Page 2286 - Commodity News
2% gold price decline lifts jewellery sales by 20%
After over four months of lull business season, gold demand in the physical market has revived
Gold outperforms other asset classes in three years : Assocham
On the other hand, investors in the equity market have seen their wealth erode in the same period
Milk procurement may drop due to excess SMP stocks
As on date country has 128,000 tonnes of SMP stocks, while annual demand is 88,000 tonnes
Better output prospects pulls prices of agri commodities down
IMD in its latest report said that over 75% of rainfall deficit was bridged since the revival in monsoon rainfall in the first week of August
Why crude may see a bearish phase
Sharp contraction in Chinese GDP has shaved of oil imports and the market struggles to find another China
Agricultural futures fall on hopes of good kharif production
The Ministry of Agriculture has estimated India's total foodgrain production this kharif season would fall 10% to 117.19 mn tonnes
Soaring edible oil demand to push 2012/13 imports to record: Reuters poll
INDIA-OIL-DEMAND-POLL:Soaring edible oil demand to push 2012/13 imports to record: Reuters poll
Palm oil faces bearish Q4 on high stocks, slow demand
INDIA-OILS:Palm oil faces bearish Q4 on high stocks, slow demand
Foodgrains production seen falling by 10%
Govt expected to release the first official estimate of 2012-13 crop marketing around noon today
Brent crude drops below $111 on renewed growth jitters
Growth concerns have overtaken the initial elation following the stimulus announcements, say analysts
Mustard acreage expected to be around 5% higher
Last year the area under mustard seed was 6.8 million ha, but the crop last year was impacted due to unfavourable weather conditions
Castor acreage down by 0.32 mn hectares
According to SEA, the area covered under castor crop at present is still higher than normal sowing area of 0.78 mn ha
Copper down 0.66% on profit-booking
Weak overseas trend influences prices
Chana falls 3% on profit-booking
Adequate stocks influence prices
Nickel down 0.74% on global cues
Sluggish demand influences prices
Zinc declines 0.94% on global cues
Profit-booking influences prices
Lead down 0.9% on overseas trend
Subdued demand from battery-makers influences prices
Crude oil down 0.77% on Asian cues
Profit-booking, anticipation of Chinese trade data influence prices