Copper prices fell by 0.88% in futures trade today as speculators offloaded positions after it slipped to over three-week low at the London Metal Exchange.

Copper sheds almost 1% on weak global cues

Press Trust of India

Zinc futures prices fell by 65 paise, or 0.65%, to Rs 98.95 per kg today, largely in tandem with a weakening trend in base metals overseas.

Zinc sheds 0.6% on weak global cues

Mentha oil continued to slide for the third straight day, losing Rs 6.60 to Rs 1,572.40 per kg in futures trading today as traders reduced their holdings after decline in demand in the spot market.

Mentha oil continues to slide in futures trade

Crude palm oil prices fell by Rs 3 to Rs 525.60 per 10 kg in futures market today as speculators reduced positions following weak global trend.

Palm oil declines on global cues

Amid weak trend in global markets and sluggish demand in spot market, lead prices fell by 0.49% to Rs 102.45 per kg in futures trade today.

Lead trades lower on global cues, subdued demand

Pepper prices jumped up by Rs 330, or over 1%, to Rs 30,885 per quintal in futures trading today as traders enlarged their positions, supported by pick up in demand in spot market.

Pepper gains 1% on good spot demand

Nickel futures declined by 0.45% to Rs 991.60 per kg today largely due to weakness in base metals pack at the London Metal Exchange (LME).

Nickel down 0.45% on weak overseas cues

Chana prices moved down by Rs 32 to Rs 3,427 per quintal in futures trading today as speculators booked profits on sluggish demand in the spot market.

Chana down 1% on profit-booking

Aluminium futures fell by 0.32% today after speculators reduced their positions, triggered by a weak trend at the London Metal Exchange (LME).

Alumininum down 0.3% on weak global cues

Maize prices declined by Rs 21 to Rs 1,193 per quintal in future trading today following selling by traders in tandem with lower global cues.

Maize sheds 1.7% on selling pressure

Cardamom prices fell by another Rs 8.80 to Rs 804 per kg in futures trade today as speculators offloaded their positions, tracking a weak trend at spot market.

Cardamom remains weak on sluggish demand

Potato prices fell by Rs 8.50 to Rs 759.80 per quintal in futures trade today on increased supplies against lower demand.

Potato sheds 1.1% on increased supplies

Turmeric prices fell by Rs 166 to Rs 4,958 per quintal in futures market today as speculators indulged in profit-booking following subdued demand in the spot market.

Turmeric falls over 3% on profit-booking

Castorseed prices looked down by Rs 39 to Rs 3,826 per quintal in future trading today following increased selling by traders following weak spot markets sentiment.

Castorseed declines 1% on weak spot market

An increase in natural rubber (NR) production in January has eased the pressure on the demand-supply gap in the domestic market. Production rose 3.7 per cent in January to 102,500 tonnes, compared to 98,800 tonnes in the same month of the previous year. Whereas, consumption during the month fell 2.4 per cent to 82,000 tonnes, compared to the previous month.

Natural rubber production up 3.7% in January

Business Standard

The sugar production in Uttar Pradesh has exceeded 4.5 million tonnes (MT), which is 13 per cent higher compared to similar period last year.

UP sugar output rises 13%, exceeds 4.5 mn tonnes

China surpassed India, the perennial leader in gold demand, for the first time during the fourth quarter of 2011 due to the lack of alternative investment options in the world&rsquo;s most populous country. The price-conscious Indian consumers stayed largely away from active buying during the October-December quarter on the rupee&rsquo;s record appreciation, while Chinese buyers remained encouraged due to the yuan&rsquo;s firmness.

China surpasses India in gold demand

Giving relief to India&rsquo;s seafood exports sector, the US Department of Commerce (DoC) has cut anti-dumping duty on frozen shrimp exports to nil.

Zero anti-dumping duty on shrimp exports to US

For, Iran is a major consumer of India&rsquo;s orthodox quality tea. It directly imports about 15 million kg every year from India, while another 50 million kg is exported through other routes, such as Dubai, industry insiders say. This is a high proportion of India&rsquo;s total tea exports in 2011, which was 187 million kg.

Iran trade sanctions worry India's tea exporters

Oil prices edged higher in Asian trade today on continued tension between Western powers and crude producer Iran, as well as positive economic data from the United States, analysts said.

Oil higher due to tension in West Asia, US data

Sugar prices rose by Rs 43 to Rs 2,958 per quintal in futures trade today as speculators preferred to cover up their short positions.

Sugar recovers in futures trade on short-covering

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