Page 2383 - Commodity News
Cardamom rises 1.7% on spot demand
Traders said pick up of demand in the spot market against restricted arrivals from producing regions led to the rise in cardamom prices in the futures market
Nickel down 0.5%
Analysts say apart from a weakening trend at the LME, sluggish demand from domestic alloy-makers also led to the decline in nickel futures prices
Mentha oil falls 1% on profit-booking
The fall in mentha oil prices at futures trade was mostly due to profit-booking by speculators and a weak trend in the spot market on subdued demand
Barley extends gains on speculative buying
Strong demand from brewery industries helped to pushed up the trading sentiments
Lead down 0.2% on global cues, subdued demand
Analysts said a weak trend in base metals at the LME as China's GDP grew by less than expected mainly put pressure on the lead futures trade
Copper weakens in trade on overseas trend
Analysts attributed weakness in copper futures to off-loading of positions by speculators following weakness in metal at the LME after China's economy grew by less than expected
Castorseed surges on brisk buying
Marketmen said restricted supply and rising demand in physical markets mainly attributed the rise here in future price of castorseed
Chana prices up 1.8% on output fall
Analysts attributed persistent rise in chana prices at futures trade to thin supplies in the market amid reports of a lower output this year
Potato up 1.5% on fresh buying
Marketmen said the rise in potato prices at futures trade was attributed to the rising spot demand
Mustardseed rises on strong physical demand
Marketmen said brisk demand from oil mills and vanaspati units against restricted supply mainly pushed up prices
Contentious excise duty on jewellery may stay
Opposition in finance ministry to rollback jewellers readying for resumption of stir
Oil prices dip after 'positive' Iran nuclear talks
Talks between major crude producer Iran and world powers eased concerns over West Asia supply
Silver futures down on lower offtake, global cues
Sluggish demand in the spot market amid weak Asia trend pulls silver down
Chana moves up 0.16% on spot demand
Prices rose on fresh positions taken led by demand in spot market amid reports of a fall in output this year
Barley up 2.37% on strong demand
Strong demand from breweries and cattle-feed making industries and limited supply in spot markets pulls Barley higher
Pepper down 0.37% on weak export demand
Speculators offload their positions as current high price keeps export demand low