Page 632 - Commodity News
 "Brent falls towards $85")
Castorseed up 1.7% on firm spot cue
Most active second contract December month too followed suit hardening by 1.65%
 "Castorseed up 1.7% on firm spot cue")
Soyabean up over 3% on global cue
Commodity for delivery in December also edged up by 2.89%
 "Soyabean up over 3% on global cue")
Palm oil up 0.6% on spot demand
Oil for delivery in October moved up by 0.45%
 "Palm oil up 0.6% on spot demand")
Refined soya oil up 0.5%
Oil for delivery in November traded higher by 0.39%
 "Refined soya oil up 0.5%")
Chana up by 0.1% on spot demand
Speculators indulged in creating positions amidst improved demand
 "Chana up by 0.1% on spot demand")
Mentha oil rises by 0.2% as demand picks up
Speculators indulged in creating fresh positions after pick up in demand
 "Mentha oil rises by 0.2% as demand picks up")
Cardamom extend losses, down 1.8% on ample stocks
Speculators reduced their positions amid ample stocks position on increased arrivals from producing belts
 "Cardamom extend losses, down 1.8% on ample stocks")
Oil extends losses over weak price outlook
Goldman Sachs slashed its price forecasts for the next two years owing to a global supply glut
 "Oil extends losses over weak price outlook")
Govt considers raising import taxes on vegetable oils
May raise duties on both crude and refined vegetable oils by more than 5%
 "Govt considers raising import taxes on vegetable oils")
India Inc see raw material costs beginning to fall
Coming quarters will see further fall in raw material costs
 "India Inc see raw material costs beginning to fall")
Govt now considering board changes in FTIL
To also look into compensation process for NSEL investors
 "Govt now considering board changes in FTIL")
 "Aluminium utensils industry feels the heat of competition")
Govt to consider raw sugar export incentive after Oct 29
On Wednesday, leading cane growing states will forecast their sugar output for the new season beginning October
 "Govt to consider raw sugar export incentive after Oct 29")
Lead up by 0.1% on spot demand
Rising demand from battery makers at spot markets, helped prices
 "Lead up by 0.1% on spot demand")
Copper falls by 0.1% on overseas cues
Weak global cues on concern that demand will remain weak in China, affected prices
 "Copper falls by 0.1% on overseas cues")
Mentha oil down 0.57% on profit-booking
Increased arrivals from Chandausi in Uttar Pradesh add to downward pressure on prices
Nickel drops by 0.3% on global cues
Speculators reduced their exposures amid a weak trend overseas
 "Nickel drops by 0.3% on global cues")