Since the govt raised ethanol prices by Rs 1.50-2 a litre in Nov, several user-specific industries have started signing pacts with sugar mills for future supply
Besides, firming trend overseas also supported the upside
Speculators booked profits at prevailing levels amid easing demand in the spot market
A firm trend in base metals overseas also supported prices
Speculators enlarged positions, tracking a firming trend in spot market on increased demand from alloy-makers
Speculators enlarged positions, tracking a firming trend in Asian region
Analysts said gains would be capped with dealers squaring positions for the end of the year
Contrary to market rumours, Russia has only been adding to its gold reserves over the past two months
Cutting on imports amid Western sanctions and currency depreciation
Speculators indulged in creating positions, supported by pick up in demand in the spot market
Speculators enlarged positions, tracking a firm trend at spot market on strong demand from consuming industries
Speculators indulged in enlarging positions, driven by pick up in demand in the spot market
Speculators off-loaded their positions, tracking a weak demand from alloy-makers at domestic markets
Speculators booked profits even as metal strengthened overseas
Analysts predicted the sector has bottomed out after plunging almost 50% since June
P&K fertiliser volumes have grown to 13.3 mt in seven months of FY15 driven by relatively low opening inventory levels vis-a-vis previous years and low base effect
Only 15 tonne imported in the first half of the month due to adequate supply in the market, tepid demand
Agreement brokered by state govternmet after appeal to major firms for support, will have latter buying from the local market at 25% extra price, till end-March