Page 670 - Commodity News

Vegetable prices surge again, put pressure on CPI inflation

Several of them were quoted above Rs 100 a kg in retail markets

Jowar, ragi cultivation to be tagged with MGNREGA

K'taka government has announced this to enhance the jowar and ragi production in the state

ICRA pegs domestic sugar production at 24 MT in 2013-14 marketing year

Decline driven mainly by a reduction in the cane crushing in key producing states

Commerce Minister for easing of gold import restrictions

Says restrictions are hurting the industry and has also led to spurt in smuggling of the precious metal

Gold down 0.2% on weak global cues

Metal for delivery in October shed 0.19%

Silver down 0.3% on weak global cues

Metal for delivery in December declined by 0.26%

Cardamom up 0.9% on spot demand

Spice for delivery in August edged up by 0.6%

Lead up 0.2% on spot demand, global cues

Metal for delivery in September 0.15%

Zinc up 0.3% on overseas cues, spot demand

Speculators created positions amid a firming trend in base metals

Nickel up by 0.3% on firm demand, global cues

An encouraging trend in copper and other base metals in the global markets, supported the upside

Oil prices higher amid Iraq focus

Investors take comfort in the knowledge that insurgents will be contained in northern Iraq, away from the oil fields in Kurdistan

Odisha's potato crisis back after a day's respite

Several hundred trucks have been stopped near the check gate at Odisha-Bengal border due to security check by West Bengal police

Profit-booking pulls gold down marginally

Ratio trading triggers further decline, but economic numbers and geo-political tensions to decide its move further

Industrial oils recovers on renewed demand

Groundnut oil, refined palmolein and linseed oil held steady in the absence of any major buying

Gold hits 3-month high on global trend

Unwinding of positions from other asset classes raises gold's safe haven appeal on escalating geo-political tensions

Soybean prices down on low demand

Currently, plant delivery prices are Rs 3875-3950 per 100 kg as against Rs 4150-4250 per 100 kg a fortnight ago

Odisha traders want withdrawal of VAT on pulses, wheat products

Consumption of pulses stands at about nine lakh tonnes with a business turnover of about Rs 4,500 cr

Jeera up 0.7% on spot demand

Spice for delivery in September traded higher by 0.62%

Lead down 0.3% on overseas cues, subdued demand

Metal for delivery in September traded lower by 0.29%

Copper up 0.2% on spot demand

Metal for delivery in August edged up by 0.21%