Oversupply pressures down cocoa prices International cocoa markets Sawa meltdown on last Tuesday when New York futures plunged to their lowest level in over 25 years under the weight of global oversupply and stagnating consumption levels. Strong demand for nickel pushes up premiums in Tokyo, say traders Nickel supplies in Japan, the world's largest consumer of the metal, are tightening with demand for high-grade refined nickel rising and buying of ferro-nickel steady, traders and industry sources said. Poor output propel Australian nickel prices Strong world nickel prices were being propelled mainly by poor production from Australia's nickel laterite triplets with no relief in sight for months, Australian analysts said. Bearish trend persists in bullion as buyers stay away Two-day chemical seminar in Chennai Fly ash output to double -- Baalu SAIL to hike output of flat products Free sugar Government should permit exports of blended silk -- Body Comex gold ends steady, PGMs sluggish near highs, say dealers Vietnam coffee quiet, eyes government moves Oil races higher as spare US supplies shrink Government sets up committee to examine coal use as feedstock Committee for steel industry Cement prices in South likely to remain depressed in Q4
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