Page 635 - Commodity News
Gold ETF trading sees an uptick on Dhanteras
Gold ETFs recorded a turnover of Rs 65 crore, up from Rs 33 crore during last year
 "Gold ETF trading sees an uptick on Dhanteras")
Dhanteras sales jump 20% over lower gold, silver prices
Average gold prices that were around Rs 32,500 per 10 grams last Diwali, were hovering at Rs 27,500 this year
 "Dhanteras sales jump 20% over lower gold, silver prices")
Nafed balks at potato import order
Chief says govt should first clear past dues on similar orders for Rs 400 cr
 "Nafed balks at potato import order")
Agri commodities' price to decline by 5% on diesel price cut
The Centre decided to decontrol diesel leading to a Rs 3.37 a litre price cut
 "Agri commodities' price to decline by 5% on diesel price cut")
Potato prices to stay firm for a while
New crop arrivals are expected from Punjab and West Bengal
Gold glitters on Dhanteras buying, global cues
Adds Rs 150 to Rs 27,925 per 10 grams in NCR; Silver shines on higher offtake from industrial units and coin makers
 "Gold glitters on Dhanteras buying, global cues")
Refined soya oil up 0.8% on spot demand
Oil for delivery in December edged higher by 0.49%
 "Refined soya oil up 0.8% on spot demand")
Mentha oil up 0.3% on rising demand
Oil for delivery in October gained 0.31%
 "Mentha oil up 0.3% on rising demand")
Nickel down 0.1% on global cues
Metal for delivery in October traded lower by 0.04%
 "Nickel down 0.1% on global cues")
Palm oil up 0.6% on spot demand
Oil for delivery in November traded higher by 0.57%
 "Palm oil up 0.6% on spot demand")
Cardamom up 2% on rising demand
Spice for delivery in December gained 0.59%
 "Cardamom up 2% on rising demand")
Lead gain 0.2% on global cues
Rising domestic spot demand from battery-makers also supported the upside
 "Lead gain 0.2% on global cues")
Zinc up by 0.1% on spot demand
Speculators enlarged positions amid a firm global trend and better domestic demand
 "Zinc up by 0.1% on spot demand")
Gold futures up 0.3% on firm global cues
Speculators enlarged positions after the metal gained in global markets
Oil prices up on China industrial output data
Chinese industrial production rose 8.0% year-on-year in September
 "Oil prices up on China industrial output data")
RBI, FMC to discuss entry of foreign, domestic institutions in commodity futures
The Reserve Bank of India (RBI) and the Forward Markets Commission are meeting next week to consider the proposal
 "RBI, FMC to discuss entry of foreign, domestic institutions in commodity futures")
Kalyan Jewellers raises Rs 1,200 cr from Warburg Pincus
Company is said to have diluted around 10-12% stake to the PE firm
 "Kalyan Jewellers raises Rs 1,200 cr from Warburg Pincus")
Pulse prices move up on lower kharif output estimates
Lower kharif production estimates fuel the rise; fall in global output also likely to keep prices up
 "Pulse prices move up on lower kharif output estimates")
Restructuring should precede PSU disinvestment
The disinvestment target of the government for 2013-14 is Rs 58,000 cr
 "Restructuring should precede PSU disinvestment")