Page 2334 - Commodity News
Stockists hold back mentha oil, price climbs
As the commodity has no substitute in user sectors, players eye repeat of record prices seen in lean season
Crude palm oil up 0.91% on spot demand, global cues
Restricted arrivals in Malayasia, the second largest producer, pushed international prices higher
Silver up 0.82% on global cues
Easing Eurozone concerns triggered buying sentiment in the precious metal market overseas
Gold futures maintains upward trend on global cues, up 0.40%
Demand for the safe-haven asset triggered after Eurozone concerns continued to deepen
Crude oil extends gains on Asian cues
Global trend firmed after G7 talks brought some respite in the gloom over the Eurozone debt crisis
Cardamom remains weak on profit-booking
Adequate stocks availability in the physical market also put pressure on prices
Mentha oil falls 1.24% on profit-booking
Adequate stocks availability in the physical market also put pressure on prices
Potato down 0.26% on higher supply
Higher supplies in the spot market triggered high prices
Turmeric rises on spot demand
Restricted arrivals also supported prices
DGFT gives export nod for 3.3 lakh tons of sugar since early May
DGFT: Exporter can apply for registration certificate for 25,000 tonnes, application for second RC can be made after exporting at least 50% of the allotted quantity
Weak rupee negates benefit of falling global oil prices
Oil down to $85 a barrel, depreciating rupee at 55 level
Gold rally triggers scrap sales in India
The weak rupee has kept local gold prices at lofty levels and dampened buying demand in India
Nickel rises over 1% on spot demand
However, weakness in the overseas market capped gains
Lead up 0.71% on global cues, industrial demand
LME contract also down 0.7% from previous close
Gold touches record high Rs 30,625 in futures
Strong global trend, weak dollar pushed prices higher