Page 2211 - Commodity News
Crude palm oil declines 0.57% on overseas cues
India planning to tax imports to protect local growers also triggerd the downtrend
Chilli up 0.89% on good demand
Traders creating fresh positions supported the trade
Pepper sheds 0.75% on sluggish demand
Weak spot markets trend affected the trade
Cardamom up 0.53% on spot demand
Restricted arrivals also supported the uptrend
Potato falls 1.16% on reduced offtake
Persistent arrivals from producing region triggerd the downtrend
Chana weakens 0.62% on profit-booking
Weak spot market trend affected the trade
Castorseed slips 1.1% on selling
Lower off-take by industries too dampened the trading sentiments
NCDEX to expand its mandi modernisation project to other states
Currently the project is operational in Karnataka
Coriander rises 1.15% on restricted stocks
Fresh buying by speculators supported the trade
Lead slips 0.85% on global cues
Subdued demand from battery-makers triggered the downtrend
Copper falls 0.38% on profit-booking
Profit-booking by speculators affected the trade
Govt mulling changes in FTA with Thailand to check gold imports
Traders convert gold into ornaments in Thailand, then import them to India to evade the 4% duty on gold imports
NCDEX to expand mandi modernisation to more states
Under the moder-nisation project,the firm provides facilities like grading, shorting and storage to the farmers at the mandi itself
Oil prices down in Asian trade
Investors booked profits after prices rose sharply on the back of upbeat US data
Mentha oil falls 0.51% on profit-booking
Increased arrivals from Chandausi fuelled the downtrend
Potato up 4% on good demand
Restricted supply from producing regions boosted the trading sentiment
Crude palm oil up 0.45% on spot demand
Fresh positions by speculators triggered the uptrend
Cardamom up 0.37% on local demand
Restricted arrivals from producing regions triggered the uptrend
Chana up 0.4% on high buying activity
Traders enlarging their holdings due to good demand supprted the trade