Page 626 - Commodity News
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%
 "Lead down 0.3% on sluggish spot demand")
Crude oil down 0.7% on Asian cues
Oil for delivery in December shed 0.64%
 "Crude oil down 0.7% on Asian cues")
Soyabean up 1.9% on global cues
Most-active December contracts spurted by 1.85%
 "Soyabean up 1.9% on global cues")
Refined soya oil up 0.4% on rising demand
Oil for delivery in November edged higher by 0.26%
 "Refined soya oil up 0.4% on rising demand")
Palm oil up 0.5% on pick-up in demand
Oil for delivery in December edged up by 0.35%
 "Palm oil up 0.5% on pick-up in demand")
Cardamom down 3.9% on profit-booking
Market analysts said profit-booking by speculators at existing higher levels and easing demand led to the fall
 "Cardamom down 3.9% on profit-booking")
Mentha oil up 0.9% on rising demand
Tight supplies in the physical market on restricted arrivals from Chandausi in Uttar Pradesh supported the upside
 "Mentha oil up 0.9% on rising demand")
Chana up 0.4% on spot demand
Commodity for delivery in November gained 0.41%
 "Chana up 0.4% on spot demand")
Gold down 0.9% on weak global cues
Metal for delivery in February next year declined by 0.93%
 "Gold down 0.9% on weak global cues")
Silver falls 1.35% in futures trade on overseas cues
Traders trim positions as a stronger dollar erodes demand for the metal
 "Silver falls 1.35% in futures trade on overseas cues")
FMC plans tighter warehousing norms for comexes
FMC and Warehouse Regulatory and Development Authority decided to revamp earlier regime for warehouse providers after NSEL fiasco
 "FMC plans tighter warehousing norms for comexes")
Gemfields to enter into mining of stones in India
Gemfields is planning to acquire colour gemstone mines in Odisha and Jharkhand, and participate in exploration of the Kashmir sapphire mines in J&K
 "Gemfields to enter into mining of stones in India")
Gold edges off four-year low as dollar eases
Prices remained rangebound ahead of a European Central Bank meeting later in the day
 "Gold edges off four-year low as dollar eases")