Page 2317 - Commodity News
Gold weakens in futures trade on global cues
Meanwhile, gold declined 1.31% to $1,567.50 an ounce in New York last in previous session
Silver declines on global cues
Subdued demand at prevailing levels weighed on silver futures
Gold falls to 1-month low, triggers light buying
Traders would also eye the progress of the monsoon rains, which have been scant so far
Turmeric down on profit-booking
Concerns over weak rainfall in key growing areas restricted the losses
Coriander declines on poor spot demand
Overseas demand also pulled prices lower
Lead softens on subdued demand, global cues
Prices down nearly 0,3% on cues
Mentha oil rises 1.18% on export demand
Restricted supplies from producing regions mainly influenced prices
Cardamom fall 1.34% on profit-booking
However, strong export demand may limit the downtrend
Pepper sheds 0.33% on profit-booking
Contract traded so far with an open interest of 1,013 lots
Aluminium weakens on global cues
Prices declined nearly 0.5% on cues
High retail prices affect coffee consumption in 2011: ICO
Microeconomic turbulance also ascribed to high prices
Global gold rises with dollar softness, investors wary
Dollar was still around its highest in nearly two years against the euro
Govt moves 50% of wheat kept in open to safe places
Due to inadequate storage capacity, 6.6 MT wheat are kept in 'katcha' complexes
AgriMin seeks details of potato, onion storage
Concerned at price rise, advises states to use anti-hoarding rules, undertake market intervention where needed
Copper sheds 0.33% on global cues
Analysts cite uncertainty abouta new stimueli from UwS Fed Reserve for weakness in the metal
Lead down 0.33% on global cues, subdued demand
Lower offtake from battery manufacturers in domestic market weakens the metal
Crude oil futures down on Asian cues
July contract sheds 0.17% to Rs 4,765 a barrel on MCX, August delivery loses 0.21%
Mentha oil weakens on profit-booking
Prices declined by nearly 3% from previous close