Ensa Steel Industries issues "Financial Results & Limited Review for Dec 31, 2014 (Standalone)" press release on BSE

Ensa Steel Industries issues "Financial Results & Limited Review for Dec 31, 2014 (Standalone)" press release on BSE

The following is the text of a press release issued by Ensa Steel Industries :        Ensa Steel Industries Ltd has informed BSE about the Standalone Financial Results & a copy of the Limited Review Report for the period ended December 31, 2014.       To read full details of the release click on the attachment icon or click on the following link:    http://www.bseindia.com/xml-data/corpfiling/AttachLive/Ensa_Steel_Industries_Ltd_130215_RSt.pdf        For more details, please click on www.bseindia.com to access the stock exchange website.

Reliance Communications Q3 net profit

Reliance Communications Q3 net profit Rs 2.01 bln

Chana extends fall Fri on profit-booking, weak demand

Chana extends fall Fri on profit-booking, weak demand

 

  

  MUMBAI, FEB  Chana prices extend fall for second straight trading session at the close of trading Friday on profit-booking after prices rose to over one-month high and subdued demand from bulk consumers, analysts said.

  "Profit-taking is hampering the prices of the pea," said Sudha Acharya, research analyst with Kotak Commodities.

  Domestic chana prices rose by 3.31% to Rs 3,645 per quintal in past three trading session on lower supplies in local mandis.

  Chana prices were also under pressure as domestic demand for the pea is weak by bulk consumers on quality issues, analysts said.

  The spread of May contract over April rose to Rs 8 per quintal and is expected rise further as lower acreage is pushing the prices of May, analysts said.

  Chana for April delivery fell 0.63% to Rs 3,619 per quintal on the National Commodity and Derivatives Exchange.

 

Soybean rise Fri on improved demand, US supply concerns

Soybean rise Fri on improved demand, US supply concerns

 

   By Dimple Chauhan

  MUMBAI, FEB 13 (TickerNews Service): Soybean rose at the closing of trades Friday on improvement in demand in international market and on supply worries after United States Department of Agriculture (USDA) trimmed US soybean production, said analysts.

  "Prices of the bean rose on improvement in demand indicated by robust US bean export numbers and on lower supply worries from US and Brazil," said Faiyaz Hudani an analyst with Kotak Commodities.

  Soybean prices were supported on USDA said private shippers sold 745,400 tons of soybeans for the 2014-2015 season, beating analysts' expectations and coming in 52% higher than the previous week and 29% higher than the prior four-week average.

  Prices of the bean were also supported USDA decreased 2014-15 United States soybean production forecast indicating tight supply in the world's biggest bean producer.

  The USDA trimmed US, the world's biggest bean grower, 2014-15 production estimates to 108 million tons unchanged from the previous estimates and 91.4 million tons a year ago.

  USDA also decreased forecast for 2014-15 US soybean ending stockpiles to 385 million bushels compared to 410 million bushels in the previous month and 92 million bushels a year ago.

  Brazil, the world's second biggest soybean producer, 2014-15 output may fall to 94.5 million tons compared to 95.5 million tons a month ago and 86.7 million tons a year ago, the USDA said.

  Soybean for April delivery rose 0.53% to Rs 3,392 per quintal on the National Commodity & Derivative Exchange (NCDEX).

  Spot soybean prices were up 0.47% to Rs 3,385 per quintal on the NCDEX.

  Crude palm oil dropped at the closing of trades Friday on taking cues from international market on subdued demand following weak Malaysia export data, said analysts.  

   Malaysia palm oil exports in Feb 1-10 fell 16% from a month earlier on weak demand from China, India, and Middle East while output of the edible oil fell 15% in January end due to floods, DowJones reported.

  Malaysia palm oil exports dropped to 298,910 tons in Feb 1-10 compared to 355,846 tons for the same period a month ago, Dow Jones reported citing data from Intertek a private surveyor showed today.

  CPO for February delivery slipped 0.64% to Rs 452.80 per 10 kilograms on the multi-commodity exchange (MCX).

  CPO spot prices rose 0.37% at Rs 451 per 10 kg on the MCX.

  Prices of the soyoil posted gain for the second straight trading session at the closing of trades Friday on speculation that government may hike imports duty on edible oil, said analysts.

  Last week, industry sought further increment in import duty on crude and refined oil to safeguard the interest of oilseed farmers by ensuring remunerative prices following higher imports, said Solvent Extractors' Association (SEA) of India in press release.

  "As a remedy to the current situation, we would once again like to strongly appeal to the Union Government to immediately increase import duty on crude vegetable prices," said B V Mehta Executive Director SEA of India.

  The industry is demanding the government to raise import duty on crude vegetable oils to 10% from 7.5% and on refined oil to 25% from 15% to support the inertest of the farmer.

  Meanwhile, India soybean oil imports jumped 28.80% in January after local demand of edible oils rose due to lack of domestic crushing, data release from the Solvent Extractors Association (SEA) of India showed.

  India's soyoil imports jumped to 224,430 tons in January compared to 174,236 tons for the same period a year ago, data released by the SEA of India showed.

  Soyoil for April delivery rose 0.59% to Rs 598.30 per 10 kilograms on the NCDEX.

  Spot soyoil prices jumped 0.04% to Rs 620.25 per 10 kilograms on the NCDEX.

  RM seed posted gain for a second straight trading session Friday on weak sowing data, indicating supply worries, said analysts.

  Oilseeds acreage was down at 6.51 million hectare as against 7.02 million hectare as farmers planted less mustard seed due to moisture stress in Rajasthan and Madhya Pradesh, two major mustard producing states.

  Late and lower monsoon rains of 2014 hit the sowing operations as there was moisture stress, said the official.

  RM seed for April delivery rose 1.03% to Rs 3,345 per quintal on the NCDEX.

  Spot RM seed prices jumped 0.86% to Rs 3,503.40 per quintal on the NCDEX.

Soyabean in Madhya Pradesh Physical Market.

Soyabean in Madhya Pradesh Physical Market.

At Dabra market in Madhya Pradesh, Soyabean Mandi finished at 0 per quintal, unchanged as compared to previous close. Soyabean Mandi at Khandwa market finished at nnbsp;3000-3280 per quintal, steady against previous close. Estimated market supply was at 700 quintals, steady as against previous dayn#39;s arrival. Soyabean Mandi at Rajgarh market ended lower at nnbsp;3150-3225 per quintal, down by 0.77 per cent against previous day. Arrivals were reported at 800 quintals, lower by 200 quintals as against previous day. Soyabean Mandi at Harda market ended at nnbsp;3300 per quintal, unchanged from previous close. Total arrivals are at 2000 quintals, up by 1200 quintals as against previous day. nnbsp; Soyabean in Madhya Pradesh Market (Prices in per quintal) Market Commodity/Variety Price Change Absolute Khandwa Soyabean Mandi 3000-3280 0 Rajgarh Soyabean Mandi 3150-3225 -25 Harda Soyabean Mandi 3300 0 nnbsp;