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			<title>Commodity Online Metals News</title> 
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			<pubDate>Tue, 21 May 2013 16:40:11 GMT</pubDate>
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				<title>MCX Copper positive amid fall in China imports Lead positive Nickel trend unclear</title>
				<link>http://www.commodityonline.com/news/mcx-copper-positive-amid-fall-in-china-imports-lead-positive-nickel-trend-unclear-54526-3-54527.html</link>
				<description><![CDATA[For intra-day, prices have immediate support at 408 and amp; 405 levels while on the upper side prices have resistance at 411.5 and 414 levels. and nbsp;MCX copper futures for June delivery was seen trading up by 0.32% at Rs.410.30 per kilogram as of 03.40 PM IST on Tuesday.]]></description>
				<pubDate>Tue, 21 May 2013 00:00:00 GMT</pubDate>
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				<title>LME Zinc surplus may ease in the next couple of quarters: Barclays</title>
				<link>http://www.commodityonline.com/news/lme-zinc-surplus-may-ease-in-the-next-couple-of-quarters-barclays-54524-3-54525.html</link>
				<description><![CDATA[Production data suggest that may be short-lived, however, after a recovery in Chinese refined zinc output in March, with the annualised pace jumping to 5.4Mt (the bank had forecast 5.1Mt), so production is back on track, provided it is maintained at that level.]]></description>
				<pubDate>Tue, 21 May 2013 00:00:00 GMT</pubDate>
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				<title>Global Aluminium surplus in 2013 expected at 1mn ton: Barclays</title>
				<link>http://www.commodityonline.com/news/global-aluminium-surplus-in-2013-expected-at-1mn-ton-barclays-54520-3-54521.html</link>
				<description><![CDATA[Moreover, in terms of the build out of capacity in Xinjiang province, it has generally been observed that bottlenecks have been overcome; rail capacity is to be expanded by year end and water is not an issue. Record semis output in March, combined with an open import arbitrage window, point to significantly stronger demand in Q2 versus Q1.]]></description>
				<pubDate>Tue, 21 May 2013 00:00:00 GMT</pubDate>
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				<title>MCX Nickel may trade positive Lead looks negative</title>
				<link>http://www.commodityonline.com/news/mcx-nickel-may-trade-positive-lead-looks-negative-54511-3-54512.html</link>
				<description><![CDATA[For intra-day immediate resistance for the commodity is seen at 820 and amp; 828 levels while support at 810 level. Traders are advised to sell on each rise with stop loss of 828. On lower side, further selling pressure is expected below the crucial support of 810. and nbsp;]]></description>
				<pubDate>Mon, 20 May 2013 00:00:00 GMT</pubDate>
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				<title>MCX Copper negative support at 400 and 397 levels</title>
				<link>http://www.commodityonline.com/news/mcx-copper-negative-support-at-400-and-397-levels-54506-3-54507.html</link>
				<description><![CDATA[ and ldquo;For intra-day, support for the commodity is seen at 400 and amp; 397 levels, while 405 and 408 are the upper side resistances. MCX copper futures for June delivery was seen trading down by 0.64% at Rs.403 per kilogram as of 03.48 PM IST on Monday. and nbsp;]]></description>
				<pubDate>Mon, 20 May 2013 00:00:00 GMT</pubDate>
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				<title>Palladium prices may average $748 oz in 2013: Barclays</title>
				<link>http://www.commodityonline.com/news/palladium-prices-may-average-$748-oz-in-2013-barclays-54502-3-54503.html</link>
				<description><![CDATA[Investment demand growth has slowed but remains positive. ETP holdings are up by 210koz for the year to date, but are marginally shy of the peak set at 2436koz. Barclays balance currently assumes full year inflows of 225koz for 2013.]]></description>
				<pubDate>Mon, 20 May 2013 00:00:00 GMT</pubDate>
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				<title>Platinum prices to average $1687 oz in 2013: Barclays</title>
				<link>http://www.commodityonline.com/news/platinum-prices-to-average-$1687-oz-in-2013-barclays-54487-3-54488.html</link>
				<description><![CDATA[ and ldquo;Palladium prices are expected to average $748/oz for the full-year 2013, $750/oz in Q3 13 and $780/oz in Q4 13. The precious metal continue to deliver a sizeable deficit in 2013, and rdquo; the bank added.]]></description>
				<pubDate>Sat, 18 May 2013 00:00:00 GMT</pubDate>
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				<title>No boom for US Base Metals demand yet in 2013: Barclays</title>
				<link>http://www.commodityonline.com/news/no-boom-for-us-base-metals-demand-yet-in-2013-barclays-54495-3-54496.html</link>
				<description><![CDATA[In terms of the regional end-demand breakdown, given that zinc (50%) and copper (43%) have the highest proportions of construction as a driver, they were expected to benefit more than other metals, such as aluminium or lead.]]></description>
				<pubDate>Sat, 18 May 2013 00:00:00 GMT</pubDate>
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				<title>LME Copper prices may average $7 673 ton in 2013: Barclays</title>
				<link>http://www.commodityonline.com/news/lme-copper-prices-may-average-$7-673-ton-in-2013-barclays-54486-3-54487.html</link>
				<description><![CDATA[The main movements in fundamentals since Q2 13 have actually been price-supportive. The copper market has been relatively tight, and the global stocks-to-consumption ratio started falling and is estimated to be 3.6 weeks of demand in May (versus 3.8 in Q1). This trend is expected to persist, reaching around 3.3 weeks by the end of Q3.]]></description>
				<pubDate>Sat, 18 May 2013 00:00:00 GMT</pubDate>
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				<title>Copper prices above $7 500 t is an opportunity to short: Barclays</title>
				<link>http://www.commodityonline.com/news/copper-prices-above-$7-500-t-is-an-opportunity-to-short-barclays-54483-3-54484.html</link>
				<description><![CDATA[The potential for further short-term dislocations in refined supply as a result of these factors. Lower global IP levels are contributing to the tightness in scrap, though low prices have also been a major factor, so even a brief period of price strength should help to ease some of the tightness.]]></description>
				<pubDate>Sat, 18 May 2013 00:00:00 GMT</pubDate>
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				<title>MCX Lead Nickel positive resistance 110 5 and 828</title>
				<link>http://www.commodityonline.com/news/mcx-lead-nickel-positive-resistance-110-5-and-828-54477-3-54478.html</link>
				<description><![CDATA[For intra-day, support for lead is seen at 108.5 while 110.5 is the resistance. Sustaining above 110.5 may drive the prices to 111.2 level. Lead prices rose on short covering and the recovery is likely to continue for the rest of the day. MCX lead for May delivery was seen trading up by 1.15% at Rs.110.40 per kilogram as of 05.23 PM IST on Friday. and nbsp;]]></description>
				<pubDate>Fri, 17 May 2013 00:00:00 GMT</pubDate>
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				<title>China shines as Stainless Steel output climbs globally by 5 2% in 2012</title>
				<link>http://www.commodityonline.com/news/china-shines-as-stainless-steel-output-climbs-globally-by-5-2-in-2012-54479-3-54480.html</link>
				<description><![CDATA[Even during the recent years of reduced economic activity, China has been the principal growth area for stainless steel production. During 2012 it increased production by 14.2% to reach 16.1 Mt (based on corrected figures for 2011 and 2012). Together, Asian stainless steel producers now account for 70% of global production.]]></description>
				<pubDate>Fri, 17 May 2013 00:00:00 GMT</pubDate>
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