Menthol prices rose by Rs 15 per kg in the national capital today on fresh buying by consuming industries amid tight stocks.

Menthol rises on fresh buying

Press Trust of India

Both the precious metals, silver and gold, declined from their record highs in the national capital today on reduced offtake by retailers and other major consumers.

Gold declines from record levels on lack of buying

Copra prices fell by Rs 100 per quintal in the national capital today owing to subdued demand from retailers and stockists.

Copra falls on subdued demand

Black pepper prices rose further by Rs 100 per quintal in the national capital today on fresh buying by retailers and stockists following pick up in domestic and exports demand.

Pepper remains up on fresh buying; tight supply

Import expected to decline over 60% this year due to record high prices.

Common man sees no silver lining in silver

Business Standard

The growing popularity of commodities as an avenue for building wealth has increased the global total of assets under management (AUM) in this segment by 40 times in the past decade, thanks to a sharp increase in prices and comparatively weak performance by competing asset classes.

Investors' interest gains momentum

State-run trading firm MMTC has moved the Company Law Board (CLB) against a stake sale by its co-promoter, Indiabulls, in the Indian Commodity Exchange (ICEX) to Reliance Exchangenext, alleging that the deal was &ldquo;illegal&rdquo; &mdash; a charge denied by all three parties.

MMTC moves law board against stake sale in ICEX by Indiabulls

Maharashtra&rsquo;s ailing sugar industry on Friday heaved a sigh of relief after the agitating trade unions representing sugarcane growers and the state government arrived at an agreement over the payment of first advance to cane growers in the current crushing season.

Mills may take Rs 400-cr hit on cane payments

Global economic turmoil has adversely impacted the natural rubber market across the globe as the price has tumbled in just 10-15 days. The sharp fall in offtake by industrial users, especially tyre companies, caused one of the sharpest drop in prices in recent times.

Global turmoil hits natural rubber

Gold prices today surged by Rs 175 to touch an all-time high of Rs 29,265 per 10 grams in the bullion market here today on rising seasonal demand amid a firming global trend.

Gold at record-high of Rs 29,265, Silver up Rs 800

Despite the global economic slowdown, tyre exports from India increased 30 per cent in the first half (H1) of the current financial year, according to the latest data by the Automotive Tyre Manufacturers Association (Atma). During April-September period, 3.7 million tyres were shipped as against 2.9 million tyres in the same period of the last financial year. The average monthly exports increased to 631,032 tyres as against 486,608 tyres in the same period last year.

Tyre exports up 30% in Apr-Sept

Gold prices rose by Rs 80 to Rs 28,966 per 10 grams in futures trade today as speculators enlarged their positions driven by a firming global trend.

Gold futures up on global cues

The parliamentary panel examining the government Bill to give autonomy to the commodity derivatives market regulator has, after eight months of quiet, begun consultations with stakeholders.

Parliament panel begins consultation after eight months

Success in trade is all about timing of deals. It is on this consideration that Indian Sugar Mills Association (Isma) president Narendra Murkumbi is pressing the government to allow the industry to start exporting the sweetener now. What lends weight to the demand is the certainty of bumper production during 2011-12 under the pressure of which the domestic market would collapse without big export. More, global traders are striking a bearish stance on expert forecasts that for the first time in four years, the world will have sugar surplus. The surplus scene may stay unchanged through 2013, impinging on prices. In fact, nine of the 13 experts interviewed by Bloomberg expect raw sugar to go on seeking lower levels.

Domestic market may crash if sugar exports are not allowed

Gold touched a new all-time high level on Monday by rising Rs 30 to Rs 29,295 per 10g, driven by sustained buying from stockists and jewellers to meet demand for the ongoing marriage season, amid a firming global trend. The precious metal had touched a high of Rs 29,140 on November 9. Silver also gained Rs 150 to Rs 58,000 a kg on increased offtake by industrial units and jewellery makers.

Firm global trend pushes gold to new high of Rs 29,295 

Supported by a firming trend overseas on speculation that demand from China may grow, traders enlarged their positions, pushing up copper prices by 0.54% in futures trade today.

Copper extends gains on higher global cues

Nickel prices moved up by 0.66% to Rs 906.30 per kg in futures trade today, as speculators created fresh positions amid a firming trend in base metals overseas.

Nickel futures up 0.66% on global cues

Taking positive cues from the London Metal Exchange (LME) and pick-up in domestic demand, zinc prices rose by 0.46% in the futures market today.

Zinc futures up 0.46% on higher spot demand

Cardamom prices fell by Rs 10.40 to Rs 617 per kg in futures trade today, as speculators preferred to book profits, driven by subdued demand in the spot market.

Cardamom futures fall 1.66% on profit-booking

Mentha oil prices moved up by Rs 4.80 to Rs 1,338 per kg in futures market today, as traders enlarged their positions, driven by a rise in demand from consuming industries in the spot markets.

Mentha oil futures up on industrial demand

Sugar futures fell by 0.46% to Rs 2,843 per quintal today, as speculators preferred to book profits after witnessing recent gains but the delay in cane crushing capped the losses.

Sugar futures decline on profit-booking

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