Continuing on their winning streak for the third straight day, sugar prices moved up by 0.26% in futures trade today as speculators engaged in building huge positions on expectations that the government may allow further exports.

Sugar futures extend gains on further exports hopes

Press Trust of India

Copper futures prices fell by 0.28% to Rs 394 per kg today, in tandem with a weak trend on the London Metal Exchange (LME).

Copper futures down marginally on global cues

Silver futures prices drifted by 0.74% to Rs 55,046 per kg today, after traders preferred to reduce their positions amid a weak trend in global markets.

Silver futures down on weak global cues

Coriander futures prices rose by Rs 51 to Rs 4,176 per quintal today, as speculators created fresh positions, supported by a rise in spot demand.

Coriander futures up on pick-up in demand

Lead futures prices fell by 0.98% to Rs 105.75 per kg today, as speculators reduced their positions amid a weakening trend in base metals on the London Metal Exchange (LME).

Lead futures down nearly 1%

Chana futures prices remained higher for the second straight day by adding Rs 4 to Rs 3,295 per quintal today, as speculators enlarged their positions, supported by firming trend at spot market.

Chana futures rises for second day in row

Amid a weakening trend at the London Metal Exchange (LME) and subdued domestic demand, zinc prices fell by 0.59% in the futures market today.

Zinc marginally down in futures trade

Gold continued its gaining momentum at the bullion market here today on firm jewellery demand due to ongoing marriage season amidst rising global market.

Gold continues to strengthen, silver declines

Despite a drastic cut in the minimum export price (MEP) for the second time within a fortnight, onion prices failed to take a leap, as high arrivals kept the commodity under pressure. Prices in the spot Vashi Agricultural Produce Market Committees (APMC) yard plunged 10 per cent on Tuesday.

Cut in onion export price fails to cheer exporters

Business Standard

Cotton yarn prices rose eight per cent in a week due to renewed demand from both domestic as well international markets. The price of the benchmark 40-count is quoted at Rs 200 a kg as against Rs 185 a kg a week ago.

Yarn prices rise 8% on foreign demand

Around 20 per cent of overall distillery capacity in Uttar Pradesh has closed due to a crackdown by the government through regular raids from the state excise department.

Around 20% distilleries shut shop in UP

Cardamom prices were up by Rs 2.50 at Rs 621 per kg in futures trade today as speculators enlarged their positions, motivated by a rise in spot market demand amid the marriage season.

Cardamom futures gain 0.40% on spot demand

Nickel futures prices fell by 0.30% today as speculators reduced their positions, influenced by a weak trend in the spot market due to slackened demand from alloy-makers, even as the metal strengthened on the London Metal Exchange.

Nickel futures fall on sluggish demand

Zinc prices fell by 0.35% in the futures market today as speculators took stock of weak cues from the London Metal Exchange and sluggish domestic spot demand.

Zinc futures down by 0.35% in thin trade

Mentha oil staged a comeback to trade Rs 4 higher at Rs 1,334.50 per kg in the futures market today as traders created fresh positions, driven by a pick-up in industrial demand in the spot market.

Mentha oil futures rebound on industrial demand

Crude palm oil edged lower by 0.10% to Rs 509.70 per 10 kg in the futures market today amid profit-booking by speculators at prevailing levels.

Crude palm oil futures weaken on profit-booking

Lead prices fell by 0.19% to Rs 104.95 per kg in futures trade today as speculators reduced their positions amid subdued demand in the spot market and a weakening trend on the London Metal Exchange.

Lead futures down marginally on weak overseas trend

Copper prices fell by 0.87% to Rs 388.75 per kg in futures trade today, in tandem with a weak trend on the London Metal Exchange (LME).

Copper futures down 0.9% on global cues

Gold futures prices recovered by 0.78% to Rs 28,887 per 10 grams today, tracking a firming trend overseas.

Gold futures up on Asian cues, short covering

India surpassed its coffee export target for the 2010-11 by 44%, shipping 325,116 tonne of the brew overseas during the financial year, Parliament was informed today.

Coffee export target for FY11 exceeds by 44%

Red chilli and turmeric prices fell by Rs 100 per quintal in the national capital today due to subdued demand amid adequate stocks.

Chilli, turmeric trade lower on subdued 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.

Page 2452 - Commodity News