Page 2230 - Commodity News
Coffee exports dip 9% in 2012 over glut in global market
Subdued demand from Europe & US led to the drop in exports situation unlikely to change for better in 2013
Crude mixed in Asia on US fiscal cliff worries
Trade remains thin and the main focus is on US budget talks, say analysts
Nickel up on global cues, spot demand
Rising demand mainly from alloy-makers supported the upside
Copper up mariginally by 0.06%
The metal gained the most on LME
Zinc up by 0.27%
Strong domestic demand also pushed the price upward
Aluminium rises on global cues, spot demand
Firming trend in base metals at the LME caused the increse
Lead down 0.12%
Speculators' profit-booking reduced the price
Gold futures down on golbal cues
Some investors sold the metal causing a weak Gold trend overseas
Silver futures trade goes up
Speculators' enlarging positions upped the price
Cardamom falls on low demand, high supply
Adequate stocks in the spot markets pulled prices down
Crude palm oil remains up on spot demand
Firming trends in domestic and global markets supported the upside
Crude oil up on overseas cues
A firming trend in Asia pulled up the price
Mentha oil up on local demand
Lower output in the season upped the price
Potato up 1.22% on pick-up in spot demand
Restrcited arrivals also raised the price
Chana remains weak on profit-booking
Subdued demand also pulled down the price
Coriander up by 1%
Pick-up in spot market demand pushed up coriander prices
Turmeric gains 1.64%
Lower output this season supported the uptrend
UP mills bitter with sugarcane arrears of Rs 1,580 cr
So far, about 1.66 million tonnes (MT) of sugar had been produced in UP compared to 1.88 MT last year.
K'taka targets 19% growth in food grain production in 12th plan
Also aiming at seed distribution of 1.6 mn quintals per year in 12th plan vs 1.15 mn quintals