Page 2262 - Commodity News
Lead declines 0.56% on subdued demand
October contract falls 0.52%
Copper down 0.35% on global cues
Subdued demand contributes to downtrend
IEA sees crude prices ease over next 5 years
Global agency foresees ample supply from North America and Iraq coupled with declining global demand
Oil prices to ease on slow economy, higher output
London Brent crude prices fell after the IEA report, trading down more than a dollar a barrel, below $115
Oil supply risks offset higher output capacity
However West Asia tension and supply risks might prevent prices from falling
Jeera prices fall on rising arrivals, profit booking
Jeera for Nov delivery touched a low of Rs 14,225
Open interest limits restored in soybean, refined soy oil
Open position or OI is the maximum quantity a trader can hold in his account for futures actions
Panel for Rs 30,000-cr project to conserve environment in Karnataka
The CEC has finalised a plan for setting up of a special purpose vehicle for environment conservation and socio-economic development in the state
Iron ore e-auction yields Rs 3,355 cr
This excludes royalty charged on the mineral, forest development tax and other taxes payable to the state govt
Nafed puts kharif oilseeds, pulses & cotton under watch
To procure these crops under the price support scheme, if their prices fall below the minimum support price
Mentha oil up on exports, domestic demand
Increased exports demand amid reports of lower production this season also supported the uptrend
Silver futures down 0.52%, tracking global trend
Silver dropped 1.4% to $33.05 an ounce, the lowest since September 13 in Singapore
Gold futures decline on weak global cues
Speculators reduced their exposures amid a weak trend overseas
Cardamom falls 3% on profit-booking
Increased arrivals from the producing regions also put pressure on the cardamom prices in futures trade
Crude oil futures down on weak Asian cues
November contract moved down by Rs 25, or 0.51%, to Rs 4,872 per barrel, with a turnover of 1,166 lots
Coriander up on rising demand
Restricted arrivals from producing regions further fuelled the uptrend in coriander prices
Crude palm oil declines on profit-booking
The October contract shed Rs 5.20, or 1.25% to Rs 410.30 per 10 kg in 365 lot