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Home : World Rice Trade : Futures Trade : CBOT Rice Review: Sharply Lower On Fund, Technical Sell-off
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CBOT Rice Review: Sharply Lower On Fund, Technical Sell-off

By news desk on March 15,2007

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Chicago Board of Trade rice futures settled sharply lower as fund liquidation and technical selling pushed prices to levels not seen in almost a month.

May rice fell 42 1/2 cents to $10.315 per hundredweight and November fell 33 cents to $11.20.

Activity was range bound in early going before light technical sell stops pressured the market.


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