Page 581 - Commodity News

Mangoes to turn sour for common man

Karnataka has 170,808 hectares of land under mango cultivation in total

Surat diamantaires turn to 3D photography for better exports

In fact, according to Surat-based diamantaires, the technology is helping them to save at least 15-20% of costs as well as reach out to more number of international buyers

Gold recovers on wedding season demand, global cues

Yellow metal adds Rs 70 to trade at Rs 27,700 per 10 grams, Silver up Rs 200 to Rs 38,900 a kg

Rubber industry counters import duty proposal

'The real worry is that NR consumption has picked up just 3.8% during the first 10 months

Jeera, turmeric hit upper circuit on export demand and lower output estimate

Cumin seed March delivery jumped 3.97% or Rs 565 to trade at Rs 14,795 a quintal, far-month contracts also moved in similar range

Cardamom down 0.7% on profit-booking

Spice for delivery in March contracts traded lower by 0.46%

Refined soya oil futures remain higher on rising demand

Oil for delivery in April contracts edged up by 0.36%

Castorseed down 2% in futures trade

March month contracts slipped by 1.96%

Guargum up 1.8% on firm spot demand

Marketmen said fresh positions built up by speculators, driven by rising demand at domestic spot market, influenced the prices

Aluminium slides 0.13% on weak spot demand

Weakness in select base metals in London sustains downtrend

Mentha oil remains weak, sheds 0.65% on subdued demand

Traders pare positions on lower offtake from consuming industries

Silver adds 0.2% in futures trade on global cues

Traders enlarge positions as metal edges up in Singapore

Chana adds 0.94% on improved spot demand

Speculators enlarge positions as tight supplies from producing belts fuel uptrend

Crude palm oil rises 0.41% as demand picks up

Traders build positions as restricted supplies from producing belts support uptrend

Lead sheds 0.22% on sluggish demand, overseas cues

Both Feb and March contracts down on low offtake from battery makers

Copper sheds 0.17% on weak global cues

Traders offload positions, as subdued demand at home sustains downtrend

Nickel up 0.34% on positive global cues, spot demand

Traders build positions on higher offtake from alloy makers

Yellow peas price to move up 10% by March

Price has jumped over 20% in last two months after touching abnormally low level of Rs 1,900 a quintal in December

Organic cotton textile park in Maharashtra

Increasing use of Bt cotton has reduced cultivation of organic cotton, which is considered eco-friendly

Oil tops $60 for first time in 2015

Since January, mounting signs of lower industry spending have helped prices rally by more than 30%