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Zinc falls by 0.28% on weak demand
Published on Wednesday, July 23, 2014 5:35 PM

Zinc prices fell by 0.28 per cent on Wednesday at the domestic markets after Japanese Ministry of Economy, Trade and Industry said that Japan’s All Industries Activity Index rose less-than-expected to a seasonally adjusted 0.6 per cent, from -4.6 per cent in the preceding month whose figure was revised down from -4.3 per cent which reduced the demand outlook for the metal.

Z ...

Zinc falls by 0.28% on weak demand
51949
Lead falls by 0.53% on low demand
Published on Wednesday, July 23, 2014 5:27 PM

Lead prices fell by 0.53 per cent on Wednesday at the domestic markets as a result of low demand for the commodity from battery-maker in the spot market in the midst of weak overseas trend.

At the MCX, Lead futures, for the July 2014 contract, is trading at Rs 132.10 per kg, down by 0.53 per cent, after opening at Rs 132.80, against a previous close of Rs 132.80. It touched an int ...

Lead falls by 0.53% on low demand
51946
Castorseed falls by 0.27% on higher arrivals
Published on Wednesday, July 23, 2014 5:21 PM

Castorseed prices fell by 0.9 per cent on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of fresh supply of the commodity in the major mandies as well as strong production estimates.

At the NCDEX, castor seed futures for August 2014 contract was trading at Rs. 4,130 per quintal tonnes, down by 0.27 per cent, after opening at Rs. 4,164 ag ...

Castorseed falls by 0.27% on higher arrivals
51943
Gold steadies as buoyant equities balance Ukraine tensions
Published on Wednesday, July 23, 2014 4:18 PM

By Jan Harvey

LONDON  - Gold steadied on Wednesday after the previous day's drop, supported by simmering conflict in Ukraine and the Middle East, but under pressure from buoyancy in stock markets after positive U.S. data and corporate earnings.

Sluggish physical demand in Asia in the seasonally quiet summer period is also weakening ...

Gold steadies as buoyant equities balance Ukraine tensions
51936
Coriander falls by 0.5% on low demand
Published on Wednesday, July 23, 2014 3:58 PM

Coriander prices fell by 0.5 per cent on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the adequate stocks availability in the physical market put pressure on coriander prices.

At the NCDEX, coriander futures for August 2014 contract were trading at Rs. 11,876 per quintal, down by 0.5 per cent, after opening at Rs. 11,882 against the previous cl ...

Coriander falls by 0.5% on low demand
51932
Weak demand, higher arrivals drag down Mentha oil futures
Published on Wednesday, July 23, 2014 3:31 PM

Mentha oil prices fell by 0.55 per cent on Wednesday 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 July 2014 contract, at MCX, were trading at Rs. 708.50 per kg, down by 0.55 per cent after opening at Rs. 709.80 against the previous ...

Weak       demand, higher arrivals drag     down Mentha oil      futures
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LME Inventories Data: July 23, 2014
Published on Wednesday, July 23, 2014 3:29 PM

Copper stocks -825 MT to 156300, Aluminum Stocks -7650 MT to 4930475 MT, Nickel Stocks -498 MT to 310716 MT, Zinc Stocks -450 MT to 655825 MT, Lead Stocks -375 MT to 213350 MT.

...

LME Inventories Data: July 23, 2014
51930
Crude oil falls by 0.26% on weak demand outlook
Published on Wednesday, July 23, 2014 1:56 PM

Crude oil prices fell by 0.26 per cent on Wednesday at the domestic markets after U.S. API weekly crude stocks fell less-than-expected last week, official data showed on Tuesday indicating that the demand for the commodity in US, world’s largest consumer of crude oil is weak.

American Petroleum Institute said that U.S. API Weekly Crude Stock fell to -0.555M, from -4.800M in ...

Crude oil falls by 0.26% on weak demand outlook
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Gold gains by 0.23% on weak dollar
Published on Wednesday, July 23, 2014 1:56 PM

Gold prices rose by 0.23 per cent on Wednesday at the domestic markets as investors looked for fresh demand cues following U.S. data overnight that pointed to steady prices. Sentiment improved further as weaker dollar raised the appeal of the bullion as an alternative asset.

Weaker dollar makes the precious metal cheaper for those holding other currencies, thus increasing demand. ...

Gold gains by 0.23% on weak dollar
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