http://www.traderscommunity.com/ Traders Community where you will find one of the biggest and best collections of trading information. en-gb The information contained in this website is for general information purposes only. The information is provided by Traders Community and whilst we endeavor to keep the information up-to-date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.Read full disclaimer: Website disclaimer info@nospam.com (Admin) info@nospam.com (Admin) Thu, 09 Sep 2010 23:48:54 -0700 Thu, 09 Sep 2010 23:48:54 -0700 http://backend.userland.com/rss e107 (http://e107.org) 60 http://traderscommunity.com/images/web_logo88a.gif http://www.traderscommunity.com/ 88 31 Traders Community where you will find one of the biggest and best collections of trading information. http://traderscommunity.com/news.php?item.34733.3
The official Xinhua news agency said on Sunday the year-on-year rise, when much of the rest of the world was mired in deep recession, was due to China's boisterous economic growth in 2009, which reached 8.7 percent.

'As the economy continued to develop in a stable manner, consumer demand for jewellery continued to grow, especially for diamonds for the wedding market,' Xinhua said on its website (www.xinhuanet.com).

'In this year, China overtook Japan to become the world's second largest diamond market for consumers behind the United States,' it added.

China's increasingly affluent middle class and vast pool of customers are seen as key factors for the rise in diamond sales in the world's most populous country.]]> melanie@nospam.com (traders) Sun, 24 Jan 2010 13:10:28 -0800 http://traderscommunity.com/news.php?item.34733.3 http://traderscommunity.com/news.php?item.34701.3
* COMEX March copper up 8.10 cents, or 2.4 percent, settles at $3.4470 per lb

* Range $3.358 to $3.46, highest level since Jan. 12.

* COMEX estimated futures volume at 26,118 lots by 1:00 p.m. EST (1800 GMT). Final volume on Friday at 22,922 lots.

* Open interest fell by 901 lots to 142,173 contracts open as of Jan. 15.

* Anticipation of Chinese trade data and other economic indicators on Thursday supports prices.

* China industrial output seen up 20 percent, fastest pace since Feb. 2006, in the year to December - Reuters survey.]]> melanie@nospam.com (traders) Tue, 19 Jan 2010 12:48:57 -0800 http://traderscommunity.com/news.php?item.34701.3 http://traderscommunity.com/news.php?item.34672.3
The Indian government is struggling to contain inflation, which jumped to a one-year high of 7.3 percent in December, driven by a near 20 percent annual jump in food prices after the worst monsoon in 37 years damaged rice and cane fields last year.

'There is a drop in wholesale prices of sugar.... Retail prices will start falling in 10-15 days,' Farm Minister Sharad Pawar told reporters on Monday.

He said wholesale sugar prices had fallen to 37-38 rupees (81-82 cents) per kg from 42 rupees.

Industry officials said falling domestic prices made imports unviable in the short term.]]> melanie@nospam.com (traders) Mon, 18 Jan 2010 02:15:10 -0800 http://traderscommunity.com/news.php?item.34672.3 http://traderscommunity.com/news.php?item.34656.3
As of Thursday, ETFS Physical Platinum Shares was holding 89,948 ounces of platinum, while the ETFS Physical
Palladium Shares had 99,977 ounces of palladium, according to ETF Securities' website.

Click here for the company's website:
http://r.reuters.com/gaz73h

The new exchange products are expected to give U.S. investors easier access to the industrial metals, which have already rallied on hopes of more fund-based stockpiling. Since the launch, both metals had rallied on expectations
that the ETFs would reduce the amount the metals available in the open market. An exchange-traded fund backs its shares by buying a matching amount of metals to be stored in its custodian's vault.

Since last Friday, platinum rose 3 percent to $1,603 an ounce, while palladium rose 4 percent to $446.
]]> melanie@nospam.com (traders) Sat, 16 Jan 2010 23:45:48 -0800 http://traderscommunity.com/news.php?item.34656.3 http://traderscommunity.com/news.php?item.34637.3
* Note: U.S. futures markets will be closed on Monday for the Martin Luther King Jr. holiday.

* Spreading of long March/short May added to the advance in March, with a strong expiration in the January contract adding to overall strength.

* March lumber closed up $6.00 at $253.00, and May was up $2.60 at $272.50. March posted a six-week high and May set a contract high.

* January contract expired at noon CST (1800 GMT) at $229.90, up $3.90 on the day after setting a six-week high.

* Futures had closed sharply higher to limit up on Thursday amid talk of rising cash prices, due mainly to the industry filling in reduced inventories.]]> melanie@nospam.com (traders) Fri, 15 Jan 2010 13:06:45 -0800 http://traderscommunity.com/news.php?item.34637.3 http://traderscommunity.com/news.php?item.34624.3
New York commodity markets will be closed on Monday for the Matin Luther King Jr. holiday. Trading will resume on Tuesday.

* Benchmark copper for March delivery ended down 2.15 cents at $3.3660 per lb on the New York Mercantile Exchange's COMEX division.

* Range from $3.3480 to $3.4260.

* COMEX estimated futures volume at 17,238 lots by noon EST (1700 GMT). Final volume on Thursday hit 31,993 lots.

* Open interest dropped 4,351 lots to 143,074 contracts as of Jan. 14.]]> melanie@nospam.com (traders) Fri, 15 Jan 2010 11:34:15 -0800 http://traderscommunity.com/news.php?item.34624.3 http://traderscommunity.com/news.php?item.34616.3
* Floor sources said cash spruce was trading in the $236 to $240 per tbf area, up from the $220 quote posted by Random Lengths in their midweek cash report.

* 'Cash prices have been steadily increasing the last three days and people that were short cash were forced to pay up,' said Brian Leonard, lumber analyst with Rosenthal Collins. 'We had a (futures) market that was tremendously oversold going into expiration.'

* January contract expires at noon CST (1800 GMT) Friday.

* 'The mills were able to add product down here (in futures) and then tighten up their order files. So it was harder to find wood out there and they (mills) were able to raise their price,' Leonard said.]]> melanie@nospam.com (traders) Thu, 14 Jan 2010 13:28:06 -0800 http://traderscommunity.com/news.php?item.34616.3 http://traderscommunity.com/news.php?item.34617.3 its breath from bouts of volatility this week tied to China's surprise monetary tightening move.

* Benchmark copper for March delivery eased 1.25 cents to end at $3.3875 per lb on the New York Mercantile Exchange's COMEX division.

* Range from $3.3830 to $3.4440.

* COMEX estimated futures volume at 26,165 lots by 1 p.m. EST (1800 GMT). Final volume on Wednesday reached 35,847 lots.

* Open interest fell by 3,896 lots to 147,425 contracts open as of Jan. 13.

* Earlier this week, copper fell to $3.3050, its lowest levels since Dec. 30, after news of increased reserve requirements for Chinese banks stoked initial concerns about potential rate hikes and a spending freeze.

* Relatively steadier tone in the dollar limiting copper price direction - Pat Donnelly, senior broker with Olympus Futures in Chicago.]]> melanie@nospam.com (traders) Thu, 14 Jan 2010 11:11:09 -0800 http://traderscommunity.com/news.php?item.34617.3 http://traderscommunity.com/news.php?item.34570.3
But aluminium production fell three percent in the December quarter, compared with a year earlier, as the group continued to run some smelters below capacity.

Iron ore output for 2009 exceeded 217 million tonnes, just above Rio Tinto's recently raised forecast for 210-215 million tonnes for the year.

Spot iron ore prices have nearly doubled in the last year, while aluminium has risen more than 50 percent, recovering from sharp declines in early 2009 at the height of a global commodities bust.
]]> melanie@nospam.com (traders) Wed, 13 Jan 2010 20:34:46 -0800 http://traderscommunity.com/news.php?item.34570.3