Page 654 - Commodity News
Lead down by 0.5% on subdued demand
A weak trend overseas also affected prices
 "Lead down by 0.5% on subdued demand")
Zinc down by 0.9% on subdued demand
Weak global cues also affected prices
 "Zinc down by 0.9% on subdued demand")
Copper fall by 0.6% on weak global cues
Subdued spot demand also affected prices
 "Copper fall by 0.6% on weak global cues")
Nickel down by 0.9% on global trends
Weak demand from alloy-makers also affected prices
 "Nickel down by 0.9% on global trends")
Adverse weather conditions drag down tea prices
Prices fall 3.6% to Rs 124 a kg during the first six months of 2014
 "Adverse weather conditions drag down tea prices")
 "Brent crude oil falls below $100 for first time in 14 months")
Rains to adversely affect cotton output in Punjab and Haryana
The rain will also affect the quality of the crop as it damaged the cotton flower, leading to a loss in yield
 "Rains to adversely affect cotton output in Punjab and Haryana")
Wary Coffee Board postpones revised output forecast
The coffee-growing regions witnessed for the second consecutive year a drought initially followed by incidences of WSB pest and heavy spell of monsoon rains
 "Wary Coffee Board postpones revised output forecast")
Prices of non-ferrous metals likely to remain range bound: ICRA
Says movement of the Indian currency against the US dollar will also have a critical impact on domestic prices going forward
Gold futures rise 0.27% on global cues
Traders enlarge positions as metal gains 0.2%b in Singapore
 "Gold futures rise 0.27% on global cues")
Sugar down 0.6% on ample supply
Commodity for delivery in September traded lower by 0.56%
 "Sugar down 0.6% on ample supply")
Silver up 0.6% on overseas cues
Analysts said a firming trend in bullion prices in overseas markets mainly influenced the prices
 "Silver up 0.6% on overseas cues")
Refined soya oil up 1% on strong demand
Oil for delivery in September edged higher by 0.52%
 "Refined soya oil up 1% on strong demand")
Lead loses 0.30% on weak demand
Speculators trimmed positions due to subdued demand from battery-makers
Mentha oil down 0.19% on sluggish demand
Traders pare positions on lower offtake from consuming industries
 "Mentha oil down 0.19% on sluggish demand")
Copper gains marginally on global cues
Adds 0.05% as traders enlarge positions
Crude palm oil rises 1.12% on higher demand
Tight stock position in physical market on lower arrivals from producing regions support upside
 "Crude palm oil rises 1.12% on higher demand")
Cardamom fall 0.8% on profit-booking
Speculators locked in gains at higher levels amid lower demand in spot market
 "Cardamom fall 0.8% on profit-booking")
Oil prices down after weak US jobs report
The data supported the view that the world's biggest economy is still struggling to pick up speed, and that wages remain very flat
 "Oil prices down after weak US jobs report")