Page 436 - Commodity News

Garlic price up 40% in 3 months on lower output estimate

Retail demand for garlic rises in winter season, for use as a vegetable additive and direct consumption

Gold recovers on scattered jewellers buying

Metal adds Rs 125 to Rs 25,675 per 10 grams in NCR, Silver edges up Rs 25 to Rs 34,325 a kg

2016 to be a year of turnaround for commodity futures market

A stressful 2015 ends with marginal growth in turnover and hopes for improvement

Volatile jute prices trigger closure of 14 mills

Govt abolishes minimum export price for onion

Price declines by 50% in December

Oil extends pre-Christmas rally in Asia after US report

Drop in US crude supplies cheered global financial markets

Gold import volume up in FY16's first half

WGC reports import figures at 464 tonnes in April-September, as against 431 tonnes in the same quarter last year

Opec sees demand for its crude oil falling for rest of decade

Higher demand estimate for 2020 still below current output; Group will need to pump 30.7 million barrels a day by then

Gold tumbles on low demand, weak global cues

Strengthening rupee that made import of precious metals cheaper also dampened sentiment

Coriander up by 1.6% on limited supplies

Participants widened positions, supported by rising spot demand

Crude oil prices recover on Asian cues

Speculators widened their positions amid a positive trend overseas

Cardamom up by 1.2% on firm demand

Besides, tight stocks position in the physical market following restricted supplies also supported prices

Mentha oil up by 0.3% on spot demand

Speculators created fresh positions, tracking a firming trend at spot market on increased demand

Aluminium up by 0.6% on global cues

Strong demand at domestic spot markets also helped prices

Nickel up by 0.5% on global cues

Firm spot demand also supported prices

Oil rises, WTI and Brent at parity ahead of US supply report

West Texas Intermediate for February delivery was up 20 cents at $36.34, while Brent for February stood at $36.36

US crude oil prices flip into premium over Brent

Speculation easing crude supply over lifting of export ban by US pushes WTI up to settle at $36.38

'New PAN norms to hit gems and jewellery sector'

The new norm, which was announced by the finance ministry recently, would be effective from the next calendar year

Commodity brokerage space witnesses consolidation

Only 42% of members apply for Sebi registration; others might trade as clients

Hong Kong opens poultry market for India

Orders strict quality adherence on avian influenza, exporters see opportunity