Barley futures hit another daily upper limit of 4% in the future trading today on sustained buying by speculators amid low inventories.

Barley hits upper limit

Press Trust of India

Chana prices rose by Rs 99 to Rs 3,898 per quintal in futures trade today, as speculators enlarged their positions on good spot demand.

Chana up 2.6% on better spot demand

After equities, it seems retail investors are now wary of gold exchange traded funds (ETFs), too, as the yellow metal&rsquo;s prices continue to remain higher. Net inflows are fast shrinking and even investors have started moving out of this asset class offered by mutual fund houses.

Gold ETF inflow dips since Sept

Business Standard

India's edible oil production in the current oil year (November 2011-October 2012) is estimated to fall by 4.6 per cent against last year, raising concern of a further price rise in the retail market.

Lower rabi crop to push up edible oil prices 

The post-Budget demand for gold has almost become nil in the physical as well as the futures market, due to several taxes imposed by the government. When the physical market opened after three days of strike, volumes had dried. Similar was the case in the futures market, too.

Post-Budget, gold volumes crash in futures market

Coal imports by India, the world&rsquo;s third-largest user of the fuel, fell 13 per cent in February from the previous month as slowing economic growth hurt demand, according to port data.

Coal imports decline 13% in February

Chana futures rose further by Rs 39 to Rs 3,930 per quintal today, as speculators enlarged their positions on strong spot demand.

Chana up 1% on strong demand

Crude palm oil prices rose by Rs 1.80 to Rs 576.50 per 10 kg in futures trade today, as speculators created fresh positions on the back of rising spot demand.

Crude palm oil up 0.3% on rising demand

The rally in barley futures continued for the third straight day, as prices hit another daily upper limit of 4% in futures trading today on speculators buying following reports of lower production this season.

Barley hits another daily upper limit

Cardamom futures rose by Rs 20.60 to Rs 1,302.90 per kg today, on speculators buying supported by reports of adverse weather conditions in producing regions amid strong domestic and export demand.

Cardamom up 1.6% on spot demand

Gold futures rose by Rs 36 to Rs 28,339 per 10 grams today, as speculators created fresh positions on the back of a firming global trend.

Gold futures up on global cues

Lead futures weakened by 0.19% to Rs 102.65 per kg today on sluggish demand from battery makers in the spot market amid a weak trend in overseas markets.

Lead weakens on sluggish demand

Mentha oil futures rose by Rs 66.60 to Rs 2,286.60 per kg today as traders created fresh positions, driven by pick-up in spot demand.

Mentha oil rises 3% on pick-up in spot demand

Silver futures softened by Rs 46 to Rs 58,351 per kg today, as speculators reduced their positions, tracking a weak trend in global markets.

Silver futures soften on weak global cues

Tracking a weak trend in global markets, copper prices declined by 0.19% to Rs 430.20 per kg in futures trade today, as speculators offloaded their positions.

Copper down on weak global cues

A strong bearish trend is prevalent in the global natural rubber (NR) market, as Bangkok spot trading on Thursday quoted a lower price of Rs 197 a kg, compared to Indian markets, which quoted Rs 198 a kg for RSS-4 grade.

Global natural rubber mart in bearish mode

The Forward Markets Commission (FMC), the commodity derivatives market regulator, has suspended fresh positions in guar trading, effective immediately. This means all existing live contracts would remain open, only for squaring off positions.

No new trade in guar, says regulator

Faced with a widening deficit of talent due to the lack of adequate commodity-centric academic institutes in India, the Forward Markets Commission (FMC), the commodity markets regulator, has proposed to set up a National Institute of Skill Development. It sent the proposal recently to its parent ministry, food and consumer affairs.

FMC moots commodity-centric training institute

Gold prices was little changed on Friday and were set for their fourth-straight week of losses, after weak economic data from China and the euro zone sent bullion to a two-month low in the previous session.

World gold off 2-month low but headed for 4th losing week

Reuters 

Oil prices rose in Asian trade today on data showing an improvement in US employment numbers as concerns over geopolitical tensions in West Asia lingered.

Oil prices higher in Asian trade

Buoyed by a firm global trend, crude oil prices moved up Rs 10 to Rs 5,428 per barrel in futures trade today as speculators created fresh positions.

Crude oil futures rise on global cues

Get the latest commodity market news and daily price updates on gold, silver, crude oil, and more. Stay informed with real-time trends and expert insights at Business Standard.

Page 2404 - Commodity News