Aluminium prices fell by 0.32% to Rs 110.40 per kg in the futures market today amid profit-booking by speculators.

Aluminium down 0.32% due to profit-booking

Press Trust of India

Potato prices traded marginally higher by 0.08% to Rs 762.90 per quintal in futures trading today due to improved demand in the spot market, driven by ongoing marriage season.

Potato tad higher on spot demand

Guarseed futures today hit the upper limit of 4% and set a new peak level over Rs 14,000 per quintal on brisk buying by speculators against limited stocks positions.

Guarseed hits upper circuit, crosses 14k level

Gur prices declined by Rs 22.50 to Rs 1,330 per 40 kg in future trading today in line with weak spot market trends.

Gur slips on weak spot market cues

Jeera prices fell by Rs 114 to Rs 14,577 per quintal in futures trade today as speculators booked profits at existing levels amid expectations of higher output this year.

Jeera falls 0.78% on profit-booking

Crude prices rose in Asia today as markets cheered Greece's approval of harsh austerity measures demanded by international creditors in return for a second bailout package, analysts said.

Crude up in Asia after Greek austerity deal

Business Standard

Cardamom prices surged by 3% to Rs 737.10 per kg in futures trade today, as speculators enlarged their positions, supported by strong demand in the spot market.

Cardamom surges 3% on strong demand

Pepper prices dropped by Rs 205 to Rs 29,310 per quintal in futures trade today as speculators offloaded their positions, triggered by rising arrivals in the physical markets.

Pepper declines 0.69% on rising arrivals

Amid profit-booking by speculators and sluggish spot demand, chana prices declined by Rs 27 to Rs 3,600 per quintal in futures trading today.

Chana sheds 0.74% on profit-booking

Lead futures fell by 0.28% to Rs 107.25 per kg today, as speculators locked-in gains at prevailing levels amid subdued demand from battery makers at the domestic spot market.

Lead falls on profit-booking, sluggish demand

Gold traders in India, the world's biggest buyer of bullion, stayed on the sidelines on Tuesday after a brief pick-up in activity the previous day, on expectations global prices will fall further tracking a weak euro.

Gold traders await further price fall

Reuters 

The three major producers of sandalwood &mdash; Karnataka, Kerala and Tamil Nadu &mdash; have received lukewarm response from user industries and temple trusts for the auction of the precious wood. Of 150 tonnes put on auction last month by the three states together, hardly 12 tonnes have been sold.

Sandalwood finds few takers at auctions

More than anything else, it is the cost of power that defines operational viability of an aluminium smelter. Depending on energy source and whether a smelter is backed by a captive power complex, electricity accounts for 30-50 per cent of aluminium making cost. Power is a relatively small cost component for other metals. Indian aluminium makers with linkages to coal mines but not ownership of coal blocks have time and again experienced irregular supplies, especially during monsoon months, forcing them to import and also buy the fuel through e-auction at a hefty premium.

Aluminium smelters' search for cheap power sources

Oil prices sank in Asia today as euro zone debt worries rose to the fore once again after Moody's slashed the ratings and outlooks of key European countries.

Oil prices sink to $100.66/ barrel in Asia

Gold futures prices declined by Rs 114 to Rs 28,005 per 10 grams today largely due to a weakening trend overseas as strengthening dollar curbed the demand for the precious metal.

Gold futures drop by Rs 114 on weak Asian cues

Zinc futures fell by 0.29% to Rs 102.80 per kg today as speculators reduced their positions in tandem with weakness in base metals in global markets.

Zinc down 0.3% on weak global trend

Cardamom prices surged by Rs 24.20 to Rs 817 per kg in futures trade today as speculators enlarged their positions supported by a firming trend at the spot markets on strong demand on account of marriage season.

Cardamom surges over 3% on strong demand

Nickel futures prices declined by Rs 5.10 to Rs 1,021.40 per kg today largely in tandem with a weakening trend in base metals overseas.

Nickel down on global cues, subdued spot demand

Gold futures declined by Rs 114 to Rs 28,005 per 10 grams today, largely due to a weakening trend overseas as a strengthening dollar curbed the demand for the precious metal.

Bullion futures down on weak Asian cues

Copper futures fell by 0.34% to Rs 415.75 per kg today after traders reduced positions, taking weak cues from global markets.

Copper weakens on global cues

Potato prices gained 1.77% to Rs 775 per quintal in futures trade today as traders enlarged their positions on the back of rising demand in the spot market due to ongoing marriage season.

Potato gains almost 2% on good spot demand

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