhang
17 Nov 2008 10:14:27 GMT
Nov. 17, 2008 (China Knowledge) – Agricultural Development Bank of China (ADBC), one of the three policy banks in China, will add RMB 55 billion worth of loans by the end of this year in a bid to boost the domestic demand, sources reported.
RMB 35 billion worth of loans will be used to ensure the country’s procurement of grain and cooking oil; RMB 14 billion will be used for the infrastructure projects in rural areas, such as methane fuel, drinking water, road construction, power grid and reservoir consolidation, etc. The remaining RMB 6 billion will be used as loans for leading industrial enterprises and state-level fertilizer reserve.
Last week, Agricultural Development Bank of China (ADBC) announced that it will issue RMB 12 billion worth of seven-year fixed-rate financial bonds this Tuesday, according to China Knowledge’s earlier report.
Earlier this month, China Development Bank and China Construction Bank (CCB)<601939><939> announced plans to add RMB 40 billion and RMB 50 billion worth of loans respectively by the end of this year, sources reported.
16th November 2008, 07:41 am
Editor: Sharon Li
14 Nov 2008 07:42:37 GMT
SINGAPORE –Japan’s Ministry of Agriculture, Forestry and Fisheries has bought 100,000 metric tons of U.S. wheat in a tender concluded Thursday, an agriculture ministry official said.
The shipment is expected to arrive between Dec. 21 and Jan. 31. The details are as follows:
-By Prasenjit Bhattacharya, Dow Jones Newswires; 65 64154 085; prasenjit.bhattacharya@dowjones.com
13th November 2008, 08:25 am
Editor: Zoe Zhang
13 Nov 2008 10:21:18 GMT
Nov. 13, 2008 (China Knowledge) – Agricultural Development Bank of China (ADBC) announced on Thursday that it will issue RMB 12 billion worth of 7-year fixed-rate financial bonds next Tuesday, sources reported.
The lender said in a statement released today that the value date and payment due day both starts from Nov. 24, 2008, and yield will be paid annually.
After the primary bidding, ADBC has the option to add no more than RMB 6 billion to the issue.
This is the nineteenth batch of financial bonds of ADBC in 2008, which plans to issue RMB 200 billion worth of medium and long-term bonds and RMB 60 billion worth of short-term notes for the whole year.
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7th November 2008, 08:40 am
Editor: Crayon Zhang
7 Nov 2008 04:32:11 GMT
PRICE CHANGE %CHANGE TIME COCOA FUTURE – LI (GBP/MT) 1260 -5 -0.4 6-Nov COCOA FUTURE (USD/MT) 1934 -55 -2.77 6-Nov COFFEE ‘C’ FUTURE (USd/lb.) 111 -5.4 -4.64 6-Nov CORN FUTURE (USd/bu.) 383.5 5.5 1.46 22:41 COTTON NO.2 FUTR (USd/lb.) 42.98 -1.33 -3 6-Nov FCOJ-A FUTURE (USd/lb.) 84.9 -0.5 -0.59 6-Nov SOYBEAN FUTURE (USd/bu.) 914.75 8.75 0.97 22:59 SOYBEAN MEAL FUTR (USD/T.) 266.3 3.5 1.33 22:59 SOYBEAN OIL FUTR (USd/lb.) 34.44 0.27 0.79 22:59 SUGAR #11 (WORLD) (USd/lb.) 11.87 -0.77 -6.09 6-Nov WHEAT FUTURE(CBT) (USd/bu.) 523.75 1.25 0.24 22:49 WHEAT FUTURE(KCB) (USd/bu.) 565 2 0.36 22:31
7th November 2008, 08:40 am
Editor: Crayon Zhang
6 Nov 2008 02:01:32 GMT
PRICE CHANGE %CHANGE TIME COCOA FUTURE (USD/MT) 1973 -26 -1.3 5-Nov COCOA FUTURE – LI (GBP/MT) 1265 -32 -2.47 5-Nov COFFEE ‘C’ FUTURE (USd/lb.) 116.4 -0.3 -0.26 5-Nov CORN FUTURE (USd/bu.) 388.5 -1.75 -0.45 20:44 COTTON NO.2 FUTR (USd/lb.) 44.31 -2.01 -4.34 5-Nov FCOJ-A FUTURE (USd/lb.) 85.4 2.55 3.08 5-Nov SOYBEAN FUTURE (USd/bu.) 908.25 4.25 0.47 20:44 SOYBEAN MEAL FUTR (USD/T.) 266.4 1.4 0.53 20:43 SOYBEAN OIL FUTR (USd/lb.) 34.03 0.01 0.03 20:43 SUGAR #11 (WORLD) (USd/lb.) 12.64 -0.07 -0.55 5-Nov WHEAT FUTURE(CBT) (USd/bu.) 536.5 -0.75 -0.14 20:42 WHEAT FUTURE(KCB) (USd/bu.) 575 -1.75 -0.3 20:10
7th November 2008, 08:39 am
Editor: Crayon Zhang
5 Nov 2008 01:51:28 GMT
PRICE CHANGE %CHANGE TIME COCOA FUTURE (USD/MT) 1999 30 1.52 4-Nov COCOA FUTURE – LI (GBP/MT) 1297 7 0.54 4-Nov COFFEE ‘C’ FUTURE (USd/lb.) 116.7 4.35 3.87 4-Nov CORN FUTURE (USd/bu.) 413.5 0.5 0.12 20:14 COTTON NO.2 FUTR (USd/lb.) 46.32 1.64 3.67 4-Nov FCOJ-A FUTURE (USd/lb.) 82.85 1.7 2.09 4-Nov SOYBEAN FUTURE (USd/bu.) 960 1 0.1 20:14 SOYBEAN MEAL FUTR (USD/T.) 278.6 0.8 0.29 20:14 SOYBEAN OIL FUTR (USd/lb.) 36.07 0.1 0.28 20:14 SUGAR #11 (WORLD) (USd/lb.) 12.71 0.53 4.35 4-Nov WHEAT FUTURE(CBT) (USd/bu.) 571.5 -1 -0.17 19:55 WHEAT FUTURE(KCB) (USd/bu.) 609 0 0 19:24
7th November 2008, 08:38 am
Editor: Crayon Zhang
4 Nov 2008 02:30:03 GMT
PRICE CHANGE %CHANGE TIME COCOA FUTURE (USD/MT) 1969 -84 -4.09 3-Nov COCOA FUTURE – LI (GBP/MT) 1290 -32 -2.42 3-Nov COFFEE ‘C’ FUTURE (USd/lb.) 112.35 -0.65 -0.58 3-Nov CORN FUTURE (USd/bu.) 399.75 -3.25 -0.81 20:43 COTTON NO.2 FUTR (USd/lb.) 44.68 0.39 0.88 3-Nov FCOJ-A FUTURE (USd/lb.) 81.15 0.85 1.06 3-Nov SOYBEAN FUTURE (USd/bu.) 939.5 2 0.21 20:44 SOYBEAN MEAL FUTR (USD/T.) 274.8 -0.4 -0.15 20:44 SOYBEAN OIL FUTR (USd/lb.) 34.75 0.01 0.03 20:41 SUGAR #11 (WORLD) (USd/lb.) 12.18 0.16 1.33 3-Nov WHEAT FUTURE(CBT) (USd/bu.) 556.75 -5.25 -0.93 20:43 WHEAT FUTURE(KCB) (USd/bu.) 593.25 -4.5 -0.75 20:43
7th November 2008, 08:38 am
Editor: Crayon Zhang
3 Nov 2008 01:24:14 GMT
PRICE CHANGE %CHANGE TIME COCOA FUTURE (USD/MT) 2053 -31 -1.49 31-Oct COCOA FUTURE – LI (GBP/MT) 1322 -4 -0.3 31-Oct COFFEE ‘C’ FUTURE (USd/lb.) 113 2 1.8 31-Oct CORN FUTURE (USd/bu.) 399.25 -2.25 -0.56 20:00 COTTON NO.2 FUTR (USd/lb.) 44.29 -0.8 -1.77 31-Oct FCOJ-A FUTURE (USd/lb.) 80.3 -3.4 -4.06 31-Oct SOYBEAN FUTURE (USd/bu.) 929.75 -3.25 -0.35 19:57 SOYBEAN MEAL FUTR (USD/T.) 277.1 4.1 1.5 19:57 SOYBEAN OIL FUTR (USd/lb.) 34.02 0.42 1.25 19:59 SUGAR #11 (WORLD) (USd/lb.) 12.02 0.17 1.43 31-Oct WHEAT FUTURE(CBT) (USd/bu.) 540 3.75 0.7 19:58 WHEAT FUTURE(KCB) (USd/bu.) 578 5 0.87 19:38
7th November 2008, 08:37 am
Editor: Sharon Li
5 Nov 2008 06:10:22 GMT
BRUSSELS –The European Union has started talks with Switzerland aimed at freeing up trade in farm produce, the E.U.’s executive commission said Tuesday.
The negotiations will aim to end tariffs on all agricultural produce sold between the two regions, as well as increase cooperation on food and feed safety.
In 2007, the E.U. sold EUR4.7 billion, or 7%, of its farm produce to Switzerland, while Switzerland sold EUR2.7 billion, or 70% of its produce to the E.U.
-By Carolyn Henson, Dow Jones Newswires; 32 2 741 1480; carolyn.henson@dowjones.com
