Menthol prices strengthened by Rs 5 per kg in local chemical market today on increased demand from pharmaceutical units and other consuming industries against limited arrivals.

Menthol strengthens on increased demand  

Press Trust of India

Jeera and pepper prices rose by Rs 100 per quintal in the wholesale kirana market today on stockists buying following pick-up in demand, driven by ongoing festive season amid decline in arrivals.

Jeera, pepper rise on stockists buying   

Both the precious metals, gold and silver, climbed in the national capital today on buying by stockists and investors. While, gold gained Rs 150 to Rs 26,250 per 10 gram, silver added Rs 1,100 to Rs 60,200 per kg.

Gold rises by Rs 150, silver adds Rs 1,100 on firm global cues    

In thin trading, wheat dara prices declined by Rs 5 per quintal in the wholesale grains market today due to reduced offtake by flour mills against adequate supplies.

Wheat dara declines in thin trade

Steady conditions prevailed in the wholesale pulses market today with most commodities after moving in a narrow range on selective activity, settled around previous levels.

Pulses prices remain steady 

Quiet conditions prevailed in the local steel market today as prices continued to move in a narrow range and settled around previous levels.

Steel prices remain steady in thin trade  

Select base metals drifted by Rs 2 per kg in the local non-ferrous metal market today owing to slackness in industrial demand amid a weakening global trend.

Select base metal prices fall on lower global trend   

Sugar prices declined by Rs 15 per quintal in the national capital today following ample supply against restricted buying activity.

Sugar eases on ample supply 

Edible oil prices strengthened by up to Rs 50 per quintal in the wholesale oils and oilseeds market today largely on the back of buying by vanaspati millers for the ongoing festive season amid a firming global trend.

Edible oils strengthen on pick-up in demand, global cues

The wholesale jaggery market closed on a quiet note in the national capital today as gur prices moved in a tight range on alternate small bouts of trading before settling at last levels.

Gur ends flat on some support  

Medium sugar prices moved up slightly at the Vashi wholesale market here today on better offtake from retail consumers.

Medium sugar moves up on better offtake 

Black pepper prices rose at the spices market here today due to brisk buying by stockists bulk consumers ahead of the festive season amid higher export demand.

Black pepper rises on higher offtake, copra declines

Most of the base metals slipped at the non-ferrous metal market here today on stockists selling amidst subdued industrial offtake following lower LME advices.

Base metals slip on global cues 

Linseed oil spurted at the oils and oilseeds market here today due to good demand from paint and allied industries.

Linseed oil spurts on good demand

The government&rsquo;s move to allow an additional 0.5 million tonnes of sugar exports on top of one million tonnes permitted earlier is well intended. However, the total permissible exports are still not enough to adequately slash unsustainable inventories and improve the economic health of the sugar industry so that it can clear the mounting cane price dues.

Sugar, sugar

Business Standard

Gold bulls need to proceed with caution as the bullish precious metal has entered an overbought zone rallying more than 20 per cent from a key average.

Bullish gold enters overbought territory

A 31 per cent increase is expected in agriculture production this kharif season in Tamil Nadu, compared to last season.

Tamil Nadu Agri output to rise 31%

So far, there has been a 25 per cent rise in acreage of the commodity.

Castor sowing, output to see sharp rise in 2011-12

As the Kharif sowing gets into its last leg amid a mixed monsoon in Gujarat, acreage under cotton has spurted by over 252,000 hectares in the state, officials said on Tuesday.

Cotton area rises by 250,000 ha in Gujarat

The net worth of Power Exchange of India Ltd (PXIL), one of the two in the country, has slipped into a negative zone. The exchange, which began operations in 2008, has also seen business volumes shrink to less than 20 per cent of total market volumes for the past two years.

Power Exchange asked to present turnaround plan to continue operations

Companies change the way they calculate the value of gold, leading to a lower loan-to-value for customers.

Gold jewellery will now fetch less loan

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