Page 540 - Commodity News

Cement sector eyes growth in FY16

Renewed govt spending, real estate likely to boost growth by 7.5%, claim experts

Gold rises on dollar drop, oil rally

The metal has climbed 4.3 per cent from this year's low of $1,141.60 an ounce on March 17

Chana prices up 40% in 4 months on lower crop

Demand pickup in spot market supports the upswing

Oil rises above $66 as weaker dollar offsets oversupply concern

The dollar was down 0.7 per cent against a basket of currencies

Saudi Arabia's April crude output hits record high

Gold struggles below $1,200 as dollar firms

Spot gold was little changed at $1,182.83 an ounce, after losing 0.3% on Monday

Gold futures up by Rs 102 on firm global cues

Traders enlarge positions as yellow metal edges up slightly in Singapore

Mentha oil remains firm on tight supply, rising demand

May, June contracts add 1% each, as commodity rises for third straight day

Silver rises Rs 123 per kg in futures trade

Speculators create fresh positions even as the white metal weakens overseas

Crude palm oil up 0.11% as demand picks up

Speculators create fresh positions on higher offtake in spot market

Cardamom up 0.11% on spot demand

Tight stock position in the physical market on restricted supplies from producing belts support upside

Zinc up 0.37% on spot demand

However, metal's weakness at London Metal Exchange caps upside

Nickel eases 0.17% on global cues

Subdued demand from domestic alloy makers fuels downtrend

Lead firms up 0.35% on spot demand

Traders build positions on higher offtake from battery makers; metal's weakness abroad caps gains

Chana down 0.73% on profit-booking

However, reports of lower output from key producing areas restrict the fall

Oil prices dip on oversupply, worries over Greece

Greece's payment to the IMF a day before deadline was not enough to stop worries over future payments, said officials

April gold import estimated $3.5 bn

In May weather body forecasts of below normal monsoon will haunt gold demand

Wheat import likely to surge this year despite sufficient arrivals

The US department of agriculture pegs India's wheat production at 95.85 mt in 2015, as against 93.51 mt in 2014

Cement fortunes to improve on infrastructure and housing push

Govt may import pulses after 2-yr gap to check prices

The Consumer Affairs Ministry is looking at the option of pulses imports in view of forecast of below-normal monsoon