Page 537 - Commodity News

Nickel drops by 0.2% on weak global cues

Participants reduced their exposures amid a weak trend overseas

Cardamom rises by 1.3% as spot demand picks up

Speculators created positions driven by pickup in demand in the spot market

Crude oil up by 0.2% on overseas cues

Speculators engaged in enlarging positions tracking a mixed trend in Asia

Silver futures decline by 0.8%on global cues

Speculators engaged in off-loading positions, hence affecting prices

Higher onion acreage may keep prices stable

Eastern states like Bihar, West Bengal and Odisha have increased onion production which is helping meet the shortfall

Oil down as firmer $, bearish outlook offset West Asia tensions

Reborn IISCO breathes life into Durgapur-Asansol steel hub

The Soviet-era plant had not been upgraded in nearly four decades, with zero maintenance for five years at the point of Mittal takeover

Sugar output up 16%; cane arrears cross Rs 21,000 cr

Sugar production in Maharashtra rose to 10.4 mt till May 15 as against 7.7 mt in the year-ago period

Gold ends steady; silver regains Rs 40k-level on global cues

Scattered demand from jewellers keep gold prices steady, higher offtake by industrial units, coin makers boost silver prices

One year of Modi Govt: A liberal approach towards gold

More measures being introduced to change the way Indians hold gold

Mentha oil up by 1.9% on rising spot demand

Traders engaged in creating positions amid strong demand at spot markets

Crude palm oil rises by 0.3% on spot demand

Speculators enlarged positions on strong spot demand amid a firming trend in the Asian region

Cardamom up by 0.7% on spot demand

Speculators created fresh positions, supported by rising demand in spot markets

Zinc rises by 0.5% on overseas cues

Speculators created positions amid a rising trend in base metals overseas and better domestic demand

Lead up by 0.8% on spot demand

Speculators enlarged positions amid demand in the domestic spot market and a firming global trend

Copper rises by 0.4% on Asian cues

Pick-up in industrial demand at domestic spot market supported the upside in copper

Nickel up by 0.2% on firm spot demand

Speculators enlarged positions amid a firming trend in the spot market

Silver futures rise on short-covering, spot demand

Participants built-up speculative positions, largely on covering-up of short positions by speculators

Gold futures surge on global cues

Increased demand at domestic spot markets for the wedding season, too, supported the upside

Govt to launch new paddy in Ganjam

The new variety named 'Swarna Sub-1' can withstand water logging for about a fortnight