Pepper futures prices today tumbled by Rs 410 to Rs 42,600 per quintal, as speculators booked profits at existing higher levels amid sluggish demand in the spot markets.

Pepper tumbles on profit-booking

Press Trust of India

The bullion market remained closed for the 11th day today following the strike by traders and jewellers against Budget proposals to bring them under the excise duty ambit.

Bullion strike enters 11th day

In a positive development for the commodity derivatives market regulator, the Forward Markets Commission (FMC), the Supreme Court of India has stayed the Gujarat high court order granting partial relief from the order on Kailash Gupta, promoter of the Ahmedabad&ndash;based National Multi Commodity Exchange (NMCE).

No SC breather for NMCE promoter, told to reduce stake to 2%

Business Standard

Unsold stocks with traders have become a bane for tobacco growers in Andhra Pradesh this season. Traders are not taking active part in auctions and even if they do, the prices quoted are at low levels, when compared with those offered last season.

Poor show at auctions, high inventory hit tobacco prices

Spice exports increased 0.94 per cent in the April-January period of the current financial year. A total of 436,175 tonnes, valued at Rs 7,849 crore were shipped in the first ten months of FY12, as compared to 432,115 tonnes valued at Rs 5,354 crore in the same period of the previous financial year. The rise was 47 per cent in rupee terms and 40 per cent in dollar terms.

Spice exports rise 0.9% in April-January

Leaning back on the tried and tested cash crop, farmers in Gujarat have increased summer groundnut sowing by over 50 per cent this year. Compare to last year's total summer groundnut sowing the state has covered almost 77 per cent this year.

Summer groundnut sowing up by 56%

Gold prices eased off two-week highs on Tuesday as buying ahead of the COMEX March options expiry waned and the market tracked a weaker euro.

World gold eases off 2-week highs as euro retreats

Reuters 

Oil prices dipped in Asian trade today over concerns that a possible spike in US crude inventories signalled declining demand in the world's biggest economy, analysts said.

Oil dips on expectations of falling US demand

Gold futures prices today fell by Rs 24 to Rs 28,256 per 10 grams, as speculators offloaded their positions, tracking a weak trend in the Asian region.

Gold futures fall on weak Asian cues

a weak trend overseas, silver prices declined 0.18% to Rs 57,300 per kg in futures trade today.

Silver futures weaken on Asian cues

Crude oil futures prices today fell marginally by 0.09% to Rs 5,468 per barrel, as speculators trimmed positions amid a weakening trend in the Asian trade.

Crude oil down on weak Asian cues

Potato futures prices fell by Rs 23 to Rs 1,177 per quintal today, as speculators offloaded their positions amid supply pressure in the physical markets.

Potato falls 1.92% on supply pressure

Crude oil palm oil traded higher by 0.15% to Rs 597.10 per 10 kg in futures trade today as speculators created fresh positions, tracking a firming trend in overseas markets.

Crude palm oil futures rise on global cues

Amid profit-booking by speculators at prevailing levels, cardamom prices fell by 1.71% to Rs 1,144 per kg in futures trade today.

Cardamom sheds 1.71% on profit-booking

Buoyed by a rising domestic and export demand, mentha oil futures prices rose by Rs 42.20 to Rs 2,211 per kg today.

Mentha oil gains 1.95% on rising demand

Chana prices moved down by 0.47% to Rs 3,808 per quintal in futures trading today as speculators booked profits, triggered by rising arrivals of new crop&nbsp; in the spot market.

Chana down 0.47% on profit-booking

Gold slipped below $1,680 an ounce on Wednesday, as investors awaited more trading cues from US data after recent hints from the US Federal Reserve chairman on more stimulus propelled bullion to a two-week high near $1,700 in the previous session.

World gold hovers below $1,680, US data eyed

Tracking a weak trend in overseas markets, copper prices fell by Rs 1.85 to Rs 435.55 per kg in futures trade today.

Copper down on weak global cues

Jeera futures prices shed 1.23% to Rs 12,060 per quintal today due to supplies in the spot market amid expectations of bumper production.

Jeera futures shed 1.23% on higher supplies

Gold buying in the country, the world's biggest buyer of the yellow metal, was weak, as jewellers' strike extended to its twelfth day on Wednesday.

Gold buying weak as jewellers' strike extended

Turmeric prices weakened by Rs 24 to Rs 4,266 per quintal in futures trade today on increased supplies in the spot market against subdued demand.

Turmeric weakens on increased supplies

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