Page 459 - Commodity News
Chana up by 1% on spot demand
Traders strengthened their position, tracking a firming trend at the spot markets
 "Chana up by 1% on spot demand")
Lead down by 0.4% on global trend
Subdued domestic demand also affected prices
 "Lead down by 0.4% on global trend")
Zinc falls by 0.6% on subdued demand
Weak global trend also affected prices
 "Zinc falls by 0.6% on subdued demand")
Mentha down by 0.8% on profit-booking
Speculators locked-in gains at prevailing levels amid increased arrivals of the commodity
 "Mentha down by 0.8% on profit-booking")
Copper up by 0.1% on global cues
Marketmen said the rise in copper prices at futures trade was mostly in line with a firming trend in base metals
 "Copper up by 0.1% on global cues")
Crude oil falls by 0.5%, strained by weak global cues
Analysts said the fall in crude oil futures is mostly in step with a sluggish trend in Asian trade
 "Crude oil falls by 0.5%, strained by weak global cues")
Nickel falls by 0.6% on weak global cues
Subdued demand at domestic spot markets also affected prices
 "Nickel falls by 0.6% on weak global cues")
Gold prices fall by 0.3% in futures trade
Analysts attributed the fall to a weak global trend
 "Gold prices fall by 0.3% in futures trade")
Oil prices retreat in Asia as rally fizzles
Dealers see no relief in sight to a global crude oversupply, analysts said
 "Oil prices retreat in Asia as rally fizzles")
Metals, gold fall after Fed indicates rate hike in Dec
US Federal Reserve had been talking about increasing interest rates since almost a year
 "Metals, gold fall after Fed indicates rate hike in Dec")
Jewellers might be roped in for gold monetisation
The finance ministry is believed to have suggested that jewellers could be allowed to do the work of assaying
 "Jewellers might be roped in for gold monetisation")
Cardamom falls by 0.7% on weak demand
Adequate stocks in the physical market on account of higher supply also affected prices
 "Cardamom falls by 0.7% on weak demand")
Mentha oil up by 0.5% on seasonal demand
Besides, pick up in export enquiries influenced mentha prices
Lead falls by 0.4% on weak global cues
Low domestic demand also affected prices
Gold futures slide by 1% as Fed hints at rate hike in Dec
Speculators reduced their bets amid a weak global trend
Silver futures fall by 1.8% on global cues
Speculators reduced their exposure, tracking a weak trend overseas
 "Silver futures fall by 1.8% on global cues")
Zinc falls by 0.2% on global cues
Speculators trimmed positions, tracking a weak global trend
Crude oil down by 0.3% on weak Asian trend
Speculators reduced positions amid a weakening trend in Asian markets
Nickel falls by 0.1% on global cues
Besides subdued demand from alloy-makers at the spot market, weighed on metal prices
Copper falls by 0.3% as global trend weakens
Speculators trimmed positions amid a weak trend in global markets
 "Copper falls by 0.3% as global trend weakens")