The moment that confidence in the U.S. Dollar eventually breaks, the opportunity to buy si...
In terms of the regional end-demand breakdown, given that zinc (50%) and copper (43%) have.. 
That is a tough call. Copper has always been considered an indicator of future economic st.. 
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- Gold, Silver may trade weak; Crude Oil to remain stable
- Exchange-traded products in gold -- investment vehicles that give investors exposure to bullion through issuing securities backed by the physical metal -- have seen huge outflows this year.
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Continued year-over-year declines in U.S. beef production are expected to push beef exports lower..
By Col. Ajay
As per financial astrology, transit OD Sun in Saturn house is ..
MUMBAI (Commodity Online): Soyoil futures are exhibiting a positive trend on India's National Commodity and Derivatives Exchange (NCDEX) as a result of fresh buying support and winter season demand.
Soyoil futures on NCDEX were up by 0.82 percent at Rs.697 per 10 kg for February contract as of 13.50 IST on Wednesday.
“The soyoil trend is positive, support expected at Rs.688 while Rs.703 is the resistance. The trend looks positive until it breaks Rs.688 level,” said Milan Shah, Research Analyst at Commodity Online.
There is a significant fall in the import of vegetable oils by India for November (2012) - according to the data released by the Solvent Extractors Association of India (SEA).
Crude Palm Oil (CPO) and RBD Palmolien imports have declined. On the other hand, a slight rise in import of soyoil has been observed.
Higher soyoil imports and improved soybean crops in South America might pressurise soyoil prices in both domestic and international level.
A rise in the supply of soybean has been observed in Madhya Pradesh from 0.9 lakh bags to 1.2 lakh bags.
However, soyoil futures are expected to maintain a positive trend for short term on improved demand. For long term, prices may fall on lack of demand amid higher stocks.
Meanwhile, for the current month, palm oil demand may rise significantly on duty free export from Malaysia. And this development may pressurise soyoil prices in India. India imports half of its edible oil requirements.
Bumper soybean production estimates in the country are likely to keep both soybean and soyoil market sentiments negative.
