Page 500 - Commodity News
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
 "Surge in onion prices on supply shortage")
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
 "Sugar industry crisis may impact 2015-16 crushing season")
Onion prices remain high in Nashik
Supply of onions affected due to the untimely rains and hailstorms
 "Onion prices remain high in Nashik")
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
 "Aluminium up 60 paise on global trend")
Crude palm oil down by 0.5% on profit-booking
Sluggish demand at the spot market also influenced prices
 "Crude palm oil down by 0.5% on profit-booking")
Crude oil down by 0.4% on weak Asian cues
Speculators cut down bets amid a weak trend in Asian trade
 "Crude oil down by 0.4% on weak Asian cues")
Cardamom up by 0.7% on spot demand
Traders enlarged commitments amid pickup in export and domestic demand
 "Cardamom up by 0.7% on spot demand")
Lead up by 0.6% on global cues
Speculators created fresh positions, tracking firming trend in base metals overseas
 "Lead up by 0.6% on global cues")
Zinc up by 0.5% on global cues
Pick up in domestic demand also influenced prices
 "Zinc up by 0.5% on global cues")
Copper gains by 0.7% on global cues
Speculators widened positions buoyed by firm global trend
 "Copper gains by 0.7% on global cues")
Oil prices down in Asia
Investors waited for the results of a US central bank meeting
Gold continues to shine in India, loses sheen in world
India's jewellery consumption up 2.5%; world gold demand falls to 6-yr low in Q2: Survey
 "Gold continues to shine in India, loses sheen in world")
Oil prices slip to lowest in six months
Brent was down 72 cents at $52.75 a barrel, having hit a session low of $52.28, its lowest since early February
 "Oil prices slip to lowest in six months")
Gold stuck near 5-1/2-year low as Fed rate hike looms
Low gold prices reflected investor hesitation to bid up bullion amid growing expectations of a near-term hike in US interest rates.
 "Gold stuck near 5-1/2-year low as Fed rate hike looms")
Oil prices drop toward four-month lows on glut worries, equities sell-off
Investors are now eyeing weekly data on US inventory levels for further trading cues.
Gold stuck near 5-1/2-year low as Fed hike looms
US gold for August delivery slipped 0.3% to $1,093 an ounce
 "Gold stuck near 5-1/2-year low as Fed hike looms")
Silver imports jump 35% in H1 as gold loses lustre
Demand to remain high with festive season ahead and ongoing price fall
 "Silver imports jump 35% in H1 as gold loses lustre")
New case against Jignesh Shah, NSEL
The move came after the Patiala House courts went through the petition by Integrated Commodity Trades, and its 89 clients and directed further investigation
 "New case against Jignesh Shah, NSEL")