Page 487 - Commodity News

MMTC floats tender for import of 10k tonnes of onions

Move follows steep hike of the produce in key wholesale markets in the country

90 tonnes of Egyptian onions arrive in mandis

Provides temporary relief to Indian consumers, import may discontinue as price skyrockets in Egypt, no alternate supply source

Ethanol blending still partly stuck

OMCs now float EoI for 2,650 million ethanol procurement for 10% blending with petrol

Petition filed in Madras HC regarding import of poppy seeds from Turkey

Madras High Court issued notice of motion and ordered interim stay on further processing of import applications

Signs of change visible in oil industry globally

There's been more oil-and-gas M&A so far this year than in the same period of any other year on record

Silver futures up by 0.5% on overseas cues

Speculators enlarged fresh positions amid a firm global trend

Cardamom rises 1.34% on spot demand

Speculators enlarge positions as tight supplies from key growing areas fuel uptrend

Refined soya oil declines 0.32% on low spot demand

Participants offload positions as stocks pile up in the physical market

Turmeric futures rise 1.72% on spot demand

Speculators widen positions as tight supplies from producing belts fuel uptrend

Zinc up by 1.3%, aided by spot demand

Speculators created positions amid a firming trend in base metals overseas and better domestic demand

Crude oil up by 2.4% on Asian cues

Speculators widened positions amid a firm trend in Asia

Gold up by 0.8% in futures trade on global cues

Speculators created fresh positions, taking positive cues from global markets

India to import 1,000 tonne onions from Pakistan, China

The commodity, to be sourced at Rs 45 a kg, would start arriving from September 10

Oil rises more than 4.5% as equities rally

Investors are still worried about huge fuel oversupply

Silver falls 1.4% to hit nearly three-week low, gold follows move

In spot trade here, silver fell by Rs 500 to close at Rs 34,500 on Thursday, level last seen on Aug 8

Gold extends weakness, dips below Rs 27,000 on global cues

Silver sheds Rs 770 to Rs 34,200 per kg on poor offtake by industrial units and coin makers

Silver up by 0.5% in futures trade on global cues

Speculators created fresh positions amid firm global trend

Crude oil up by 0.7% on Asian cues

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

Gold futures extend losses, fall 0.2% on weak global cues

Speculators engaged in reducing their positions amid a weakening global trend

Cardamom higher by 2.2% on rising spot demand

Speculators enlarged positions supported by rising spot market demand