Page 1652 - Commodity News
Cardamom climbs 1.9% on rising demand
Restricted arrivals from producing belts supported the trade
 "Cardamom climbs 1.9% on rising demand")
Sugar up 0.8% on pick-up in spot demand
Prices rose as speculators coverd short positions
 "Sugar up 0.8% on pick-up in spot demand")
Pepper down 0.6% on weak spot demand
Increased supplies from a new crop in the physical markets affected the trade
 "Pepper down 0.6% on weak spot demand")
Jeera declines 0.5% on higher output concerns
Jeera futures for April drifted by Rs 70, or 0.53%, to Rs 13,105 per quintal in 6,651 lots
 "Jeera declines 0.5% on higher output concerns")
Oil prices up in Asian trade
Traders optimistic that robust trade data from US, China will augur well for energy demand
 "Oil prices up in Asian trade")
Gold prices in correction mode
The main reason for falling prices internationally is that equities are turning favourable and many emerging and developed market indices are at multi-year highs
 "Gold prices in correction mode")
Branded tea market to double in 5 years
Rapid change in consumer behaviour is likely to support branded tea market more than its unbranded segment.
 "Onion prices rebound to Rs 1,825 a quintal")
 "Veggie prices fall on higher stock, low export")
Nickel up 0.8% on global cues
Firming global trend pushed up nickel futures trade here
 "Nickel up 0.8% on global cues")
Copper rises 0.4% on increased demand
Global trends strengthened after China's total exports surged 25%
 "Copper rises 0.4% on increased demand")
Castorseed prices slid 0.9% on selling pressure
Selling pressure in line with weak physical markets affected the trade
 "Castorseed prices slid 0.9% on selling pressure")
Barley falls on profit-booking
Weak spot market sentiments affected the trade
 "Barley falls on profit-booking")
Coriander falls 1.5% on weak demand
Adequate stocks availability at in physical markets triggered the downtrend
 "Coriander falls 1.5% on weak demand")
Onion prices stir up trouble ahead of state elections
Prices have more than doubled in the last three months and no respite is in sight
 "Onion prices stir up trouble ahead of state elections")
Mentha oil falls 0.55% on weak demand
Sentiments weakened on increased arrivals from the major producing regions
 "Mentha oil falls 0.55% on weak demand")
Cardamom rises by 0.34% on strong demand
Restricted arrivals from producing belts helped the trade
Potato gains 1.6% as demand picks up
Trading sentiment improved on restricted supply from producing regions
 "Potato gains 1.6% as demand picks up")
Crude palm oil rises 0.26% on spot demand
Pick-up in spot market demands supported the trade
 "Crude palm oil rises 0.26% on spot demand")