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CBOT Rice Review: Ends Up On Speculative Buying

By news desk on December 05,2007

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Chicago Board of Trade rough rice futures settled higher amid modest trade as commission house-based speculative buying lifted prices higher despite the lack of any fresh news.

On daily technical charts, January settled above its 20-day moving average but ended below its 10-day moving average. January rice settled 8 1/2 cents higher to 13.04 per hundredweight .


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