Page 655 - Commodity News

Gold down 0.1% on global cues

Metal for delivery in far-month December traded lower by 0.13%

Silver down 0.1% on overseas cues

The metal lost 0.2% to $19.00 an ounce, the lowest since June 10 in Singapore

Copper up 0.1% on global cues

Analysts attributed the rise in copper futures to a firm global trend

Cardamom up 0.4% as demand picks up

Tight stocks position following less arrivals from producing regions also influenced the prices

Mentha oil up 0.4% on spot demand

Oil for delivery in October edged up by 0.37%

Palm oil up 0.7% on rise in demand

Oil for delivery in September moved up by 0.1%

Lead softens 0.19% on sluggish demand

Traders pare positions on limited offtake from battery makers

Refined soya oil gains 0.34% as demand picks up

Traders create fresh positions as lower arrivals from producing regions support uptrend

Sugar rises 0.23% on spot demand

Traders build positions on higher offtake during festival season, but ample supplies cap gains

Oil prices down in Asia amid volatile trading

Oil prices were 'see-sawing' as dealers tracked simultaneous upside and downside factors

More edible oil import likely in coming season

Area sown under soybean declined by a little over 10% or 1.22 mn ha to 10.9 mn ha as of Aug 21

Mentha oil output to dip 20% on low planting

Decline is due to lower plantings of the aromatic herb in the past two years, due to falling prices

Cotton acreage hits new record

Heavy output set to follow but industry insists there will be no glut and export will hold up

Insurers bet big on agri commodities

The insurance coverage for commodities accounts for less than five per cent of the overall business of the non-life insurance sector

Rubber price spike catches tyre makers on the wrong foot

Zinc up 0.4% on overseas cues, spot demand

Metal for delivery in October also rose by 0.31%

Chana down 0.8% on profit-booking

Commodity for October delivery fell by 0.76%

Aluminium up by 0.2% on global trends

Increased demand at domestic spot markets also influenced prices

Mentha oil rise by 0.6% on rising demand

Speculators enlarged positions driven by rising demand

Cardamom up 0.7% on rising demand

Speculators enlarged positions, tracking a firming trend at spot market