Page 1013 - Commodity News

Copper rises 0.7% on global cues

Prices rose as speculators created fresh positions

FMC levies 15% special cash margins on potato to cool down prices

To become effective from March 21, the proposed margin is purely meant to cool down potato prices in futures market

Jeera falls 1.4% on profit-booking

Prices droped as speculators booked profits at existing levels

Coriander falls 1.5% on profit-booking

Prices went down as speculators booked profits

Crude palm oil extends gains on global cues

Prices went up as speculators created fresh positions

Potato hits daily lower limit, down 4%

Prices went down as speculators offloaded their positions

Cardamom falls 0.7% on profit-booking

Prices fell as speculators booked profits at prevailing higher levels

Mentha oil falls more than 2% on profit-booking

Prices fell due to profit- booking by speculators at existing higher levels

Oil and oilseed market update: Nirmal Bang

In the domestic markets, soy complex treaded water on lack of any fresh cues in domestic as well as international market.

Market pulse for several metals and energy: Mangal Keshav

Gold holdings of SPDR gold trust, the largest ETF backed by the precious metal, increased to 1,222.16 tons, as on March 19

Market pulse for various commodities: Mangal Keshav

Arrivals of turmeric crop declined to below 20,000 bags at Nizamabad market & ~6,000 bags arrived across mandis of Erode.

India gold ETF sales fall as investors cut allocations in Soros' wake

Gold ETFs saw outflows of Rs 8 cr; sovereign-debt fund investments rose by Rs 446 cr, 6th straight month of inflows

Air cargo from Vizag set to boost Tuna fishing

Operators expect their revenues to double with the launch of air cargo from Visakhapatnam to international destinations like Singapore and Dubai

Coffee exports likely to drop 12-15% in FY13

Soda ash makers cut output as glass demand declines

Demand from the glass industry has reduced mainly due to slackness in the real estate and automobile sectors

Gold trades steady at one-week high on weak rupee

The govt's efforts to curb gold import has had little impact as the demand for the yellow metal still floats high

Mentha oil up 0.8% on pick-up in spot demand

Prices went up as traders created fresh positions

Crude palm oil up 0.8% on rising demand

Firming trend in overseas markets influenced crude palm oil futures trade here

Lead up 0.2% on strong spot demand

Prices rose as speculators created fresh positions

Aluminium up 0.3% on firm global cues

Firming domestic market demand supported the trade