Page 570 - Commodity News

Copper gains by 0.3% on positive overseas cues

Rising demand in the spot markets also influenced prices

Chana falls by 0.2% on subdued spot demand

Concerns over lesser output due to lower sowing acreage restricted the losses

Aluminium rises by 0.2% on global cues

Speculators enlarged exposures on pick up in spot demand and a firming trend in base metals overseas

Lead futures rise on spot demand

Positive cues from global markets also influenced prices

Crude palm oil rise by 0.6% on spot demand

Speculators engaged in creating positions amid positive cues from spot market on improved demand

Mentha oil up by 0.1% on rising demand

Speculators enlarged positions on the back of rising demand from consuming industries

Centre expects record wheat output this year

Second advanced estimate had pegged India's total wheat production in 2015-16 at 96.76 million tonnes

First buffalo meat exports to Russia to start in 6-8 weeks

Russia's phytosanitary service has sent an inspector to India to inspect and clear consignments

Silver marks record imports in 2014

Lower investment requirement, thanks to falling prices, and shifting trend towards jewellery

Basmati rice exports to Iran likely to resume soon

Iran had stopped issuing import permits since October 2014

Brent oil falls to $57 on strong dollar and supply

According to a Reuters survey, US crude stocks are set to extend their record build for a ninth week

Raw cashew nut prices hit all-time high by crossing Rs 100 per kg mark

Short supply from West African countries, delay in domestic crop harvesting push up prices

Mentha oil up 0.2% as demand picks up

Oil for delivery in March contracts traded higher by 0.23%

Palm oil down 0.5% on profit-booking

Oil for delivery in March contracts traded lower by 0.44%

Consultative meet on sorghum export, products to be held

Over 100 participants including exporters, R&D experts, govt officials and representatives from sorghum industry will attend

Nickel down by 0.8% on weak overseas cues

Besides, subdued demand from alloy-makers at domestic spot markets put pressure on metal prices

Copper falls by 0.6% on weak global cues

Speculators offloaded their positions on weak cues from global markets

Zinc falls by 0.4% on global cues

Speculators trimmed positions after metals weakened at the London Metal Exchange (LME)

Lead down by 0.3% as speculators trim position

Speculators indulged in reducing exposures at prevailing levels, tracking weakness in base metals overseas

Cardamom declined by 0.8% on sluggish spot demand

Speculators offloaded positions on the back of subdued demand in the spot market