Page 1653 - Commodity News
Oil rebounds in Asian trade
Geopolictical concerns after Iran rejects US offer on nuclear talks, upbeat China data push up prices
 "Oil rebounds in Asian trade")
Groundnut exports might fall 30% this year
Apeda has made it mandatory for groundnut processors to register with IOPEPC before March 31
 "Groundnut exports might fall 30% this year")
Duty on shrimp: Crucial US decision on Monday
If CVD is imposed, India’s seafood export industry will face a deep crisis as the US is the largest importer of Indian seafood in value terms
 "Duty on shrimp: Crucial US decision on Monday")
FMC asks 3 commexes to explain net worth fall
Revised guidelines, framed in 2009, states exchanges should have net worth of at least Rs 100 cr on a continuous basis
 "FMC asks 3 commexes to explain net worth fall")
Crude palm oil marginally up on overseas cues
Marriage season triggered the uptrend in the trade
 "Crude palm oil marginally up on overseas cues")
Cottonseed up 0.77% on increased buying
Increased buying by traders boosted the trade
 "Cottonseed up 0.77% on increased buying")
Silver futures trade higher on spot demand
Rise in spot market demand supported the trade
 "Silver futures trade higher on spot demand")
Gold futures rise 0.16% on global cues
Strong overseas markets supported the gold trade here
 "Gold futures rise 0.16% on global cues")
Crude oil futures gain 0.3% on firm overseas cues
Report showing US fuel demand moving up triggered firm trend in overseas markets
 "Crude oil futures gain 0.3% on firm overseas cues")
Pepper remains weak, slips 1.3% on poor demand
Expectations of higher output this season also put pressure on pepper
 "Pepper remains weak, slips 1.3% on poor demand")
Lead moves down 0.23% on profit-booking
Subdued demand from battery-makers affected the trade
 "Lead moves down 0.23% on profit-booking")
Mentha oil falls 0.7% on profit-booking
Increased arrivals from Chandausi affected the prices
 "Mentha oil falls 0.7% on profit-booking")
Nickel rises 0.23% on spot demand
Pick-up in demand from alloy-makers spported the trade
 "Nickel rises 0.23% on spot demand")
Cardamom up on 1.3% spot demand
marriage season triggered the uptrend in demand
 "Cardamom up on 1.3% spot demand")
Copper marginally up on spot demand
Pick-up in demand from industries in the spot market supported the trade
 "Copper marginally up on spot demand")
 "Sugar companies' stocks up on decontrol buzz")
 "Rubber prices fall below Rs 160/kg after 3 years")
Bt cotton losing steam, productivity at 5-yr low
Falls prey to lack of innovation and pest attacks due to volatile climatic conditions
 "Bt cotton losing steam, productivity at 5-yr low")