The Hindu Business Line : Sunday, May 21, 2006

NCDEX to launch metal futures
The National Commodity & Derivatives Exchange Ltd (NCDEX) has said it is launching futures contracts in zinc ingot, aluminium ingot and nickel cathode from Monday. Zinc ingot contracts, nickel cathode and aluminium contracts ... More

RUBBER

Spot rubber stays firm
Spot rubber closed steady on Saturday. RSS 4 closed at Rs 100 a kg both at Kottayam and Kochi as on Friday. The market activities were narrow since the international markets kept the shutters down on Saturday as usual. Nobody came forward ... More

TECHNICAL ANALYSIS

NY cotton may test support level
New York cotton futures ended lower on speculative selling with more liquidation by funds and weakness in other commodity markets pushing fibere contracts lower. The Active July contract moved sharply lower against our expectations. Prices ... More

GOLD & SILVER

Gold dips by Rs 33/gm
Precious metals continued to rule weak on the local bullion market on Saturday on some offerings amid continued weak overseas market. Standard gold prices were down Rs 330 to Rs 9,780 per 10 gm from the previous close of Rs 10,110 a kg. Pure ... More

OILSEEDS & EDIBLE OIL

Poor buying hits imported oils
All major edible oils remained steady on the local edible oil market on Saturday on lack of fresh buying interest. Imported crude soya oil weakened further on poor buying interest. Castor oil commercial grade was steady at Rs 326 per 10 kg. ... More

COMMODITY MARKETS

`Will not sell any commodity despite the fall'
I am not selling any commodities, even if they go down 30-40 per cent because they will be going back up later. -- INVESTMENT GURU JIM ROGERS More