Page 2215 - Commodity News
Oil prices mixed in Asian trade
Traders sell West Texas Intermdiate but upbeat Chinese manufacturing data lifts markets
Copper marginally down on profit-taking
Profit-booking by speculators after recent gains affecred the trade
Lead softens 0.28% on sluggish demand
Weak trend in base metals at LME influenced the trade here
Nickel down 0.13% on weak global markets
Sluggish demand from alloy-makers triggered the downtrend
Silver futures down 0.5% on weak global cues
Speculators reducing their positions affected the tarade
Gold futures fall 0.2% on profit-booking
Speculators offloading their positions at prevailing levels affected the trade
Crude palm oil down 0.84% on profit-selling
Fall in spot market demand affected the trade
Mentha oil down 1% on profit-booking
Subdued spot demand affected the trade
Crude oil futures down 0.42% on global cues
Participants reducing their positions affected the trade
Zinc weakens 0.23% on global cues
Sluggish domestic demand too had negative impact on zinc prices
Cardamom down 0.6% on sluggish demand
weak spot market trend on subdued demand affected the cardamom futures trade
Potato falls 1.3% on reduced off-take
Persistent arrivals from producing regions further pulled down the prices
Coriander down 1% on profit-booking
Reduced off-take in the spot markets triggered the downtrend
Fertilizer sale declines 15% in H1 of 2013: ICRA
Demand was being affected due to increased cost of raw materials globally
ISMA revises sugar output forecast marginally upwards
Estimated output to stand at 24.3 mn tonnes vs earlier estimate of 24 mn tonnes
Sugar mills' margin to remain under pressure on high production cost
Cost of production works out to Rs 33-34 a kg in North where SAP determines mills? payment outgo
Govt may levy minimum export price on onion to discourage shipment
MEP at $700 a tonne to discourage exports from India