Page 668 - Commodity News
Veg oils import up 25% in Jul on record soyabean oil shipments
Imports in July 2013 stood at 8.89 lakh tonnes
 "Veg oils import up 25% in Jul on record soyabean oil shipments")
Crude oil down 0.5% on weak Asian cues
Oil for September delivery moved down by 0.4%
 "Crude oil down 0.5% on weak Asian cues")
Copper down 0.5% on weak global cues, subdued demand
Metal for delivery in far-month November contract was down by 0.48%
 "Copper down 0.5% on weak global cues, subdued demand")
Palm oil up 0.5% on spot demand
Oil for delivery in September moved up by 0.49%
 "Palm oil up 0.5% on spot demand")
Mentha oil down 0.4% on profit-booking
Oil for delivery in August traded lower by 0.39%
 "Mentha oil down 0.4% on profit-booking")
Aluminium down 0.4% on global cues
Metal for delivery in September traded lower by 0.32%
 "Aluminium down 0.4% on global cues")
Zinc down 0.7% on global cues
Metal for delivery in September shed 0.56%
 "Zinc down 0.7% on global cues")
Nickel down 0.3% on profit-booking
Metal for delivery in September shed 0.21%
 "Nickel down 0.3% on profit-booking")
Oil prices extends losses after IEA slashes demand forecast
The IEA also reported a glut in global supplies despite conflicts in Iraq and Ukraine
 "Oil prices extends losses after IEA slashes demand forecast")
 "Brent crude oil hits nine-month low")
Onion prices calm but turmoil not ruled out later
Experts are not ruling out prices rising as sowing of kharif is expected to be lower
 "Onion prices calm but turmoil not ruled out later")
Wheat and rice exports may fall 15% this year
Global oversupply, steep rise in import duty in Iran likely to affect shipments
 "Wheat and rice exports may fall 15% this year")
Goa govt relaxes norms for iron ore auction
Lowers EMD for auction, reduces lot size by 90% to accommodate more players and intensify competition
 "Goa govt relaxes norms for iron ore auction")
India appeals to WTO in steel products dispute with US govt
The appeal will be heard by a three-member body and its report is likely within three months.
 "India appeals to WTO in steel products dispute with US govt")
Copper down 0.4% on global cues, weak demand
Low demand from domestic industries too had negative impact
Lead down 0.2% on global cues, weak demand
Weakness in copper and other base metals at the LME and subdued demand put pressure on the metal
 "Lead down 0.2% on global cues, weak demand")
Mentha oil up 0.5% on industrial demand
Oil for delivery in September moved up by 0.52%
Zinc down 0.4% on global cues
Metal for delivery in the September contracts softened by 0.35%
Silver futures down 0.4% on lower global trend
Speculators partially trimmed positions, affecting prices
 "Silver futures down 0.4% on lower global trend")
Crude oil down by 0.3% on weak Asian cues
Speculators trimmed positions amid a weak trend in Asian trade
 "Crude oil down by 0.3% on weak Asian cues")