Page 1005 - Commodity News
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")
Silver futures weaken on reduced offtake
Decline in spot market demand kept pressure on silver futures trade
 "Silver futures weaken on reduced offtake")
Gold futures trade lower on profit-bookings
Gold futures traded low as speculators booked profits
 "Gold futures trade lower on profit-bookings")
Govt will take 'appropriate' decision on sugar decontrol: Anwar
Proposal based on Rangarajan report likely to be discussed at CCEA meeting next week
 "Govt will take 'appropriate' decision on sugar decontrol: Anwar")
Oil and Oilseed market update: Nirmal Bang
On the Chicago Board of Trade, soybean futures edged lower on Friday due to positioning ahead of the next week's US government stock and planting report.
Market pulse for various agro commodities: Mangal Keshav
Average price of small cardamom increased to '668.9 per kg while maximum price offered was up at '1,030 per kg, as per spice board.
Market pulse for key metals: Mangal Keshav
Gold holdings of SPDR gold trust, the largest ETF backed by the precious metal, declined to 1,221.26 tons, as on March 21.
Oil prices up in Asia on Cyprus bailout deal
Deal involves breaking up Laiki (Popular Bank), while deposits above 1,00,000 euros in Bank of Cyprus will take a major 'haircut'
 "Oil prices up in Asia on Cyprus bailout deal")
Gold ETFs unlikely to lose sheen despite fall in prices
A trend can't be drawn from the fall in the AUMs for one short period, analysts say
Govt wants PSBs to consider separate credit limit
Wind power projects face hurdles in getting bank finance
 "Govt wants PSBs to consider separate credit limit")
Demand for synthetic diamonds on the rise
Synthetic diamonds were introduced two decades ago to serve the interests of price-sensitive customers
 "Demand for synthetic diamonds on the rise")
Tea season starts on a strong note
Good varieties of Assam tea are sold at Rs 200-250 a kg, against Rs 180-200 a kg a year earlier
 "Tea season starts on a strong note")