Page 630 - Commodity News
Gold down 0.1% on weak global cues, low spot demand
The December delivery moved down by 0.09%
 "Gold down 0.1% on weak global cues, low spot demand")
Gold hits 4-year low on selling pressure following Fed's QE withdrawal
Miners and sovereign countries started hedging, fall to continue in anticipation of US interest rate hike earlier than expected
Crude oil down 0.7% on weak Asian cues
The December delivery moved down by 0.69%
 "Crude oil down 0.7% on weak Asian cues")
Metals down with US Federal Reserve ending QE
All base & precious metals decline, gold slips to 3-wk low
 "Metals down with US Federal Reserve ending QE")
NCDEX reduces rental charges of warehouses
Will be applicable from 1 November
Guar gum exports to decline on lower output estimates
India produces around 80% of the world's guar gum output which used as a thickening and binding agent
 "Guar gum exports to decline on lower output estimates")
Encourage private companies in foodgrain procurement: CII
Has also urged the government to delist fruits and vegetables from APMC
 "Encourage private companies in foodgrain procurement: CII")
Crude oil down 0.6% on Asian cues
Oil for delivery in December shed 0.47%
Cardamom up 1.3% on spot demand
Spice for delivery in November jumped by 1.15%
 "Cardamom up 1.3% on spot demand")
Palm oil down 1.5% on profit-booking
Oil for delivery in October fell by 0.22%
 "Palm oil down 1.5% on profit-booking")
Chana up 1% on strong spot demand
Commodity for delivery in December gained 1.43%
 "Chana up 1% on strong spot demand")
Mentha oil up 1% on spot demand
Oil for delivery in November edged up by 0.95%
 "Mentha oil up 1% on spot demand")
Silver down 0.6% on weak global cues
Metal for delivery in March next year traded lower by 0.57%
 "Silver down 0.6% on weak global cues")
Lead down 0.5% on sluggish spot demand, global cues
Subdued demand, weak trend in base metals influenced lead prices at futures trade
 "Lead down 0.5% on sluggish spot demand, global cues")
Nickel down 0.9% on subdued spot demand
Metal for delivery in November declined by 0.86%
 "Nickel down 0.9% on subdued spot demand")
Copper down 0.4% on weak global cues
Metal for delivery in February traded lower by 0.35%
 "Copper down 0.4% on weak global cues")
Gold near 3-week low after Fed optimism over US economy
The US Federal Reserve ended its bond-buying stimulus programme
 "Gold near 3-week low after Fed optimism over US economy")
Support price for wheat, mustard up by Rs 50/quintal
Wheat and mustard are the main crops grown during the rabi season
 "Support price for wheat, mustard up by Rs 50/quintal")
Gold premiums soar on import restrictions buzz
Premiums had fallen to below $10 per ounce on Tuesday after Diwali holidays, as new gold arrived in the market
 "Gold premiums soar on import restrictions buzz")
Sugar output may rise by 4% to 25.5 mn tonne in 2014-15
India had exported 2.2 mt sugar in the 2013-14 marketing year on account of incentives provided by the Centre on the shipments of raw sugar
 "Sugar output may rise by 4% to 25.5 mn tonne in 2014-15")