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Palladium rises to fresh 13-1/2 year high; gold eases
Published on Saturday, August 30, 2014 10:31 AM

By Frank Tang and Jan Harvey

NEW YORK/LONDON  - Palladium rose to a fresh 13-1/2-year high on Friday on worries over uncertain supplies from Russia, the world's largest producer of the metal, while gold prices eased on a dollar rise and gains in U.S. equities.

Tensions rose after Ukraine called for full membership in NATO, its stron ...

Palladium rises to fresh 13-1/2 year high; gold eases
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Gold steadies as stocks turn lower, heads for monthly gain
Published on Saturday, August 30, 2014 10:21 AM

By Jan Harvey

LONDON - Gold prices steadied on Friday, paring earlier losses as stock markets slipped lower on both sides of the Atlantic, and remained on track to end the month with a small gain.

Investors remain on edge over tensions between Russia and Ukraine after Ukraine said on Thursday that Russia had moved troops into the country. Ho ...

Gold steadies as stocks turn lower, heads for monthly gain
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Gold steady, heads for monthly gain on Ukraine tension
Published on Friday, August 29, 2014 2:42 PM

By Lewa Pardomuan

SINGAPORE  - Gold was little changed on Friday but was on track to post a monthly gain, as growing tensions between Russia and Ukraine stoked safe-haven demand for the precious metal.

And while purchases from jewellery makers have helped gold bounce from a two-month low hit last week, the bullion still lacked strength ...

Gold steady, heads for monthly gain on Ukraine tension
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Monsoon forecast to be better for crops next week
Published on Friday, August 29, 2014 11:12 AM

By Ratnajyoti Dutta

NEW DELHI  - India's monsoon is expected to provide more rain next week that will aid growth of crops sown in northwest and central areas, weather officials said on Thursday.

Once crops such as rice, corn, sugarcane, soybean and cotton are planted, they need rain at regular intervals for growth.

...

Monsoon forecast to be better for crops next week
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Mexico's Pemex aims to start importing light crude this year
Published on Thursday, August 28, 2014 4:45 PM

By David Alire Garcia and Ana Isabel Martinez

MEXICO CITY  - Mexican state-owned oil company Pemex wants to launch light crude oil imports later this year, potentially reaching up to 70,000 barrels per day (bpd) and aimed at boosting refinery output, the head of its commercial arm said.

The imports would mark an abrupt shift from a deca ...

Mexico's Pemex aims to       start     importing light crude this year
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LME Inventories Data: August 28, 2014
Published on Thursday, August 28, 2014 4:15 PM

Copper stocks +1050 MT to 148425, Aluminum Stocks -6450 MT to 4810550 MT, Nickel Stocks +456 MT to 326922 MT, Zinc Stocks +3075 MT to 735875 MT, Lead Stocks +3475 MT to 220625 MT.

...

LME Inventories Data: August 28, 2014
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Pickup in demand lifts mentha oil future
Published on Thursday, August 28, 2014 2:52 PM

Mentha oil prices rose by 0.66 per cent on Thursday at the Multi Commodity Exchange (MCX) due to tight stocks position in the physical market due to restricted arrivals from producing belts. Sentiment improved further as traders engaged in creating positions on account of good demand from consuming industries and lower arrivals from Chandausi in Uttar Pradesh.

At MCX, Mentha oil f ...

Pickup in demand lifts mentha oil future
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Increased demand, lower supplies lifts cardamom future
Published on Thursday, August 28, 2014 2:52 PM

Cardamom prices rose by 0.42 per cent on Thursday 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. Sentiment improved further as a result of firm demand in the market against restricted arrivals from producing belts of Chandausi in Uttar Pradesh.

At MCX, Cardamom futures fo ...

Increased demand, lower supplies lifts cardamom future
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CCI approves continuation of production of urea from MFL
Published on Thursday, August 28, 2014 1:32 PM

The Cabinet Committee on Economic Affairs (CCI) on Wednesday approved the continuation of production of urea from Madras Fertilizers Limited after June 2014 by using existing feedstock naphtha for three months.

Chaired by Narendra Modi, the committee gave nod to the continuation of production of urea from Madras Fertilizers Limited (MFL) – Manali, Manglore Chemicals and Fert ...

CCI approves continuation of production of urea from MFL
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