Page 558 - Commodity News

Gold futures down by 0.2% on profit-booking

Investors indulged in booking profits at prevailing levels amidst a weak trend in global markets

Silver falls by 0.7% as speculators trim positions

Offloading of positions by speculators amid a weak trend in global markets mainly put pressure on prices

Crude palm oil down by 0.3% on low demand

Speculators reduced positions due to sluggish demand in the spot market against adequate stocks position

Cardamom down by 4% on profit booking

Speculators booked profits at existing higher levels amid low demand in the spot market

Aluminium gains by 0.4% on global cues

Speculators enlarged positions amid positive cues from global markets

Copper rises by 0.8% on global cues

Speculators created fresh positions on firm global cues

Crude oil falls by 0.6% on weak Asian cues

Speculators reduced positions on profit-taking amid a weakening trend in Asian trade

Tough year ahead for tea export

Automobile sector to remain steel's fastest growing demand point

Unorganised players raise milk prices by 5%

Unorganised sector producers (tabelawallas) have raised milk sale prices by Rs 2 a litre, to Rs 57, to pass animal feed price rises on to consumers

Gold jumps on global cues

Buyers await clear signal from the government about PAN requirement on over Rs 1,00,000 cash sales

Turmeric gains over 2% on strong demand

Speculators build fresh position as limited supplies from producing belts support uptrend

Jeera futures surge 3.80% on spot demand

Also, the spice for delivery in Apirl contracts shot up by Rs 545, or 3.71 per cent to Rs 15,250 per quintal in 12,558 lots

Cardamom gains by 0.9% on rising spot demand

Speculators built up huge positions, supported by rising domestic as well as exports demand in the spot market

Crude palm oil climbs by 1.9% on global cues

Strong demand in the spot market also fuelled the uptrend

Sugar gains by 1.3% on rising spot demand

Speculators enlarged positions amid rising demand from bulk consumers in the spot market

Mentha oil trades higher by 0.7% on rising demand

Speculators enlarged positions amid pick-up in demand at spot markets

Chana rises by 2.6% on rising demand

Speculators enlarged their positions, tracking a firm trend at spot market on pick up in demand in the spot market

Nickel moves up by 0.8% on spot demand

Speculators enlarged their positions driven by rising demand from alloy-makers in the spot market

Lead gains by 0.6% on spot demand

Speculators enlarged positions mostly on the back of rising domestic spot demand from battery-makers