Crude oil prices fell by 0.42% to Rs 4,078 per barrel in futures trade today as speculators reduced their holdings amid a weakening trend overseas ahead of the release of a key US economic report.

Crude oil down on weak overseas cues

Press Trust of India

Mentha oil prices shot up by Rs 27 to Rs 1,186 per kg in futures trade today, supported by increased demand from pharmaceutical units in the spot market against restricted arrivals.

Mentha oil rises in futures trade on spot demand

Cardamom prices declined by Rs 3 to Rs 722 per kg in futures trade today as speculators reduced their positions amid a weak trend in the spot market on subdued demand.

Cardamom futures decline 0.47% on subdued spot demand

Gold prices rose by 0.14% to Rs 27,253 per 10 grams in futures trade today, tracking a better trend overseas as speculation over US jobs data to be released later in the day boosted demand for the precious metal as a safe haven investment.

Gold edges up on global cues

Copper prices fell by 0.37% to Rs 421 per kg in futures trade today as speculators reduced their positions amid a weak trend on the London Metal Exchange on concerns about demand.

Copper down 0.37% on global cues

Coriander futures shed Rs 99 to Rs 5,275 per quintal in range-bound early trade today as speculators booked profits at existing higher levels, influenced by weak spot market demand.

Coriander sheds 1.8% on profit-booking

Nickel prices fell by 0.64% to Rs 996.20 per kg in futures trade today as speculators offloaded their positions amid a weak trend on the London Metal Exchange (LME).

Nickel futures down on weak global cues, subdued spot demand

Buoyed by a firming global trend and a pick-up in demand in the domestic spot market, crude palm oil prices rose by Rs 2.20 to Rs 488.60 per 10 kg in futures trade today on increased buying by speculators.

Crude palm oil up on global cues

Potato prices shed 0.54% to Rs 480.60 per quintal in futures trade today on subdued demand in the spot market against adequate stock availability.

Potato sheds 0.54% on subdued demand

Lead prices fell by over 1% in futures trade today amid a weak trend in the entire base metals pack on the London Metal Exchange (LME) and sluggish domestic spot market demand.

Lead declines on weak overseas trend

Supported by a pick-up in demand in the spot market due to the ongoing festive season, chana prices rose by Rs 31 to Rs 3,271 per quintal in futures trade today.

Chana rises on strong demand

Zinc futures prices fell by 0.96% today amid a weak trend on the London Metal Exchange (LME) as investors apprehended a decline in global demand.

Zinc down 0.9% on global cues

Jeera prices fell by Rs 161 to Rs 15,475 per quintal in futures trade today on stockists selling due to weak export demand.

Jeera falls on weak export demand

Silver prices spurted by Rs 1,046 to Rs 63,200 per kg in futures trade today, as speculators created fresh positions in tandem with a firm global trend.

Silver up on higher global cues

Pepper prices rose by Rs 279 to Rs 34,690 per quintal in futures trade today as speculators enlarged their positions, influenced by a pick-up in spot market demand amid restricted arrivals.

Pepper rises 0.8% on tight supplies

Turmeric futures prices declined by Rs 42 to Rs 5,768 per quintal today, due to adequate supplies in the physical market against subdued demand.

Turmeric futures down on adequate supply

According to the first estimate by the state agriculture commissionerate, the area under kharif foodgrain had also dipped to 5.96 million hectares against 6.96 mha earlier.

Late rainfall affects sowing, grain output in Maharashtra

Business Standard

With prices of two major raw materials viz. purified terephthalic acid (PTA) and mono ethylene glycol (MEG) being raised again, the synthetic yarn industry is reeling under shrinking margins. According to industry players, while the raw material prices have risen by Rs 5 a kg, synthetic yarn like polyester textured yarn (PTY) can only be raised by Rs 2 a kg, thereby affecting margins of yarn players.

High raw material prices hit synthetic yarn industry

In a major setback to the already struggling domestic textile industry, the government may remove 61 items, including 48 readymade garments, from the list of protected goods India has so far maintained under Safta, its free trade agreement with SAARC countries.

Domestic textile firms hit by duty-free imports from B'desh

Gold rose for the second day today adding Rs 275 to trade at Rs 28,190 per 10 gram at the bullion market here on buying by stockists and investors who took cues from firm global markets.

Gold, silver extend gains on rising global trend

The short-term picture for gold is turning more bullish and a strong close on Friday would see a move above the $1,900-an-ounce range in the coming days, say market analysts. Gold jumped 2.6 per cent on Friday, the most in almost four weeks, after a report showed that US employment stagnated in August. Gold&rsquo;s strong showing is prompting many market watchers to say they expect prices to rise next week. But they caution that prices could be volatile. Next week is a shortened trading week in the US, with markets closed on Monday for the Labor Day holiday.

Yellow metal may add more glitter 

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