Sugar prices ended on a quiet note in the national capital today following scattered buying against sufficient stocks position.

Sugar ends quiet in thin trade   

Press Trust of India

Gold gained Rs 5 to Rs 22,270 per 10 gram in the national capital today on firm global cues while silver prices fell further by Rs 100 to Rs 53,200 per kg on sluggish demand at prevailing high levels.

Gold rises to Rs 22,270 on global cues, silver remains weak 

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

Steel prices remain quiet in thin trade 

There was not much activity in the local plastic market today as polymers continued to trade in a narrow range owing to sluggish demand from plastic moulding units and settled around previous levels.

Polymers remain flat in range-bound trade   

Caustic soda prices rose by Rs 50 to Rs 1,350-1,450 per 50 kg in the national capital today largely influenced by buying support from detergent and other consuming units.

Caustic soda rises on buying support 

Business Standard

Cashew prices declined by Rs 5 per kg in the national capital today owing to fall in demand from retailers and stockists.

Cashew declines on subdued demand 

Gur prices held steady in the national capital today following restricted arrivals against sporadic buying activities.

Gur closes quiet on some support  

Chilli and turmeric prices fell by up to Rs 300 per quintal in the national capital today due to subdued demand from retailers and stockists amid adequate stocks.

Chilli, turmeric fall on subdued demand 

Copra Rajapur prices fell sharply in the spices market here today due to subdued demand from stockists and traders coupled with lower export off-take, while copra Alapuzha and copra Kozhikode firmed up on fresh retail buying.

Copra Rajapur plunges on sluggish demand 

Most of the base metals dropped further at the non-ferrous metal market here today due to sustained stockists selling as well as subdued industrial offtake impacted by bearish overseas trend.

Base metals drop on global weakness   

Sugar prices drifted further at the Vashi wholesale market here today on reduced off-take from bulk consumers and stockists on the back of amply supply positions.

Sugar drifts on poor demand    

Groundnut oil prices continued to rise at the oils and oilseeds market here today due to consistent buying from stockists and bulk consumers.

Groundnut oil strengthens on rising demand  

Nickel futures rose by 0.06% to Rs 1,106.10 per kg today after speculators built up fresh positions, taking positive cues from the London Metal Exchange (LME).

Nickel futures marginally up on global cues   

Gujarat agriculture minister Dilip Sanghani today said the cotton prices in the country has fallen due to the &quot;anti-farmer&quot; export policies of the Central government.

Gujarat demands increase in cotton export quota      

The recent fall in raw cotton prices and subsequent decline in cotton yarn prices seem to have hit yarn markers. Spinning mills across the country fear it would put their margins under pressure.

Low cotton prices may hit yarn millers' margins

Sugar companies did well in the quarter ended March. They have reported 29 per cent growth in revenue from sale of sugar and a 182-basis points (bps) improvement in operating margins over a year. Aided by co-generation and distillery units, the operating margin jumped 440 bps over the December 2010 quarter. The net profit is up around two per cent, as against a 71 per cent decline in the quarter ended December.

Sugar firms' net profit up 2% in Mar qtr

While crude oil prices have gone up sharply in recent months, India&rsquo;s import bill has not risen as much. There is a $6-7 per barrel difference between the price of the benchmark Brent crude and that from West Asia, and India imports 70 per cent of its need from the latter region. So, the Indian crude basket has risen by much less.

Indian oil import basket rises slower than Brent crude

The country&rsquo;s synthetic rubber consumption rose eight per cent to 33,925 tonnes in February, while domestic supply rose 10 per cent to 9,634 tonnes in the same period, according to the Rubber Board.

Synthetic rubber consumption up 8%  

Oil was higher in Asian trade today but lingering concerns over waning US demand will limit prices, analysts said.

Oil recovers from overnight losses

Silver futures prices moved up by over 2% to Rs 52,671 per kg as traders enlarged their positions on the back of a firming trend overseas.

Silver futures up over 2% on global cues  

Gold prices rose by 0.38% to Rs 21,908 per 10 grams in futures trade today supported by a firming trend in the domestic markets as well as overseas.

Gold rises 0.38% in futures trade on firm global cues   

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