Page 368 - Commodity News

Nickel futures gain 1.97% on spot demand, global cues

Metal for delivery in current month traded higher by Rs 11.90 or 1.96%

Crude palm oil edges higher on pick up in demand

Oil for delivery in June contracts edged up by 40 paise or 0.08%

Mentha down 0.5% on profit-booking

Oil for delivery in July shed Rs 3.30 or 0.39%

Silver futures fall by 0.2% on weak global cues

A weak trend in precious metals in global markets, mainly weighed on silver prices

Commodity picks: 20 June 2016

Base metal prices to inch up

US interest rates being held down for longer is good news for emerging market economies too as their debt repayments will not rise as soon as they might have

Traders strike deals to import 3 mt pulses to cool prices

Retail pulse prices have been rising as its output is estimated to have declined to 17.06 million tonnes in 2015-16 crop year

'India to equal world per capita steel consumption in 10 years'

Per capita steel consumption in India stood at 59.4 kg per person in 2014, against a global average of 216.6 kg, says World Steel Association

10-15% cotton area may shift to pulses, oilseeds

Weak cottom prices and crop damage from pests may prompt farmers to move to more remunerative crops

Gold perks up on firm global cues, jewellers buying

Rs 150 to trade at Rs 29,800 per 10 grams in New Delhi, Silver rebounds by Rs 260 to Rs 41,360 per kg

Sugar stocks drop after export duty announced

The 20% customs duty on sugar exports is aimed at boosting domestic supply

India records highest-ever tea production in 2015-16

The country was able to export 232.92 mkg, valued at Rs 4493.10 crore, which breached the 230 mkg mark after a span of 35 years

Chana sheds 1.7% in mandis after Sebi's suspension order

The share in volume of the commodity on the NCDEX has plummeted from 22% a year ago to just about 5.5%

Tomato price rise temporary, rates fall in Delhi: Govt

Price of tomato is cooling down as supply from Himachal Pradesh has increased

Uptick in demand lifts crude palm oil futures by 0.92%

Oil for delivery in June contracts traded higher by Rs 4.50 or 0.89%

Silver down 1.3% on weak global cues, profit-booking

Commodity for delivery in far-month September was trading lower by Rs 514, or 1.21%

Sugar down 21% as govt slaps 20% export duty

Commodity for delivery in July traded lower by Rs 9 or 0.25%

Nickel up 0.6% on spot demand

Metal for delivery in June traded higher by Rs 3.20 or 0.54%

Lead up 0.7% on spot demand

The metal for delivery in July edged up by 75 paise or 0.65%

Cardamom futures rise 1.29% on pick up in spot demand

Spice for delivery in August gained Rs 10.80 or 1.21% to Rs 900 per kg in 30 lots