Page 2238 - Commodity News
Mining clamps in Goa & K'taka upset Sesa Goa's output plan
During the first half of FY13, it produced 3.1 mt, a drop of 46.5 per cent compared to the 5.8 mt in the corresponding period last year
Gold coins, bars, ETFs to outshine jewellery this festive season
Demand for investment instruments is expected to be more than jewellery, unlike past instances
Steel industry reeling under high input costs
In India, steelmakers had to follow their global peers and cut steel prices by up to Rs 3,000 a tonne, or four to five per cent
Crude down in Asia on profit-taking
All eyes focused on the outcome of the knife-edge US presidential election
Copper rises 0.46% on global cues
Pick up in domestic demand fuels uptrend
Copper rises on global cues, domestic demand
A firming trend in base metals at the London Metal Exchange (LME) influenced copper prices at futures trade
US gold hits 1-week high on Obama victory
Obama's victory will help gold as it means that quantitative easing will continue
Lead marginally up on overseas trend, spot demand
Pick-up in demand from battery-makers also helped lead to trade higher at futures trade
Nickel rise on global cues, domestic demand
The October contract traded higher by Rs 4.50, or 0.51%, to Rs 885.40 per kg, with a turnover of 1,372 lots
Cardamom down 1.21% on profit-booking
The December contract declined by Rs 6.10, or 0.70%, to Rs 862.30 per kg, with a business turnover of 220 lots
Crude palm oil higher on spot demand
A firming trend in overseas markets also influenced the crude palm oil futures prices
Mentha oil falls 0.49% on profit-booking
Marketmen attributed the fall in mentha oil futures to profit-booking by speculators and a weak industrial demand in the spot market
Coriander falls on adequate stocks, weak demand
Adequate stocks positions in the physical market also put pressure on coriander prices
Chana remain buoyant on festival demand
Restricted arrivals of the commodity in the spot markets due to lower estimated output also influenced the chana prices
Shift from Jute bag packaging to help Sugar industry save Rs 600 cr a year
Government allowing up to 60% of Sugar produce to be packed into HDPE bags brings respite to the industry
Customers stay away as gold surges
Jewellers hope for their return by Diwali, as demand trend after the first 6 months has been rising
Rubber imports by tyre makers on the rise
The consumption of natural rubber rose 5.6% in the first half of the current financial year, while production went up only 1.1%
Gold futures rise 0.32% on global cues
Fresh buying by speculators supports uptrend