Page 2232 - Commodity News
Potato up on fresh buying
Limited arrival from producing regions pushed the price up
Gold eases but on track for 1st wkly gain this month
But prices remained on track for their first weekly gain in a month
Jute production set to dip as demand takes a plunge
Jute industry on tenderhooks over low demand and tripartite agreement
Iron ore shortage hits small steel firms hard
The government's bid to curb illegal mining has resulted in a steep fall in iron ore output. From 208 mt in 2010-11, production is expected to fall about 100 mt this year
Iron ore supply to steel mills likely to take more time
Category B mines await SC nod to resume mining in Karnataka, CEC has cleared R&R plans of 23 mines with combined capacity of over 6 million tonnes per annum
Weak prices, slower demand pull down coffee exports in 2012
However, the export realisation was better than 2011 mainly because of better global prices of robusta variety
Gold likely to hold 'steady to firm' in 2013: Experts
The central banks of Brazil and Russia are reportedly planning to increase their gold holding next year
Rabi acreage almost same as last year
In total rabi crops have been planted in around 54.22 mn hectares, just 0.8% less than last year
Turmeric up over 2%
Speculation of a drop in output next year triggered the upmove
Copper rises on global cues, spot demand
Speculations that demand will increase in China spurred the price rise
Nickel strengthens by 0.41%
Strong demand from alloy makers boosted the price
Zinc marginally up by 0.13%
Increased manufacturing in China also pulled up the price
Silver futures up on firm global cues
Demnad rose as participants created speculative positions
Gold futures trade higher on global cues
Prices rose as speculators created fresh positions
Refined soya down 0.50%
Adequate stocks influenced the prices
Mentha oil remains weak on profit-booking
Increased arrivals from Chandousi in Uttar Pradesh also influenced mentha oil prices