Page 511 - Commodity News

Palm oil down 0.4% on higher supply

Oil for delivery in July contracts also shed Rs 1.50, or 0.34%

Cardamom rises by 1.4% on spot demand

Fresh positions built up by participants driven by pickup in demand influenced prices

Lead up by 0.2% on firm spot demand

A firming trend in metal at the London Metal Exchange (LME) also influenced prices

Nickel gains by 1% on firm demand

Speculators enlarged positions amid a firming trend at spot market on increased demand

Silver futures down Rs 211 per kg on global cues

Speculators reduced exposure, taking weak cues from global markets

Gold futures down 0.3% on weak global cues

Speculators offloaded their positions amid a weak global trend

Oil rebounds in Asia on bargain-hunting

Prices rose ahead of an emergency summit on Greece by eurozone leaders in Brussels today

Defaults, lay-offs take sheen off Surat's diamond sector

Sources estimate 70-80 per cent of them have been affected by retrenchment, pay cuts or reduced working hours

Marine exporters wary of Greece debt crisis

If exports to EU shrink, impact on the exporters is inevitable, they say

Seeking nirvana from carbon emissions through renewable energy

India aims to increase coal production to 1.5 billion tonnes by 2020

NSEL seeks legal options against FMC

Asks why regulator has not declared borrowers not "fit and proper"

HC questions government's charge of NSEL as deposit taking company

NSEL counsel argues that the exchange did not hold or put the money for own use, so cannot be called a deposit

Gold inches up on jewellers buying, global cues

Silver, however, met with resistance and fell by Rs 200 to Rs 36,000 per kg

Refined soya oil down 0.4% on low subdued demand

Oil for delivery in October contracts shed Rs 2.05, or 0.36%

Sugar up 0.4% on spot demand

Commodity for delivery in July contracts traded higher by 0.33%

Crude palm oil down by 0.7% on easing spot demand

Participants indulged in reducing positions, driven by a fall in demand in the spot market

Zinc slips in futures trade, in line with global trend

Speculators reduced their positions, in tandem with a weak global trend

Mentha oil rises by 1.3% on spot demand

Besides, reports of lower production estimates this season supported the upside

Cardamom falls by 0.3% on subdued demand

Participants indulged in trimming positions, tracking a weak trend at spot market on sluggish demand

Nickel falls by 1.8% on weak global cues

Subdued demand at domestic spot markets also affected prices