Page 2234 - Commodity News

Crude palm oil up 0.7% on spot demand

Firm global cues influence prices

Pepper down 0.78% on higher output hopes

Thin supplies and depleting stocks restricts fall

Jeera falls 1% on higher supply

Weak export demand influences prices

Turmeric rises 1.7% on spot demand

Weak export demand restricts gains

Chana rises 0.5% on spot demand

Rising spot demand for the festive season supports rise

Copper up 0.75% on global cues

Growth in China's manufacturing boosts demand for metals

Over 5,000 small copper smelters face closure on high import duty

The accumulative import duty levy on raw material works out to 22.85% on copper and brass its a mere 12.3% levy on finished products

Copper smelters face uncertain future

22.85% the accumulative import duty on raw material

Egg prices fall 10%, farmers incur losses

Also, in the festive season, the demand for eggs is sluggish

Odisha mulls canalisation of iron ore trade

The state is the highest producer of high-quality sized iron ore and fines, with annual output surpassing 75 mn tonnes

Sugar down 0.2% on profit-booking, higher supply

Firm demand due to festive and wedding season limited the losses

Cardamom down on higher supply

The contract for December shed Rs 3.80, or 0.44%, to Rs 864 per kg in 122 lots

Mentha oil rises on firm demand

Pick-up in demand from consuming industries against restricted arrivals from producing belts

Crude oil down on weak Asian cues

Fall in crude oil futures prices in line with a weakening trend in Asian region

Potato down 0.79% on adequate supply

The April contract shed Rs 2.80, or 0.40%, to Rs 701.40 per quintal in 25 lots

Crude palm oil declines on global cues

Speculators offload their positions

Castorseed slides on higher supply

Participants reduce their positions following higher supplies in the spot markets

Rice procurement starts on sluggish note

Around 7.9 million tonne of rice has been procured for the central pool this season till Oct 31, down 3.5% compared to last year

Pepper remain weak on low overseas demand

Besides weak overseas demand, better crop prospects kept pressure on pepper prices at futures market

Jeera rises on spot demand

However, higher supplies in the spot market, capped the gains