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Lead surges on drop in inventories
Published on Friday, August 28, 2015 3:57 PM

Lead prices rose by 0.32 per cent on Friday at the domestic markets due to the decline in the lead stockpiles at the London Metal Exchange (LME) on account of the strong demand for the commodity.

LME lead stocks fell by 1725 metric tonnes to 187400 metric tonnes as on August 28, 2015. At the MCX, Lead futures, for the August 2015 contract, is trading at Rs 111 per kg, up by 0.32 p ...

Lead surges on drop in inventories
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Surge in stocks drags down Mentha oil futures
Published on Friday, August 28, 2015 3:15 PM

Mentha oil prices fell by 0.43 per cent on Friday at the Multi Commodity Exchange (MCX) as a result of the increased arrivals of the commodity in the physical market from the major producing belts in Uttar Pradesh. At MCX, Mentha oil futures for August 2015 contract, at MCX, were trading at Rs. 958.50 per kg, down by 0.43 per cent after opening at Rs. 964.40 against the previous closing pric ...

Surge in stocks drags down Mentha oil futures
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Oil steadies after strong gains as equities rally
Published on Friday, August 28, 2015 3:36 PM

By Christopher Johnson

LONDON  - Oil prices steadied on Friday after bouncing back from six-and-a-half-year lows on recovering equities markets, strong U.S. economic growth and news of low crude supplies from Nigeria.

Oil saw its biggest one-day bounce since 2009 on Thursday, with North Sea Brent and U.S. light crude rising more than 10 ...

Oil steadies after strong gains as equities rally
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Pickup in demand lifts Castorseed futures
Published on Friday, August 28, 2015 1:15 PM

Castorseed prices rose by 0.05 per cent on Friday 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.

At the NCDEX, castor seed futures for September 2015 contract were trading at Rs. 4,062 pe ...

Pickup in demand lifts Castorseed futures
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Gold rises as traders note Japan July CPI, jobs data
Published on Friday, August 28, 2015 12:50 PM

Gold prices rose by 0.69 per cent on Friday as data from Japan pointed to relatively upbeat economic trends in July. In Japan, July national CPI was flat, a better showing than the 0.2 per cent drop seen, while the unemployment rate fell to 3.3 per cent from 3.4 per cent. Just after those data sets, Japan reported July preliminary retail sales data showed a gain of 1.6 per cent, better than ...

Gold rises as traders note Japan July CPI, jobs data
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Crude oil gains on improving demand
Published on Friday, August 28, 2015 12:42 PM

Crude oil prices rose by 2.12 per cent on Friday led by recovering equity markets and news of diminished crude supplies. Asian shares extended a global rally on Friday after upbeat US economic data calmed sentiment, with Chinese stocks jumping for the second day following a rocky start to the week.

At the MCX, crude oil futures for September 2015 contract were trading at Rs. 2,848 ...

Crude oil gains on  improving demand
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Coriander surges on strong demand outlook
Published on Friday, August 28, 2015 12:38 PM

Coriander prices rose by 0.7 per cent on Friday 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. At the NCDEX, coriander futures for September 2015 contract was trading at Rs. 10,834 per quintal, up by 0.7 per cent after opening at Rs. 10,759 against the previous closing pric ...

Coriander surges on strong demand outlook
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Good buying support lifts Cardamom futures
Published on Friday, August 28, 2015 11:44 AM

Cardamom prices rose by 0.26 per cent on Friday at the Multi Commodity Exchange (MCX) on account of good buying support from both exporters and upcountry buyers and also on hopes of improved export demand. At MCX, Cardamom futures for September 2015 contract were trading at Rs 805.50 per kg, up by 0.26 per cent, after opening at Rs. 810 against the previous closing price of Rs. 803.40. It to ...

Good buying  support lifts Cardamom futures
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Gold eyes biggest weekly drop in five on U.S. data, Fed hike view
Published on Friday, August 28, 2015 5:43 PM

By Clara Denina

LONDON  - Gold edged up on Friday but was still on track to post its biggest weekly drop in five as strong U.S. economic data supported the case for a near-term increase in interest rates.

The upward revision in U.S. economic growth in the second quarter to 3.7 percent from the initial estimate of 2.3 percent spurred mar ...

Gold eyes biggest weekly drop in five on U.S. data, Fed hike view
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