Page 1007 - Commodity News

Mentha oil up 0.8% on firm spot demand

Expectation of lower arrivals in spot markets influenced the trade

Market pulse for precious and industrial metals: Mangal Keshav

Finance minister of Maharashtra has proposed to hike Value added tax (VAT) on gold, silver and jewellery made from these metals from 1% to 1.1%, this hike in tax will be limited only for one year, as

Oil and Oilseed market update: Nirmal Bang

In the domestic market, soybean complex edged higher after trading in a narrow range for five days in a row.

Market pulse for various agro commodities: Mangal Keshav

Finance minister of Maharashtra has proposed to hike tax on sugarcane purchase from 3% to 5% to raise fund for drought relief, as per annual state budget for FY2013-14.

WTI crude drops as manufacturing adds to Cyprus concern

Futures down as much as 0.8 per cent in New York

Cotton crop worldwide seen falling

Farmers are making more money planting grains even after the fibre's rally

Ore exports from Andhra ports decline

Visakhapatnam and Kakinada ports lost 30%, Gangavaram has lost more than 80%

Scrap import to go up 25% in FY13

Steel mills' dependence rises, with estimated gap of 11 mt between domestic demand and supply

Tyre makers cut prices on high inventory, poor demand

Prices slashed by 1-5% across all product categories; companies are passing on the benefits of lower natural rubber prices to the customers

India gold buying seen reviving in April wedding season

Demand from India, the world's biggest gold consumer, languished before next week's Holi festival

Gold slightly down on strong rupee

In the overseas markets, gold traded steady as a let up in worries over Cyprus's bailout

Potato rises 3% on limited supply

Prices rose as speculators enlarged their positions

Cardamom weakens 0.8% on poor demand

Prices weakened as speculators reduced their positions

Crude palm oil up almost 1% on sustained demand

Crude palm oil extended gains for the third straight session

Mentha oil up more than 1% on strong spot demand

Prices went up as traders created fresh positions

Aluminium rises 0.5% on overseas cues

Prices rose as participants enlarged their positions

Zinc up 0.6% on overseas cues

Prices went up as speculators enlarged positions

Lead up 0.7% on strong spot demand

Strong domestic demand from battery-makers supported the trade

Nickel up 0.4% on firm global cues

Increased demand from alloy-makers also influenced prices

Copper up 0.6% on strong global cue

Prices rose as speculators enlarged positions