Page 359 - Commodity News

NCDEX introduces e-tagging technology

RFID ensures that commodities stored in warehouses are tracked through radio signals

Jewellery sales likely to dip

India's jewellery sector is estimated to record around 3% of growth in value this calendar year

Mentha oil price jumps 16% in July

Fundamentals remain bullish but price rise to remain capped on huge carry over stocks

Gold futures decline by 0.20% on global cues

Metal for delivery in August contracts traded lower by Rs 46 or 0.15%

Copper down 0.8% on weak global cues, tepid demand

Metal for delivery in far-month November traded lower by Rs 2.55, or 0.74%

Zinc down 0.3% on global cues

Metal for delivery in July contracts shed 45 paise, or 0.30%

Nickel down 0.7% on weak overseas cues, low demand

Metal for delivery in July contracts traded lower by Rs 4.90, or 0.70%

Crude oil futures rise after US stockpiles fall

Brent crude was trading up at 13 cents, while US WTI rose seven cents to $44.72 a barrel

Delisting of fruits, veggies to make them cheap

Delisting of fruits and vegetables from mandis run by the APMC could lower the kitchen budget by 6%

Punjab kinnow exports to grow 3-fold as fruit quality in Pakistan suffers

State sets export target of 15,000 tonnes, announces Rs 14 cr grant to ensure remunerative prices to growers

Gold rebounds on global cues, jewellers' buying

In New Delhi, gold of 99.9% and 99.5% purity recovered by Rs 200 each to Rs 30,750 and Rs 30,600 per 10 grams, respectively

Wheat down 2.3% on ample stocks

Commodity for delivery in August shed Rs 3, or 0.17%

Refined soya oil down 0.3% on ample stocks

Oil for delivery in July shed 65 paise, or 0.10%

Iraq undercuts Saudi Arabia in Q2 to grab top spot in Indian oil market

Helped by sales of discounted heavy crude

Oil traders lose millions as LPG market face 'career ruining' glut

Traders have been left scrambling to mitigate losses as China has failed to be the driver of demand

Crude oil down 0.5% on weak Asian trend

The trading sentiment dampened in futures trade after oil prices extended their decline in Asia today

Gold up 0.1% on positive global cues

Market analysts attributed rise in gold prices at futures trade to positive global cues

Muted demand drags down mentha oil by 1.5%

Oil for delivery in July contracts was trading lower by Rs 13.30 or 1.46%

Crude palm oil down 0.3% on low demand

Offloading of positions by participants owing to slackened demand in the spot market influenced the commodity prices

Copper down 0.2% on low spot demand

Metal for delivery in November was down by 55 paise or 0.16%