Page 2202 - Commodity News
Copper up 0.77% on spot market demand
Firm global trends raised the demand for base metals
Nickel up 1.2% on higher overseas advices
Pick-up in demand from alloy makers triggered the uptrend
Lead surges 2.36% on global cues
Demand from battery-makers triggered the rise
Copper near two-and-half-month high on US deal, China data
The metal used in power and construction hit an intraday high of $8,256.50 a tonne on Thursday, its highest since mid October
Smuggling to rise on RBI's new plans for gold: Experts
Finance Ministry has proposed to raise import duty on gold to 6% after raising the same four?fold last year
FCI may invite bids in March to set up wheat silos
A minimum of 9-10 acres of land is required for a silo of 50,000 tonne capacity
Agricultural commodities outperform industrial consumables in 2012
Strong fundamentals drive agri commodities, economic uncertainty pulls non-agri behind
Gold futures down 0.47% on weak global cues
Investors cutting their holdings put pressure on the trade
Silver futures fall 1.97% on weak global trends
Speculators offloading their positions influenced the trade
Crude oil futures shed 0.22% on global cues
Weakening trend in Asia also put pressure on the trade
Mentha oil remains up on tight supply
A firm spot market trend supported the trade
Potato down 0.77% on increased arrivals
Subdued demand too triggered the downtrend
Cardamom down 0.27% on sluggish demand
Adequate stocks too brought down the prices
Crude palm oil up 0.35% on rising spot demand
Increased buying by speculators also influenced the price
Pepper up 0.96% on rising demand
Estimated of higher outputs capped the gains
Copper declines 0.22% on global cues
Subdued demand also put pressure on it
Nickel down 0.16% on weak global markets
Sluggish demand from alloy-makers triggered the downtrend
Turmeric gains 0.47% on spot demand
Speculators enlarging their positions suported the trade
Chana remains weak on hopes of higher output
Higher output expectations kept pressure on it