Page 416 - Commodity News
Gold demand marginally up in 2015
WGC import estimates show no growth; unofficial imports halved
 "Gold demand marginally up in 2015")
Gold hits highest in two years on dovish Fed outlook
Silver jumps to almost 8-month high following gold
 "Gold hits highest in two years on dovish Fed outlook")
Domestic steel companies hike prices by up to 4%
Prices may be hiked further but only marginally, say industry leaders
 "Domestic steel companies hike prices by up to 4%")
India gold futures rise to near 2-year high on global cues, weaker rupee
In the overseas market, gold surged to its highest in 8-1/2 months
 "India gold futures rise to near 2-year high on global cues, weaker rupee")
US crude falls below $27 a barrel
The market struggled to cope with high inventories in the US and an increased output from OPEC
 "US crude falls below $27 a barrel")
Mentha oil falls by 0.4% on profit-booking
Speculators booked profits amid subdued spot demand
 "Mentha oil falls by 0.4% on profit-booking")
Lead up by 0.2% on global cues
Pick up in demand at the domestic spot market also helped prices
 "Lead up by 0.2% on global cues")
Nickel up by 0.1% on overseas cues
Pick-up in demand at the domestic spot markets also influenced prices
 "Nickel up by 0.1% on overseas cues")
Copper falls by 0.5% on sluggish demand
Participants engaged in reducing their positions, tracking a weak trend at spot market
 "Copper falls by 0.5% on sluggish demand")
Cardamom up by 1.3% on rising demand
Speculators enlarged positions amid rising demand in the spot market
 "Cardamom up by 1.3% on rising demand")
Gold futures up by 1.2% on positive global cues
Pick up in demand at the spot market also influenced prices
 "Gold futures up by 1.2% on positive global cues")
Silver futures rise by 1% on overseas cues
Traders built up fresh positions, tracking a firming trend overseas
 "Silver futures rise by 1% on overseas cues")
Indian gold demand to climb in 2016 as buyers seek safe haven
Turmoil in stock markets, factoring in of interest rate hikes by US Fed making the yellow metal attractive, says the World Gold Council
 "Indian gold demand to climb in 2016 as buyers seek safe haven")
Oil prices fall as US inventories hit record high, economic woes continue
US WTI crude future trades at $26.96 a barrel, down 49 cents
 "Oil prices fall as US inventories hit record high, economic woes continue")
Wheat output expected to fall further
Flour millers want import duty exemption
 "Wheat output expected to fall further")
ICEX to relaunch non-agri futures
To seek regulatory approval after rights issue closes on February 23; commences membership drive
 "ICEX to relaunch non-agri futures")
Mentha oil up by 0.3% on rising demand
Speculators created fresh positions amid a firming trend at spot market on rising demand from consuming industries
Crude palm oil declines by 0.6% on profit-booking
Speculators booked profits amid a weak trend in spot markets on falling demand
 "Crude palm oil declines by 0.6% on profit-booking")
Cardamom down by 4% on muted demand
Adequate stocks in the markets also affected prices