MCX August Nickel shed nearly 0,3% on domestic, international cues
raders also eyed the progress of monsoon rains, which is vital to rural gold demand
Sluggish demand in the spot markets also pressurised prices
Prices down over 0,4% from previous close
Higher offtake from bulk consumers also drives futures prices
Business turnover in MCX benchmark contract was at 386 lots
Prices up nearly 0,3% from previous close
Despite higher acreage, output to decline marginally next season
A firm dollar and weaker euro also weighed on commodities priced in the U.S. currency.
The period of campaign for this scheme will be up to September 30 this year
Might go for pact with Thailand, Malaysia weak global demand hits prices
Sales remain robust & prices high markets seem to have overlooked CCI's penalty
More than a third of the world's seaborne oil exports pass through the narrow Strait of Hormuz, which Iran wants to block
US manufacturing shrank in June for the first time in nearly three years
Speculators created positions pushing prices higher
Spot market demand also pulled prices higher