Page 389 - Commodity News

Oil prices set for one of the biggest weekly rises in 2016

US West Texas Intermediate crude was up 1.2% at $43.68 a barrel

Cardamom up 0.7% on spot demand

Spice for delivery in far-month June traded higher by Rs 4.80, or 0.60%

Mentha oil up 0.3% on rising demand

Oil for delivery in far-month May gained Rs 2.80, or 0.32%

Palm oil down 0.4% on profit booking

Oil for delivery in April weakened by Rs 1.80, or 0.31%

Government takes several measures to curb pulses prices

Empowers states to put stock limits, Sebi raises margins sharply on chana futures and IT raids traders

Steel makers to again raise prices

Mull raising prices by Rs 1,500-2,000 a tonne for May to cover spike in input costs

Hedge funds go long on commodities

Metals, silver prices sharply rebound after easing concerns on China's growth

For steel, March quarter good, next even better

Realisations, volumes, and profits will improve in March quarter; next quarter may be stronger

Silver scales 11-month high, gold rises as commodities rally

As commodities rallied on firmer oil prices and optimism over the Chinese economy

Cardamom recover by 0.5% on spot demand

Traders created fresh positions, driven by pick up in demand from consuming industries in the spot market

Dairies likely to review milk prices around May

Fodder crisis, commodity prices firming up, tight supplies in summer months might push milk prices upwards

Silver regains Rs 41,000 mark on positive global cues

Participants widened their positions, tracking a firm trend in global market

Lead up by 0.6% driven by global cues

Increase in domestic demand also helped prices

Zinc up by 0.3% on global cues

Increased demand in the domestic markets also helped prices

Nickel up by 1.4% on global cues

Increased domestic demand in the spot market also helped prices

Centre empowers states to curb sugar prices

Prices fell four per cent on NCDEX after report on stock limits

Sugar prices cross Rs 40/kg; Centre to curb stock holding

Prices are rising on expectation of lower output, govt's order of mandatory export of 3.2 MT in 2015-16 marketing year (Oct-Sept)

Gold futures decline 0.26% on profit-booking, global cues

The yellow metal for delivery in far-month August traded lower by Rs 70, or 0.24 per cent

Sugar futures down 2.64% on low demand

Due to lower demand in the spot market mainly kept pressure on sugar prices at futures trade

After 3 years of trying, India to achieve 5% ethanol blending

Demand for industrial use is met through cheap import from Brazil and USA