Pepper prices surged by Rs 175 to Rs 26,534 per quintal in futures trade today on the back of squeeze in supplies in the spot market.

Pepper futures gain 0.66% on tight supply

Press Trust of India

Zinc prices edged up by 0.32% to Rs 108.25 per kg in futures trade today on fresh buying by traders, supported by a firm trend in global markets.

Zinc edges higher in futures trade on fresh buying

Maize prices increased by Rs 8.50 to Rs 1,262 per quintal, in futures trade today on the back of low level buying by traders on a firm spot market.

Maize futures recover on short covering

Soyabean futures prices rose up by Rs 14 to Rs 2,533 per quintal today on sustained buying support by traders on the back of firm overseas advices.

Soyabean futures up on renewed buying support

In restricted trade, refined soya oil prices traded marginally higher by 0.08% to Rs 618.70 per 10 kg in futures trading today on pick up in demand in the spot market.

Refined soya oil futures up on pick-up in demand

Lead prices traded higher by Rs 1.10 to Rs 125.05 per kg in futures trade today on pick-up in demand from battery makers amid a firming global trend.

Lead futures rise on pick-up in demand

Nickel prices rose by Rs 4.90 to Rs 1,144.30 per kg in futures trading today as speculators indulged in enlarging their positions, buoyed by a firming global trend.

Nickel futures rise on firm global cues

Increase due to rising cost of raw materials such as coal and furnace oil, but the market is absorbing it.

Paper prices up on buoyant demand

Business Standard

Uncertainty over industrial growth in the user segment due to geo-political events, dwindling European sovereign debt problems and shaky outlook for industrial production in key markets could result in a major liquidation of copper in the first half of the current calendar year. As a consequence, copper prices may fall three per cent to below $9,000 in the next two months, says Copper Survey 2011, a report published by GFMS.

Copper may fall below $9,000 by June: GFMS

Expecting bumper wheat production in most states, government agencies are targeting procurement of 26.3 million tonnes (mt) of the foodgrain against the 22.5 mt collected last year.

FCI sets 26.3 mt wheat procurement target

The Tobacco Board has agreed to increase the minimum guarantee price by Rs 4 a kg to farmers of F1 Grade from the current Rs 120. This was decided after board Chairman G Kamalavardhana Rao held meetings with representatives of farmers and traders.

Board raises tobacco price by Rs 4 per kg

After removal of special margins imposed on guar seed and guar gum, traders have again started taking fresh positions in the futures market. The margins were imposed more than a month ago to control price volatility. Prices reached unusual high levels and the relaxation in margins have not helped much in bringing these down, as fundamentals have come into play and prices are expected to go up again.

Removal of special margins may push up guar seed prices

India's foodgrains production is estimated at a record 235.88 million tonne in the 2010-11 crop year, ending June, on the back of the highest-ever output of wheat and pulses, Agriculture Minister Sharad Pawar announced today.

Record foodgrains output in 2010-11: Pawar

Silver futures prices shot up by 0.59% to Rs 59,177 a kg today as speculators created fresh positions after white metal climbed to a 31-year high in global market.

Silver extends gain in futures trade on global cues 

Gold prices rose by Rs 18 to Rs 21,477 per 10 grams in futures trading today as speculators enlarged their positions after the precious metal climbed to a record high.

Gold futures up on firm global trend

Cardamom prices recovered by Rs 7.80 to Rs 1,109 a kg in futures trade today as speculators created fresh positions, supported by a rise in spot demand against restricted supply.

Cardamom futures recover on firm spot demand

Mentha oil prices fell by Rs 2.80 to Rs 1,037 per kg in futures trade today as speculators indulged in profit-booking, driven by subdued demand in the spot market.

Mentha oil futures down on profit-booking

Copper prices rose by Rs 4.90 to Rs 423.25 a kg in futures trade today as speculators enlarged their positions, driven by pick-up in demand in the spot markets amid firming global trend.

Copper futures up on pick-up in demand, global cues

Lead prices moved up by 0.36% to Rs 124.65 per kg in futures trading today on pick-up in demand in the spot markets particularly from battery makers.

Lead futures marginally up on spot demand

Refined soya oil prices rose by Rs 4.90 to Rs 623.35 per 10 kg in futures trading today as speculators enlarged their positions on the back of rising spot demand.

Chana prices rose further by Rs 7 to Rs 2,410 per quintal in futures trade today as speculators enlarged their positions, supported by rising demand in the spot market.

Chana futures remain up on rising demand

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