The wholesale steel and iron market ended on a flat note today as prices moved in a narrow range in limited deals and settled around previous levels.

Steel prices remain flat in thin trade 

Press Trust of India

Select base metal prices rose by up to Rs 5 per kg in the local non-ferrous metal market today on increased industrial demand amid a firming trend at the London Metal Exchange.

Base metals up on global cues

Maize prices registered a negligible increase to Rs 10,761 per tonne this week vis-a-vis the previous seven-day period on the back of reports of a normal monsoon in 2011-12 and higher deliveries in Bihar, a US Grains Council (USGC) report has said.

'Maize prices stable this week on deliveries from Bihar'

In restricted activity, moth prices fell further by Rs 100 per quintal in the wholesale pulses market today on subdued demand against adequate stocks.

Moth remains weak on subdued demand   

Gur prices ended steady in the national capital today as prices moved in a narrow range on thin trade and settled at last levels.

Gur raskat down on reduced demand 

Most of the base metals rallied at the non-ferrous metal market here today due to heavy stockists buying coupled with strong industrial demand influenced by firming trend at the London Metal Exchange (LME).

Base metals rally on global cues  

Refined palmolein prices continued to decline at the oils and oilseeds market here today due to subdued demand from stockists and retailers.

Refined palmolein declines on weak demand   

Silver prices rallied further at the domestic bullion market here today due to aggressive buying by speculators and traders on the back of strong rebound in global market.

Gold, silver surges on strong global rebound

Tenure, subsidy cap to be lower; small-scale units &amp; weaving segments get more focus.

Tuf scheme for textile, jute sector revived for a year

Business Standard

The law ministry has rejected the proposal of food ministry for direct manufacture of ethanol from sugarcane on a standalone basis and not only as a by-product of sugar by amending the Sugar Control Order under Section 3 of Essential Commodities Act.

Direct ethanol manufacture not under sugar decontrol order

Link payments to realisations from sugar and by-products.

Should cane pricing be formula-based?

Tyre companies are planning one more raise in prices, from next month, to cover the rising cost of rubber, a key raw material.

Tyre firms plan to raise prices 

Revises slab structure; move to drive up volumes, especially in non-agricultural segment.

NCDEX cuts transaction charges

Gold Field Mineral Services (GFMS) is a leading research agency for the bullion market. Its chairman, Philip Klapwijk spoke to Rajesh Bhayani on trends in gold and silver. He says prices of both metals may remain volatile for now but may not decline by a big margin.

Q&A: Philip Klapwijk, Chairman, GFMS

Cardamom prices rose by Rs 17.70 to Rs 984 per kg in futures trade today on fall in supplies against increased buying by traders in the spot markets.

Cardamom futures remain up on fall in supply  

Chana prices rose by Rs 12 to Rs 2,323 per quintal in futures trade today on low-level buying by traders following pick-up in domestic demand.

Chana futures up on low level buying   

Soyabean prices improved by Rs 18 to Rs 2,334 per quintal in futures trade today following increased buying, supported by firm overseas advices.

Soyabean futures up on firm global cues

Potato prices recovered by Rs 3.40 to Rs 563 per quintal in futures trade today as speculators created fresh positions on the back of pick-up in demand against less arrivals.

Potato futures recover on fresh buying support  

Crude palm oil prices rose for the second straight day by adding Rs 3.90 to Rs 520.80 per 10 kg in futures trade today as speculators enlarged their positions on the back of a rising trend at spot markets.

Crude palm oil futures remain up on global cues 

Mentha oil prices fell further by Rs 9.50 to Rs 946 per kg in futures trade today as traders indulged in profit-booking at existing high levels, driven by fall in demand in the spot market.

Mentha oil futures down on profit-taking 

Projecting a 1,89,000-tonne deficit in production of natural rubber in the country during 2011-12, the tyre industry today asked the government to bridge the gap by allowing the duty-free import of 200,000 tonnes.

Natural rubber deficit projected at 1,89,000 tn

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