Page 520 - Commodity News

Oil markets risk more trouble ahead

Driving force behind the slide remains intact

GM mustard developed by DU under fire

The new GM mustard is essentially a backdoor entry for herbicide-tolerant crops into India

Gold drops on profit-taking, weak demand; FOMC outcome weighs

Standard gold slumped by Rs 155 to end at Rs 26,630 per 10 grams

Chana up 1.2 % on spot demand

Commodity for delivery in June was trading higher by 0.80%

Mustardseed up 1.6% on strong demand

July month contracts were trading higher by 1.45%

Palm oil down 0.6% on subdued demand

Oil for delivery in June traded lower by 0.52%

Mentha oil down 2% on profit-booking

Oil prices for July delivery declined by 1.96%

Cardamom gains by 0.5% as spot demand picks up

Speculators created fresh positions, driven by pickup in demand at the spot market

Gold down by 0.2% on weak global cues

Investors awaited the outcome of a Federal Reserve meeting this week and a gathering of European finance ministers who will discuss the debt crisis in Greece

Lead gains by 0.2% on spot demand

Participants enlarged their exposures amid rising demand in spot markets

Silver futures down by 0.2% on overseas cues

Participants trimmed positions amid a weak global trend

Crude oil futures take Asian cues, firm up

Speculators created fresh bets amid a firm trend in Asian markets

Oil prices stable as strong fuel demand meets high production

Analysts, however say there is little room for prices to rise much further as the market remains heavily oversupplied

Gold returns to remain subdued

It's better to dilute the holding and start looking at equity

PSUs to soon float pulses import tenders

Last week, the Cabinet had expressed concern over rising prices and decided to increase imports, among other measures

Gold imports tick up 10.5% to $2.42 billion in May

CAD in the first half of last fiscal declined to 1.9% of GDP

Promissory note replaces paper note system in diamond trade

New system aimed at formalising trade pacts to check defaults

UP sugar mills fail to comply with HC order over arrears' payout

Mills fail to comply with HC order to pay 25% of arrears to sugarcane farmers by June 15

Maggi ban: Flour millers recall maida supplied to Nestle

According to sources, around two dozen flour mills with its maida supply dedicated to Nestle have stopped production

Kerala seeks Rs 500 cr aid from centre for rubber procurement

The state government plans to procure 50,000 tonnes of rubber at a price tag of Rs 150/kg