Page 516 - Commodity News

Chana up 1% on spot demand

Commodity for delivery in July was trading higher by 0.91%

Sugar down 0.7% on ample supply, low demand

Commodity for delivery in October contracts shed 0.27%

Nickel gains by 0.3% on rising spot demand

Firming trend in base metal in global markets further fuelled the uptrend

Cardamom higher by 0.5% on tight stock

Traders widened their exposures, triggered by rising demand at spot markets amidst tight stocks position

Zinc futures shade higher 0.08% on spot demand

Speculators enlarged positions, tracking a firm trend at spot market on pick up in demand

Lead rises by 0.4% on spot demand

Speculators enlarged positions, driven by rising demand from battery-maker in the spot market amid firm global trend

Copper rises by 0.1% on positive global cues

Speculators enlarged positions amid a firm trend at spot market on rising demand

Gold futures rise by 0.3% on global cues

Speculators created fresh positions, taking positive cues from global markets

Silver futures gain 0.2% on overseas cues

Speculators created fresh positions amid a firm global trend

Guar gum farmers in no mood to reduce acreage despite lower prices

Expect better returns than crops such as cotton

Sugar price hits 6-yr low as supply floods market

Mills rush to sell in open market to clear cane payment arrears, with govt pressure adding to the process

Sebi to register commodity brokers from August

Commodities brokers at present are regulated through exchanges and not registered with FMC

Edible oil imports may rise 16% on lower domestic crushing

Imports are likely to increase by almost two mt, taking advantage of cheaper shipments from Indonesia and Malaysia, says SEA

Gold at two-month low on weak global cues, sluggish demand

Silver dropped by Rs 550 to Rs 36,400 per kg on poor offtake by industrial units and coin makers

Lead gains by 0.3% on global cues

Rising domestic spot demand from battery-makers too influenced metal prices

Zinc rises by 0.1% on Asian cues

Improved demand at the domestic spot market also helped prices

Copper rises by 0.2% on spot demand

Speculators widened positions even as metal softened at the London Metal Exchange

Nickel rises by 0.1% on Asian cues

Traders strengthened positions amid a firming Asian cues

Oil prices rise further in Asia

Expectations of a decline in US crude inventories and robust economic data from the eurozone helped prices

Early showers raise hope for better kharif crop

In case of below normal monsoon, acreage under cotton, sugar and urad may rise