Page 542 - Commodity News
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
 "Mentha oil rise by 0.9% as demand picks up")
Crude palm oil declines by 0.1% on low demand
Participants indulged in reducing holdings due to lower demand in the spot market
 "Crude palm oil declines by 0.1% on low demand")
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
 "Crude oil fall by 0.9% on weak Asian cues")
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")
Nickel up by 0.4% on firm demand
Speculators enlarged positions, tracking a firming trend in spot market on increased demand from alloy-makers
 "Nickel up by 0.4% on firm demand")
Gold futures down 0.2% on weak global cues
Speculators offloaded their positions taking cues from the overseas market
 "Gold futures down 0.2% on weak global cues")
Silver down by 0.3% on global trends
Speculators reduced exposures amid a weak trend in the global markets
 "Silver down by 0.3% on global trends")
Silver import up 18% to 220 mn ounce in 2014
India was the second largest importer, after China
 "Oil heads towards 2015 highs despite ample supply")
Sponge iron units upbeat about demand revival
India's sponge iron production is estimated at 18 million tonnes a year
 "Sponge iron units upbeat about demand revival")
Oilmeal exports lose momentum, down 35% in April
Capacity utilisation is at the lowest and many plants are closing down due to disparity in crushing: Solvent Extractors' association
 "Oilmeal exports lose momentum, down 35% in April")
Steel imports climb 50% in April, exports fall
Steel exports in April, at 0.4 mt, slumped 15.2 per cent year-on-year
 "Steel imports climb 50% in April, exports fall")
Odisha demands exclusion of pulses from NCDEX listing
The escalation in pulses prices has dealt a body blow to the consumers in the state
 "Odisha demands exclusion of pulses from NCDEX listing")
Gold falls by 0.1% on global cues
Participants started reducing exposures, largely in tandem with the global trend
 "Gold falls by 0.1% on global cues")
Silver futures tumble 0.3% ahead of US data
Traders trimmed their positions tracking a weak trend overseas