Page 2342 - Commodity News
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
Potato up on spot demand
Restricted arrivals also influenced mentha prices
Pepper moves down on profit-booking
Weak export demand also pulled prices lower
Turmeric weakens on subdued demand
Prices down 2.2% from previous close
Lead up 0.52% on global cues
Industrial demand also took prices higher
Zinc up on global cues, spot demand
Prices up 0.6% from prevoious close
Mineral output dips 16.6% in Apr, coal down 35%
Gold mining down 31%, manganese down 26%
Wheat down on record procurement
Supply pressure in markets put pressure on wheat futures
Wheat procurement swells to record 36.73 mn tonne this year so far
Total wheat purchase this marketing season has already surpassed the govt's target of 31.8 million tonne
FMC nominates 2 independent directors on MCX's board
Earlier, SBI had withdrawn the nomination of its director on the board of the commodity bourse
Soon, direct jewellery export to Pakistan
Pak promises visiting Indian delegation to ease tax, visa regime to enable direct access to local market