Page 604 - Commodity News
Cardamom up 1.6% on rising demand
Market analysts said speculators enlarged positions, tracking a firm trend at spot market mainly kept cardamom prices higher
 "Cardamom up 1.6% on rising demand")
Palm oil up 3.6% on strong demand
Oil for delivery in December contract gained 3.22%
 "Palm oil up 3.6% on strong demand")
Crude oil futures up 1.4% on Asian cues
Speculators create positions amid a firm trend in Asia
 "Crude oil futures up 1.4% on Asian cues")
Russia may be open to import of dairy products from India soon
The Western sanctions have been biting hard on the import of dairy products in Russia
 "Russia may be open to import of dairy products from India soon")
Bird flu scare takes toll on poultry industry
Peak season prices for poultry products go down by 10-15% across the country
 "Bird flu scare takes toll on poultry industry")
 "Russia stops grain export")
 "US crude stocks jump to seasonal record")
 "Iron ore price falls to 5-year low, miners cut 140-mt new capacity")
 "Gold assets in biggest bullion ETF tumble most since 2013")
FMC asks commexes to issue electronic contract notes
The commodities market regulator says there will be no evening trading on some holidays
 "FMC asks commexes to issue electronic contract notes")
MCX bets big on mini-crude oil contracts
FMC has received 30 requests for such contracts
 "MCX bets big on mini-crude oil contracts")
Govt to introduce alfa-numeric code for jewellery soon
Industry protests, says govt should continue with BIS hallmark
 "Govt to introduce alfa-numeric code for jewellery soon")
Mentha oil down 0.5% on low demand
Oil for delivery in January next year traded lower by 0.40%
 "Mentha oil down 0.5% on low demand")
Palm oil up 0.8% on global cues
Oil for delivery in January next year edged up by 0.58%
Zinc futures rise 0.18% on overseas cues, spot demand
Metal for delivery in January 2015 also rose by 0.15%
 "Zinc futures rise 0.18% on overseas cues, spot demand")
Aluminium up 0.3% on global cues, spot demand
Metal for delivery in January 2015 rose by 0.13%
 "Aluminium up 0.3% on global cues, spot demand")
Nickel up 0.7% on global cues, spot demand
Rising demand from alloy-makers in the spot markets supported the upside
 "Nickel up 0.7% on global cues, spot demand")
Rabi potato production expected to go up
Last year, low domestic and global production had led to retail prices rising to Rs 40 a kg
 "Rabi potato production expected to go up")
Synthetic yarn makers face loss amid falling crude oil prices
Adding to their woes is the sluggish demand among mills
 "Synthetic yarn makers face loss amid falling crude oil prices")
Coffee exporters want rupee-rouble route for exports to Russia
For Indian coffee exporters, the Russian market is the third-largest destination, after Italy and Germany
 "Coffee exporters want rupee-rouble route for exports to Russia")