Page 463 - Commodity News

Basmati prices lower than 2015's, despite PDS purchases

Prices rise to Rs 1,400-1,500 per quintal after PDS purchases, lower than Rs 2,500 per quintal last year

Kerala plantations chafe at wage deal

Pulses slump on govt measures

Chana hits lower circuit in futures; tur and urad fall in spot trade after offloading on Centre's move to limit stocks

Cabinet secy chairs meet with states on pulses

Centre has also decided to expedite the import of 2,000 tonnes of tur and 1,000 tonnes of urad dal

India records steel demand growth in difficult external environment

WSA says India is one of the few countries to remain a 'resilient' economy in the face of a 'global slowdown' because of its commitment to 'reforms'

Gold, silver fall on weak global cues, low demand

Signs of buoyant US economy revive chances of US Fed rate hike, exert pressure on precious metal prices

Guargum sheds almost 3% on weak export demand

Speculators pare positions as lower offtake in domestic spot market fuels downtrend

Refined soya oil down 0.87% on low demand

Trades pare exposure as stocks pile up due to higher supplies from growing regions

Mustardseed down 1.76% on weak trend at spot market

apart from pickup in arrivals from growing regions, slackened demand from oil mills and vanaspati units at higher levels in physical markets mainly led to the fall in mustardseed prices

MMTC reworks chickpeas import tender, hikes it to 2,000 tonnes

Extends last date for submission of technical and price bids to Oct 28; bids valid up to Nov 5

Gold prices slip below Rs 27,000 in futures trade on global cues

Metal sheds 0.5% in Singapore as US Fed moves closer to boosting interest rates, first time since 2006

Lead sheds 0.26% on sluggish demand, overseas cues

Analysts cite lower offtake from battery makers, weakness in base metals on LME for drop in prices

Copper take overseas cues, weakens by 0.5%

Low demand at the domestic spot markets also affected prices

Nickel declines by 0.3% on overseas cues

Low demand from alloy makers at the spot market also affected prices

Mentha oil rises by 0.9% as demand picks up

Tight stocks position in the physical market on limited arrivals from producing regions also fuelled the uptrend

Crude palm oil falls by 0.7% on low demand

Traders reduced their exposure, triggered by muted demand at the spot market

Cardamom down by 1.3% on sluggish demand

Participants engaged in reducing their positions amid subdued demand in the spot market

Chana falls by 4% on government steps to curb prices

Speculators indulged in offloading positions after the government decided to intensify anti-hoarding operations

Silver down by 1% in futures trade on weak global cues

Speculators engaged in reducing positions largely in tune with a weakening trend overseas

Oil retreats in Asia as China slowdown weighs

China's GDP rose 6.9% in the three months to September, beating market forecasts but still the worst since 2009