Page 2309 - Commodity News

Gold importers wait for price declines Fed eyed

Traders awaited Ben Bernanke's speech later in the day for direction

Crude palm oil weakens 0.32% on subdued demand

Adequate stocks influence prices

Jeera falls 0.28% on profit-booking

Thin supplies restrict losses

Coriander falls 1.26% on profit-booking

Subdued demand contributes to downtrend

Chana down 0.53% on profit-booking

Subdued demand contributes to downtrend

Copper rises 0.27% on global cues

Pick up in domestic demand supports uptrend

Lead marginally up on global cues

Increased demand from battery-makers supports uptrend

Nickel strengthens 0.2% on overseas trend

Speculation that the US Federal Reserve Chairman may hint at more stimulus increases demand outlook

Zinc marginally up on firm global cues

November contract rises 0.1%

Potato gains 1.38% on spot demand

Lower arrivals from producing belts influence prices

Silver falls 0.32% on weak global cues

The metal declined 0.5% to $30.29 an ounce in Asia

Agri-commodities prices go down as rainfall improves

At least 22 of 36 meteorological sub-divisions are now reporting normal or excess rainfall

Gems, jewellery exports decline 12% in May

The demand is sluggish in traditional markets like Europe

Turmeric recovers on deficient rains

Prices up over 0,5% on demand

Chana gains 0.63% on deficient monsoon

Rising demand influenced prices

Crude oil down on Asian cues

Prices down nearly 0,4% from previous close

Coriander moves up in futures trade on spot demand

Rising demand also influenced prices

Mentha oil up 1.86% in futures trade on firm demand

Tight supplies from the producing region also influenced prices

Cardamom fall 1.44% on profit-booking

ADequate stocks also dragged prices

Lead down 0.38% on global cues, sluggish demand

Globally lead lost 0,4% from previous close