Page 1650 - Commodity News
Copper rises 0.2% on global cues
Prices rose as speculators enlarged positions
 "Copper rises 0.2% on global cues")
Barley falls 2.8% on stockist selling
Increased supply in physical markets also led to the fall in prices
 "Barley falls 2.8% on stockist selling")
Turmeric remains up on lower output hopes
Reports of lower output this season triggered the uptrend
 "Turmeric remains up on lower output hopes")
Pepper extends gains, up 0.4% on tight supply
Prices went up as speculators enlarged positions
 "Pepper extends gains, up 0.4% on tight supply")
Chana remains high as demand picks up
Supplies from new season crop, expectations of rise in output capped the gain
 "Chana remains high as demand picks up")
Crude palm oil weakens 0.8% on overseas cues
Prices weakened as speculators offloaded positions
 "Crude palm oil weakens 0.8% on overseas cues")
Mentha oil down 0.5% on increased arrivals
Increased arrivals from Chandausi triggered the downtrend
 "Mentha oil down 0.5% on increased arrivals")
Cardamom falls 1.5% on sluggish demand
Increased arrivals from producing belts kept pressure on cardamom futures
 "Cardamom falls 1.5% on sluggish demand")
US to investigate duty on shrimp imports from India
Experts say, if the US authorities impose higher CVD on shrimp imports, it will badly affect India’s seafood exports industry
 "US to investigate duty on shrimp imports from India")
Rapeseed/mustard seed output to rise despite lower acreage
Output likely to go up 21% due to favourbale climate
 "Rapeseed/mustard seed output to rise despite lower acreage")
Gold dealers rush to set up refineries
Two per cent effective import duty gap between raw and refined gold to lead to Rs 900-cr investment
 "Gold dealers rush to set up refineries")
Jeera falls 0.8% on profit-booking
Prices dipped as speculators booked profits at existing levels
 "Jeera falls 0.8% on profit-booking")
Pepper up 1.24% on thin supply
Expectations of higher production capped the gains
Nickel extends gains on rising demand
Firming trend in overseas market supported nickel trade here
 "Nickel extends gains on rising demand")
Copper marginally down on subdued demand
Weak trend in overseas markets fuelled the downtrend in copper here
Sugar up 0.8% on pick-up in demand
Higher supplies in the physical market restricted the gains
 "Sugar up 0.8% on pick-up in demand")
Silver futures decline 0.3% on lower global trend
Lower global trend had a negative effect on silver futures here
 "Silver futures decline 0.3% on lower global trend")
Gold futures down 0.16% on global cues
Weak global trend affected gold futures trade here
Crude palm oil rises 0.3% as demand picks up
Prices went up as speculators created fresh positions
Mentha oil down 1.14% on profit-bookings
Increased arrivals from Chandausi in Uttar Pradesh also influenced mentha oil prices