Page 372 - Commodity News

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%

Oil prices dip on stronger dollar

Traders, however, expect a fresh boost for oil futures if there are new signs of tightening supplies

Steel ministry to seek extension of floor price on imports

India running out of $70-bn oilmeals market

Supply from Argentina and US works out cheaper, producers call for introduction of GM plantings, seed imports

Textile exports dipped in 2015-16

Bangladesh and China edge out Indian traders; ministry worried, considers more government help

Oil falls from 10-month high as dollar strength halts rally

Crude oil has surged about 90% from a 12-year low in February, amid unexpected disruptions and a slide in US output

Global energy demand grew by only 1% in 2015: BP Statistical review

Slowest growth in emissions in a decade, says the report

Aluminium up by 1% on global cues

Participants enlarged their positions, supported by a strong spot demand in the physical market

Groundnut shortage may push oil prices to new high

Oil price has reached Rs 2,130 per 15 kg and may touch Rs 2,500 in the next two months

Nickel up by 0.8% on global cues

Spot demand amid a firming trend overseas also helped prices

Gold up by 0.4% on global cues

Speculators widened their bets taking positive cues from the global market

Silver up by 1.1% on global cues

Participants raised their bets amid firming global trends

Copper up 0.2% on global cues

Speculators widened their positions, largely in tandem with a firming trend overseas

Unjha not to be part of national agri market

Cites lack of capabilities to maintain the flow of commodity arrivals to put them online

Dehydrated onion exports rise by 30% in new season

Initial trends suggest the industry is anticipating to close the year at 55,000 tonnes of dehydrated onion exports, up from 25,000 tonnes last year.

FY17 raw jute production pegged at 10.2 mn bales

The total availability of raw jute for 2016-17 is estimated at 11 million bales considering imports of 0.3 million bales

Cotton exports drop on thin supply pushing prices higher

Due to tight supplies because of drought

Lower onion prices double dehydration exports from India

The industry expects to export over 50,000 tonnes in 2016

Extend interest subvention to gems & jewellery sector to increase exports: Assocham

To promote gems and jewellery exports that have been marred by global slowdown