Page 438 - Commodity News

Mentha oil falls by 0.4% on profit-booking

Besides, adequate stocks position following increased arrivals from Chandousi in UP also kept prices lower

Lead rises by 0.1% on spot demand

A firm global trend also influenced prices

Crude palm oil prices rise by 0.7% as demand picks up

Participants indulged in creating fresh positions supported by rising demand

Cardamom prices up by 1% on spot demand

Speculators enlarged their positions tracking a firming trend at spot market

Chana down by 0.9% on profit-booking

Speculators booked profits amid increased supplies from major producing states

Copper up by 1.5% on global cues

Besides, pick-up in demand from consuming industries supported the upside

Crude sinks lower on dollar effect, oversupply

The US oil benchmark closed at its lowest level since February 2009

With rabi arrivals next month, onion prices set for steady slide

The former are expected to see a fall from the current Rs 10-14 a kg to Rs 7-8 a kg; in retail markets, from Rs 25-30 a kg to below Rs 20

Coal price slump to continue

Global oversupply and subdued demand in the wake of Chinese cutbacks & rupee slump, say observers

Industrial commodities decline on US rate cut

Trend looks bearish in the short term, though positive fundamentals might pull back in the long term

Titan says PAN rule for Rs 2 lakh transactions may hurt jewellery business

So far, PAN was needed for jewellery purchases of over Rs 5 lakh

Ethanol production from paddy plants soon

Avantha Group inks pact with Finland based Chempolis to bring technology to India

Crude palm oil down by 0.5% on muted demand

Higher supplies from producing regions also affected prices

Zinc down by 0.6% on global cues

Speculators indulged in reducing positions after industrial metals retreated in global market

Aluminium down by 0.4% on global cues

Low demand also affected prices

Silver falls by 1.1% on weak global cues

Speculators cut their holdings amid a weakening trend overseas

Mentha oil down by 0.4% on profit-booking

Muted demand from consuming industries also affected prices

Lead down by 0.1% on subdued spot demand

Weak global cues also affected prices

Copper prices slid 0.6% on global cues

Low demand at spot markets also affected prices

Industrial commodities may decline on US rate cut, bullion to follow

A strengthening dollar will likely keep asset classes such as bullion and base metals under pressure in the short term