Page 560 - Commodity News

Govt hikes import tariff on gold, silver

During the last fortnight of March, the tariff value on imported gold was $375 per 10 grams and on silver at $512 per kg

Gold shipments into Gujarat register highest rise in last four years: GSECL

The official added that rise in import of gold is a sign that the economy is recovering slowly

Gold up 0.2% on global cues

Metal for delivery in April contracts edged up by 0.12%

Beef ban: Mutton, buffalo meat prices may rise in Delhi, Haryana

West Bengal exports 200,000-300,000 tonnes of beef every month to Singapore, Thailand and Malaysia

Mentha oil rises by 1.6% on rising demand

Traders created fresh positions, driven by pick up in demand from consuming industries

Crude palm oil rises by 0.5% as demand picks up

Speculators indulged in creating fresh positions supported by pick up in demand in the spot market

Cardamom rises by 1.4% on spot demand

Speculators indulged in enlarging positions amid restricted arrivals

Oil prices fall in Asian trade

Russia and Iran's foreign ministers claimed a breakthrough in talks over Tehran's controversial nuclear programme, which affected prices

Mango exports to decline 25% this year

30-40% crop damage to reduce availability, prices to remain firm

2014-15: An exceptionally bad year for commodities

India's cotton output to decline marginally on delayed sowing, low yield

Data compiled estimates total cotton output at 39 mn bales this season ending September 2015 as against 39.8 million bales reported last year

Oil drops to $55 as Iran nuclear talks intensify

Russian Foreign Minister Sergei Lavrov told reporters in Moscow he believed the talks had a good chance of success

Mentha oil gains by 1.4% on high demand

Traders created fresh positions amid pick-up in demand from consuming industries

Cardamom drops by 1.5% on profit-booking

Speculators booked profits at prevailing levels amid subdued spot demand

Copper falls by 0.1% on global cues

Speculators trimmed positions amid weak global cues

Nickel falls by 0.1% due to record stockpiles

Speculators reduced positions on weak cues from global markets amid sluggish demand from alloy-makers in domestic spot market

Lead fell by 0.2% on weak global cues

Speculators reduced positions amid weak global cues and subdued domestic demand

Crude oil futures rise 0.41% on global cues

The oil for delivery in April moved up by Rs 10, or 0.33%, to Rs 3,027 per barrel

Gold futures drop 0.30% on weak overseas trend

Market analysts said a weak trend in the overseas markets mainly weighed on gold prices at futures trade

Why are cane growers angry with the govt and not factories?

What has got farmers seething in anger is the government's indifference to rapidly growing arrears in cane payment by factories