Page 2341 - Commodity News

Sugarcane acreage rises to 51.76 lakh hectares this year

Groundnut sown in 88,700 hectares, sesamum in 52,400 hectares, Sunflower in 20,400 hectares as of today

Sponge iron units down shutters

Shortage of ore, high cost at e-auctions have forced small and medium companies in Karnataka to close operations

Oil gains for second day on stimulus speculation

Fertiliser ministry wants urea out of GST

Explains rationale for this exemption and for zero customs duty on plant & machinery import for the sector

Fertiliser ministry seeks bigger role for PSU boards in foreign buys

Gold traders bullish as hedge funds raise stakes

NCDEX to accept deposit receipts as margin obligation

Oil off day's high as Greek relief ebbs

Brent crude was up 92 cents at $98.53 a barrel

Gold futures decline on weak global cues

Fall in demand at the spot market also dragged prices

Mentha oil up 1.84% on firm spot demand

Restricted arrivals from UP also influenced mentha prices

Castorseed up on fresh buying

Prices up 1.3% from previous close

Cardamom extend losses, down 2.25% on subdued demand

Adequate stocks in the physical market put pressure on prices

Nickel up on spot demand, global cues

Pro-bailout parties winning in Greece eased fears of global financial turmoil

Crude oil up 0.73% on Asian cues

Easing global financial turmoil also supported prices

Crude palm oil up 0.96% in futures trade

Building new positions on the back of rising demand, global cues took prices higher

Silver down on global cues, profit-booking

Prices down nearly 0.5% in futures trade

Copper up 0.30% on global cues, spot demand

Copper on LME up 1.4%, highest since May 30

Barley tumbles on weak spot cues

Accelerating supply vs fall in demand put pressure on prices

Gold down, physical buyers await more falls

Global gold fell for the first time in seven sessions as the risk of a Greek exit from the euro zone subsided

Chilli down over 3% on sluggish demand

Adequate stock positiion also pulled prices lower