Page 671 - Commodity News

Copper up 0.2% on spot demand

Metal for delivery in August edged up by 0.21%

Cardamom up 0.55% on rising demand

Tight stocks in physical market due to lower arrivals from growing areas fuel uptrend

Crude palm oil recovers 0.54% on spot demand

Lower arrivals from key growing areas fuel positive sentiment

Mentha oil rises 0.28% on spot demand

Traders create fresh positions as lower arrivals from key producing areas fuel positive sentiment

Silver futures move up on global cues

Traders created fresh positions as worsening geopolitical tensions raise demand for a safe-haven

Gold futures up 0.86% on positive global cues

Traders enlarge positions as safe-haven demand rises on tension over Ukraine and unrest in West Asia

Oil prices up after Obama authorises Iraq air strikes

The announcement edges up the geopolitical concerns about Iraq and the Middle East region

Global foodgrain prices slump to 6-month low

Reflection of excess supply, says FAO, particularly in cereals, oilseeds and dairy products

This season, Gujarat farmers bet on cotton

Sowing for cotton done in 2.82 million hectares which is 104% average sowing area

Potato exports to Pak push up domestic prices

Potato prices were Rs 1,415 per quintal in Agra a month ago which went up to Rs 1,670 today

Tea shortfall to touch 40 million kg by Sept

Despite monsoon recovery, shortfall in first and second flush unlikely to be compensated

Maize sowing picks up pace

Acreage of maize in India, which is close to 7 million hectare, is projected to remain stagnant this year also

Silver up 0.3% on overseas cues

Metal for delivery in far-month December gained 0.2%

Gold up in futures trade on global cues

Metal for delivery in October traded higher by 0.06%

Rubber imports crossed 100,000 tonnes in Apr-July 2014

The lower price regime in the overseas markets is the main reason behind this sharp increase

Palm oil down 0.1% on profit-booking

Oil for delivery in August weakened by 0.04%

Zinc up 0.1% on spot demand

Metal's strength at the London Metal Exchange supported the upside

Nickel up 0.6% on firm demand, global cues

Metal for delivery in September rose by 0.48%

Cardamom up 1% on rising demand

Spice for delivery in September contract gained 0.12%

Mentha oil down 0.3% on low demand, higher supply

Oil for delivery in August contract traded lower by 0.23%