Page 2226 - Commodity News
Government to reduce unsold levy sugar carryover to 6 months
At present, sugar mills have to sell 10% of their produce at Rs 1,900 a quintal as levy obligation. The open market price is Rs 3,200 a quintal
Mentha oil remains up on increased demand
Reports of lower output estimate this year further fueled the uptrend
Potato recovers on spot demand
The March delivery traded higher by Rs 3.30, or 0.47% to Rs 711.90 per quintal
Copper extends losses on weak global cues
The April contract shed Rs 1.45, or 0.33% to Rs 442.45 per kg
Lead remains weak on sluggish demand
The January contract traded lower by 30 paise, or 0.24% to Rs 126.80 per kg
Cardamom rises as demand picks up
The February contract edged up by 60 paise, or 0.06% to Rs 1044.90 per kg
Pepper down 1.38% on weak export demand
February contract declines 1.1%
Chana remains up on strong demand
December contract gains 0.43%
Sugar remains low on weak demand, high supply
January contract falls 0.52%
Wheat up 0.5% on short-covering
Pick up in demand from flour mills in spot market influence prices
Nickel down 0.6% on weak global cues
Sluggish demand influences prices
Gold futures up 0.32% on global cues
Speculators created fresh positions pushing prices up to Rs 30,917 per ten grams
Silver futures rise on global cues
March contract rises 0.1%
Global steel output grew 5.1% in Nov to 122 MT
ndia's production increased by 6.6% during the reporting month
Quality issue in warehoused pepper
FSSAI seals Rs 180-cr worth in NCDEX-accredited storages at Kochi earlier cleared by FMC authorities investigating