Page 611 - Commodity News

Nickel down by 0.3% on overseas cues

Speculators off-loaded their positions, tracking a weak trend in base metals overseas

Lead down by 0.2% on global cues

Subdued domestic demand also affected prices

Crude oil down by 1.2% on weak Asian cues

Speculators engaged in reducing their exposures amid a weakening trend in Asian trade

Odisha traders to stop import of pulses, wheat products from tomorrow

Demand waiver of five pc VAT on these food items

Oil drops $2 to 5-year low on oversupply

Brent falls more than $2 to lowest since October 2009

The Bokaro way of avoiding ageing of steel mills

Not much change likely in Indian gold demand

With price fall likely to continue in 2015, fall in investment demand would offset rise in purchase of jewellery, ensuring only moderate overall rise

Potato softens on new season crop arrivals, except in south

Prices have declined by up to 57% in the past one month, after several months at an elevated level

Mentha oil production down 30% on lower acreage

Output this year has been pegged 40,000 tonnes; acreage likelt to fall by 20% to 17,500 hectares due to large carry-over stock

Karnataka cane farmers to file contempt case against mills

Miffed over delay in payment of cane arrears for 2013-14 amounting to Rs 1,803 crore

Chana climbs by 1.4% on upsurge in spot demand

Analysts said speculators enlarged positions on the back of rising demand in spot markets

Crude palm oil rises by 0.6% on good demand

Tight supplies from producing regions also influenced prices

Mentha oil declines by 1.9% on sluggish spot demand

Adequate stocks in spot markets on increased arrivals from Chandausi in Uttar Pradesh put pressure on mentha oil prices

Cardamom surges by 2.4% on spot demand

Speculators created fresh positions driven by strong demand in spot markets

Copper gains by 0.3% on overseas trend

Rising demand from consuming industries at domestic spot markets supported the upside

Oilmeal exports down 45% on poor overseas demand

Shipments down to 1.42 mn tonnes during Apr-Nov, from 2.6 mn tonnes a year ago

Crude oil poised to extend drop after hitting 5-year low

Gold prices plunge by Rs 195 on weak global cues

Slackened demand from jewellers and retailers at current levels also kept pressure on prices of the precious metal

Extra margin on castor seed futures justified: NCDEX

Crude palm oil remains weak on low demand

Sheds 0.21% in futures trade as speculators offload on higher supplies from producing belts