Page 636 - Commodity News
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")
 "UP sugar crisis defuses as mills ready to go for cane crushing")
Diamond industry calls for notified zone in Surat too
Industry players feel the move to set up notified zone in Mumbai could deter diamond traders' plans to shifting their base to Surat in the wake of a diamond bourse in the Gujarat city from Mumbai
 "Diamond industry calls for notified zone in Surat too")
Gold to sparkle on auspicious Dhanteras
As per Hindu calendar, Dhanteras falls on thirteenth lunar day of Krishna paksha in Kartik month and celebrated just two days before the Diwali
 "Gold to sparkle on auspicious Dhanteras")
Gold firms up on seasonal offtake amid global buoyancy
Silver recovered sharply owing to robust demand from consuming industries
 "Gold firms up on seasonal offtake amid global buoyancy")
Mentha oil up 0.3% on rising demand
Oil for delivery in October edged up by 0.15%
 "Mentha oil up 0.3% on rising demand")
Palm oil down 0.6% on sluggish demand
Oil for delivery in October traded lower by 0.58%
 "Palm oil down 0.6% on sluggish demand")
Chana down 0.9% on higher supply
Commodity for delivery in November traded lower by 0.76%
 "Chana down 0.9% on higher supply")
Cardamom up 1.1% on firm spot demand
Spice for delivery in November moved up by 0.86%
 "Cardamom up 1.1% on firm spot demand")
Refined soya oil down 0.3% on low demand
Oil for delivery in October weakened by 0.03%
 "Refined soya oil down 0.3% on low demand")
Gold futures down 0.1% on weak global cues
Participants offloaded partial positions amid weak cues from the global market
 "Gold futures down 0.1% on weak global cues")
Silver futures up 0.2% on global cues
A recovery in the global market mainly influenced silver prices
 "Silver futures up 0.2% on global cues")
Zinc down by 0.2% on global cues
Participants reduced positions amid weakness in copper and other base metals
 "Zinc down by 0.2% on global cues")
Copper falls by 0.3% on global cues
Speculators reduced their positions amid weak overseas cues and subdued domestic demand
 "Copper falls by 0.3% on global cues")
Oil prices extend gains in Asia
Prices were lifted by a surge in equities following last week's sharp gains on Wall Street
 "Oil prices extend gains in Asia")
Gujarat eyes 90% modernisation of ginning units
According to a senior state government official, there are currently around 1200 ginning and pressing units in Gujarat
Copper smelting units negotiate higher conversion charges
Global move will benefit Hindalco and Sterlite
 "Copper smelting units negotiate higher conversion charges")
US finally open for Indian lychees but hurdles remain
Lack of infra, such as fumigation and testing laboratories, a major hurdle
 "US finally open for Indian lychees but hurdles remain")