Copra Kozhikode and copra Rajapur prices rose at the spices market here today on renewed stockists as well as retail demand amid good offtake from millers.

Select copra rises on better demand 

Press Trust of India

Steady conditions prevailed in the wholesale sugar market today as prices moved in a thin range on small alternate bouts of trading and settled around previous levels.

Sugar prices remain steady in thin trade 

Small sugar prices recovered smartly at the Vashi wholesale market here today due to fresh demand from stockists and bulk consumers amid higher retail offtake.

Small sugar recovers on stockists demand    

Oilmeals export increased by 13% to 2.72 lakh tonne in July on the back of record oilseeds production in 2010-11 crop year ended June, according to industry data. The country had exported 2.41 lakh tonne of oilmeals in the same month last year.

Oilmeals exports up 13% in July    

Most of the base metals fell at the non-ferrous metal market here today due to lower demand from stockists as well as industrial users despite recovery in global market.

Base metals decline subdued industrial demand

Business Standard

Even as restriction of cotton export is being removed, the ginning industry in Gujarat has been expressing its dissatisfaction over the move by Centre.

Export ban removal won't benefit Gujarat cotton ginners

High maize prices, low demand to hit margins.

Starch makers wilt from both ends

Global production of natural rubber (NR) is expected to rise 3.3 per cent in April-June period of this financial year according to the latest data of the Association of Natural Rubber Producing Countries (ANRPC). The total production in this period is expected to be 2.15 million tonnes (mt), as against 2.09 mt in the same period last year.

Global natural rubber output may rise 3.3% in April-June

The International Gemological Institute (IGI) is the world&rsquo;s premier lab for certifying diamonds and fine jewellery, besides training people in these skills. The Antwerp-headquartered institute has been operating in India for 12 years, playing a big role in transforming the diamond processing sector from a scattered, local-centric industry to a world-class cutter and polisher. Roland Lorie, CEO, talks to Dilip Kumar Jha.

Q&A: Roland Lorie, CEO, IGI

Oil prices fell in Asian trade today after plunging more than 5% overnight as the weakening global economy and eurozone debt crisis threatened energy demand.

Oil prices down in Asian trade

Gold today hits yet another new record high of Rs 24,289 per 10 grams after the precious metal climbed to a record high in global markets.

Gold futures at new high of Rs 24,289 on global cues

Buoyed by a firming trend overseas, speculators indulged in building up huge positions, lifting the silver prices by another 0.73% to Rs 59,979 per kg in futures trade today.

Silver extends gains in futures trade on global cues

Mentha oil prices declined by 0.68% to Rs 1,125 per kg in futures trade today as speculators reduced their positions, driven by a weak trend at the spot market on subdued demand.

Mentha oil futures decline 0.68% on reduced offtake  

Crude oil prices fell by 0.94% to Rs 3,851 per barrel in futures trade today as speculators reduced their holdings, tracking a weakening global trend on slowing economy.

Crude oil futures fall on global cues 

Coriander declined by Rs 37 to Rs 5,387 per quintal in futures trading today as speculators booked profits at existing high levels, driven by a weak trend at the spot markets.

Coriander futures down on profit-taking

Tracking weakening global trend, crude palm oil prices fell by Rs 7.50 to Rs 477 per 10 kg in futures trade today.

Crude palm oil futures down on global cues  

Copper prices moved down by Rs 5 to Rs 426.50 per kg in futures trade today as speculators reduced their positions amid a weak trend at the London Metal Exchange.

Copper futures down on global cues 

However, silver nose-dived by Rs 3,100 to Rs 58,600 per kg on reduced offtake by industrial units and coin makers at existing high levels. Silver coins also tumbled by Rs 3,000 to Rs 63,500 for buying and Rs 64,000 for selling of 100 pieces.

Gold hits new high of Rs 24,350 silver sheds Rs 3,100 

Amid a weakening global trend and sluggish demand, edible oil prices fell further by up to Rs 50 per quintal in the wholesale oils and oilseeds market today.

Edible oils remains weak on global cues, sluggish demand  

Base metal prices fell by up to Rs 5 per kg in the local non-ferrous metal market today largely in line with a weakening trend overseas amid subdued domestic demand.

Base metals fall on global cues sluggish demand 

Saria prices declined by Rs 100 per tonne in the local steel market today due to reduced offtake by stockists following slow down in constructions activity.

Saria weakens on reduced offtake   

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