Page 617 - Commodity News
Japan comes calling on mango import
Japan currently ranks 51st in India's mango export, way behind much smaller countries such as Mali, Zambia, Poland and Portugal, slipping from 19th rank in 2011-12
 "Japan comes calling on mango import")
Mentha oil declines by 0.3% on weak demand
Besides a weak demand, higher supplies mainly influenced prices
 "Mentha oil declines by 0.3% on weak demand")
Crude palm oil down by 0.5% on profit-booking
Speculators booked profits at prevailing levels amid subdued spot demand
 "Crude palm oil down by 0.5% on profit-booking")
Nickel rises by 0.8% on domestic demand
Participants enlarged speculative positions amid a firming trend in base metals
 "Nickel rises by 0.8% on domestic demand")
Lead up 0.6% on firm spot demand
A firming trend in the metal at the LME also helped prices
 "Lead up 0.6% on firm spot demand")
Cardamom falls by 1% on subdued demand
Besides, profit-booking by speculators dampened the sentiment
 "Cardamom falls by 1% on subdued demand")
Zinc up by 0.3% on spot demand
Speculators enlarged positions amid a firm global trend and better domestic demand
 "Zinc up by 0.3% on spot demand")
Crude oil up by 0.5% on mixed overseas cues
Speculators created positions amid a mixed trend in Asian markets
 "Crude oil up by 0.5% on mixed overseas cues")
Copper up by 0.3% on global cues
Speculators created fresh positions on firm global cues
 "Copper up by 0.3% on global cues")
Silver futures up 0.3% on fresh positions
Investors created fresh positions, ignoring the metal's weakness overseas
 "Silver futures up 0.3% on fresh positions")
Gold futures up on short-covering
Participants covered-up their short positions even as the metal dropped from three-week high in global markets
 "Gold futures up on short-covering")
Japan comes calling on mango import from India
Details of VHT facilities have been sought, to appoint a supervisor for inspection
 "Japan comes calling on mango import from India")
Oil prices mixed ahead of key OPEC meeting
OPEC members are under pressure to address falling prices, which have sunk 30% since June
 "Oil prices mixed ahead of key OPEC meeting")
Gold edges up on improved demand amid overseas support
Standard gold adds Rs 30 to end at Rs 26,405 per 10 grams, silver adds Rs 200 to Rs 37,160 per kg
 "Gold edges up on improved demand amid overseas support")
Thailand, Indonesia, Malaysia plan rubber exchange
The exchange will be operational in 18 months
 "Thailand, Indonesia, Malaysia plan rubber exchange")
Operating capacity of stainless steel mills slumps 55% on huge Chinese imports
The capacity stood at 70% over a year ago, industry seeks anti dumping duty on China
 "Operating capacity of stainless steel mills slumps 55% on huge Chinese imports")
Mentha oil down by 0.4% on profit-booking
Speculators booked profits at prevailing higher levels amid sluggish demand in spot markets
Crude palm oil weakens by 0.2% on low demand
Speculators trimmed position amid low demand in the spot market
Cardamom falls by 0.4% on profit-booking
Speculators booked profits at prevailing higher levels amid sluggish demand in spot markets
Silver futures move up on global cues
Speculators created fresh positions amid higher global trend