Page 625 - Commodity News
Gujarat winter sowing likely to decline by 30%
Prolonged hot weather, water shortage in Saurashtra, Kutch may bring down sowing figure
 "Gujarat winter sowing likely to decline by 30%")
 "Brent climbs towards $84 on Ukraine tensions")
Lead up 0.56% on pick up in demand, global cues
Traders build positions as base metals firm up on hopes of improved demand in China and US
 "Lead up 0.56% on pick up in demand, global cues")
Zinc up 0.58% on overseas cues, spot demand
Speculators enlarge positions as base metals firm up on improved demand prospects in China
 "Zinc up 0.58% on overseas cues, spot demand")
Copper gains 0.34% on spot demand, global cues
Speculators enlarge positions on higher offtake from consuming industries
Nickel up 0.64% on rising spot demand
Speculators enlatrge positons on higher offtake from alloy makers
 "Nickel up 0.64% on rising spot demand")
Cardamom down 2.99% on low demand, higher supply
Speculators reduce positions as stocks pile up on higher arrivals from growing areas
 "Cardamom down 2.99% on low demand, higher supply")
Crude palm oil softens 0.36% on profit-booking
Speculators book profits as stocks pile up in the physical market
 "Crude palm oil softens 0.36% on profit-booking")
Mentha oil declines 0.63% on sluggish spot demand
Traders trim positions as higher arrivals from Chandausi fuel downtrend
 "Mentha oil declines 0.63% on sluggish spot demand")
Gold dips after rallying on US jobs data
Spot gold fell as much as 0.9% to $1,168.10 before recovering slightly to trade down about $8 at $1,170.67 by 0045 GMT
 "Gold dips after rallying on US jobs data")
Silver demand coming back, say experts
Gold to silver price ratio at a 5-year high shows preference for the white metal; some, in fact, predict a surge in coming years
 "Silver demand coming back, say experts")
 "Urea imports decline by 36% to 32.26 lakh tonnes in Apr-Oct")
Anakapalle market likely to see lower jaggery arrivals
About 82 per cent of the sugarcane crop was affected by cyclone Hudhud
 "Anakapalle market likely to see lower jaggery arrivals")
Himachal apple farmers worry as Nepalese workers fly to the Persian Gulf
For over half a century Nepalese in large numbers have been coming to Himachal Pradesh's scenic mountains to work as labourers at the apple orchards
 "Himachal apple farmers worry as Nepalese workers fly to the Persian Gulf")
Gold jewellery, coins exports jump 22% in Apr-Sept
Under 80:20 scheme, the RBI had allowed nominated agencies to import gold on condition that 20% of import would be exported
 "Gold jewellery, coins exports jump 22% in Apr-Sept")
Gold moves up on heavy consumer buying
Gold prices jump by 2% in a day driven by improved consumer sentiment ahead of the wedding season
 "Gold moves up on heavy consumer buying")
Agri-commodities show early signs of price rebound
Wholesale prices of edible oils have risen 40% since Oct 15; pulses and wheat have surged 4.62% and 8.33%, respectively
 "Agri-commodities show early signs of price rebound")
 "Why oil prices may climb up again")
Sugar down 0.5% on ample supply
Commodity for delivery in December contract traded lower by 0.33%
 "Sugar down 0.5% on ample supply")
Lead down 0.3% on sluggish spot demand
Metal for delivery in November shed 0.2%