Turnover of guar seeds was 44-times higher than its expected production of 3,50,000 tonnes in the 2004-05. Turnover of guar gum, an exportable by-product, too was 12-times more than its exports of

Soaring volumes push up guar seed prices

Business Standard

Prices of guar seeds and its by-product guar gum are expected to continue its upward journey if speculations continue to be rife due to supply fears and a sharp rise in the number of companies trading

Further rise seen in guar seed, guar gum prices

While the international prices of crude abated marginally last week, they continued to rule at higher levels with Brent (dated) touching a new 13-year record of $ 38.99 a barrel during the week. 


No respite from high prices

The vegetable oil sector has urged the government to raise import duty on palm oil and palmolein to 75 per cent to protect the domestic oilseed and oil sector from cheap imports.


Edible oil sector seeks import protection

Though the bird flu panic has taken a huge toll on the poultry industry, it has turned out to be a blessing in disguise for the poultry export units. 


Egg powder exports hatch 90% growth

The National Commodity and Derivatives Exchange Limited (NCDEX) has tied up with the Central Depository Services Limited (CDSL) to enable NCDEX members hold commodities balances in electronic format

CDSL ties up with NCDEX

The government on Saturday said it might review the cotton export quota in mid-November. The announcement came three days after it permitted duty-free cotton exports of up to 5.5 million bales (one bale is 170 kg) from October.

Govt to review cotton export quota on Nov 15

The Indian Commodity Exchange (ICEX) and Federation of Indian Mineral Industries (FIMI) have decided to join hands to promote an efficient iron ore futures market.

ICEX, FIMI ink pact to develop iron ore futures market

Press Trust of India

Domestic natural gas production will rise by over 25 per cent to 180 million standard cubic metres a day (mmscmd) by 2012-13 after Reliance Industries' (RIL) eastern offshore KG-D6 field hits peak output.

India gas output to rise 25% to 180 mmscmd by 2012-13

Oil slipped towards $74 per barrel on Monday as the end of the US driving season and high levels of unemployment in the world's biggest oil consumer raised concerns over the outlook for demand.

Oil dips towards $74 on US glut at driving season end

Copper futures prices today rose Rs 1.50, or 0.42 per cent, to Rs 362.90 per kg, as speculators indulged in enlarging their positions, buoyed by firming global trend on falling stockpiles.

Copper futures rise 0.42% on global cues

Nickel futures today rose by Rs 11.90, or 1.15 per cent, to Rs 1,046.70 per kg, taking cues from firming global markets.

Nickel futures strengthen on spot demand, overseas trend

Supported by firming trend overseas, lead futures today edged up by Rs 0.60, or 0.59 per cent, to Rs 101.95 per kg.

Lead up 0.59% in futures trade on overseas cues

Aluminium gained Rs 0.45, or 0.45 per cent, to Rs 101.55 per kg in futures trade today, tracking firming trend in other base metals.

Alumininum rises in futures trade, gains 0.45%

Buoyed by firming trend in global markets amid pick up in spot demand, zinc futures prices today rose Rs 0.85, or 0.84 per cent, to Rs 102.40 per kg.

Zinc up 0.84% in futures trade

Potato prices rose by Rs 7.30, or 1.64 per cent, to Rs 451.20 per quintal in futures trade today as traders enlarged their positions on pick up in spot market demand.

Potato rises on firm spot demand

Cardamom prices fell by Rs 21.60, or 1.83 per cent, to Rs 1,155.50 per kg in futures trade today, as speculators booked profits, triggered by subdued demand in spot markets.

Cardamom remains weak on profit taking

Chana prices rose by Rs 19, or 0.86 per cent, to Rs 2,216 per quintal in futures trading today as speculators enlarged their positions on expectations of rise in demand in the domestic markets.

Chana higher on firming demand in spot market

Gold prices today recovered by Rs 90 to trade at Rs 19,230 per ten gram in the bullion market here on buying by jewellers and stockists amid firming global trends.

Gold recovers on firm global cues; silver eases

Turmeric and jeera prices rose by Rs 100 per quintal each in the national capital today on fresh buying by stockists driven by pick up in retailers demand.

Turmeric, jeera edge higher on stockists buying

Soyabean prices traded lower by Rs 1.50, or 0.07 per cent, to Rs 2,061 per quintal in futures trade today, as speculators reduced their positions after fall in demand at spot markets.

Soyabean futures decline on sluggish demand

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.

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