Page 442 - Commodity News

Mentha oil down by 0.2% on low demand

Sufficient stocks on higher supplies also affected prices

Crude oil up by 0.8% amid mixed trend overseas

Prices rose to Rs 20 per barrel

Gold futures fall by 0.3% on weak global cues

Speculators cut down their bets amid a weakening global trend

Traders raise bearish bets on crude oil

Unsquared positions rise sharply on MCX, with a surge in selling before another expected price fall

Oil gains on Japan data, US stocks, but more weakness expected

US crude was supported by a surprise 1.9-million-barrel fall in US crude inventories to 488 million barrels last week

Gold recovers on global cues, uptick in wedding season demand

However, silver continued its slide and fell by another Rs 225 to Rs 34,200 per kg

Ample supply drags down sugar futures by 0.28%

Speculators pare exposure on higher supplies from mills

Refined soya oil up 0.29% as demand picks up

Speculators create fresh positions as restricted sipplies from producing belts fuel uptrend

Zinc surges 0.49% on global cues, spot demand

Speculators create fresh positions on higher offtake in spot market, firm trend on LME

Nickel up 0.68%, firm domestic demand helps

However, weak trend on LME caps gains

Uptick in demand lifts cardamom by 0.31%

Tight stocks position in physical market on restricted supplies from producing regions fuels uptrend

Aluminium up 0.46% on global trend

Price rise due to firming trend on LME, after China's consumer inflation increased more than estimated, signalling stabilisation of demand

Lead declines 0.18% as demand slackens

Speculators pare bets on lower offtake from battery makers in the spot market

Silver futures up 0.12% on global cues

Metal gains 0.18% to $14.16 an ounce in Singapore

Copper up 0.44% on global cues, spot demand

Analysts say rise due to mixed trend on LME after China's consumer inflation increased more than estimated, signalling stabilisation of demand

Gold inches up in futures trade on firm global cues

February, April contracts up 0.07% and 0.2% respectively on MCX; metal up 0.22% in Singapore

Oil prices edge up amid ongoing commodity downturn

Traders said the recovery on Wednesday was largely a result of short covering

Oil prices edge up from near 7 year lows as China oil imports surprise

Internationally traded Brent futures were up 21 cents at $40.94 a barrel

Gold holds losses as dollar rallies on Fed rate hike view

The metal was also hurt by a slide in commodity prices, particularly crude oil which was near 7-year lows

Guargum down 4% amid mounting stocks at the spot market

Commodity for delivery this month dipped by Rs 250, or 3.94%