Page 2244 - Commodity News
Silver moves up in futures trade on global cues
Speculators enlarged their positions, taking positive cues from overseas markets
Cardamom futures gain 1.19% as demand picks up
Restricted arrivals from producing belts also supported the uptrend
Mentha oil up on strong demand
Reports of lower production this season further fuelled the uptrend
Sugar output up at 1 million tonne till mid-November
Indian Sugar Mills Association pegs this season¿s sugar output at 24 million tonne
Chana falls 0.34% on higher output hopes
The December delivery shed Rs 5, or 0.11%, to Rs 4,386 per quintal
Tobacco prices head northwards
Price of flue-cured virginia tobacco has increased to Rs 145 a kg in the ongoing auctions in K'taka against a maximum price of Rs 125 a kg realised last year
Copper moves up on global cues
The February delivery edged up by 85 paise, or 0.2%, to Rs 429 per kg
Pepper up 1% as demand picks up
The December delivery gained Rs 10, or 0.03% to Rs 38,755 per quintal
Molasses exports from AP uncompetitive due to export fee
The state government had imposed a Rs 2,500 fee on the export of molasses on Nov 10
Nickel up on global trend, spot demand
The December delivery traded higher by Rs 1.80, or 0.2%, at Rs 895 per kg
Oil rises towards $110 on West Asia, US budget hopes
Risk analysts say it is unlikely the confrontation between Israel and Gaza will spill out into a wider conflict, but investors are wary
Rice procurement for 2012-13 picks up
Around 11.1 million tonne of rice has been procured for the central pool this season, 0.99 million tonne more than the same period last year
Don't lend for buying gold in any form, RBI tells banks
The decision was taken in view of significant rise in imports of gold in recent years putting pressure on current account deficit
Tobacco prices head northwards
Prices are expected to rise further due to a spurt in the demand for Indian tobacco
Sugar output rises in new season
Mainly due to Karnataka mills UP output to pick up in another week, as government still to issue its floor price for cane