Page 2311 - Commodity News
Mentha oil falls 0.55% on profit-booking
Sluggish demand drove prices lower
Oil rises to $99 on stimulus hopes, Iran
ECB meets on Thursday and is expected to cut its main interest rate by 25bps
Wheat procurement at record 37.85 million tonnes
Punjab and Haryana have procured nearly 12.83 mt and 8.66 mt of wheat, respectively, in the current season
Rain shortage, power crisis hit paddy plantation in Punjab
Intense heatwave condition triggering protest from cultivators has compounded the power crisis
Weak Re nullifies firms' gains from falling commodity prices
The currency fell over 9% in the first quarter
Gold near 2-week peak on hopes of monetary easing
The European Central Bank is expected to cut interest rates on Thursday in the wake of a string of weak economic data
Sugar up 1% on seasonal demand, poor rains
Analysts say rise in futures due to huge positions by speculators, firming trend in spot markets
Gold futures marginally up on global cues
Hopes of steps from US central banks to boost the ecoonmy pulled prices higher
Copper weakens on global cues
Sell off was triggered after excessive rally was seen amid slowing growth in US, China
Mentha oil up on spot demand
Pharma demand pulled prices higher
Chana up on spot demand
low progress of monsoon in key growing areas also influenced prices
Crude palm down on sluggish demand
Adequate stocks also pulled prices lower
Wheat recovers as govt allows 2mn tonne exports
The govt approved export of wheat Tuesday from its buffer stock to clear storage space for new crops
Govt okays freight policy for distribution of P&K fertilisers
This will also ensure equitable prices of P&K fertilisers across all regions
FMC okays Shreekant Javalgekar's appointment as new MCX chief
He has replaced Lamon Rutten, who continues as a non-executive director on MCX board