Page 2236 - Commodity News
Coffee exports decline 7.1% from Jan-Oct 2012
In value terms, the exporters earned Rs 4,266 crore as against Rs 4,250 crore in the first ten months of last year
Mentha oil up over 1% on strong demand
Increased overseas demand supported the uptrend
Cardamom down 0.96% on profit-booking
Adequate stocks influence prices
Chilli up 2% on export demand
Tight supplies fuel uptrend
Coriander up 1.46% on strong demand
Less arrivals influence prices
Crude palm oil falls 3% on profit-booking
Weak overseas trend influences prices
Jeera gains 1.7% on spot demand
Reduced domestic supplies in the physical markets and some export enquiries support prices
Turmeric up 2.7% on spot demand
Export inquiries support uptrend
Steel exports up 5% at 2.3 MT during Apr-Sept
Contribution of the non-alloy segment stood at 2.118 MT, while the remaining was from alloy steel
Gold prices near 10-week low at Rs 30,664
Helped by a weaker rupee and firm world markets
Soymeal exports down 78% in Oct
Soymeal exports were down drastically this year as soybean was not available for crushing
Govt initiates penal action against 52 sugar mills
Action taken for failing to furnish information in prescribed format
Falling cotton prices bring cheer to spinning industry
Rise in demand for yarn in global market, specially from China, also helps
Surge in India's steel imports is no cause for sinophobia
It is mostly Japan and South Korea, which, taking advantage of the low import duty of three per cent because of their free trade agreements with us, are sending steel products here
Trade questions IPC's estimates on pepper fall
Last season, production stood at 3,27,090 tonnes, while in 2011, the output was 3,17,750 tonnes
Copper rises marginally on global cues
Pick up in demand at the domestic spot market supports uptrend
Nickel up 0.3% on global cues
Pick up in domestic demand from alloy-makers supports uptrend
Zinc gains 0.4% on overseas trend
Gains in base metals at the London Metal Exchange ahead of the China's economic data influences prices
Crude oil up 0.6% on overseas cues
Resumption of on deliveries on the US east Coast after Hurricane Sandy supports uptrend