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Crude oil gains after China GDP data
Published on Tuesday, October 21, 2014 5:20 PM

Crude oil prices rose by 0.45 per cent on Tuesday at the domestic markets after data showed that third quarter growth in China slightly exceeded expectations which raised the demand outlook for the fuel. China’s economy expanded at an annual rate of 7.3 per cent in the third quarter, down from a growth of 7.5 per cent in the preceding quarter.

The figure exceeded market expe ...

Crude oil gains after China GDP data
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Weak Japan data drag down Zinc futures
Published on Tuesday, October 21, 2014 5:18 PM

Zinc prices fell by 1.15 per cent on Tuesday at the domestic markets after Japanese Ministry of Economy, Trade and Industry said that Japan’s All Industries Activity Index fell to a seasonally adjusted -0.1 per cent, from -0.2 per cent in the preceding month indicating weak sentiment in the region which reduced the demand outlook for the metal. Zinc futures for October 2014 contract, a ...

Weak Japan data drag down     Zinc futures
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Declining demand outlook drags down Lead futures
Published on Tuesday, October 21, 2014 5:16 PM

Lead prices fell by 0.12 per cent on Tuesday 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 October 2014 contract, is trading at Rs 122.75 per kg, down by 0.12 per cent, after opening at Rs 122.85, against a previous close of Rs 122.90. It touched an in ...

Declining demand outlook drags down Lead futures
58491
LME Inventories Data: October 21, 2014
Published on Tuesday, October 21, 2014 2:56 PM

Copper stocks -100 MT to 157625, Aluminum Stocks -10150 MT to 4497350 MT, Nickel Stocks +630 MT to 377136 MT, Zinc Stocks -1650 MT to 719925 MT, Lead Stocks 0 MT to 224700 MT.

...

LME Inventories Data: October 21, 2014
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Oil prices hold near $86 on China oil demand rise
Published on Tuesday, October 21, 2014 4:08 PM

By Christopher Johnson

LONDON - Brent crude oil held near $86 a barrel on Tuesday on news of robust Chinese oil demand, although gains were capped by oversupply and concerns over the health of the rest of the global economy.

Implied oil demand in the world's largest energy consumer jumped 6.2 percent in September from August to 10.3 mill ...

Oil prices hold near $86 on China oil demand rise
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Castorseed gains on increase in demand
Published on Tuesday, October 21, 2014 1:42 PM

Castorseed prices rose by 0.89 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. At the NCDEX, castor seed futures for November 2014 contract were trading at Rs. 4,530 per quintal t ...

Castorseed gains on increase in demand
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Limited stocks lift Coriander futures
Published on Tuesday, October 21, 2014 12:11 PM

Coriander prices rose by 1 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. At the NCDEX, coriander futures for November 2014 contract was trading at Rs. 12,070 per quintal, up by 1 per cent after opening at Rs. 11,907 against the previous closing price of ...

Limited stocks lift Coriander    futures
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Slowing China growth weighs on Copper
Published on Tuesday, October 21, 2014 11:24 AM

Copper futures were trading flat in the domestic market on Tuesday as investors and speculators stayed cautious over booking fresh positions in the industrial metal amid concerns that a deepening economic slowdown in China, the world’s biggest metals consumer, may curb demand for the base metal. China’s economy grew at the slowest pace since Q1 2009 at 7.3 per cent, year on year ...

Slowing China growth weighs on Copper
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Slim losses for Oil ahead of supplies data
Published on Tuesday, October 21, 2014 11:20 AM

Crude oil futures were trading tad lower in the domestic market on Tuesday as investors and speculators stayed cautious over booking fresh positions in the energy commodity ahead of data which may show that US crude supplies rose last week, signaling weak demand for the fuel in the world’s biggest oil consumer. US crude oil stockpiles likely climbed 3 million barrels last week, the EIA ...

Slim losses for Oil ahead of supplies data
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