Page 507 - Commodity News

Nickel edges up 0.4% on rising demand

Rising demand at domestic spot markets from alloy-makers supported the upside

Crude oil up 0.5% amid rebound in Asian trade

Oil for August delivery moved up by Rs 14, or 0.42%

Zinc rises by 0.1% on overseas cues

Better domestic demand also helped influence prices

Crude palm oil up by 0.5% on rising demand

Fresh positions built up by speculators following rising demand in the spot market, mainly influenced prices

Tobacco acreage in India to shrink on falling demand

The country's tobacco exports dropped 9% in value terms from Rs 6,100 cr in 2013-14 to Rs 5,600 cr in 2014-15

Addressing the rise in algo trade

FMC norms ahead of those of Sebi, provide some cues on where regulations could be headed

Lifting of Iran sanctions boon for basmati

Export to Iran might hit a record high

Lifting sanctions on Iran won't help India's oilmeal exporters

Iran is buying from alternative sources such as Argentina and Brazil where the oilmeal is cheaper by $100 a tonne

Crude oil up by 1.1%, tracking higher Asian cues

Speculators were seen widening their positions amid a firm trend in Asia

Aluminium rises by 0.4% on global cues

Increased domestic demand also influenced prices

Copper up by 0.1% on positive global cues

Pickup in spot demand also supported the upside

Oil prices higher in Asian trade

Easing concerns about the impact of the expected flood of Iranian supplies on the global market helped prices

Cardamom up by 0.9% driven by spot demand

Besides, fall in supplies from producing regions fuelled the uptrend

Sugar up by 0.6% on spot demand

Traders built up fresh bets supported by pick-up in demand in the spot market

Crude palm oil fall by 0.4% on low demand

Speculators trimmed positions amid sluggish demand at the spot market

Nickel up by 0.9% on spot demand

A firm trend in base metals in the global market also helped prices

Zinc rises by 0.4% on global cues

Besides, increased demand from consuming industries in spot markets supported the uptrend

Brent crude oil slides as Iran clinches historic agreement

Onion price rises on fear of low acreage

Small Farmers' Agribusiness Consortium plans to bring onion from Nashik to Delhi

Poultry prices moderate in July

Egg and chicken prices may remain subdued until year end due to weak demand