Page 1430 - Commodity News
 "India turns net importer of pepper")
NMDC ore to be sold through advance e-auction
Supreme Court-appointed CEC recommends new system in order to facilitate speedy supply of iron ore to steel mills
No change in cotton exports policy
Shankar-6 variety cotton today closed in Mumbai at Rs 10,095 per quintal
WB expects good potato crop due to extended winter
Prices of potato seeds in WB have gone up by almost 50% over the last year
 "WB expects good potato crop due to extended winter")
Record wheat buy set to raise storage woes
CACP criticises procurement policy, suggests waiver of stock limits on foodgrains
 "Record wheat buy set to raise storage woes")
Gold futures down on profit-booking, global cues
Gold futures succumbed to profit-booking by speculators with prices falling by 0.62% to Rs 28,733 per 10 grams today.
Crude palm oil rises on fresh buying support
Crude palm oil rises on fresh buying support
Potato falls 0.77% on adequate supply
Increased arrivals from producing belts also put pressure on potato
Mentha oil falls 0.9% on profit-booking
New arrivals from Chandausi in Uttar Pradesh also influenced the market
 "Mentha oil falls 0.9% on profit-booking")
Coriander falls 1.3% on sufficient supply
Prices fell as speculators reduced their positions
 "Coriander falls 1.3% on sufficient supply")
Cardamom falls 0.8% on subdued demand
Adequate stocks in the physical market also influenced the trade
 "Cardamom falls 0.8% on subdued demand")
Crude palm oil weakens 0.7% on profit-booking
Weakening trend in the overseas markets put pressure on the prices here
 "Crude palm oil weakens 0.7% on profit-booking")
Silver futures fall 1.2% on weak global trends
Worries that the US economic stimulus may soon dry-up weakened the Silver futures trade globally
 "Silver futures fall 1.2% on weak global trends")
Gold futures tumble 1% on weak global cues
Prices tumbled due to heavy selling by speculators
 "Gold futures tumble 1% on weak global cues")
Steep fall in gold turns platinum at premium after over three years
The spread between the two metals is currently working at around $54 an oz in London
 "Steep fall in gold turns platinum at premium after over three years")
Oil down in Asian trade
There are speculations that Saudi Arabian crude production could increase in the coming months
 "Oil down in Asian trade")