Page 2235 - Commodity News
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
Cotton exports from India came to a halt
Textile commissioner earlier said cotton exports this year will be 7 mn bales vs 12 mn bales last year
Gold futures fall on global cues
Gold lost 0.5 per cent to $1,706.31 an ounce in Singapore
IJMA urges for status quo in jute packaging norms
Govt approved textiles ministry's recommendation for 60% dilution in the mandatory JPMA of 1987 for packing sugar, food grains
Rabi sowing starts on a slow pace, likely to gather pace after festivals
Rabi crops have been sown in around 4.05 million hectares of land, almost 14.31% less than last year
Govt to procure 9 million bales of cotton to arrest price fall
Domestic prices have shrunk because of weak global prices following a sharp decline in global trade and increase in world stocks
US job data push Gold to two-month low
Spot gold was down 1.8%, having earlier hit an 8-week low
Shree Renuka Sugars cuts trading activities
Weak global sentiment and import duty turning unviable for sugar refining in India with imported raw sugar
Price decline revives bullion dealers' hope for festival season sales
Bullion price in India retreated over 5% from the high reached on Sept 14
Speculators turn bearish on silver, gold in short term
Prices dip ahead of Dhanteras, seen around Rs 29,800/10g
States' views sought on uniform tax levy on wheat, rice
Currently, taxes on wheat and rice vary from state to state
MCX new silver contract clocks record delivery
Contract witnessed an average daily open interest of 1,516 lots, of which 1,010 kg of kilo bar was delivered, with 66% of the open position