Rapeseed-mustard output may decline 12 per cent this year on unfavourable weather and frost, traders say.

Rapeseed-mustard output likely to decline 12% this year

Business Standard

Gold today extended losses for the second straight day by losing Rs 75 to Rs 28,865 per 10 grams on sustained selling by stockists in tandem with a weakening global trend.

Gold sheds Rs 75 on weak global cues, subdued demand

Press Trust of India

India imported $39.5 billion of gold in first nine months of this fiscal, but exported gold jewellery worth one-third of that amount despite higher value of finished products, clearly showing that the yellow metal was used to hedge against inflation in the backdrop of volatile markets and lack of other attractive options.

Gold imports thrice jewellery exports in April-Dec 2012

Malaysia has yet to cover 80,000 tonnes of corn for April shipment, while Vietnam is open for 100,000 tonnes of soymeal as most buyers postponed purchases this week, expecting prices to ease.

Asia grain-mills slow purchases, Malaysia open for April cargoes

Reuters 

Record volumes of oil trade and a crude price near $125 a barrel did not mean record profits for those gathered under the glittering chandeliers of the best London hotels for International Petroleum week.

Slim oil margins dampen traders' party spirit

China will cut its cotton imports one million bales to 16 million bales of cotton in 2012-13 from the previous year, the US Agriculture Depar-tment (USDA) said yesterday, as world cotton consumption rises for the first time in three years.

China cotton imports down 1 mn bales

Brent oil rose above $125 a barrel to end near a 10-month high on Friday as the International Atomic Energy Agency (IAEA) said Iran had sharply stepped up work on uranium enrichment.

Brent oil crosses $125 a barrel

Copper traders are the most bullish in two months on speculation that demand will strengthen from the US to China at a time when stockpiles monitored by the world&rsquo;s biggest metals exchange are at a 2 &frac12;-year low.

Copper traders most bullish in 2 months on demand 

India imported $39.5 billion of gold in the first nine months of this financial year, but exported gold jewellery worth a third of that, despite the higher value of finished products. This indicated the yellow metal was used to hedge against inflation amid volatile markets and lack of other attractive options.

India's love for gold disturbs CAD math

Gold is likely to test record high this week on concerns that heightened tensions between the West and Iran might worsen, prompting investors to buy the yellow metal to hedge risk.

Gold may set new record next week

Gold traders in India, the world's biggest buyer of bullion, booked deals after prices came off a ten-week high hit in the previous session, dealers said.

Gold traders book deals as prices off 10-wk high

Oil prices were lower in Asian trade today as traders took profits from last week's gains, while concerns over crude producer Iran's nuclear programme remain, analysts said.

Oil prices lower in Asian trade

Copper futures fell by 0.20% to Rs 421.75 per kg today after traders reduced positions, taking weak cues from global markets.

Copper weaken on global cues, subdued domestic demand

Zinc fell by 0.15% to Rs 101.15 per kg today as speculators reduced their positions in tandem with weakness in base metals in global markets.

Zinc down 0.15% on weak global trend

Crude oil prices fell marginally by 0.35% to Rs 5,387 per barrel in futures trade today on profit-booking at prevailing higher levels and a weakening trend overseas.

Crude oil down on profit-booking, overseas trend

Potato prices dipped by 2.23% to Rs 890.40 per quintal in futures market today as speculators offloaded their positions following lower demand in the spot market.

Potato dips 2.23% on increased supplies

Mentha oil prices shot up by Rs 39 to Rs 1,865 per kg in futures trading today due to pick up in industrial and exports demand.

Mentha oil gains 2.14% on industrial demand

Cardamom prices rose sharply by Rs 28.60, or 3%, to Rs 981.30 per kg in futures trade today as speculators enlarged their positions on the back of strong demand in the spot market.

Cardamom rises 3% on strong demand

Crude palm oil prices traded marginally lower by 0.06% to Rs 538 per 10 kg in futures trade today, owing to sluggish demand in the spot market against adequate stocks position.

Crude palm oil weakens on sluggish demand

Buoyed by a firming global trend, gold prices rose by Rs 48 to Rs 28,712 per ten grams in futures trade today.

Gold futures rise 0.17 % on global cues

Jeera prices rose by Rs 142.50 to Rs 13,13,982.50 quintal in futures trade today as traders created fresh positions buoyed by pick-up in spot demand.

Jeera up 1.03% on spot demand

Get the latest commodity market news and daily price updates on gold, silver, crude oil, and more. Stay informed with real-time trends and expert insights at Business Standard.

Page 1346 - Commodity News