Page 512 - Commodity News

Palm oil down 0.1% on weak trend

Oil for delivery in August contracts traded lower by 50 paise, or 0.11%

Chana down 1.6%, stays under supply pressure

Commodity for delivery in August contracts traded lower by Rs 59, or 1.36%

Sugar down 03% on adequate stocks

Adequate stocks in the physical market on persistent supplies from mills pulled down sugar prices

Oil prices ease ahead of Greece vote

The weekend bailout reform referendum in Greece could determine its future in the eurozone

Lead down by 0.3% on subdued domestic demand

A weak trend in select base metals at the London Metal Exchange also affected prices

Crude oil falls by 1% on weak overseas cues

Participants lightened their positions in line with a weak trend in Asian trade

Nickel falls by 0.9% on profit-booking

Profit-booking by speculators and weak trend overseas affected prices

Pulses import: Price trend issue for traders

Huge quantity booked for forward delivery but monsoon's progress and govt action have pulled down prices; trade closely watching crop scenario

No threat to paddy crop despite deficient rain forecast: Govt

The country got 28 per cent more than normal rainfall last month

US free trade pact with trans-pacific nations will hit Indian apparel exports

TPP is the initiative of the US with an aim to protect its domestic industry by gaining duty-free access to markets

Supreme court grants status quo on IEX stake sale

CERC had ordered FTIL to divest its entire stake in Indian Energy Exchange (IEX) by July 20

NCDEX launches gold delivery centre in Hyderabad

To facilitate settlement of forward contracts of gold being offered on its futures platform beginning last month

Seed cos' stocks decline 21% on surplus rainfalls in June

Strong monsoon diminishes prospects of re-sowing, affecting demand for additional seed and fertiliser

Oil prices recover as Iran talks, Greek crisis drag on

Iran nuclear talks were extended until July 7, giving oversupplied markets a breather

Aluminium falls by 0.3% on weak demand

Speculators reduced positions amid weak demand at the spot market

Mentha oil down 1.3% on low spot demand

Speculators trimmed positions, taking negative cues from spot market on subdued demand from consuming industries

Copper rises by 0.2% on global cues

Speculators enlarged positions after base metals strengthened in the global market amid pickup in spot demand

Lead gains by 0.3%, spot demand helps

Positive cues from the global market also helped prices

Silver futures down by 0.2% ahead of US jobs data

A weak trend in precious metals in global markets also affected prices

Nickel rises by 0.6% aided by global cues

Rising demand at domestic spot markets from alloy-makers also gave support