Page 664 - Commodity News
Mentha oil down 0.6% on low demand
Oil for delivery in August contracts lost 0.57%
 "Mentha oil down 0.6% on low demand")
Cardamom down 0.3% on profit-booking
Spice for delivery in September shed 0.29%
 "Cardamom down 0.3% on profit-booking")
Lead down 0.3% on global trend, subdued domestic demand
Metal for delivery in current month eased by 0.29%
 "Lead down 0.3% on global trend, subdued domestic demand")
Zinc down 0.4% on subdued demand, weak global cues
Metal for delivery in September traded lower by 0.35%
 "Zinc down 0.4% on subdued demand, weak global cues")
Aluminium down 0.4% on overseas cues
Metal for delivery in September also fell 0.4%
 "Aluminium down 0.4% on overseas cues")
Copper down by 0.3% on weak global cues
Speculators trimmed positions amid a weak trend in global markets
 "Copper down by 0.3% on weak global cues")
Good returns prompt Gujarat farmers to shift to sesame
As of August 11, sowing stood at 127,100 hectares in Gujarat, 107% of the total sowing area in the state (119,100 hectares)
 "Good returns prompt Gujarat farmers to shift to sesame")
Floods take a toll on paddy cultivation
In parts of Odisha, Assam and Uttar Pradesh, the crop has already seen substantial damage
 "Floods take a toll on paddy cultivation")
India set to surpass China as world's top cotton producer
The harvest is estimated at 39.63 million bales or 6.74 mn tonnes in the season starting October 1
 "India set to surpass China as world's top cotton producer")
FTIL & MCX agree to terms of new tech deal
FTIL has agreed to reduce its annual maintenance charge by 40%
 "FTIL & MCX agree to terms of new tech deal")
45% of rubber plantations 'aged': Study
The study was conducted by Automotive Tyre Manufacturers' Association
 "45% of rubber plantations 'aged': Study")
Zinc up 0.4% on overseas trend, spot demand
Metal for delivery in current month also rose by 0.32%
Aluminium up 0.4% on overseas cues, spot demand
Metal for delivery in September traded higher by 0.3%
 "Aluminium up 0.4% on overseas cues, spot demand")
Nickel up 0.2% on firm overseas cues, spot demand
Metal for delivery in current month traded higher by 0.12%
 "Nickel up 0.2% on firm overseas cues, spot demand")
Copper up 0.2% on strong global cues
Metal for delivery in August was up by 0.19%
 "Copper up 0.2% on strong global cues")
Palm oil down 0.5% on profit-booking
Oil for delivery in September traded lower by 0.13%
 "Palm oil down 0.5% on profit-booking")
Lead up 0.2% on overseas cues
Metal for delivery in August also rose by 0.18%
Cardamom up 0.7% on rising demand
Spice for delivery in September gained 0.5%
Gold down 0.1% on weak global cues
Metal for delivery in October shed 0.12%
 "Gold down 0.1% on weak global cues")
FMC wants NSEL to be merged with FTIL, latter's management changed
Last week FMC wrote to MCA to merge NSEL with its promoter and 99% owner, FTIL
 "FMC wants NSEL to be merged with FTIL, latter's management changed")