Page 541 - Commodity News
Nickel up 1% on global cues, spot demand
Metal for delivery in October rose by 0.94%
 "Nickel up 1% on global cues, spot demand")
Copper weakens 0.4% on global cues
Metal for delivery in June month fell by 0.43%
 "Copper weakens 0.4% on global cues")
Crude oil down 0.3% on weak Asian cues
Oil for June delivery moved down by Rs 11, or 0.28%
 "Crude oil down 0.3% on weak Asian cues")
Aluminium down 0.4% on global cues
Metal for delivery in current month contracts traded lower by 0.38%
 "Aluminium down 0.4% on global cues")
Refined soya oil up 0.5% on pickup in demand
Oil for delivery in August contracts traded higher by 0.36%
 "Refined soya oil up 0.5% on pickup in demand")
Mentha oil up 0.9% on rising demand
Oil for delivery in June contracts gained 0.91%
 "Mentha oil up 0.9% on rising demand")
Crude palm oil futures remain weak on higher supply
Oil for delivery in May contracts shed 0.09%
 "Crude palm oil futures remain weak on higher supply")
Cardamom down 0.5% on low spot demand
Spice for delivery in May contracts shed 0.02%
 "Cardamom down 0.5% on low spot demand")
Oil prices hold steady in Asian trade
An interest rate cut by China boosted demand hopes
 "Oil prices hold steady in Asian trade")
Rally in base metal prices might not be sustainable
The more positive developments lately and improved sentiment have triggered short-covering
 "Rally in base metal prices might not be sustainable")
NBHC aims Rs 1,100-cr third-party procurement biz in FY16
In 2014-15, it procured 170,000 tonnes of agri-commodities valued at Rs 550 crore
 "NBHC aims Rs 1,100-cr third-party procurement biz in FY16")
Odisha traders warned against hoarding of pulses
Ganjam district administration has decided to take stringent action against illegal hoarders
 "Odisha traders warned against hoarding of pulses")
Begin CSR before commencing project, for strife-free land acquisition
The fallout of the strife between locals occupying tiny parcels of land in sparsely populated hamlets and investors is project delays and cost escalation
Mentha oil rise by 0.9% as demand picks up
Moreover, restricted supplies from Chandausi in Uttar Pradesh, influenced mentha oil prices
Crude palm oil declines by 0.1% on low demand
Participants indulged in reducing holdings due to lower demand in the spot market
Refined soya oil down 0.3% on sluggish spot demand
Speculators trim positions as stocks pile up in physical market
 "Refined soya oil down 0.3% on sluggish spot demand")
Crude oil fall by 0.9% on weak Asian cues
Speculators trimmed positions amid a weak trend in the Asian trade
Chana fall by 0.2% on adequate supply
However, reports of lower output due to unseasonal rains in key producing areas restricted the fall
 "Chana fall by 0.2% on adequate supply")
Lead weakens by 0.5% on overseas cues
Subdued demand from battery-makers in the domestic spot market also affected prices
 "Lead weakens by 0.5% on overseas cues")
Copper down by 0.1% on global cues
Subdued demand at domestic spot markets also affected prices
 "Copper down by 0.1% on global cues")