Page 503 - Commodity News

Sugar down 0.3% on higher supply

Commodity for delivery in December shed 0.13%

Chana down 0.7% amid higher supplies

Commodity for delivery in September contracts moved down by 0.67%

Mentha oil rises by 0.7% on spot demand

Restricted supplies also influenced prices

Crude palm oil rise by 0.4% on spot demand

Fresh positions built up by speculators driven by rising demand at the spot market, mainly led to the rise in prices

Copper falls by 0.1% on global cues, low demand

A stronger dollar, which makes raw materials more expensive in other currencies, too weighed on prices

Silver falls by 0.4% on weak global trend

Participants lightened their positions, tracking a weak global trend

Gold falls by 0.8% on weak global cues

The precious metal tumbled to over five-year lows in the global market

Oil prices rebound in Asia but crude oversupply weighs

Over the week WTI is down more than 4.0% and Brent has lost nearly 3.0%

Pest attack to hit coffee production this year

However, planters peg the total crop for 2015-16 at 310,000-315,000 tonnes

Jewellery demand: Downtrend expected to stay

Slumping demand for gold as a safe haven, a slowing Chinese economy and a possible US Fed Reserve raising interest rates are the reasons

Cotton reserves in India swell to record as China buys less

Gold prices already factoring in US Fed rate hike: World Gold Council

Though gold can be an effective tail-risk hedge, WGC says, its price reacts more when the risk is systemic

Mines ministry's push to protect interest of aluminium makers

Share of domestic producers in the market has dropped drastically to 45% in 2014-15 from 60% in 2010-2011

Gold bounces back above $1,100/oz from five-year low

Spot gold was up 0.8% at $1,101.25 an ounce, while US gold futures for August delivery were up $9.10 an ounce at $1,100.60

Gold up Rs 100 in opening trade, rebounds on Asian cues

Silver also recovered by Rs 200 to Rs 34,300 per kg on increased offtake by industrial units and coin makers

Gold futures regain Rs 25,000-level on global cues

Speculators indulged in covering-up of their short positions after the precious metal rebounded from in the global markets

Mentha oil falls by 0.4% on easing spot demand

Speculators indulged in reducing positions, tracking a weak trend at spot market on falling demand

Cardamom up by 0.6% on pickup in demand

Tight stocks position in the physical market on fall in supplies from producing regions and some export enquiries fuelled the uptrend

Crude palm oil falls by 0.1% on higher supply

Traders reduced positions, triggered by higher supplies from producing belts at spot market against lower demand

Oil prices mixed in Asia, WTI stays below $50

A rise in US stockpiles added to concerns over a supply glut