Page 1431 - Commodity News
Silver futures down 0.1% on reduced offtake
Reduced offtake by traders affected the trade
 "Silver futures down 0.1% on reduced offtake")
Gold futures fall 0.3% on sluggish demand
Prices fell as speculators offloaded their positions
 "Gold futures fall 0.3% on sluggish demand")
Gold, silver fall on sluggish demand
Gold fell further by Rs 200 to Rs 30,200 per 10 grams
Coriander falls 1.2% on adequate stocks
Prices fell as speculators reduced their positions
 "Coriander falls 1.2% on adequate stocks")
Jeera falls 1% on profit-booking
Increased supply from the producing regions
 "Jeera falls 1% on profit-booking")
Crude palm oil up 0.7% on rising demand
A firming trend in the overseas markets influenced crude palm oil futures trade here
 "Crude palm oil up 0.7% on rising demand")
Cardamom surges 0.8% on spot demand
Less arrivals from producing regions supported the uptrend
 "Cardamom surges 0.8% on spot demand")
Potato falls 0.9% on reduced offtake
Prices fell due to weak spot market trend
 "Potato falls 0.9% on reduced offtake")
Chilli extends losses, slips 2% on selling pressure
Prices dropped as speculators booked profits
 "Chilli extends losses, slips 2% on selling pressure")
Mentha oil up 1.5% on pick up in spot demand
Prices moved up as traders created fresh positions
 "Mentha oil up 1.5% on pick up in spot demand")
The golden truth
Physical gold is good for consumption, but don't bank on it as an investment vehicle
Gold ETF: the frontrunner among idle assets in India
Over Rs 15,000 cr funds are locked in the various schemes of gold trade funds
 "Gold ETF: the frontrunner among idle assets in India")
Edible oil prices to remain subdued till June 2013 on ample supplies: Religare
Much depends on how the south west monsoon progresses over India and on soybean crop sowing prospects in the US
 "Edible oil prices to remain subdued till June 2013 on ample supplies: Religare")
Silver falls to six-month low, set to decline further
The contract of silver for delivery in April 2013 on the Multi Commodity exchange recorded 2.05% decline to trade at Rs 56,821 a kg
India not expected to export sugar for up to three years
Higher production costs price shipments out of the global market
 "India not expected to export sugar for up to three years")
UP-based sugar mills will see decline in operating profit this year
High cost of production and low realisation are the reasons. says a Care Ratings study
Oil prices mixed in Asian trade
A chokepoint at an important US pipeline eased
 "Oil prices mixed in Asian trade")
Onion prices fall on high arrivals, low demand
January’s sharp spurt cools off, as demand from domestic buyers and exporters moderates
 "Onion prices fall on high arrivals, low demand")
Unseasonal rain damages potato crop
15-20 days rainfall in Uttar Pradesh, Haryana, West Bengal and Bihar takes a toll on the harvest