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Indian Broker Association
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IBA
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Govt. to launch dedicated programme to promote Pulses and Oilseed
The government has taken an initiative to launch a dedicated programme to promote the sowing of key agri commodities. This step has been taken as it is concerned over the drastic fall in pulses and oilseeds production across the globe which has affected the domestic market. Continue.........For more information visit:-http://goo.gl/HiZ8Dp
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Nymex crude ends lower on strength in dollar
The expiring crude futures for December delivery, extending the weakness ended lower on Nymex on Friday after a muted trading, as a stronger dollar weighed on oil and other commodities. However, the Brent oil settled 1 percent higher on pre-weekend short-covering.Continue.......For more information visit:-http://goo.gl/nUJPwt
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Govt. Offloaded 5,366 tons Seized Pulses in Markets
The government has offloaded over 5,366 tons of pulses in the markets so far out of a total 1.32 lakh tons (LT) seized till November 17, 2015, from hoarders in raids conducted by the states. This step has been taken with an aim at boosting supply and easing prices.Continue.........For more information visit:-http://goo.gl/tYYGqq
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Vegetable oil Imports Reach Record High at 14.61 mt in 2014-15
Indian vegetable oil imports touched a record 14.61 mt in oil year ended October 2014-15, on sharp jump in shipments of palm oils, buoyed by lower prices, as per the data of Solvent Extractors  Association of India (SEA).Continue........For more information visit:-http://goo.gl/cMxCUv
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Tea Production in Sept. declined by 5.42 pc than last year
The production of tea in the country stood at 148.81 million kg in September as adverse weather affected plucking in the key north-eastern region, as per data compiled by Tea Board. This is a decline of 5.42% as compared to a production of 157.33 million kg from a year earlier.Continue.......For more information visit:-http://goo.gl/cl2sTX
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Mentha oil futures traded higher on MCX
Mentha oil futures traded marginally higher on MCX as traders created fresh positions, driven by pick-up in demand from consuming industries in the spot markets. Further, restricted supplies from Chandausi in Uttar Pradesh also supported mentha oil prices uptrend.Continue........For more information visit:-
http://goo.gl/XiLnO3
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Gold Demand During July-Sept Period Increased by 13 pc
Indian Gold demand during the July-September period increased by 13% to 268.1 tons mainly due to softening of the prices at the beginning of the quarter, as per the data compiled by World Gold Council (WGC).Continue......For more information visit:-http://goo.gl/41w64L
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Barley futures surged on NCDEX
Barley futures surged on NCDEX on account of increasing demand from beer and cattle-feed making industries. Further, restricted supply from the producing belts in the physical markets too fuelled the uptrend.Continue.....For more information visit:-http://goo.gl/h353j2
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Crude palm oil futures traded higher on MCX
Crude palm oil futures traded higher on MCX due to rising demand ahead of festival season at the domestic market. The market participants remained cautious ahead of the Malaysian exports data to be released by the Cargo surveyor ITS releases for the first ten days of this month on November 10 & most importantly, the Malaysian Palm Oil Board (MPOB) October palm oil data on November 10, capped some gains.Continue.....For more information visit:-http://goo.gl/dbhzYD
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Oilmeals fall in by 40 pc During the April-October Period
Overall export of oilmeals fall in by 40 % during the April-October 2015 period due to poor crushing of soybean. As per data released by the Solvent Extractors Association of India (SEA), oilmeal exports during the period fell to 763,113 tons from 1.26 million tons for the corresponding period last year.Continue......For more information visit:-http://goo.gl/qXqGnt
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