Commodity Trading Tips for Ref. Soyaoil by Kedia Commodity

Ref.Soyaoil on NCDEX settled down by -0.58% at 619.25 on robust supply in local market along with lower tariff rates. Prices seen under pressure after International Grains Council in its report hiked soybean output forecast for 2016-17 by 5 million tons to 341 million tons and for 2017-18 output seen at 345 million tons. Moreover, according to market participant import of soybean oil for May is in parity of Rs 28-30 per 10 kilogram which will further put pressure on soy oil prices. Additionally, Celeres Consultancy raised its estimate of Brazil's soybean crop to 113.8 million tons from 109.65 million tons last month. Meanwhile, broker INTL FCStone also lifted its projection for the Brazilian crop to 111.6 million tons from 109.07 million tons previously.

Commodity Trading Tips for Soyabean by Kedia Commodity

Soyabean on NCDEX settled down by -0.48% at 2913 tracking weakness in spot demand on oversupply woes despite of hope of higher demand from crushers and in export market. Prices remained under pressure on expectation of bumper output in India and other top producers of the world. In, India production of yellow bean is expected to rise to 8.90-9.10 million tons as compared to 7.1 million tons in the previous year Production in the United States, Brazil and Argentina, the world's top producers, is also expected to rise. US Department of Agriculture reported that US farmers are likely to increase soybean acreage by 7.25 million acres to 89.48 million acres in 2016-17.

Commodity Trading Tips for Menthaoil by Kedia Commodity

Mentha oil on MCX settled down by -0.57% at 988.8 on speculation that the area under cultivation can increase this year resulting good production. However downside seen limited amid tight stocks position on restricted supplies from producing belts. Total production of mentha oil during the current season is 32,000-34,000 tonnes against preliminary estimates of around 40,000 tonnes. Unfavourable weather conditions during harvesting period led to the drop in production. On the demand side, the seasonal demand emerges during winter season, especially from the pharma sector. Sources mentioned that nearly 14500 MT of mint products were exported in six months of the current financial year.

Commodity Trading Tips for Aluminium by Kedia Commodity

Aluminium on MCX settled down -1.59% at 123.75 as supply concerns eased and demand remained weak in top metal consumers such as China. LME stocks are falling at a fast pace and physical premiums are rising, although as ever with aluminium appearances can be slightly deceptive. The deficit in the global aluminium market to widen further in CY2017 as a result of up to almost 3 million metric tonne (MMT) of production cutbacks in China, post the imposition of a new air pollution control regime in Beijing. China’s inventories of aluminum ingot registered the first decline after the 2017 Chinese New Year holiday. Last week, total aluminum inventories in the five major trading markets fell 4,000 tonnes, according to data.

Commodity Trading Tips for Nickel by Kedia Commodity

Nickel on MCX settled down -0.73% at 652 traded in the range while LME Nickel price ended unchanged at $10,180, balanced by potentially bullish and bearish news. A suspended Philippine nickel miner has asked the president to allow it to ship ore stockpiles after some cargoes were seized. Cyclonic winds and heavy rain buffeted New Caledonia, prompting residents of the French South Pacific territory to seek shelter and halt mining of nickel, its most important export. China has been the target of anti-dumping lawsuits, and this is expected to be a hot topic in the meeting of the two world leaders.

Commodity Trading Tips for Zinc by Kedia Commodity

Zinc on MCX settled down -2.06% at 168.40 dropped tracking weakness from LME Zinc which hit a three-month low on Monday as supply concerns eased and demand remained weak in top metal consumers such as China. LME Zinc prices touched a peak of $2,980.50 a tonne in mid-February on worries that major mine closures last year would lead to severe shortages. London Metal Exchange three-month zinc slid 2.7 percent to close at $2,618 a tonne, the weakest since Jan. 6. Also pressuring the market was weakness in Chinese steel prices and news that two flood-hit mines in Peru were ready to restart. Chinese smelters may prove less resilient in the coming months after they announced that 540,000 tpy of capacity would be put on maintenance for unspecified period.

Commodity Trading Tips for Copper by Kedia Commodity

Copper on MCX settled down -0.93% at 372.55 as rising geopolitical tensions blunted appetite for risk and lifted the dollar, but prices were underpinned by tightening supply. LME copper dropped 1.5 percent to end at $5,747 a tonne, adding to small losses in the previous session, having broken support at its 100-day moving average at $5,800 a tonne. Prices have faltered since shipments resumed from BHP Billiton's Escondida mine in Chile and since Freeport McMoRan Inc said it was awaiting final details on a temporary export permit in Indonesia, ending lengthy disruptions. The supply disruptions that we have seen were short-term dynamics and did not create real tightness in the market.

Commodity Trading Tips for Naturalgas by Kedia Commodity

Naturalgas on MCX settled down -0.29% at 209.40 fell in yesterday’s session continuing a small retreat from 2 1/2-month highs on mild weather may limit demand and the market’s ability to keep rallying. Natural gas prices appear to have found solid resistance at the 215.20 level, while according to, temperatures vs normal averaged over the next 7-days are expected to be warmer than normal over a majority of the US besides the West Coast/NW. This will result in limited demand for heating over the northern US, while only minor demand for cooling over the relatively warm southern US. A rather bearish map in terms of temperatures vs normal even as numerous weather systems traverse the country with rain and snow. They just aren’t very cold besides along the West Coast.

Commodity Trading Tips for Crudeoil by Kedia Commodity

Crudeoil on MCX settled up 1.94% at 3424 climbed higher reaching it best closing level in over a month amid concerns about geopolitical tensions, the price of crude oil showed a notable upward move during trading on Monday. Support also seen after the update that Libya's Sharara oilfield was shut after a group blocked a pipeline linking it to an oil terminal, a Libyan oil source said. The field had only just returned to production, after a week-long stoppage ending in early April. The outage added to a rally that started late last week after the United States fired missiles at a Syrian government air base. While Syria produces only small volumes of oil, the Middle East is home to more than a quarter of the world's oil output.

Commodity Trading Tips for Silver by Kedia Commodity

Silver on MCX settled down -0.03% at 41366 tracking weakness from Comex Silver which dropped to settled at $17.88 a troy ounce extending last week’s slide as a stronger dollar weighed on precious metals. The US dollar index rose to more than three-week highs against a basket of other major currencies. Renewed dollar support late on Friday undermined bullion and defensive support for precious metals was curtailed by relief over the US trade stance during President Trump’s meeting with Chinese President Xi. Silver held steady while support can be seen as growing geopolitical tensions continued to drive safe-haven demand. Top aides to U.S. President Donald Trump differed on Sunday on where U.S. policy on Syria was headed after last week's attack on a Syrian air base, while U.S.

Commodity Trading Tips for Gold by Kedia Commodity

Commodity Trading Tips for Gold by Kedia Commodity

Gold on MCX settled up 0.19% at 28739 prices recovered from the day's low while prices dropped in the morning session as the US dollar continued to remain supported by Federal Reserve policy tightening expectations. Recovery in the prices seen in late session with markets keeping a close eye on geopolitical risks and noting comments from the Fed chief that suggested the central bank is on track with plans to hike rates as forecast. The Federal Reserve's plans to raise U.S. interest rates gradually are aimed at sustaining full employment and near-2-percent inflation without letting the economy overheat, Fed Chair Janet Yellen said on Monday. Also Yellen repeated earlier comments that the economy is expected to continue to grow at a moderate pace.

Tropical Cyclone Cook moves past New Caledonia, finds NASA

Washington D.C. [USA], Apr. 11 : Tropical Cyclone Cook formed in the Southern Pacific Ocean and on Sunday, April 9, 2017 and moved across the island of New Caledonia in the South Pacific Ocean on early on April 10. NASA-NOAA's Suomi NPP Satellite passed over Cook as it was making landfall.

The Visible Infrared Imaging Radiometer Suite (VIIRS) instrument aboard NASA-NOAA's Suomi NPP satellite provided a visible image of Cook on April 10 at 0254 UTC (April 9 at 10:54 p.m. EST). That was about one hour before the storm's center made landfall in central New Caledonia. The image showed a cloud-filled eye surrounded by powerful thunderstorms. A large band of thunderstorms feeding into the center blanketed the islands of Vanuatu.

No More Ransom initiative adds 14 new decryption tools

No More Ransom initiative adds 14 new decryption tools

New Delhi [India], Apr. 10 : The platform is now available in 14 languages and contains 39 free decryption tools. Since Kaspersky Lab's last report in December, more than 10 000 victims from all over the world have been able to decrypt their affected devices thanks to the tools made available free of charge on the platform.

No More Ransom was launched in July 2016 by the Dutch National Police, Europol, Intel Security and Kaspersky Lab, introducing a new level of cooperation between law enforcement and the private sector to fight ransomware together. Since the launch, dozens of partners from all continents have joined.

F-Secure acquires 'Little Flocker' to provide next-generation Mac protection

F-Secure acquires 'Little Flocker' to provide next-generation Mac protection

New Delhi [India], Apr 10 : Cyber security company F-Secure on Monday announced acquiring of Little Flocker, the most advanced security technology available for Macs, from a private app developer.

Most Mac security solutions rely entirely on a traditional signature-based approach against malware, but cannot protect Mac users from modern targeted attacks. Little Flocker protects Macs by using advanced behavioral-based analysis, and monitors apps that attempt to access confidential files and system resources.

It also detects and blocks Mac ransomware. F-Secure will build Little Flocker's next-generation security engine into its new XFENCE technology.

XFENCE will complement F-Secure's existing endpoint solutions to provide

Vahdam Teas witnesses growth; to expand footprints to more than 80 countries

New Delhi [India], Apr 10 : Global direct-to-consumer vertically integrated e-commerce tea brand Vahdam Teas on Monday announced receiving of investment worth USD 650,000 from a clutch of eminent angel investors including Kanwaljit Singh's Fireside Ventures, Singapore Angel Network and Mumbai Angels, who have consolidated their market position.

The company which earns its business online, as of today, has grown five

times in the last six months and plans to use the funding to invest in tea preservation technology along with a warehouse in its top market business in USA in the second half of 2017.

Lowland amphibians at higher risk from future climate warming

Lowland amphibians at higher risk from future climate warming

Washington D.C. [USA], Apr. 10 : A new study of Peruvian frogs living at a wide variety of elevations -- from the Amazon floodplain to high Andes peaks -- lends support to the idea that lowland amphibians are at higher risk from future climate warming.

That's because the lowland creatures already live near the maximum temperatures they can tolerate, while high-elevation amphibians might be more buffered from increased temperatures, according to a study by University of Michigan ecologist Rudolf von May and his colleagues published online April 6 in the journal Ecology and Evolution.

Broadband labelling crucial to empower consumer experience: TRAI

Broadband labelling crucial to empower consumer experience: TRAI

New Delhi [India], Apr. 8 : CUTS International on Friday organised a conference in the India International Centre, New Delhi on designing a nutrition label for broadband services in India.

Such a label will enable complete information disclosure by the Broadband providers on Quality of Service (QoS), in a standard format to consumers, which may result in safeguarding consumers from misleading advertisements, unfair contractual terms, practice of non-disclosures and most importantly, help them choose between services.

Droom, Uber joined hands for #LoveSuperbikes campaign

Droom, Uber joined hands for #LoveSuperbikes campaign

New Delhi [India], Apr 8 : Droom and Uber on Saturday announced the launch of a joint campaign called #LoveSuperbikes, which brought the thrill of speed to the users of the Uber app for a 15-minute experience of a lifetime.

Aditya Birla Health Insurance launches #JumpForHealth

Aditya Birla Health Insurance

New Delhi [India], Apr 8 : Aditya Birla Health Insurance Company Ltd. (ABHICL) launched a unique campaign '#JumpForHealth' on the occasion of World Health Day to reinforce its belief in empowering people to live a healthy lifestyle.

Through the JumpForHealth initiative, Aditya Birla Health Insurance is creating a movement that will get people up and on their feet through the power of jumping.

The month long campaign, starting from April 07, 2017, aims to donate one prosthetic leg to a person in need for every 10,000 jumps in association with the Sadhu Vaswani Foundation. A total of 100 prosthetic legs will be donated to people in need on achieving one million jumps.

Global tea production trends, favorable demand prospects likely to lead to an upward price trajectory in CY2017: ICRA

Global tea production trends, favorable demand prospects likely to lead to an up

New Delhi [India], Apr 8 : In the current year, tea realizations are expected to remain buoyant following higher demand for tea, particularly given the expected supply side issues in both Sri Lanka and Kenya.

However, buying patterns across tea segments, which had witnessed a considerable change in CY2016, will remain a key determinant of the overall price trajectory in the current year as well.

Despite the buoyancy in prices though, continuing cost pressures, with the increase in wage rates, are likely to keep the margins and debt coverage indicators of bulk tea producers under check. Nonetheless, the capital structure of large companies in the sector is expected to remain favorable.

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