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

Press Trust of India

Mentha oil turned weak and prices fell by 0.28% to Rs 1,557.20 per kg in futures market today as speculators indulged in booking profits at existing higher levels.

Mentha oil turns weak on profit-booking

Tracking a firming global trend, crude palm oil prices rose by Rs 2.20 to Rs 533 per 10 kg in futures trading today.

Palm oil up 0.4% on strong global cues

Supported by pick-up in demand at the spot markets, chana prices moved up by Rs 50 to Rs 3,413 per quintal in futures trading today on increased buying by speculators.

Chana moves up on spot demand

Aluminium prices edged lower by 0.42% to Rs 107.85 per kg in the futures market after speculators reduced positions taking weak cues from overseas markets amid sluggish spot demand.

Aluminium weakens on global cues

Tracking weakness in other base metals amid sluggish demand from battery-makers, lead futures prices fell by 0.52% to Rs 106.05 per kg today.

Lead weakens on sluggish demand

Chilli prices rose by Rs 88 to Rs 5,306 per quintal in futures trade today as traders created fresh positions driven by pick-up in spot market demand.

Chilli up 1.7% on spot demand

Pepper prices gained Rs 475 to Rs 29,585 per quintal in futures trading today as speculators enlarged their positions on a firming spot market demand.

Pepper up 1.6% on firm spot demand

Gold edged higher on Wednesday but remained in a tight range around $1,720 an ounce, with investors on the sidelines because Greece has yet to convince European leaders of its ability to stick to unpopular reforms needed to secure a bailout.

World gold edges up, fresh Greek concerns still weigh

Reuters 

The Forward Markets Commission (FMC) has warned traders against wash trading, an illegal practice where an investor simultaneously buys and sells shares in a company through different brokers, artificially swelling the trading volume.

FMC warns tax evaders in commodity futures

Business Standard

Despite a halt on iron ore mining in Karnataka since July last year, the state government has earned a royalty revenue of Rs270 crore, about 62 per cent of the total royalty earnings in the last financial year. With two more months in the current financial year, royalty revenues are likely to go up further.

Karnataka rakes in Rs 270 cr royalty from iron ore e-auctions

In spite of lower demand, groundnut oil prices reached an all time high of Rs 1,810 per 15 kg tin on Tuesday, on grounds of poor availability of groundnut for crushing. Rajkot, which happens to be one of the major production centres for groundnut oil in Gujarat, saw prices of around Rs 1,805-1,810 per 15 kg tin.

Groundnut oil prices touch all-time high

The slowdown in overall demand due to a weak Indian economy has had a negative impact on retail chains, especially readymade garment makers.

As slowdown bites, garment makers fear retail chains may cut purchases

Mounting prices and falling demand of Red roses on Valentine&rsquo;s Day is adding to the florists&rsquo; woos in Chhattisgarh.

Rising rose price keeps lovers at bay in Chhattisgarh

The Spices Board of India has been undertaking programmes throughout the country especially in the states of Gujarat, Rajasthan, Madhya Pradesh, and Andhra Pradesh to effectively link the spices farmers of these states to the supply chain linked to exports.

Spices Board steps in to empower farmers

Oil was mixed in Asian trade today amid concerns about US energy demand and tensions between the West and major crude producer Iran, analysts said.

Oil mixed at $100.76 in Asia

Copper prices rose by Rs 2.95 to Rs 424.60 per kg in futures trade today as speculators enlarged positions on the back of a firming global trend.

Copper rises 0.7% on firming global cues

Lead futures were marginally up at Rs 103.05 per kg today on increased buying by speculators following pick up in domestic demand.

Lead trades 0.8% higher on spot demand

Mentha oil futures fell for the second straight day, losing Rs 6.20 to trade at Rs 1,579 per kg today on profit booking by speculators due to sluggish demand.

Mentha oil remains weak on profit-booking

Tracking a firming global trend, nickel prices rose by Rs 8.60 to Rs 1,017.80 per kg in futures trade today.

Nickel up almost 1% on firm global cues

Potato futures rose for the third day today, gaining Rs 3.60 to trade at Rs 766.10 a quintal, on rising demand in spot markets, driven by ongoing marriage season.

Potato extends gains for 3rd day on firm demand

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