Page 2203 - Commodity News
Gold slumps by Rs 380, silver by Rs 2,200 on heavy sell-off
Sentiment turns extremely bearish as Federal Reserve policy makers say they might end asset purchases this year
Govt tightens export norms for grapes, groundnuts
EU-bound grapes and groundnuts to any market save Russia will now require registration from APEDA
Cement prices fall 10% in two months
The average price of a 50-kg bag of cement has slipped 10% through the last two months to Rs 270
Bumper wheat harvest may push grain stock to 100 mt
Farmers are distressed as paddy prices plummet again in east India
Gold loans: RBI favours banks over NBFCs
Currently, NBFCs devise lending formulae after taking into account the overall value of gold jewellery, which includes making charges, manufacturing loss, tax, etc
India may lose top slot as rice exporter in 2013
Rice shipments from the country could slowdown because of shrinking export profit margin
Massive penalty awaits guar traders
FMC to penalise clients and brokers for violating clubbing guidelines and manipulating prices, relisting delayed
Coriander price surpasses daily prescribed limit on NCDEX
Price shot up by up to 6.5% early Monday, against prescribed fluctuation limit of 4% either side
Crude oil futures down 0.14% on global cues
Weak energy demand in Asia triggerd the downtrend
Copper down 0.25% cent on global cues
Subdued domestic demand also put pressure on the metal
Lead down 0.27% on overseas trend
Weak demand from battery makers triggered the downtrend
Nickel down 0.24% on weak global cues
Sluggish demand from alloy makers also pulled down the price
Zinc falls 0.22% on weak global trend
Subdued demand also put pressure on the trade
Aluminium down 0.39% on global cues
Weak trend in London Metal Exchane affected the Aluminium futures
Cardamom declines 0.47% on profit-booking
Increased supply also affected the cardamom trade
Gold futures up 0.27% on global cues
A firming trend in Asian region triggered the uptrend
Silver futures up 0.49% on global cues
Pick-up in spot market demand supported the price
Potato up 1.63% on rising spot demand
Tight supplies also pushed up the price
Crude palm oil declines 0.29% on global cues
Offloading of positions by specualtors also affected the crude palm oil