Page 2239 - Commodity News
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
Nickel up on spot demand, global cues
The November contract traded higher by Rs 3.70, or 0.42%, to Rs 875.70 per kg, with an open interest of 2,000 lots
Lead up 0.38% on overseas trend
Pick up in demand from battery-makers and covering-up of short positions by speculators supports uptrend
Zinc up on good demand, global cues
Marketmen said besides pick up in the spot market demand, a firm global trend helped zinc futures to trade higher here
Copper rises 0.4% on global cues
Pick up in spot demand influenced prices
Cardamom falls almost 2% on weak demand
Adequate stocks influence prices
Mentha oil rises on strong demand, low arrivals
Sentiment improved on the back of increased domestic as well as exports demand and reports of lower production this season due to late rains
Crude palm oil marginally declines on profit-booking
A weakening trend in global markets further influenced the market sentiment
Gold up by Rs 70 on festive demand, silver sheds Rs 640
In Singapore, gold advanced by 0.2% to $1,720.50 an ounce
Rubber production drops in October
89,300 tonnes Natural rubber production in Oct 2011
Arora decides to stay put at NCDEX
Friday board meet, where the possible stake sale was to be raised, has been postponed to Nov 16
Sugar industry demands removal of levy obligation
The levy removal can increase the industry's revenue by Rs 3,000 cr annually
World gold hits 3-week high on US fiscal concern
Worries about looming fiscal woes boosted bullion's appeal
Gold futures rise on global cues, festive demand
Pick-up in demand in the spot market due to festive season also supported the uptrend