Good monsoon has given betel farmers a reason to cheer as the production of betel leaf has risen this season. Wholesale dealers in Uttar Pradesh (UP) expect the output to increase 15-20 per cent this year.

Betel leaf production rises on good monsoon

Business Standard

It is rarely that a large group of analysts to be interviewed by an agency would generate a consensus on the outlook for a metal over the next year and a half. To say the least, metal price forecasting is fraught with risk, for analysts get sideswiped by broader macro concerns. However, when recently Reuters polled 19 analysts about copper prospects, each one believed copper demand would stay ahead of supply next year.

Copper demand to stay ahead of supply

Gold continued with its record- breaking rise in the national capital today, surging by Rs 300 to Rs 19,500 per 10 gm, while silver also hit an all-time high after gaining Rs 370 to Rs 32,400 A kg.

Gold, silver touch record highs

Press Trust of India

Nickel prices declined by Rs 3.70, or 0.34 per cent, to Rs 1,074 per kg in futures trading today, as speculators reduced their positions, driven by a weak trend in global markets.

Nickel futures decline 0.34% on weak global cues

Crude palm oil prices recovered by Rs 2.70, or 0.65 per cent, to Rs 416.90 per 10 kg in futures market today, as speculators created fresh positions after an improvement in demand in the spot market.

Crude palm oil futures recover on spot demand

Refined soya oil traded higher by Rs 1.40, or 0.29 per cent, to Rs 479.50 per 10 kg in futures trading today, as speculators enlarged their positions, driven by pick up in spot demand.

Refined soya oil futures up on spot demand

Silver futures prices traded at an all-time higher level by adding Rs 55, or 0.17 per cent, to Rs 32,275 per kg in futures trade today on increased offtake by speculators amid firming global trend.

Silver futures sets new peak level on good offtake

Mentha oil prices dropped by Rs 6.60, or 0.80 per cent, to Rs 821.50 per kg in futures trade today, as speculators indulged in profit-booking amid fall in spot market demand.

Mentha oil futures dip on profit-taking

Crude oil prices fell by Rs 18, or 0.51 per cent, to Rs 3,496 per barrel in futures market today, as speculators reduced their holdings in tandem with a weakening global trend.

Crude oil futures fall 0.51% on poor global cues

Cardamom futures prices rose by Rs 35.60, or 3.60 per cent, to Rs 1,023.90 per kg today on rising demand in spot markets for the current festival season.

Cardamom futures up as spot demand rises

The Multi Commodity Exchange today lowered the amount of margin money -- which is the deposit that traders are required to maintain with the bourse -- for turmeric futures trade to 10 per cent.

MCX slashes margin money for turmeric futures trade to 10%

In restricted activity, moong and its dal prices fell up to Rs 200 per quintal on fall in demand at prevailing level against adequate supply.

Moong, its dal decline on subdued demand

Copper traded marginally lower by 75 paise, or 0.75 per cent, to Rs 353.70 per kg in futures trading today, as speculators booked profits amid weakening global trend.

Copper softens on profit-taking, global cues

Pepper turned weak and traded Rs 61, or 0.30 per cent lower, to Rs 20,243 per quintal in futures market today, as speculators locked in profits amid weakening trend at spot markets.

Pepper futures fall on profit-taking

Gold prices spurted to set a new record high level of Rs 19,363 per ten gram in futures trading today, as speculators continued to enlarge their positions, driven by pick up in demand in the spot market.

Gold at all-time high in futures on firm spot market trend

Chana prices rose by Rs 10, or 0.48 per cent, to Rs 2,108 per quintal in futures trade today, as speculators enlarged their positions, supported by a rise in spot market demand.

Chana futures rise on spot demand

Menthol prices drifted by Rs 5 per kg in the national capital today due to reduced offtake by consuming units amid adequate stocks.

Menthol weakens on reduced offtake

In restricted activity, wheat dara traded a shade lower by Rs 5 per quintal in the wholesale grains market today on reduced offtake by flour mills.

Wheat dara marginally lower on reduced offtake

Black pepper and jeera prices fell by Rs 100 per quintal each in the national capital today on the back of sluggish demand from retailers and stockists.

Pepper, jeera fall on sluggish demand

Select edible oils remained weak and prices fell up to Rs 50 per quintal in the wholesale oils and oilseeds market today on slack demand against adequate stocks position.

Select edible oils remain weak on sluggish demand

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