Page 2312 - Commodity News
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
FMC may decide on re-listing guar futures by mid-Aug
India is the the world's biggest exporter of the commodity and accounts for 80% of the world's guar production
India's coffee exports decline by 10% in Apr-Jun quarter
The country had shipped 1.15 lakh tonnes of the brew in the April-June quarter of last fiscal
Gold demand in India sluggish as price hardens
Demand was muted as there isn't any festival in the short-term to lure buyers
Govt may soon scrap basmati rice MEP
there is no MEP fixed on non-basmati rice
Sowing of cotton, groundnut to fall up to 15% on poor monsoon
Seed demand for short-duration crops like millets, pulses expected to rise
Gold futures up on global cues
Gold climbed to near a two-week high in Singapore
Silver up on higher global trend
Fresh buying also influenced prices
Jeera futures spurt 1.46% on fall in arrivals
Weak monsoon rains in Gujarat state, the leading producer also supported the upside in the spice
Chana up on rising demand, tight supplies
Weak monsoons also aided sentiment
Pepper surges 1.39% on strong demand
Weak monsoon rains in key growing areas also boosted the sentiment
Nickel gains on spot demand, global cues
July, August contracts rise 0.16% on MCX
Zinc sheds 0.25% on weak global cues
Speculators offload positions as metal loses 0.3% on London Metal Exchange
Chilli gains 2% on firm demand
Restricted arrivals from producing belts support the uptrend
Turmeric rises on spot demand
July and August contracts gain more than 1% each on NCDEX
Mentha oil weakens on sluggish demand
July, August contracts shed 0.3% as demand from pharma units turns sluggish