Benchmark crude prices held above the $102 level in Asian trade today after easing off two-year highs, with traders awaiting further news on protests in Saudi Arabia, analysts said.

Oil holds above $102 on Saudi worries

Press Trust of India

Gold futures prices rose by 0.41%t to Rs 21,510 per 10 grams today, taking positive cues from global market.

Gold futures recovers on firm global cues

Cardamom prices fell by Rs 25.90 to Rs 1,173 per kg in futures trade today on profit-booking amid sluggish demand at the spot market.

Cardamom futures down 2.16% on profit-taking

Crude palm oil prices recovered by Rs 4.60 to Rs 535 per 10 kg in futures trade today, as speculators created fresh positions largely on the back of pick-up in spot demand.

Crude palm oil futures recover on spot demand

Chana futures prices softened by Rs 7 to Rs 2,682 per quintal today as speculators reduced their positions on sluggish demand in the spot market.

Chana futures soften on increased arrivals

Potato futures prices declined by Rs 8.60 to Rs 696 per quintal today, due to subdued demand in the spot market.

Potato futures decline 1.22% on increased supplies

Mentha oil prices rebounded by Rs 3.60 to Rs 966.10 per kg in futures trade today, on fresh demand in spot demand against less arrivals.

Mentha oil futures up 0.37% on spot demand

Sugar prices in futures trade fell by 1.25% to Rs 2,928 per quintal today, as speculators reduced their positions amid supply pressure in the spot market..

Sugar futures decline on supply pressure

Edible oil prices gained Rs 10 per quintal in an otherwise steady wholesale oils and oilseeds market today, on scattered buying by vanaspati millers amid a firming trend overseas.

Palmolein oil up on global cues

Wheat dara prices declined by Rs 5 per quintal in the wholesale grains market today due to reduced offtake by flour mills against adequate stocks.

Wheat dara declines on reduced offtake

Steady conditions prevailed on the wholesale pulses market today as prices moved in a narrow range and most pulses ended the day around previous levels.

Pulses prices remain steady

Copper prices remained weak and shed another Rs 2 per kg in the local non-ferrous metal market today on reduced offtake by consuming industries amid weakening trend at London Metal Exchange (LME).

Copper remains weak on reduced offtake

Quiet conditions prevailed on the local steel and iron market today as prices continued to move in a tight range in the absence of buying support and settled around previous levels.

Steel, iron prices end flat in thin trade

There was not much activity on the local plastic market today as polymers moved in a restricted range on subdued demand from plastic moulding units and settled around previous levels.

Polymers rule steady in thin trade

There was not much activity on the wholesale sugar market today as prices continued to trade in tight range on restricted buying against adequate stocks.

Sugar ends steady on restricted trade

Gur prices recovered by Rs 50 per quintal on the wholesale gur (jaggery) market today on fresh buying by stockists to meet the coming festival demand.

Gur recovers on festive buying support

Copra edible declined in an otherwise lacklustre spices market here today due to lower retail demand amidst poor consumer offtake.

Copra edible declines on poor demand

Sugar prices fell at the Vashi wholesale sugar market here today due to low retail demand amid selling pressure from the mills.

Sugar weakens on selling pressure

The central government has reinforced that the cap on cotton yarn exports, which was fixed at 720 million kg in December last year, must continue to stay, subject to exporters obtaining licence for the same. This move will open window for yarn manufacturers, facing a glut-like situation, to export 50 million kg cotton yarns till the month-end.

DGFT caps cotton yarn exports to 720 million kg

Business Standard

The devastating earthquake in Japan generated a wave of panic not only among rubber investors in Japan, but also in India. Indian investors rushed to square-off their positions in rubber, bringing down the price by three per cent in intraday trades on the National Multi-Commodity Exchange (NMCE) today.

Rubber futures on NMCE take a hit

Salt production in south Orissa's Ganjam district appears to be losing its charm among the farmers. The hectic activity, usually associated with this operation in the month of March along the Ganjam coast, is missing this time.

Salt output in state may go down sharply

Get the latest commodity market news and daily price updates on gold, silver, crude oil, and more. Stay informed with real-time trends and expert insights at Business Standard.

Page 1641 - Commodity News