Page 518 - Commodity News

Coriander down 2% on weak demand, adequate stock

Price for August delivery declined by Rs 263, or 2.16%

Lead down by 0.3% on global trend

Subdued demand from battery-makers in the domestic spot market also affected prices

Zinc falls by 0.2% on subdued demand

Speculators reduced positions amid sluggish domestic demand and a weak global trend

Crude palm oil down by 0.8% on profit-booking

Analysts said apart from profit-booking, a weak trend in the global market weighed on crude palm oil futures prices

Mentha oil down 1.8% on profit-booking

Marketmen attributed the fall to profit-booking by speculators at the existing levels and decline in demand from consuming industries

Cardamom up by 1% on rising spot demand

Speculators enlarged their positions supported by good buying in spot market amid tight stocks position

Nickel rises by 0.2% as demand picks up

Speculators enlarged positions, supported by rising demand from alloy-makers in the spot market

Silver futures decline by 0.2%

Speculators trimmed positions even as the white metal edged higher overseas

Oil prices down with eyes on Greece, Iran talks

The heads of the 19 eurozone countries will hold an emergency summit in Brussels later today under pressure to prevent Greece from defaulting on its debt

Gold jewellery imports from Asean countries zoom

If unchecked, rising imports can pose a threat to Indian jewellery fabricators and bullion dealers, say analysts

All eyes on Greece for base metals' movement

Monday's emergency meeting with creditors crucial; slowing Chinese demand a concern

Cashew prices rise 33% this season

Hudhud cyclone and a few other reasons were responsible for lower production this time

Sugar stock with Tamil Nadu private mills touches 8.85 lakh tonnes

Surplus production leads to crash in prices

Pulses prices soar past Rs 100/kg; no tenders yet for import

Consumers in Mumbai and Chennai are paying the maximum price for tur, urad and moong, followed by Delhi and Kolkata

Govt to soon appoint consultant for common agri-market project

The aim is to integrate multiple Agricultural Produce Market Committees (APMCs) on a single online platform

Success of sovereign gold bonds could be a dampener for gold ETFs

This is a good scheme because gold investors will be able to take this route with returns higher than gold

Gold at over two-week high on global cues, jewellers buying

Gold prices rose by another Rs 75 to trade at over two-week high of Rs 27,200 per 10 grams, tracking a firming trend overseas and increased buying by jewellers

Copper rises by 0.3% on spot demand

Analysts attributed the rise to firm demand at the spot market on pickup in industrial demand

Chana futures remain weak as supply improves

Commodity for delivery in August contracts traded lower by 1.14%

Lead up by 0.2% on global cues

Better domestic demand also helped prices