Page 612 - Commodity News

Silver plunges in futures trade on weak global cues

Speculators engaged in reducing positions largely in tune with a weakening trend overseas

Cardamom up by 0.4% on rising demand

Speculators enlarged positions on the back of rising demand in the spot market

Chana gains by 0.7% on spot demand

Speculators created fresh positions, driven by pick up in demand in the spot market

Crude oil fall 0.3% on global cues

Marketmen said the fall in crude oil futures was mostly in tandem with a weakening trend in Asian trade

Gold futures fall on global cues

Speculators offloaded their positions amid a weak global trend

Lead falls by 0.2% on overseas trend

Subdued demand from battery makers in the domestic spot market put pressure on lead prices

Copper down by 0.3% on weak global cues

Speculators trimmed positions amid a weak trend in global markets

Oil down after Saudi Arabia slashes crude price

OPEC's decision at its November 27 meeting in Vienna sent oil prices tumbling to their lowest point in five years

NMDC cuts iron ore prices

Demand for iron ore has come down in line with the fall in steel production

Plastics industry protests against health ministry's order

Says no scientific validity for PET packaging ban, to take effect by March; argues spin-off will be widespread job loss, higher drug prices

Global food prices stable in November

Rise in veg oil and grains offset decline in dairy products

Sugarcane crushing picks up pace as supply grows

Total output stood at 1.78 mt in November, 56% higher compared with corresponding month last year, show data compiled by the ISMA

Investors seek HC judge's recusal from NSEL case

The politics of oil prices: Does OPEC still have a hold over crude prices?

Analysts forecast the fuel at $85 a barrel in 2015 and $90 a barrel in 2016; politics, demand-supply to pressure crude

Gold prices recover on wedding season demand in Delhi

Gold of 99.9% and 99.5% purity up Rs 20 each, silver adds Rs 100 to reclaim Rs 37,000 mark

Sugar edges higher by 0.29% on wedding season demand

However, ample supplies from millers cap the rise

India's platinum demand to rise 25% in 2015

The forecast was made by London-based World Platinum Investment Council

Gold futures fall 0.2% on global cues

Speculators offloaded their positions amid a weak global trend

Cardamom rises by 0.6% on pick-up in demand

Speculators indulged in creating fresh positions amid positive cues from spot market

Zinc gains by 0.7% on overseas cues

Improved demand in the spot market amid a firming trend also helped prices