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

Press Trust of India

Mentha oil prices rose by Rs 5.80 to Rs 1,545.20 per kg in futures trade today as speculators enlarged their positions, driven by pick-up in spot market demand from pharmaceutical units.

Mentha oil futures remain up as demand picks up

Silver shot up by 0.40% to Rs 53,600 per kg in futures trade today as speculators built up fresh positions, taking positive cues from global markets.

Silver futures rises 0.40% on firm global markets

Sugar futures traded 0.32% higher at Rs 2,863 per quintal today on the National Commodity and Derivatives Exchange (NCDEX), as speculators enlarged positions on hopes that the government may allow additional exports of the sweetener.

Sugar futures up on hopes of more export

Gold futures prices edged up by 0.19% to 27,399 per 10 grams today, tracking a firming trend overseas as a weaker dollar raised demand for the metal.

Gold up in futures trade on global cues

Chana prices rose by Rs 30 to Rs 3,133 per quintal in futures trading today as speculators created fresh positions, driven by a rise in spot demand.

Chana moves up in futures trade on spot demand

Refined soya oil prices traded higher by Rs 5.40 to Rs 688.75 per 10 kg in futures trading today due to pick-up in spot market demand against less arrivals from producing region.

Refined soya oil futures rise as demand picks up

Pepper prices shot up by 1.03% to Rs 32,450 per quintal in futures trade today as speculators created fresh positions, driven by pick up in demand in the spot market.

Pepper futures rise 1.03% on spot demand

Potato prices fell by 1.53% to Rs 721.50 per quintal in futures trade today on adequate stocks against less demand.

Potato futures fall 1.53% on increased supplies

Gold extended losses for the second straight day by losing Rs 100 to Rs 27,790 per 10 grams in the bullion market here today, while silver continued to rise for the fifth day in row and gained Rs 50 to Rs 53,550 per kg.

Gold loses Rs 100, silver gains Rs 50

The government is likely to consider allowing further exports of sugar in the first week of February, as well as review the onion export situation.

Govt may decide on more sugar exports in early February

As with equities, commodity markets have also seen a rebound since the beginning of 2012, with uncertainty in the global markets seen to be settling, with volatility indicators declining to a level seen last July/August. This has helped commodities and equities rebound.

Commodities start 2012 on a high note

Business Standard

In a significant impact on the profitability of edible oil producers, the crushing margins have turned negative in the past month due to their inability to pass on high prices of oilseeds to consumers.

Edible oil firms' crushing margins turn negative

Natural rubber (NR) production was up 4.3 per cent during the April-December period of the current financial year. Total production in the nine months was 679,100 tonnes as against 651,150 tonnes in the same period of the last financial year.

Natural rubber output rises 4.3% in Apr-Dec

Continuing its upward streak for the sixth straight session, silver today rose further by Rs 1,950 to Rs 55,500 per kg on brisk buying by stockists and jewellers to meet the demand for the marriage season, driven by firming global cues.

Silver up by Rs 1,950 on strong demand

Gold prices recovered smartly at the bullion market here today on emergence of fresh buying from stockists and jewellers as well as investment demand amid bullish overseas sentiment.

Gold, silver spurt on fresh momentum, global cues

Gems and jewellery exports have fallen into the negative zone, down 15% year-on-year, to $3 billion in December due to poor demand from Europe and the US.

Jewellery exports lose glitter in December

Brent crude futures held steady around $110 on Monday as concerns about European demand countered worries about supply disruptions from West Asia due to simmering tensions between the West and Iran.

Brent steady above $110, Greek debt counters Iran

Reuters 

Oil prices were lower in Asian trade today amid renewed concerns over Europe's ability to deal with its towering debt crisis, analysts said.

Oil prices lower on Europe debt worries

Cardamom futures prices fell by 0.15% to Rs 663.50 per kg today, as speculators reduced their positions, driven by a weak trend at spot market on sluggish demand.

Cardamom futures weaken on sluggish demand

Buoyed by a pick-up in industrial demand, mentha oil prices shot up by Rs 20.10 to Rs 1,541.50 per kg in the futures market today.

Mentha oil futures moves up on pick-up in industrial demand

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