Page 451 - Commodity News

Gold bonds may make a dent in assets of ETFs

Effective return higher in gold bond, but liquidity could be an issue

Peas soar to Rs 160/kg in Punjab, Haryana

Until a few days back, peas were selling between Rs 90-100 per kg

Cheaper pellet offers from China worry domestic makers

In the domestic market, pellet manufacturers have been forced to sell at lower than production cost to counter the surge in Chinese imports

Gold hits lowest level since 2010 as dollar firms

Gold prices hit their lowest level in nearly six years as the dollar rose and investors braced for the first US interest rate hike in nearly a decade

Copper plunges 1.2% on global cues

Speculators indulged in reducing positions after select base metals slumped to multi-year lows in global markets

Aluminium falls by 0.3% on global cues

Investors cut down their bets amid weak global cues and sluggish demand in the domestic spot markets

Mentha oil up by 0.45% on spot demand

Restricted supplies from producing areas also affected prices

Crude oil up by 0.6% on Asian cues

Speculators indulged in widening positions, taking positive cues from Asian markets

Zinc falls by 0.7%, in line with global trend

Speculators trimmed positions after metal dropped to a six-year low at the London Metal Exchange

Bitter crushing season for UP sugar sector

Farmers demand Rs 350 a quintal for common variety cane; mills ready to pay only Rs 190; HC to hear case over arrears on Nov 24

Christmas jewellery export orders dip 25%

Global economic slowdown hits sales, price decline fails to cheer buyers

Tomato prices to cool soon: Centre

FinMin to discuss slow start of gold monetisation scheme

Enquiries about the scheme have not been picking up, even after a fortnight of the launch

Synthetic yarn industry hopes to bounce back in Q2 of FY16

Fall in crude prices has reduced input prices in third quarter, which could ease costs and improve margins for yarn makers

Tomato prices swell 50% at Rs 62 per kg

According to official data, in Delhi, tomatoes were sold at Rs 41 per kg a month ago which has jumped to Rs 62 per kg

Cardamom down by 0.7%, hurt by low demand

Speculators engaged in reducing their positions, tracking a weak trend at spot market on easing demand

Crude palm oil recovers by 0.7% on spot demand

Speculators built up fresh positions, triggered by pick up in demand in the spot market

Gold falls by 0.3% on weak global cues

Profit-booking by speculators also affected prices

Silver falls by 0.2% on weak global cues

Participants cut down their bets, taking weak cues from overseas markets

Copper falls by 1.5% on weak global cues

Speculators trimmed their positions amid weak trend in global markets