Page 620 - Commodity News
Major cotton producers rush to support falling prices
The governments of India, China and Pakistan are intervening to prop up prices by way of subsidies or by buying cotton
 "Major cotton producers rush to support falling prices")
Tea Association frets over production cost, price realisations
Competition from Kenya has caused a glut in the market due to which market price of tea is not rising in sync with cost of production
 "Tea Association frets over production cost, price realisations")
Chana slides 0.38% on adequate supply
Speculators trim positions as demand in spot market remains sluggish
 "Chana slides 0.38% on adequate supply")
Refined soya oil remains weak on low demand
November, December contracts sheds 0.3% each as traders pare positions
 "Refined soya oil remains weak on low demand")
Jeera extends gains, up 1.72% on rising demand
Speculators enlarge positions as tight supplies fuel uptrend
 "Jeera extends gains, up 1.72% on rising demand")
Crude oil down on weak Asian cues
Speculators trimmed positions in tandem with a weak trend in Asian trade
 "Crude oil down on weak Asian cues")
Crude palm oil extend losses, sheds 0.1%
Speculators trimmed positions amidst weak demand in the spot market
 "Crude palm oil extend losses, sheds 0.1%")
Cardamom falls by 0.4% on profit-booking
Speculators indulged in booking-profit amid decline in demand
 "Cardamom falls by 0.4% on profit-booking")
Zinc down by 0.2% on subdued demand
Speculators reduced positions amidst sluggish domestic demand and weak global trend
 "Zinc down by 0.2% on subdued demand")
Lead down by 0.2% on global trend
Subdued demand from battery-makers in the domestic spot market also affected prices
 "Lead down by 0.2% on global trend")
Mentha oil gains by 0.2% on spot demand
Speculators indulged in creating fresh positions, supported by pick up in demand
 "Mentha oil gains by 0.2% on spot demand")
Nickel down by 0.5% on global trends
Weak demand from alloy-makers also affected prices
 "Nickel down by 0.5% on global trends")
Copper falls by 0.3% on weak global cues
Besides, subdued demand at domestic spot markets weighed on the prices
 "Copper falls by 0.3% on weak global cues")
'Modi effect' aids surge in gold import
October bill for yellow metal up 280% y-o-y to $4.2 bn, silver inflow soars in line
 "'Modi effect' aids surge in gold import")
India's coffee grower set to cash in on boom in global prices
The domestic production is set to be highest ever in the range of 340,000 tonnes
 "India's coffee grower set to cash in on boom in global prices")
 "Sugar crisis will deepen further without exports")
Govt's rice procurement down 5%
Last year, kharif rice procurement was 26.6 million tonnes against a target of 32.06 million tonnes
 "Govt's rice procurement down 5%")
Gold imports jump 280% in October
Silver imports have also shot up 136% to $686 million
Guargum up 1.3% on export demand
Tight supplies from growing regions support uptrend
 "Guargum up 1.3% on export demand")
Turmeric up 0.63% on spot demand
Traders create fresh positions on higher offtake in domestic and export markets
 "Turmeric up 0.63% on spot demand")