Cautious exports due to bird flu fear in Orissa and Meghalaya may result in softening of egg and poultry product prices in the domestic market.

Bird flu fears may make eggs cheaper

Business Standard

Coffee consumption has grown the world over in 2011, despite economic turbulence in many importing countries, says International Coffee Organisation.

Global coffee consumption grows in 2011, says ICO

Press Trust of India

After a long lull, India&rsquo;s equity primary market is set to witness some activity. The Multi Commodity Exchange of India (MCX) is set to hit the market with its initial public offer (IPO) in February. The investment banking circles are already buzzing with talks about valuation. Experts say, if priced well the issue could pump life into the moribund IPO market.

MCX initial offer set to hit market by next month

With import of refined gold costlier and partly refined products more economical, they expect a market rise in business.

Gold refiners get a breather in duty rejig

Oil prices were higher in Asian trade today, supported by news that the International Monetary Fund was boosting its coffers to aid in crisis intervention, analysts said.

Oil trades higher in Asia on IMF move

Buoyed by a firming trend overseas, copper futures rose by 0.57% to Rs 425.15 per kg today.

Copper futures up 0.57% on global cues

Taking positive cues from overseas markets, nickel futures rose by 0.28% to Rs 988.80 per kg today.

Nickel futures rise by 0.28%

Mentha oil prices rose by Rs 19.70 to Rs 1,487.70 per kg in futures market today as speculators created fresh positions tracking a firming trend at spot market on pick up in demand from pharmaceutical units.

Mentha oil futures up 1.34% on spot demand

Cardamom extended gains for the third straight day today rising by Rs 3.10 to Rs 631.40 per kg in futures trade as speculators enlarged their positions supported by rising demand in the spot market.

Cardamom futures extend gains on rising demand

Gold futures rose by Rs 39 to Rs 27,514 per 10 grams today as speculators created fresh positions on the back of a firming trend overseas and rising demand in the domestic spot market.

Gold futures up on global cues

Silver shot up by 0.29% to Rs 53,583 per kg in futures trade today following a firming trend in global markets and rising domestic demand.

Silver rises 0.29% on firm global markets

Crude oil futures were up by 0.81% to Rs 5,103 per barrel today as speculators enlarged their positions, buoyed by a firming global trend.

Crude oil futures up 0.24% on strong Asian cues

A sudden fall in demand since the new year began has the diamond processing industry worried, more so as it comes in the wake of a fall in demand abroad for all forms of jewellery. This week&rsquo;s rise in import duty on diamonds and other precious metals has added to the concern.

Double trouble for diamond processors

The government may ease import of coal to tide over the requirement for power generation companies and other infrastructure utilities. Official sources said while Customs duty may not be completely rolled back, a partial rollback of the countervailing duty (CVD) on imports done for power infrastructure projects is being considered by the finance ministry.

Govt may make coal imports cheaper for power companies

The textile ministry will meet the finance ministry to restructure loans for the textile industry. A joint meeting of textile and finance ministry officials, and those from the Planning Commission, the Reserve Bank of India (RBI) and various other banks will take place on February 2 in New Delhi.

High-level govt meeting to sort out textile firms' debt issues

Copper futures rose by 0.39% today as speculators engaged in creating positions, buoyed by a firming trend on the London Metal Exchange.

Copper futures marginally up on global cues

Zinc prices edged up by 0.20% in futures trade today largely supported by rising spot market demand even as metal weakened at the London Metal Exchange (LME).

Zinc remains up in futures trade on spot demand

Cardamom maintained its upward march for the fourth straight day by gaining Rs 3.10 to Rs 637.20 per kg in futures trade today on pick up in demand.

Cardamom maintains upward march on firm demand

Supported by a firming trend overseas and strong domestic demand, nickel futures prices rose by 0.48% to Rs 1,025.20 per kg today.

Nickel futures up 0.48% on global cues

In range-bound movements, lead prices traded higher by 0.28% to Rs 108.75 per kg in futures trading today on pick-up in demand from battery-makers in the spot market.

Lead marginally up in futures trade on spot demand

Crude palm oil extended its upward journey for the second straight day with prices rising by Rs 1.70 to Rs 525 per 10 kg in futures market today on the back of a firming global trend.

Crude palm oil futures extend gains on global cues

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