Strong China demand outlook lifts Copper futures
23/09/2014 16:42
Copper prices rose by 0.17 per cent on Tuesday at the domestic markets after HSBC said that its gauge measuring China manufacturing climbed to 50.5 in September from 50.2 in August, with a reading above 50 signaling expansion indicating improving manufacturing activity in China, the world’s biggest metals user which raised the demand outlook for industrial metals.
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Zinc rises on falling stockpiles
23/09/2014 16:16
Zinc prices rose by 0.26 per cent on Tuesday at the domestic markets due to the decline in the zinc stockpiles at the London Metal Exchange (LME) on account of the strong demand for the commodity. LME zinc stocks fell by 25 metric tonnes to 752675 metric tonnes as on September 23, 2014. Zinc futures for September 2014 contract
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Lead falls on weak industrial demand
23/09/2014 15:45
Lead prices fell by 0.16 per cent on Tuesday at the domestic markets as a result of weak demand for the commodity from battery-maker in the spot market in the midst of low overseas trend.
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Strong demand lifts Mentha oil futures
23/09/2014 14:43
Mentha oil prices rose by 0.35 per cent on Tuesday at the Multi Commodity Exchange (MCX) due to tight stocks position in the physical market due to restricted arrivals from producing belts
Castorseed rises by 0.62% on restricted arrivals
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23/09/2014 12:39
Castorseed prices rose by 0.62 per cent on Tuesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the rise in demand from consuming industries against restricted arrivals in domestic markets which in turn encouraged the investors to enlarge their holdings
China manufacturing data lifts Copper
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23/09/2014 11:49
Copper futures rose in the domestic market on Tuesday as investors and speculators booked fresh positions in the industrial metal tracking a firm trend in the overseas market as manufacturing in China, the world’s biggest metals user, expanded at a sharper clip this month, easing concerns over a slowdown in the world’s second biggest economy, lifting the demand outlook for industrial metals. HSBC said that its gauge measuring China manufacturing climbed to 50.5 in September from 50.2 in August, with a reading above 50 signaling expansion
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Yellow metal lower on weak investment demand
23/09/2014 11:46
Gold futures fell in the domestic market on Tuesday as investors and speculators exited positions in the precious metal tracking a weak trend in the overseas market as a stronger dollar curbed the demand for the yellow metal as an alternative asset. Stronger greenback makes gold more expensive for those holding other currencies, thus dimming demand. Holdings in the SPDR Gold Trust, the biggest bullion-backed exchange traded product (ETP) declined to the lowest level since December 2008, falling to 774.65 metric tons, signaling weaker investment demand for gold.
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Oil rebounds on China factory strength
23/09/2014 11:41
Crude oil futures rose in the domestic market on Tuesday as investors and speculators booked fresh positions in the energy commodity tracking a firm trend in the overseas market as manufacturing in China expanded at a sharper clip this month, easing concerns over a slowdown in the world’s second biggest economy, lifting the demand outlook for the fuel. HSBC said that its gauge measuring China manufacturing climbed to 50.5 in September from 50.2 in August, with a reading above 50 signaling expansion
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Coriander gains by 0.89% on limited stocks
23/09/2014 11:38
Coriander prices rose by 0.89 per cent on Tuesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the limited stocks on account of restricted arrivals from the major growing belts
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Adequate stocks availability drag down Cardamom futures
23/09/2014 10:56
Cardamom prices fell by 0.55 per cent on Tuesday at the Multi Commodity Exchange (MCX) due to the adequate stocks availability in the physical market on account of higher supply from the producing belts of Chandausi in Uttar Pradesh
23/09/2014 16:42
Copper prices rose by 0.17 per cent on Tuesday at the domestic markets after HSBC said that its gauge measuring China manufacturing climbed to 50.5 in September from 50.2 in August, with a reading above 50 signaling expansion indicating improving manufacturing activity in China, the world’s biggest metals user which raised the demand outlook for industrial metals.
***************************************************************************************************
Zinc rises on falling stockpiles
23/09/2014 16:16
Zinc prices rose by 0.26 per cent on Tuesday at the domestic markets due to the decline in the zinc stockpiles at the London Metal Exchange (LME) on account of the strong demand for the commodity. LME zinc stocks fell by 25 metric tonnes to 752675 metric tonnes as on September 23, 2014. Zinc futures for September 2014 contract
***************************************************************************************************
Lead falls on weak industrial demand
23/09/2014 15:45
Lead prices fell by 0.16 per cent on Tuesday at the domestic markets as a result of weak demand for the commodity from battery-maker in the spot market in the midst of low overseas trend.
***************************************************************************************************
Strong demand lifts Mentha oil futures
23/09/2014 14:43
Mentha oil prices rose by 0.35 per cent on Tuesday at the Multi Commodity Exchange (MCX) due to tight stocks position in the physical market due to restricted arrivals from producing belts
Castorseed rises by 0.62% on restricted arrivals
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23/09/2014 12:39
Castorseed prices rose by 0.62 per cent on Tuesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the rise in demand from consuming industries against restricted arrivals in domestic markets which in turn encouraged the investors to enlarge their holdings
China manufacturing data lifts Copper
***************************************************************************************************
23/09/2014 11:49
Copper futures rose in the domestic market on Tuesday as investors and speculators booked fresh positions in the industrial metal tracking a firm trend in the overseas market as manufacturing in China, the world’s biggest metals user, expanded at a sharper clip this month, easing concerns over a slowdown in the world’s second biggest economy, lifting the demand outlook for industrial metals. HSBC said that its gauge measuring China manufacturing climbed to 50.5 in September from 50.2 in August, with a reading above 50 signaling expansion
***************************************************************************************************
Yellow metal lower on weak investment demand
23/09/2014 11:46
Gold futures fell in the domestic market on Tuesday as investors and speculators exited positions in the precious metal tracking a weak trend in the overseas market as a stronger dollar curbed the demand for the yellow metal as an alternative asset. Stronger greenback makes gold more expensive for those holding other currencies, thus dimming demand. Holdings in the SPDR Gold Trust, the biggest bullion-backed exchange traded product (ETP) declined to the lowest level since December 2008, falling to 774.65 metric tons, signaling weaker investment demand for gold.
***************************************************************************************************
Oil rebounds on China factory strength
23/09/2014 11:41
Crude oil futures rose in the domestic market on Tuesday as investors and speculators booked fresh positions in the energy commodity tracking a firm trend in the overseas market as manufacturing in China expanded at a sharper clip this month, easing concerns over a slowdown in the world’s second biggest economy, lifting the demand outlook for the fuel. HSBC said that its gauge measuring China manufacturing climbed to 50.5 in September from 50.2 in August, with a reading above 50 signaling expansion
***************************************************************************************************
Coriander gains by 0.89% on limited stocks
23/09/2014 11:38
Coriander prices rose by 0.89 per cent on Tuesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the limited stocks on account of restricted arrivals from the major growing belts
***************************************************************************************************
Adequate stocks availability drag down Cardamom futures
23/09/2014 10:56
Cardamom prices fell by 0.55 per cent on Tuesday at the Multi Commodity Exchange (MCX) due to the adequate stocks availability in the physical market on account of higher supply from the producing belts of Chandausi in Uttar Pradesh
