US, EU markets continue to show fluctuating demand even in festive season difficult for long-term strategy
Raised tensions in the crude-producing Middle East push up prices
Higher global trend influenced crude palm oil futures here
Rising arrivals from producing centres also put pressure on chana futures prices
Less arrivals from Chandausi supported the upsurge
Marriage season triggered the demand uptrend
Weakness in base metals at London Metal Exchange limoted the fall
Hike in line with the recommendation of the Commission for Agricultural Costs and Prices
Rising prices of other edible oils too supported the trade
Firm spot market suported the uptrend
Expectations of lower output supported the uptrend
Speculators offloading their positions affected the trade
Reduced offtake by traders affected the trade
Price trebles in December rises five-fold in a year, Sharad Pawar assures the commodity to cool down soon
MONEY MAKERS 2005/ COMMODITIES
DOMESTIC REVIEW / BULLION
DOMESTIC: NON-FERROUS METALS