Page 2210 - Commodity News
MCX levies 20% special margins on potato
Potato for March hit upper circuit limit of 4%
Karnataka to release iron ore dumps for e-auction
The dumps, containing very low-grade iron ore, would be handy for companies like JSW Steel with large capacity to beneficiate low-grade ore
Dependence on paper imports set to rise
Lack of captive plantations pushes input costs few plans for fresh capacity addition
Oil prices up in Asian trade
Stronger demand for heating oil from US drives gains
Pepper moves up 0.3% on thin supply
Expectations of good yield in the top-producing regions, capped the gain
Cardamom 0.45% weak on profit-booking
Increased arrivals from producing regions also influenced cardamom prices
Turmeric down 0.3% on profit-booking
Reports of lower area under cultivation limited the gains
Jeera rises 0.24% on export demand
Speculators building up huge positions triggered the uptrend
Copper rises on global cues
Increased demand from industries supported copper futures trade
Nickel down 0.21% on weak demand
Sluggish demand from alloy-makers affected the nickel futures
Mentha oil up 0.86% on strong demand
Less arrivals from Chandausi supported the uptrend
Crude palm oil up 1.52% on spot demand
Firm global trend supported the trade
Lead weakens 0.48% on subdued demand
Participants trimming their positions affected the trade
Silver futures up on global cues
In Singapore, silver gained 0.2% to $31.44 an ounce
Mustardseed dips 0.92% on profit-booking
Slackened spot market demand put pressure on the prices
Gold futures rise 0.1% on global cues
Fresh positions by speculators supported the trade
Potato slips 4% on increased supply
Sluggish demand triggered the downtrend
Wheat falls 2.5% on bumper crop hopes
Hopes of a bumper crop affected the trade