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ADMISI
Production fall in Malaysia pushes up rates for edible oilAnother upside movement could be seen in next one-two months due to lower production of palm oil, said Tushar Rathod, analyst at ADMISI Com...- Traders may bet on turmeric futures as stocks disappointRetail traders with a highrisk appetite could play in turmeric futures to rake in gross profit of up to 40% in less than two months.
- Price correction in crude, gold and silver contracts have driven out retail investorsThe relentless price correction in crude oil, gold over the past month has forced retail investors to withdraw from the commodity market.
- D-Street's bullish turn on dollar hits bets on Rupee hardStock and commodity market brokers who run a significant number of proprietary trades in exchange-traded currencies derivatives are said to...
- Futures contracts of many farm products trading below spot prices“The discount in futures is a reflection of markets factoring in expectations of a better-than-anticipated monsoon,” said Jayant Manglik.
- Commodities a short term buying amid plunging China stocks; fall in rupee to hold keyFears of a slowdown in China and the sustained fall in its stock market has created bearish sentiment towards commodities.
- Commodity futures traders making cautious bets through 'spread contract'Amid fears of poor monsoon and depletion of old stocks, a few wealthy investors have begun taking cautious bets in commodity futures.
- Rupee retreats from 3-week high vs US dollar ahead of BudgetThe rupee resumed lower at 61.85 per dollar as against the yesterday's closing level of 61.75 per dollar at the Interbank Foreign Exchange ...
- Rupee zooms 50 p vs dollar to nearly 4-week high on strong stocksThe rupee today climbed by 50 paise to nearly four-week high of 62.67 against the greenback on persistent selling of dollars by banks.
- Gold climbs after reports of US strikes on ISIS militantsGold for October delivery on the MCX was up at Rs 26,669 per 10 gm. Spot gold overseas rose to $1,225 an ounce.
- Gold for June delivery up marginally, prices expected to declineThe August contract, at Rs 25,919, traded at a Rs 922 discount to the June contract. This indicates that on Friday the futures market expec...
- FMC reduces staggered delivery period in 18 agri commodities, move may help boost volumesFMC has reduced the staggered delivery period, introduced last June to prevent excessive speculation in near-month farm contracts.
- Tepid trading caps base metal turnoverGlobal economic uncertainties result in narrow-range trading in April-August period.
- 'BUY' or 'SELL' recommendation on commoditiesMoody's cut Portugal's credit standing to junk and issued further warnings has led to Industrial commodities on the lower side.
- Commodities recover, prices may correct again“My guess is that bullion and energy would consolidate over the next few months,” said Viral Shah, Sr VP of Geojit Comtrade.
- UK's ADM Investor gets FIPB nod for Admisi buyADM Investor Services International (UK) has got the Foreign Investment Promotion Board's (FIPB) nod to buy 100% in Admisi Commodities.
- Prices unlikely to drop below $90Crude oil prices, which are on the boil, are expected to consolidate at the current levels with a drop below $90 unlikely if the current fu...
- Low US demand puts pressure on copper, zincIndustrial metals copper, zinc and nickel are expected to remain under pressure on dampening housing demand in the US.
- Low US demand puts pressureon copper, zincIndustrial metals copper, zinc and nickel are expected to remain under pressure.
- UK fin co ties up with MAPE for brokerage bizADM Investor Services International , a London-based financial services firm, has joined hands with MAPE Advisory Group to set up a domesti...
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