Page 2357 - Commodity News
Cardamom prices may rise over Rs 2,000 per kg
India may also see a shortage of supply in local market due to reported crop failure in Guatemala, the world's highest producer of cardamom
FMC hikes position limits in gold contracts
Asks MCX to up max positions taken at an individual or member level for new gold contracts, without giving any reason
Oil extends losses as EU sees political change
French, Greek election results stoke investor concerns over euro zone debt crisis
Barley sheds almost 2% on selling pressure
May contract down 1.83% to Rs 1,531 a quintal, June barley loses 1.7%
Wheat down 0.34% on increased supply
Increased supplies in spot markets amid procurement of grain
Crude oil sheds 1.5% on MCX on weak global cues
Trading sentiment turns weak on extended losses in Asia, as French and Greek poll results stoke investor concerns over euro zone debt crisis
Pepper futures down on sluggish export demand
Most-active contract down 1.4%
Mentha oil prices decline 3% on profit-booking
Subdued spot demand, higher arrivals pulled prices lower
Gold imports could rise on excise removal: trade body
No rollback on import duty of 4% of value
Farm items comprise of 12% of total trades in futures in FY12
Presently, 27 agricultural commodities are actively traded in futures commodity markets
Jewellers welcome rollback of excise duty
Jewellers however felt that the govt should have also withdrawn custom duties.
Jewellers to offer discounts after excise duty rollback
Will cut making charges on all types of jewellery by 25% starting next week
Crude oil down on weak global cues
Trading sentiment remained weak at futures trade on fresh worries about the euro zone debt crisis
Crude palm oil marginally up on spot demand
Fresh positions created by speculators, driven by hopes of pick-up in demand in spot markets, mainly led to a rise in crude palm oil prices
Silver futures down on weak global trend, profit-booking
Metal down nearly 1% in today's trade
Nickel futures decline on global cues, sluggish demand
Eurozone worries continue to weigh on the metal
Mentha oil remains weak on higher supply, weak export
The fall in mentha prices at futures market was mostly attributed to profit-booking by speculators at higher levels and a subdued demand at spot markets
Cardamom rises 1.6% on fresh spot demand
Pick-up in demand in the spot market against restricted arrivals from producing regions were attributed to the rise in cardamom prices