Page 662 - Commodity News

Silver down 0.1% on weak demand

In the international market, the metal traded 0.7% lower

Refined soya oil falls 1.52% on sluggish demand

Traders pare positions as inventories pile up

Sugar sheds 0.36% on adequate supply

Traders pare positions on higher arrivals in the spot market

Turmeric down 1.33% on subdued demand

However, late monsoon has pushed back sowing in top growing areas, raising concerns about yields

Nickel sheds 0.13% on profit-booking

Traders exit on subdued offtake from alloy makers

Copper sheds 0.08% on Asian cues, weak demand

Traders pare positions as metal retreats 0.2% in Shanghai

Lead softens 0.11% on global cues, weak demand

Lower offtake from battery makers at home, overall weakness in base metals abroad drive down prices

Cardamom down 1.15% on profit-booking

Traders exit on lower offtake in spot market, pile up of inventories

Chana sheds 0.90% on increased supply

Traders pare positions on higher arrivals from growing areas

Jeera sheds 0.66% on low spot demand

Traders trim positions on lower offtake in spot markets

Crude palm oil plunges over 3.16% on weak spot demand

Traders offload positions on low offtake in spot markets

Mentha oil dips 1.87% on weak demand, adequate supply

Traders pare positions on lower offtake from consuming industries

Gold futures shed 0.21% as traders offload positions

Metal slips to two-month low overseas as a stronger dollar reduces appeal of the bullion

Groundnut exports jump 50% in April-July

Demand from West Asian countries responsible for spurt in export

Steel output grows 1.7% in July

The global steel production during July stood at 136.81 mt

Farmers against bringing onions under Essential Commodities Act

Won't sow next season if Rs 15 MSP not declared and govt does not procure at market driven price, scarcity seen in 2015-16

Brent crude oil below $103

The Organization of the Petroleum Exporting Countries pumped more oil in July despite conflicts in West Asia and Africa

Centre increases import duty on sugar; stocks rise

Possible surge in domestic sugar prices may impact consumers but will revive cash-starved mills who owe farmers Rs 6,800 cr

Mentha oil up 0.1% on spot demand

Oil for delivery in September traded higher by 0.03%

Guar gum tumbles 2.59% on heavy selling

Traders offload positions amid weak gloabl cues, sluggish domestic and export demand