Page 1004 - Commodity News
Oil down in Asia on eurozone bank bailout concerns
Worries that Cyprus deal would become template for handling fragile banks in euro zone sends oil prices lower
 "Oil down in Asia on eurozone bank bailout concerns")
Silk Board campaign to promote Indian silk
The board aims to promote Silk Mark as the national common silk brand for global markets on the lines of Thai silk, Korean silk and Chinese silk
 "Silk Board campaign to promote Indian silk")
Assam tea industry asks for irrigation scheme
The industry is faced with a drought-like weather condition, which is turning from bad to worse with each passing year
 "Assam tea industry asks for irrigation scheme")
 "Chinese lethargy in smelter capacity use hits world aluminium")
Jeera softens 0.3% on supply pressure
Hopes of higher output this season also put pressure on jeera
 "Jeera softens 0.3% on supply pressure")
Sugar trades up 0.2% on demand hopes
Summer season increased hopes of spot market improvement
 "Sugar trades up 0.2% on demand hopes")
Pepper falls 0.6% on weak export demand
Expectations of higher output also influenced pepper prices
 "Pepper falls 0.6% on weak export demand")
Chilli falls 1.8% on sluggish demand
Adequate stocks in physical market fuelled the downtrend
 "Chilli falls 1.8% on sluggish demand")
Turmeric down 0.7% on increased supplies
Adequate stocks affected the turmeric futures trade
 "Turmeric down 0.7% on increased supplies")
Chana falls 0.5% on adequate supply
Estimates of higher output put pressure on chana prices
 "Chana falls 0.5% on adequate supply")
Potato gains more than 1% on upsurge in demand
Less arrivals from major producing regions also supported the trade
 "Potato gains more than 1% on upsurge in demand")
Crude palm oil declines 0.4% on global cues
Prices went down as speculators trimmed their positions
 "Crude palm oil declines 0.4% on global cues")
Cardamom rises 0.5% on pick up in demand
Prices rose as speculators created fresh positions
 "Cardamom rises 0.5% on pick up in demand")
Mentha oil down more than 2% on profit-booking
Prices fell due to fall in spot market demand
 "Mentha oil down more than 2% on profit-booking")
India's FY14 sugar output likely to be positive
However, due to drought, cane growers in Maharashtra and Karnataka have not yet started sugarcane planting
 "India's FY14 sugar output likely to be positive")