Page 2204 - Commodity News

Turmeric up 1.18% on lower output estimates

Mounting stocks capped the gains

Coriander up 4.01% on rising demand

Less arrivals also triggerd the uptrend

Pepper down 0.39% on higher output

Depleting stocks capped the loss

Chana up 2.13% on high buying activity

Fresh enquiries from millers at lower levels further supported the uptrend

Castorseed up 2.09% on export demand

Brisk buying by traders triggered the uptrend

Oilmeal exports down on poor demand from overseas markets

December decline was sharper than preceding months

Sugar falls 0.24% on sluggish demand

Offloading of positions by speculators affected the price

Wheat declines 0.85% on reduced offtake

Reduced offtake by flour mills influenced wheat trade

Karnataka's sugarcane production likely to fall 10% during the current crop year

The drop in production is mainly attributed to drought in major growing regions across the state

Massive penalty awaits guar traders

FMC to penalise clients, brokers for violating clubbing guidelines, manipulating prices

Indian steel demand runs contrary to global subdued trend

The World Steel Association's prediction in October that steel would again record low consumption growth in 2013 finds resonance in forecasts by many agencies and in polls conducted by industry officials and analysts

Govt may hike sugar levy price by Rs 2/kg for 2013

Rise in levy price would entail additional subsidy of Rs 400-500 crore

Crude palm oil down 0.20% on subdued demand

Weakening global trend affected its trade

Mentha oil gains 0.56% on industrial demand

Lower arrivals from producing belts also supported the gains

Adoption of hybrid seeds to help raise rice productivity

However, currently out of total annual rice output in India only 3% is produced through hybrid seeds

Cardamom weakens 1.05% as demand declines

Tight supply affected the trade

Cold wave ups coriander prices

Lower acerage, potential damage to crop also pulled prices higher

Potato surges 4% on good demand

Restricted supply supported the potato trade

Barley up 1.33% on strong physical demand

Strong demand from breweries supported the uptrend

Castorseed up 0.81% on demand

Renewed buying by traders triggered the uptrend