Page 371 - Commodity News

Onion exports climb 33% to Rs 2,362 cr in Apr-Feb

Onion exports stood at 9,80,566 tonnes during the 11 months of 2015-16 as against 9,70,442 tonnes in the same period of the previous financial year

Sugar exports up at 1.6 MT so far in 2015-16 season

The country had exported 1.1 MT of sugar in the 2014-15 marketing year (October-September)

Cardamom up 2.7% on pick up in spot demand

Spice for delivery in June gained Rs 13.40 or 1.58%

Palm oil down 0.7% on profit-booking

Oil for delivery in June traded lower by Rs 1.90 or 0.36%

Crude oil futures fall 1.55%, hurt by weak global cues

Also, oil prices for July delivery was trading lower by Rs 49 or 1.46% at Rs 3,307 per barrel

Sovereign gold bonds listed on exchanges trade at 11.5% premium to issue price

The first tranche of the bonds were issued at Rs 2682, and the first trade took place for 4 grams at Rs 2986, which is a nearly 11.5% premium, including interest

Gold rises to nearly four-week high as Asian stocks slide, dollar weakens

US gold was up 0.1% at $1,277.40

Commodity picks: 13 June 2016

Wheat imports may rise to 5 mn tonnes in 2016-17

ITC taking steps to scale up sourcing

Gold shines for 4th day on global cues; silver tops Rs 41,000

Globally, gold rose by 0.30% to $1,273.30 an ounce and silver by 0.29% to $17.28 an ounce in New York

Vegetable prices rising on crop damage reports

Scorching heat burns flower pods thereby reduces yield to a fourth

Gold, silver extend gains on global cues, jewellers' buying

Globally, gold rose by 0.55% to $1,269.50 an ounce and silver by 1.32% to $17.23 an ounce in New York yesterday

Chhattisgarh's foodgrain output to increase by 16%

State set to receive normal rainfall; Paddy output pegged at 7.6 mn tonnes out of total production of 8.68 mn tonnes

Nickel futures fall on weak global cues, muted demand

Metal for delivery this month also shed Rs 3.30 or 0.55%

Sugar down 0.8% on profit-booking

Commodity for delivery in October contracts traded lower by Rs 18, or 0.48%

Zinc up 0.2% on strong domestic demand

Metal for delivery in current month edged up by 25 paise, or 0.18%

Copper up 0.1% on spot demand, global cues

Analysts attributed gain in copper futures to pick up in demand from consuming industries

Cardamom up 0.1% on rising demand

Tight stocks on restricted arrivals from producing belts also supported the upside

Mentha oil up 0.4% on rising demand

Oil for delivery in June contracts edged up by Rs 2.10, or 0.25%

Chana up 1.7% on spot demand

Commodity for delivery in far-month July contracts traded higher by Rs 63 or 0.93%