Page 1000 - Commodity News
Jan-March 2013 the weakest quarter for gold ETP inflow
Preliminary full month data for March shows that ETP holdings fell by 45 tonnes with outflows of 154 tonnes
 "Jan-March 2013 the weakest quarter for gold ETP inflow")
Aluminium falls 0.4% on global cues
Prices fell as speculators offloaded their positions
 "Aluminium falls 0.4% on global cues")
NCDEX launches cotton futures contract
29 mm cotton futures aims to address risk management requirements of value chain participants of cotton
 "NCDEX launches cotton futures contract")
Mentha oil down 0.9% on profit-booking
Prices fell as traders indulged in profit-booking
 "Mentha oil down 0.9% on profit-booking")
Zinc futures down 0.6% on weak Asian markets
Subdued spot demand had a negative impact on zinc futures prices
 "Zinc futures down 0.6% on weak Asian markets")
Nickel down 0.2% on Asian cues
Prices fell as speculators trimmed their positions
 "Nickel down 0.2% on Asian cues")
Crude oil futures down 1.7% on weak Asian cues
Trading sentiment weakened further after crude oil prices declined in Asian trade
 "Crude oil futures down 1.7% on weak Asian cues")
Cabinet may discuss sugar decontrol this week
If passed, the move may unshackle the Rs 80,000 cr sugar sector from govt control
 "Cabinet may discuss sugar decontrol this week")
Market pulse for agro commodities: Mangal Keshav
Total inflow of small cardamom crop declined to 61.4 tons from which 61.1 tons were sold at CPMC auction held at Kumily.
Market pulse for key metals and energy : Mangal Keshav
Silver holdings of ishares silver trust, the largest ETF backed by the metal, declined to 10,703.9 tons, as on March 28.
New crop arrivals weigh on agro commodities: Sharekhan
Buy sugar on dips for short term. sell chana, chilli and turmeric, while other agri- commodities are also likely to remain weak.
Oil prices down in Asia on profit-taking
Prices had pushed up for the fifth straight session on Thursday before markets closed Friday for Easter weekend
 "Oil prices down in Asia on profit-taking")
Jewellers woo consumers, banks
Banks apart, jewellers are also focusing on designs to attract customers
 "Jewellers woo consumers, banks")
NCDEX launches direct delivery cotton contract
The 29mm cotton futures contract would facilitate direct delivery mechanism for traders
 "NCDEX launches direct delivery cotton contract")
Despite huge stock, India misses wheat export bus
As of March 1, wheat stock stood at 27.1 mt, against the required 7 mt
 "Despite huge stock, India misses wheat export bus")
 "Industrial commodities on downward move")
Centre plans boost for cardamom biz
Agriculture Minister Sharad Pawar reviews the functioning of Cardamom Research Centre in Madikeri, Karnataka
Tea prices likely to increase by Rs 15-20 per kg this year
Low yield last year coupled with insufficient rainfall in tea producing states, may push prices upwards
 "Tea prices likely to increase by Rs 15-20 per kg this year")
Sugar output in India to drop on dry weather
The harvest will fall 6.5% to 23 mn tons in the year starting October 1 from 24.6 mn tons this year
 "Sugar output in India to drop on dry weather")
Tea sector, with govt help, brews diversion of US-led ban on Iran
Tea Board data shows exports to Iran in January-September 2012 was seven mn kg, of total exports of 125.7 mn kg
 "Tea sector, with govt help, brews diversion of US-led ban on Iran")