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Mentha Oil surges on firm physical demand
Published on Monday, May 30, 2016 5:37 PM

Mentha Oil futures jumped during evening trade in the domestic market on Monday as investors and speculators booked fresh positions in the agri- commodity amid a pickup in physical demand for mentha oil from major consuming industries in the domestic spot market.

Further, restricted arrivals in the physical market from major producing belts in Uttar Pradesh also exerted upward pre ...

Mentha Oil  surges on firm physical  demand
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Natural Gas in reverse gear on weather outlook
Published on Monday, May 30, 2016 5:50 PM

Natural gas futures plunged almost 1 per cent during evening trade in the domestic market on Monday as investors and speculators exited positions in the energy commodity amid fears that mild weather in the US in the near-term may curb the demand for the heating fuel. Updated weather forecasts called for mild weather in the US over the next two weeks, curbing gas-fired heating consumption at ...

Natural Gas in reverse gear on weather outlook
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Lead up on firm physical demand
Published on Monday, May 30, 2016 4:14 PM

Lead futures were trading higher during noon trade in the domestic market on Monday as investors and speculators booked fresh positions in the industrial metal amid a pickup in physical demand for Lead from battery-makers in the domestic spot market.

Further, hopes that an improving US economy may also lift the demand for the industrial metal also buoyed lead as US economic growth ...

Lead up  on firm physical  demand
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Mentha oil up by 0.81 % amidst tight stock
Published on Monday, May 30, 2016 4:12 PM

Mentha oil prices rose by 0.81 per cent on Monday at the Multi Commodity Exchange (MCX) due to tight stocks position in the physical market due to restricted arrivals from producing belts. At MCX, Mentha oil futures for May 2016 contract, at MCX, were trading at Rs. 860.70 per kg, up by 0.81 per cent after opening at Rs. 853.90 against the previous closing price of Rs. 853.80.

It ...

Mentha oil up by 0.81 % amidst tight stock
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Oil prices dip as Iraq raises exports
Published on Monday, May 30, 2016 3:53 PM

By Ron Bousso

LONDON  - Oil prices dipped to around $49 a barrel on Monday as Iraq raised its crude exports target ahead of an OPEC meeting while Canadian production was set to restart after huge wildfires.

Attention turned to a meeting by the Organization of the Petroleum Exporting Countries (OPEC) in Vienna this week, although most an ...

Oil prices dip as Iraq raises exports
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Nickel tad lower on soft physical demand
Published on Monday, May 30, 2016 2:41 PM

Nickel futures were trading tad lower during noon trade in the domestic market on Monday as investors and speculators stayed cautious over booking fresh positions in the industrial metal amid sluggish physical demand for nickel, from alloy-makers in the domestic spot market. Fears that a worsening economic slowdown in China, the world’s biggest metals consumer, may curb demand also wei ...

Nickel tad lower on soft physical demand
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Stronger dollar takes toll on Silver
Published on Monday, May 30, 2016 12:44 PM

Silver futures plunged during morning trade in the domestic market on Monday as investors and speculators exited positions in the precious metal tracking a bearish trend in the overseas market as a stronger dollar curbed the lure for the bullion as an alternative asset. Stronger greenback makes silver more expensive for those holding other currencies, thus dimming demand.

The doll ...

Stronger  dollar  takes toll on  Silver
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Zinc logs slim gains on physical demand
Published on Monday, May 30, 2016 12:42 PM

Zinc futures were trading higher during morning trade in the domestic market on Monday amidst firm physical demand for zinc in the domestic spot market, while traders weighed a mixed batch of US economic data and rising speculation that the US Federal Reserve may raise interest rates as early as next month.

While US economic growth in the first quarter was revised up to 0.8 per ce ...

Zinc  logs slim gains  on physical demand
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Copper bites the dust on China fears
Published on Monday, May 30, 2016 12:40 PM

Copper futures retreated during morning trade in the domestic market on Monday as investors and speculators exited positions in the industrial metal amid fears that a worsening economic slowdown in China, the world’s biggest copper consumer, may curb demand. China’s industrial profits growth weakened to 4.2 per cent, year on year, in April 2016 from 11.1 per cent in March 2016, a ...

Copper  bites the  dust on China  fears
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