Page 499 - Commodity News

Spices Board rolls out subsidy scheme to boost production, export

The Board has also decided to provide financial assistance to farmers for irrigation, land development, mechanisation, replanting, soil conservation

Price fall adds shine, silver jewellery exports jump 55%

Technology updgradation to produce world-class jewellery helps boost exports

Less than 30% of jewellery pieces are hallmarked: World Gold Council

Indian households own nearly 22,000 tonnes of gold and around 600 tonnes of gold is used in jewellery production each year, WGC says

Lead up by 0.2% on spot demand

Speculators widened positions on the back of rising spot demand despite weakness in metals

Cardamom up by 0.8% on higher demand

Speculators widened positions after demand picked up in the spot market

Crude palm oil falls by 0.4% on subdued demand

Participants offloaded positions due to subdued demand in the spot market

Nickel rises by 0.2% as demand picks up

Speculators built up positions, supported by rising demand from alloy-makers in the spot market even as metal weakened overseas

Copper up by 0.1% on domestic demand

Speculators built up fresh positions largely on the back of pickup in demand at domestic spot markets

Zinc up by 0.4%, aided by spot demand

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

Oil prices extend rise in Asia

The rebound came following data showing a decline in US inventories, analysts said

Gold to remain subdued if US raises rates

Might fall below Rs 24,000 for 10g in the short term

Surge in onion prices on supply shortage

Prices doubled this month; govt to import 10,000 tonnes but traders say delivery not possible before mid-Sept

Sugar industry crisis may impact 2015-16 crushing season

With banks unwilling to advance working capital, sector says up to 25% mills can be affected

Onion prices remain high in Nashik

Supply of onions affected due to the untimely rains and hailstorms

Aluminium up 60 paise on global trend

Metal for delivery in August contracts also rose by a similar margin to trade at Rs 106.20 per kg in 51 lots

Crude palm oil down by 0.5% on profit-booking

Sluggish demand at the spot market also influenced prices

Crude oil down by 0.4% on weak Asian cues

Speculators cut down bets amid a weak trend in Asian trade

Cardamom up by 0.7% on spot demand

Traders enlarged commitments amid pickup in export and domestic demand

Lead up by 0.6% on global cues

Speculators created fresh positions, tracking firming trend in base metals overseas

Zinc up by 0.5% on global cues

Pick up in domestic demand also influenced prices