Page 2260 - Commodity News
Iron ore mining may be delayed in Karnataka
Five mining leases with a combined capacity of 2.56 mt are waiting for final approval to restart mining in Bellary & Chitradurga districts
Tea Board for pan-India access to e-auction
Plan to do so by January, traders want technical glitches in system fixed first, officials say they're working on it
Ministry for rise in credit flow under Tufs
It has already recommended the scheme be included in the 12th five-year Plan (2012-17)
Narrow commodities gain big pie on NMCE
Due to increasing role of day traders and speculators with the sole aim of making a profit
World steel demand to rise 3.2% in 2013
India¿s steel demand growth is projected to slow down to 5.5% in 2012 and 5% in 2013.
Cardamom down 2.66% on sluggish demand
Adequate stocks influence prices
Mentha oil gains 0.7% on spot demand
Restricted arrivals influence prices
Crude palm oil rises 1.4% on global cues
Speculation that Indonesia, Malayasia will take steps to support prices supports uptrend
Potato falls over 3% on subdued demand
Adequate stocks influence prices
Coriander down 1.93% on adequate supply
Low demand contributes to downtrend
Crude oil falls 0.37% on global cues
The November contract lost Rs 17, or 0.35%, to Rs 4,898 per barrel in 3,816 lots
Pepper falls on profit-booking
However, reports of thin supplies into the spot markets limited the fall
Chana up 0.93% on firm demand
Thin supplies influence prices
Jeera weakens 0.26% on subdued demand
October contract falls 0.21%
Chilli falls 1.47% on higher output estimate
October contract falls 0.37%
Nickel rises on global cues
Fresh buying by speculators in line with a firm global trend mainly helped nickel futures to trade higher
Copper down marginally on global cues
November contract falls 0.13%
Zinc up marginally on spot demand, global cues
October contract rises 0.05%
Coriander down 1.93% on adequate supply
Adequate supplies from producing belts in the spot market against lower demand mainly kept pressure on coriander futures