Page 538 - Commodity News

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

Paddy buying up 21% in kharif

Till May 13, rice millers in the state have already delivered 1.48 million tonne of rice

Shefexil estimates 70% fall in summer sesame seed output

IOPEPC, however, predicts about 51% reduction in output

FMC tells oldest cotton bourse to close

Surendranagar Cotton Exchange renewal proposal rejected due to failure to match mandatory recognition rules; its officials say they're trying for a change of mind

Guargum sheds 1.23% on profit-booking

Increased arrivals and slowing export demand weigh on prices in futures market

Castorseed remains firm, adds 0.88% in futures trade

Participants expand positions on higher offtake in spot market

Oil heads for weekly gain, shrugs off ample supply

U.S. crude is set to rise for a ninth week, which would be the benchmark's longest winning streak since 1983

Copper futures rise on spot demand

Metal for delivery in far-month August contracts edged up 0.12%

Oil prices lower in Asian trade

Concerns about unrelenting global production levels despite lofty supplies affected prices

India gold demand up 22% but WGC cautious on outlook

Might not sustain, says World Gold Council; China & India continue to take half of global demand; central banks still strong purchasers

Plastic makers see demand reviving

When prices were falling few months ago, there was uncertainty, now when they are recovering demand has also increased

Veg oil imports rise 33% to 1.1 mn tonnes in April

Oil trades above $67 a barrel

UP mangoes to be exported to Gulf, SE Asia

The vagaries of nature has resulted in 35-40% loss to the mango crop in UP

Copper falls by 0.3% on weak global cues

Speculators trimmed their positions amid a weak trend in global markets

Gold futures falls by 0.3% as global cues stay weak

Participants offloaded positions at current levels amid weak cues from global markets

Gold demand in June quarter may be muted : World Gold Council

However, March demand was the first time since 2012 that gold demand by ETFs showed net buying