Page 2224 - Commodity News

Mentha oil up on short-covering, firm demand

The January contract traded higher by Rs 6.70, or 0.45%, to Rs 1,467 per kg

Castorseed falls on selling pressure

The December contract also declined by Rs.23, 0.61% to Rs.3,760 per quintal

Potato falls 0.92% on adequate stocks, low demand

The March delivery declined by Rs 5.50, or 0.76%, to Rs 716.50 per quintal

Groundnut oil reaches new high of Rs 2,200 per 15 kg

While the millers attributed the price rise to lower groundnut production in the state, the retail demand in the domestic market remained weak

FMC okays NBoT's mustard seed futures

However, conditional approval, subject to lack of any evidence on unhealthy speculation being triggered

Time to improve global competitiveness of Indian shipyards

A major victim of the 2008-09 recession, the two conjoined industries continue to suffer because of the Euro zone crisis and fall in Chinese economic growth

Groundnut oil price at new high

Millers attribute price rise to lower groundnut production in Gujarat, the retail demand in the domestic market remaines weak

Groundnut oil reaches new high of Rs 2,200 per 15 kg

Copper falls after its stockpiles jump the most in four years

Malaysia sets zero export tax for crude palm oil to cut reserves

Gold futures up on firm global cues

April contract falls 0.3%

Sugar production recovers after UP mills become operational

ISMA data shows 2% rise in output at 4.91 mn tonnes in year to Dec 15

Gold prices hit one-week high

Buying is a little slow as people are waiting for a price correction: analyst

JSW Steel might further cut production

Currently, the company is working with just one month?s inventory

Coal to approach oil as top energy source by 2017: IEA

Global demand continues to be driven by Asian economies. India will increase its influence in coal markets thanks to large reserves

Sugar output recovers after UP mills begin operations

Gold futures down on global cues

Speculators reduced their positions, taking weak cues from overseas

Silver futures down 0.22% on overseas trend

Speculators trimmed their exposures

Copper declines 0.27% on global cues, subdued demand

Subdued domestic demand also weighed on the metal prices

Lead down on subdued demand, global cues

Speculators booked profits amid subdued domestic demand and weakness in base metals at the London Metal Exchange