Iran initially wants to buy two lakh tonne of wheat a price of $325 a tonne during December-January period
The Indian government made import tariff market linked with aim to collect funds to its kitty
Import of raw sugar for refining and selling unviable at current prices
SEA pegs groundnut production for 2012-13 at 695,000 tonne against 1.73 million tonne last year
Stronger dollar curbed demand for gold
Export tax on crude palm oil was cut to 9% for Nov from 13.5% in Oct
Tight supplies fuel uptrend
Stronger dollar hurt demand for bullion as an alternative investment
Strong festive season demand caps losses
Increased arrivals from Chandousi in Uttar Pradesh influence prices
Meanwhile, benchmark iron ore with 62% iron content dropped 0.3% to $119.60 a tonne in China
Weak trend in Asia after mega-storm Sandy tore through eastern coast of the US and forced the shutdown of refineries, roads and airports
Closure of markets in the United States could curb volume and increase volatility in the Asian markets
Rise in spot demand supports uptrend
Adequate stocks influence prices
A massive tur crop damage on pest attack to reduce production from domestic sources
Growing popularity and awareness among consumers are set to drive platinum demand by 50%
Sharp dip in Gujarat after inadequate rain, oil prices likely to rise