Page 2248 - Commodity News
Onion, potato, banana, pulses price might rise in 2012-13: NCAER
Demand pressure would be more on available supplies of edible oils and pulses. Potato production growth would be well below the trend
Oil prices ease in Asia on Gaza truce, eurozone data
Light sweet crude for delivery in January sheds 59 cents to $86.79 a barrel and Brent North Sea crude for January delivery sinks 19 cents to $110.36
Pepper sheds 0.18% on profit-booking
Buzz of higher output in chief growing areas also propels sell off
Turmeric dips 1% on mounting stocks
However, improvement in demand in spot market caps losses
Jeera declines 0.37% on profit booking
Firm spot demand on reports of slowdown in sowing in Gujarat limits losses
Cardamom surges 3% on spot demand
Lower arrivals from producing belts fuel uptrend
Mentha oil extends gains on strong demand
November and December contracts both surge more than 2.5% as reports of lower output fuel upswing
Chana extends gains, up 0.6% as demand picks up
Speculators enlarge positions on rising offtake in spot market
Sugar weakens on subdued demand, higher supply
December, Jan contracts shed 0.9% each, losses capped on news of slowdown in cane crusing in producing regions
Crude palm oil declines for 3rd day on global cues
November, December oil down 0.16% and 0.3% respectively as speculators offload on buzz that stockpiles in Malayasia may expand
Copper declines on weak global cues
November, Feb contracts down 0.27% and 0.22% as metal loses on LME
Potato remains weak on supply pressure
March, May contracts shed 0.37% and 0.08% on fresh arrivals from producing areas
Gold futures move up on global cues
December, Feb contracts gain 0.24% and 0.19% respectively as precious rises in Singapore mkt
FMC consulting govt on lifting ban on guar futures
Commodities regulator had imposed the ban to curb price volatility and speculation
Sugar industry to gain from govt's ethanol blending plan
Realisation may surge by up to 22 per cent blending may kick off from next month
Rice shellers told to provide information about crop purchase
Tax dept ask exporters to pay tax before hand seek refund later
Gold scales all time high in Mumbai
Traders increase bullish bets on bullion, ratio trading indicates silver to outsmart gold- yellow metal trading at 1.3 % discount to cost of imports