Page 562 - Commodity News
Mentha oil falls by 1.1% on profit-booking
Sluggish domestic demand at the spot market also affected prices
 "Mentha oil falls by 1.1% on profit-booking")
Lead gains by 0.6% on spot demand
The metal's gain in overseas market also influenced prices
 "Lead gains by 0.6% on spot demand")
Chana down by 0.2% on low spot demand
Speculators trimmed position amid sluggish demand in spot market
 "Chana down by 0.2% on low spot demand")
Aluminium up by 0.5% on pick-up in demand
Speculators enlarged positions amid pick-up in demand at spot markets
 "Aluminium up by 0.5% on pick-up in demand")
Cardamom down by 1.8% on profit-booking
Speculators booked profits at prevailing levels amidst fall in demand in the spot market against adequate stocks position
 "Cardamom down by 1.8% on profit-booking")
Crude palm oil rises by 0.6% on spot demand
Speculators created fresh positions due to pick-up in demand in the spot market
 "Crude palm oil rises by 0.6% on spot demand")
Zinc rises by 0.5% on global cues
Speculators enlarged positions amid a firm global trend and better domestic demand
 "Zinc rises by 0.5% on global cues")
Nickel futures up 0.8% on global cues
Rising demand at domestic spot markets also supported the upside
 "Nickel futures up 0.8% on global cues")
Gold futures rise by 0.4% on global cues
Participants engaged in enlarging positions on a firming trend overseas
 "Gold futures rise by 0.4% on global cues")
Silver futures gain by 0.5% on global cues
Participants enlarged positions amid a firming trend in the precious metals overseas
 "Silver futures gain by 0.5% on global cues")
Crude oil futures jump by 3.9% on global cues
Speculators created fresh positions amidst a firming trend in Asian markets
 "Crude oil futures jump by 3.9% on global cues")
Onion dehydration industry faces grim scenario as prices rise
Prices of onions are around Rs 12-17/kg now, much above the Rs 7/kg that the industry can afford
 "Onion dehydration industry faces grim scenario as prices rise")
India's exports first buffalo meat consignment to Russia after agency approval
India's export of buffalo meat was $4.35 bn (Rs 26,458 crore) in 2013-14, at 1.45 mt
 "India's exports first buffalo meat consignment to Russia after agency approval")
Oil extends rise in Asian on Yemen crisis
Yemen has been gripped by growing turmoil since the Shiite rebels launched a power takeover in Sanaa in February
 "Oil extends rise in Asian on Yemen crisis")
Appetite for gold back, import at 4-year high
Import in FY15 estimated at 945 tonnes, resembling to pre import control days
 "Appetite for gold back, import at 4-year high")
Spinning mills worried as cotton prices rise
Price of J 34 cotton rose Rs 1,200-1,400 a candy (356 kg) to Rs 33,830 a candy today
 "Spinning mills worried as cotton prices rise")
Hailstorm takes a toll on mustard economy
Seed arrivals a trickle in peak season
 "Hailstorm takes a toll on mustard economy")
 "Potato prices firm on fresh loading in cold storages")
 "Oil rises a fourth day as dollar weakness counters supply gains")
Brent crude oil pares gains on record high US inventory
Brent crude oil was up 34 cents at $55.45 a barrel by 1453 GMT, but that was well off an earlier high of $56.25
 "Brent crude oil pares gains on record high US inventory")