Mentha oil extended gains for the second straight day by gaining Rs 3 to Rs 1,636 per kg in futures market today on increased demand from pharmaceutical units.

Mentha oil extends gains as demand picks up

Press Trust of India

Zinc prices edged up by 0.40% in futures trade today after speculators created fresh positions, supported by rising spot demand and a firming global trend.

Zinc up 0.4% on good spot demand, global cues

Gold rose by Rs 350 to Rs 28,740 per 10 grams in the bullion market here today on buying by stockists and jewellery makers to meet the marriage season demand amid sharp rally in global markets.

Gold gains Rs 350, Silver Rs 800 on high demand

Oil eased slightly on Wednesday from a nine-month high as weak economic data in Europe and China cast doubt on the outlook for global growth and prospects for fuel demand.

Oil retreats, dragged by weak Europe economy data

Reuters 

The current global economic problems, led by the uncertainty in the euro zone, may have pushed precious metals and stones out of the reach of the common man. But, retailers&rsquo; latest move to clear their inventory could come as a respite for buyers.

Jewellers push sales via discounts

Business Standard

The tyre industry plunged into red during the third quarter (Q3) of the current financial year registering a net loss of Rs 32.1 crore, against a net profit of Rs 178.8 crore in Q3 of the last financial year.

Tyre firms skid to net loss in Q3 on high raw material costs

Gold futures rose by 0.33% to Rs 28,741 per 10 grams today, as speculators engaged in enlarging their positions, driven by a firming trend overseas.

Gold futures up 0.33% on global cues, spot demand

Nickel futures prices declined by Rs 2.80 to Rs 991 per kg today as speculators reduced their positions amid subdued demand from alloy-makers in the domestic spot markets.

Nickel down 0.28% on subdued spot demand

Tracking weakness in base metals amid sluggish demand from battery-makers, lead futures prices fell by 0.48% to Rs 104.05 per kg today.

Lead weakens by 0.48% on sluggish demand

Copper prices traded lower by 0.40% to Rs 415.55 per kg in futures trade today, as speculators offloaded their positions on a weak global trend.

Copper declines on weak global cues

Aluminium prices edged lower by 0.14% to Rs 110.20 per kg in the futures market, tracking a weak trend in global markets and subdued domestic demand.

Aluminium down 0.14% on sluggish demand

Mentha oil maintained its upward trend for the third straight day by rising Rs 5.70 to Rs 1,660.80 per kg in futures trading today, on pick-up in industrial and export demand.

Mentha oil maintains upward trend on rising demand

Potato continued to rise for the third straight day by gaining Rs 4.40 to Rs 787 per quintal in futures trade today on speculators enlarging their positions driven by rising demand in the spot markets for the ongoing marriage season.

Potato strengthens on increased demand

Jeera prices gained Rs 107 to Rs 14,040 per quintal in futures trade today as traders created fresh positions, driven by a rise in spot demand.

Jeera gains 0.77% on spot demand

Turmeric futures prices moved up by Rs 92 to Rs 4,790 per quintal today, as speculators created fresh positions, tracking a firming trend at spot market on pick up in demand.

Turmeric up 2% on spot demand

Gold today regained the psychological level of Rs 29,000 after 10 weeks on frantic buying by stockists and jewellers for the ongoing marriage season amid a rising global trend.

Gold crosses Rs 29,000, at 10-week high

World gold edged lower on Friday, although a weaker dollar supported positive sentiment after upbeat economic data in the previous session weighed on the greenback and sent bullion to a three-month high.

World gold off 3-month high, dollar weakness supports

Gold edged lower on Friday, after a four-day winning streak that sent prices to a three-month top in the previous session, while progress in solving Greece's debt crisis and a recent weakness in the dollar has put bullion on track for a rise this week.

Gold comes off 3-mth peak, heads for weekly gain

Around Rs 25,000 crore of the total debt on the books of country&rsquo;s various cotton spinning mills may be declared non-performing assets (NPA) by the first quarter of the next financial year beginning April.

Half of spinning sector debt to be NPA by April

After China removed India from the list of its oilmeal importing countries from January 1, Vietnam has laid down impossible phytosanitary regulations for Indian exporters, thereby threatening one of the largest agri-commodities export markets in India. Vietnam may suspend the import of agri-commodities from India.

After China, Vietnam likely to ban agri imports from India

A likely increase in Chinese demand could push global production of green palm oil to over five million tonnes this year, according to Swiss-based association RSPO.

Green palm oil output likely to cross 5 mn tonnes 

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