Page 2288 - Commodity News
Lead gains on overseas trend, spot demand
Pick-up in spot demand from battery-makers also helped lead to trade higher at futures trade
Nickel up on firm global trend, spot demand
Takes positive cues from overseas markets, amid pick-up in domestic demand from alloy-makers
Zinc adds 0.14% in futures trade
The October contract traded higher by 15 paise, or 0.13%, to Rs 110.90 per kg, with a turnover of 127 lots
Cardamom up 1.71% on spot demand
Traders enlarged their commitments, driven by pick-up in export and domestic demand
Castorseed falls on selling pressure
Reports of good monsoon in castorseed growing regions too put pressure on prices
Chana up on firm spot demand
Traders said enquiries by millers at lower levels amid a fall in supply from the producing regions of Rajasthan and Gujarat mainly supported the uptrend in futures trade
Crude palm oil weakens on profit-booking
Weak trend in overseas market further fuelled the downtrend in crude palm oil futures
Mentha oil rises on spot demand
Good demand from pharmaceutical units against lower arrivals from key mentha producing regions
Coriander up on rising demand
Restricted arrivals from producing regions further fuelled the uptrend in coriander prices
Jeera rises as demand pick up
However, weak overseas enquiries capped the gain
Pepper gains 1.74% on spot demand, thin supply
The October contract moved up by Rs 390, or 0.90%, to Rs 43,550 per quintal, with an open interest of 5,899 lots
Indian steel export in Apr-Aug dips by 4%
South Korea and Japan after signing the FTA agreement with India are getting preferential tariff of 3%
Turmeric damaged due to rainfall
Demand is weak but is expected to revive in the coming days as festive demand is expected to pour in
Paper firms resort to price cuts to maintain sales
Rising input costs and cheap imports from China put companies under pressure
FMC tightens rule on illiquid trades
Tells bourses to remove commodities in this category, as part of effort for better regulation
Asian gold steady on stimulus support, euro zone weighs
Gold is expected to draw more interest as investors seek a hedge against loose monetary policies
Copper softens 0.27% on global cues
Subdued domestic demand influences prices
Gold futures rise 0.24% on global cues
Rising spot demand supports uptrend
Silver futures up 0.27% on global cues
Central banks, investors bought the precious metal to hedge against the prospect of weaker currencies and slowing growth