Page 2360 - Commodity News
Lead softens on sluggish demand, global cues
The metal was down nearly 1% on LME
Consumer Affairs Min seeks more details from FMC on guar trade
Suggested there should be a law to enable mandatory disclosure about stock availability in the physical market
China gold imports rise 6-fold in Q4
Febuary imports up 13 times year on year
Agri ministry rejects draft proposal for new cotton output estimate regime
Says it would prefer basing its estimate on crop cutting method and not bale press method proposed by textiles ministry
Tea production declines 13% in Jan-Mar quarter
Unfavorable weather lead to drop in production from north-south India
Gold futures down on global cues
Political turmoil in Greece weighed on the metal, strengthened demand for the greenback
Wheat down 0.25% intraday
Reports of rising procurement in the rabi marketing season weighed on prices
Sugar up on spot demand, hopes of more export
Seasonal demand, more exports pushes speculators to enlarge their positions
Potato sheds 0.39% on increased supplies
Higher arrivals from key producing areas vs lower demand pulls prices down
Maize falls on selling pressure
Slack in demand from bio-fuel makers pressurized prices
Crude palm oil falls marginally on sluggish demand
Adequate stock in the physical market also fuelled prices
Mentha oil spurts 2.74% on strong demand
Limited arrivals from Chandousi in UP supports prices
Cardamom surges on strong demand
Restricted stocks in the spot market fuelled a price hike
Pepper rises 1.70% on lower output
Rising demand in spot market pushed prices higher
India exported 11 million bales of cotton in Oct-May
More exports allowed after output estimates revised to 35.2 mn vs 34.1 mn earlier
Base metals down tracking international markets
Firm rupee vs dollar pulls industrial metals lower