Page 2344 - Commodity News
Nickel down marginally on global trend
June, July contracts down 0.17% and 0.16%, respectively
Copper sheds 0.25% on global cues
Rising stocks in London Metal Exchange, which touched a two-month high, contributed to weak sentiment in the metal
Cardamom extends losses, shed 2%
Analysts say off-loading by speculators due to sluggish spot demand influenced futures prices
Crude oil futures down on Asian cues
July and August contracts shed 0.1% each as speculators trim positions
Lead down 0.28% on sluggish demand
Weakness in base metals on LME, sluggish demand from battery-makers put pressure on futures prices
Zinc weakens in range-bound trade
June and July contracts lose 0.19 and 0.14% respectively as subdued domestic demand adds to pressure on the metal
Mentha oil remains weak on profit-booking
Both, June and July contracts shed 1%, as speculators sell off amid weak domestic and overseas demand
Mentha oil remains weak on profit-booking
Sluggish demand also pulled prices down
Chana remains up on thin supply
New positions created by speculators also pulled prices up
Crude palm oil futures up on firm global cues
Rising spot demand also supported the upside
Wheat extended losses on record procurement
Supply pressure also led to losses
PEC invites bids for import of 18,000 tonnes of RBD Palmolein
Firm asked 9,000 tonnes of refined soyabean oil to be delivered at the Chennai,Tuticorin ports by June 25-30, another 9,000 tonnes to be shipped Jul 5-15
Jeera moves up on fall in supply
Improved demand also pulled prices higher
Imports of sensitive items up 42.8% in 2011-12
Value of sensitive items imported in year ago period was Rs 70,655 cr vs Rs 1,00,911 cr
Cottonseed up on strong spot demand
Restricted supply in physical markets also supported prices
Chilli trades lower on offloading of positions
Adequate stocks also pulled prices higher
India can export up to 3 mn tonne wheat to Iran: Thomas
Iran delegation has taken samples back to finalise the quality issue
Brent oil slips, Europe worries weigh
Hit by worries over Spain's high borrowing costs and prospects for global demand growth
Coffee production expected to be good in 2012-13: ICO
Rising input cost proving to be a major constraint