Page 2346 - Commodity News
Edible oil prices on the boil as rupee slides further
Delayed rains and firm global trend push prices north may rise further by 10%
Textile industry spins revival news
Yarn export registration from both traditional and newer markets rise but concern at Bangladesh undercutting on apparel costs remains
US crude steady around $78 after dropping to 8-month low
ICE Brent crude for August delivery was up 21 cents at $89.44 a barrel.
Gold heads for biggest weekly loss since May
Thursday's data showing Chinese, European and U.S. manufacturing activity had slowed highlighted fears about weaker global growth
Asian gold heads for biggest weekly loss since Dec
Metal pares early gains on fears a global slowdown will hit commodities, prompting investors to seek safety in dollar
Cardamom decline 0.78% on profit-booking
Adequate stocks availability in the physical market also put pressure on cardamom prices
Crude palm oil extend losses on global cues
Palm oil fell 1.3% on the Malaysian Derivatives Exchange
Almond down 3% on sluggish demand
Adequate stocks in the market also dragged prices
Silver falls on global cues
Sluggish demand also pulled prices lower
Copper weaken on global cues, subdued demand
MCX copper down nearly 0,4%
Potato plunges 1.37% on adequate supply
Subdued demand also dragged prices
Lead down on subdued demand, global cues
Benchmark MCX contract down almost 1% on weak fundamentals
Barley up on sustain buying
Firm spot markets cue also pulled prices higher
Mustard seeds rise over 1%
Restricted arrivals from producing regions also pulled prices higher
Nickel moves down on weak global cues
Sluggish demand also pulled prices lower
Wheat procurement at record 37.19 mn tonne
The govt had purchased 27.50 mn tonne of wheat in the 2011-12 wheat marketing season
Sugar up on spot demand
Supply pressure from millers limited gains
Oil up in Asia on short-covering
Traders bought up cheap crude to recoup some of their losses after markets plunged in overnight trade
Oil back over $90 after hitting 18-month low
The price of Brent has fallen by 7.7% this week and has slid by about 30% from its 2012 high of $128.40 reached in March