Page 417 - Commodity News

Lead down by 0.4% on muted spot demand

Participants cut down their bets amid sluggish demand in the spot market

Aluminium up by 0.1% on spot demand

Traders created fresh positions after pick up in demand at the spot market

Copper falls by 0.1% on global cues

Besides, muted spot demand from consuming industries fuelled the downtrend

Gold futures fall by 0.5% on profit-booking

Speculators indulged in profit-booking at prevailing levels, even as metals strengthened overseas

Silver futures down 1.3% on weak global cues

Also, profit-booking at prevailing levels by speculators weighed on silver prices

Gold price hits one-year high on global recovery

Market slips in huge discount as buyers keep away

Wholesale, retail pulses price trends diverge

Prices of most pulses and dals surged in Oct as supplies dwindled

Goldman Sachs says metals set to underperform oil, cuts price forecasts

The investment bank cut its average copper price forecast by 8% to $4,339 per tonne in 2016

Silver rises by 0.3% on firm global cues

Traders increased their bets amid firming global trends

Nickel up by 0.7% aided by spot demand

Participants widened their bets, driven by pick up in demand in the spot market amid a better global cues

Lead prices up by 0.5% on global cues

Increased demand from battery makers also influenced prices

Crude palm oil up by 0.9% on high demand

Traders enlarged speculative positions following rise in demand at the spot markets

Aluminium prices up by 0.5% on global cues

Furthermore, strong demand in the spot markets supported the upside

Cardamom prices fall by 3% on profit-booking

Subdued spot demand and adequate stocks also weighed on prices

Copper up by 0.1% on spot demand

Traders built up fresh positions amid pick up in demand and positive global cues

Zinc up by 0.5% on global cues

Besides, pick up in demand from consuming industries at domestic spot market fuelled the uptrend

Pulses decline 30% since its peak in October

Govt's fear tactics work, traders see price decline artificial hence, a reversal possible on huge supply deficit

India to start oilmeal import soon as domestic production becomes unviable

A large exporter till three years ago, India is losing ground due to high seed and low oil prices, negative crushing parity

Farmers in distress as onion prices touch 2-year low

At Rs 5 a kg in Lasalgaon mandi, the price is 10% lower than average cost of production

Will carbon composites replace steel and aluminium in cars?