Page 1649 - Commodity News

Govt planning to set up yarn bank

Turmeric extends gains on pick up in demand

Reports of lower output this season supported the uptrend

Jeera moves up 0.4% on spot demand

Prices went up as speculators created fresh positions

Chana falls 0.1% on higher output hopes

Expectations of higher output this season triggered the downtrend

Aluminium trades 0.4% higher on overseas cues

Prices went up as speculators enlarged positions

Copper prices marginally up on global cues

Firm trend in overseas markets influenced copper futures trade here

Potato down 0.1% on adequate supply

Prices fell as speculators offloaded positions

Crude palm oil rebounds 0.2% on overseas cues

Prices rebounded as speculators created fresh position

Yarn makers blend wool with man-made fibres to cut cost

Odisha eases sales restriction on ore from lease-expired mines

Traders say supply to get a boost of 10 million tonnes

6 mines resume operations in Karnataka

Together, these mines are allowed to produce 3.3 mt of ore a year, about 10% of the iron ore requirement of steel mills in the state

Potato recovers 0.5% on spot demand

Prices recovered as speculators created fresh positions

Lead rises 0.2% on spot demand

Firm trend overseas supported the uptrend here

Copper rises 0.2% on global cues

Prices rose as speculators enlarged positions

Barley falls 2.8% on stockist selling

Increased supply in physical markets also led to the fall in prices

Turmeric remains up on lower output hopes

Reports of lower output this season triggered the uptrend

Pepper extends gains, up 0.4% on tight supply

Prices went up as speculators enlarged positions

Chana remains high as demand picks up

Supplies from new season crop, expectations of rise in output capped the gain

Crude palm oil weakens 0.8% on overseas cues

Prices weakened as speculators offloaded positions

Mentha oil down 0.5% on increased arrivals

Increased arrivals from Chandausi triggered the downtrend