Page 1434 - Commodity News
Gold prices slip to 6-month low of under Rs 30k per 10 g in Mumbai
Global cues may further weaken the yellow metal; imports seen under control after January surge
 "Gold prices slip to 6-month low of under Rs 30k per 10 g in Mumbai")
Wheat, maize exports to remain globally competitive till June: NCAER report
The overall food sector will continue to show year-on-year increase of 9.5 per cent in prices till February
 "Wheat, maize exports to remain globally competitive till June: NCAER report")
India, other major tea producers mull platform to stabilise prices
The combined output of these six countries is a little over 80% of the global black tea
 "India, other major tea producers mull platform to stabilise prices")
Textile industry on a comeback trail
Cheaper raw materials, coupled with a favourable foreign exchange scenario and full capacity utilisation
 "Textile industry on a comeback trail")
Gold hits 6-month low; silver sinks below 57K
Yellow metal closes below Rs 30,000 per 10 gm on aggressive selling by traders, driven by global sell off
 "Gold hits 6-month low; silver sinks below 57K")
Govt cuts import tariff values of gold, silver
Tariff value is base price on which customs duty is determined to prevent under-invoicing
Sugar remains weak on poor demand
Weak spot demand, rising higher supplies affected the trade
 "Sugar remains weak on poor demand")
Chilli up 1.4% on pick-up in demand
Tight supplies from producing region also pushed up chilli futures trade
 "Chilli up 1.4% on pick-up in demand")
Silver futures down 0.2% on global cues
Subdued domestic demand affected the silver futures trade
 "Silver futures down 0.2% on global cues")
Gold futures down 0.3% on global cues
Prices fell as participants off-loaded partial positions
 "Gold futures down 0.3% on global cues")
Zinc down 0.2% on subdued demand
Weak spot market trends due to subdued demand affected the trade
 "Zinc down 0.2% on subdued demand")
Lead down 0.3% on profit-booking
Profit- booking by speculators at prevailing levels affected the trade
 "Lead down 0.3% on profit-booking")
Copper marginally down on weak global trends
Prices dropped as speculators trimmed positions
 "Copper marginally down on weak global trends")
Oil mixed in Asian trade
Weak economic growth in Europe offsets improving employment data from the US
 "Oil mixed in Asian trade")
Inflated fortunes
INVESTING INSIGHT
Prices flare up as winter hits West
Domestic Review / ENERGY
Non-ferrous rally
INVESTING INSIGHT