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			<title>Commodity Online News</title> 
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			<pubDate>Wed, 22 May 2013 18:59:15 GMT</pubDate>
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				<title>MCX Nickel bullish till break of 823 level Lead positive</title>
				<link>http://www.commodityonline.com/news/mcx-nickel-bullish-till-break-of-823-level-lead-positive-54552-3-54553.html</link>
				<description><![CDATA[For intra-day, support for the base metal is seen at 829 while 845 is the resistance. Traders may buy around 836 with stop loss of 829 for the target of 844. MCX nickel for May delivery was seen trading up by 1.82% at Rs.845.20 per kilogram as of 05.48 PM IST on Wednesday. US existing homes sales data is scheduled to be released at 07.30 PM IST. Also, Mortgage Bankers Association (MBA) data is expected to be released at 04.30 PM IST today. Home sales data is is likely to impact nickel price movement.]]></description>
				<pubDate>Wed, 22 May 2013 00:00:00 GMT</pubDate>
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				<title>MCX Crude Oil sideways EIA data awaited</title>
				<link>http://www.commodityonline.com/news/mcx-crude-oil-sideways-eia-data-awaited-54551-3-54552.html</link>
				<description><![CDATA[For intra-day, crucial support for the commodity is seen at 5300 while 5350 is the resistance. Traders may take buy position near 5330 with stop loss of 5300 for the target near 5380. MCX crude oil futures for June delivery was seen trading down by 0.02% at Rs.5346 per barrel as of 05.23 PM IST on Wednesday. and nbsp;]]></description>
				<pubDate>Wed, 22 May 2013 00:00:00 GMT</pubDate>
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				<title>MCX Silver sideways to bullish resistance 43500</title>
				<link>http://www.commodityonline.com/news/mcx-silver-sideways-to-bullish-resistance-43500-54548-3-54549.html</link>
				<description><![CDATA[For intra-day, support for the commodity is seen at 42500 while 43500 is the resistance. The prices are likely to trade in green zone. If prices break 43500 level, then further buying is expected till 44000 mark. MCX silver futures for July delivery was seen trading up by 0.72% at Rs.43480 per kilogram as of 04.31 PM IST on Wednesday.]]></description>
				<pubDate>Wed, 22 May 2013 00:00:00 GMT</pubDate>
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				<title>MCX Gold sideways to bullish prices may remain in 26000 26300 range</title>
				<link>http://www.commodityonline.com/news/mcx-gold-sideways-to-bullish-prices-may-remain-in-26000-26300-range-54547-3-54548.html</link>
				<description><![CDATA[For intra-day, support for the commodity is seen at 26000 initially and below that it could test level of 25800. Resistance is there at 26300. Intra-day traders are advised to buy on dips for the day near 26080 with stop loss of 26000 for target near 26200. and nbsp;MCX gold for June delivery was seen trading up by 0.55% at Rs.26247 per 10 grams as of 03.54 PM IST on Wednesday.]]></description>
				<pubDate>Wed, 22 May 2013 00:00:00 GMT</pubDate>
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				<title>MCX Natural Gas range bound 238 5 crucial level</title>
				<link>http://www.commodityonline.com/news/mcx-natural-gas-range-bound-238-5-crucial-level-54545-3-54546.html</link>
				<description><![CDATA[For intra-day, crucial resistance for the commodity is seen at 238.5 levels. If the prices sustain above the same then it may trade higher till 244 levels. If it fails to break 238.5 level then futures are expected to move towards south direction. Investors are advised to be cautious and take position accordingly. Traders with risk appetite may take short position near 237 with stop loss above 241 and may wait for the target at 233 and 230 levels. and nbsp;]]></description>
				<pubDate>Wed, 22 May 2013 00:00:00 GMT</pubDate>
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				<title>MCX Copper positive traders await FOMC minutes</title>
				<link>http://www.commodityonline.com/news/mcx-copper-positive-traders-await-fomc-minutes-54544-3-54545.html</link>
				<description><![CDATA[For intra-day, support for the commodity is seen at 422 and amp; 425 levels while on the lower side prices have support at 410.5 and 408 levels. and nbsp;US Existing homes sales data is scheduled to be released at 07.30 PM IST. Also, Mortgage Bankers Association (MBA) data is expected to be released at 04.30 PM IST today.]]></description>
				<pubDate>Wed, 22 May 2013 00:00:00 GMT</pubDate>
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				<title>China April imports: Only patchy signs of improvement says Barclays</title>
				<link>http://www.commodityonline.com/news/china-april-imports-only-patchy-signs-of-improvement-says-barclays-54539-3-54540.html</link>
				<description><![CDATA[With growth in automotive and consumer durables showing signs of slowing and construction activity lagging, the prospects for strength in imports beyond the seasonal Q2 pick-up look rather modest.]]></description>
				<pubDate>Wed, 22 May 2013 00:00:00 GMT</pubDate>
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				<title>MCX Crude Palm Oil bullish 475 resistance</title>
				<link>http://www.commodityonline.com/news/mcx-crude-palm-oil-bullish-475-resistance-54541-3-54542.html</link>
				<description><![CDATA[For intra-day, support for the commodity is seen at 464 while 475 is the resistance. Traders may buy around 468 with the stop loss of 465 for the target of 475. and nbsp;MCX crude palm oil futures for May delivery was seen trading up by 0.21% at Rs.474.40 per 10 kgs as of 12.26 PM IST on Wednesday.]]></description>
				<pubDate>Wed, 22 May 2013 00:00:00 GMT</pubDate>
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				<title>NCDEX Chilli bullish Coriander Turmeric positive</title>
				<link>http://www.commodityonline.com/news/ncdex-chilli-bullish-coriander-turmeric-positive-54540-3-54541.html</link>
				<description><![CDATA[For intra-day, support for chilli is seen at 5450 while 6020 is the resistance. Traders may buy around 5650 with the stop loss of 5450 for the target of 6020. and nbsp;NCDEX chilli for June delivery was seen trading down by 0.77% at Rs.5666 per 100 kgs as of 11.19 AM IST on Wednesday. and nbsp;]]></description>
				<pubDate>Wed, 22 May 2013 00:00:00 GMT</pubDate>
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				<title>China April Silver imports down 28% y y at 172 tons: Barclays</title>
				<link>http://www.commodityonline.com/news/china-april-silver-imports-down-28-y-y-at-172-tons-barclays-54538-3-54539.html</link>
				<description><![CDATA[Once again, the weakness in silver was across the board, from powder to jewellery with unwrought silver suffering the sharpest decline at 29% y/y with powder imports down 28% y/y.]]></description>
				<pubDate>Wed, 22 May 2013 00:00:00 GMT</pubDate>
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				<title>Bernanke testifying before US Congress plus FOMC meeting minutes would drive Gold Silver</title>
				<link>http://www.commodityonline.com/news/bernanke-testifying-before-us-congress-plus-fomc-meeting-minutes-would-drive-gold-silver-54537-3-54538.html</link>
				<description><![CDATA[One can either expect the status quo to prevail or a downside to occur in the bullion futures today. An upside other than a marginal one looks highly unlikely unless something drastic happens.]]></description>
				<pubDate>Wed, 22 May 2013 00:00:00 GMT</pubDate>
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				<title>World Crude Steel output rises by 1 2% to 132 mn tons in April 2013 Y Y: WorldSteel</title>
				<link>http://www.commodityonline.com/news/world-crude-steel-output-rises-by-1-2-to-132-mn-tons-in-april-2013-y-y-worldsteel-54534-3-54535.html</link>
				<description><![CDATA[In the EU, Germany produced 3.7 mn tons of crude steel in April 2013, down by -0.9% on April 2012. Italy and rsquo;s crude steel production was 2.1 mn tons, a decrease of -11.6% compared to April 2012. Spain produced 1.4 mn tons of crude steel, an increase of 10.3% compared to April 2012. France and rsquo;s crude steel production was 1.2 mn tons, down by -12.3% on April 2012.]]></description>
				<pubDate>Tue, 21 May 2013 00:00:00 GMT</pubDate>
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