Page 526 - Commodity News

Chana futures succumb to profit-booking, fall 0.17%

Analysts said fall in demand in the spot market against adequate stock position mainly led to slide in chana prices

Crude palm oil extends weakness

Prices fall further by 0.48%

Cotton yarn spinners cut capacity use as China policy causes domestic glut

Declining exports of cotton yarn to China have worsened the oversupply situation for Indian spinning mills, who are now looking to domestic demand for relief

Oil prices up on hopes for big fall in US stocks

A dip in US stockpiles is seen as signalling healthy demand in the world's top crude consumer, supporting global prices

Asian gold buyers retreat as prices stuck in tight range

Rubber prices bounce back as late rains, rising temperature hit output

The price of grade RSS-4 rubber rebounded to Rs 130 a kg after a gap of three months

ICAR developing new non-GM soybean genotypes high in oleic acid

Derived oils with high oleic acids are free from trans fatty acids that pose high risk of heart ailments

IG International to set up first greenhouse plant for residue free fruits

Will help India enter into Japan, Korea and Dubai markets for fruits exports

Castorseed up 0.9% on spot demand

Delivery in July month contracts was trading higher by 0.8%

Mustardseed up 0.9% positive spot cues

Delivery in July contracts surged by 0.73%

Cardamom up by 2% on rising demand

Speculators enlarged their exposure, driven by rising demand in the market

Crude palm oil down by 0.7%

Analysts said a weak trend in the global market impacted crude palm oil futures prices

Mentha oil up by 1.3% on firm demand

Restricted arrivals from Chandausi in Uttar Pradesh also influenced prices

Lead rises by 0.2% on global cues

Better demand from battery makers in spot market also supported prices

Silver futures harden, up Rs 96

The metal for delivery in September contracts gained 0.21%

Crude oil edges up, fuelled by global cues

Marketmen attribute the rise in crude oil prices to a firming trend in Asian trade on a weaker dollar

Zinc up by 0.2% in line with global trend

Speculators built up bets on the back of rising demand in the domestic spot market amid a firming trend overseas

Copper rises by 0.3% on global cues

Speculators enlarged bets, largely in step with a firming trend in base metals at the London Metal Exchange

Oil prices higher in Asian trade

However, gains were capped by concerns about tepid Chinese demand and OPEC's decision to maintain its current output levels

No dairy exports to Russia, for now

Stringent new conditions make it impossible for Indian dairy co-operatives to export