Page 2368 - Commodity News
Your chai is going to get costlier
Irregular rain, input cost pressure prompt price rises by some firms others to follow
Brent rises above $109 ahead of EU summit, Iran talks
Major powers will also meet Iran on Wednesday to discuss its nuclear programme
Chana recover on spot demand, restricted supply
Production in current crop season likely to decline
Copper up 0.34% on global cues
Domestic demand also pushed prices higher
Crude oil marginally up on global cues
Speculators enlarge positions on improving sentiment
Jeera weakens on increased arrivals
Weak export demand also pulled the spice lower
Lead gains 0.19% on global cues, spot demand
Weak rupee also supports prices
Silver falls 0.34% on lower global trend
Weak rupee restricted the fall
Falling Re : Robusta coffee prices up 25%
Exporters rush to encash benefits of a weak currency by booking profits low output estimates add to flare
Dull crushing market awaits soybean stock release
About 2.5 mt likely to come in future, but even this may not depress prices enough to make oil extraction worthwhile
Oil dips on hopes of easing Iran tensions
However euro zone debt continue to cast a shadow over the market
Pepper sheds 0.6% on profit-booking
However, lower supplies and dwindling stocks restrict losses
Soyabean slips on global cues
June and July contracts shed more than 3% each as traders offload holdings
Turmeric falls 1.5% on slow demand
Reports of higher output this year in growing areas add pressure on prices
Cottonseed sheds 2.5% on selling pressure
Higher supply, lower demand in physical markets lead fall in future prices
Silver futures drop 1.1% on sluggish demand, global cues
Metal loses 1.7% in Asian markets
Gold futures down 0.5% on global cues
Sentiment turns bearish as gold falls for second day in global markets, on fears Greece may exit euro