Page 673 - Commodity News
Zinc up 0.3% on overseas cues, spot demand
Metal for delivery in September also rose 0.14%
 "Zinc up 0.3% on overseas cues, spot demand")
Nickel futures marginally down on subdued demand
Metal for delivery in August also shed 0.04%
 "Nickel futures marginally down on subdued demand")
Mentha oil futures up 1% on strong demand
Oil for delivery in September moved up by 0.91%
 "Mentha oil futures up 1% on strong demand")
Aluminium up 0.1% on global cues, pick-up in demand
A firming trend in select base metals at the London Metal Exchange supported the upside
 "Aluminium up 0.1% on global cues, pick-up in demand")
Cardamom up 0.7% as demand picks up
Spice for delivery in August traded higher by 0.32%
 "Cardamom up 0.7% as demand picks up")
Silver falls 0.1% on global cues
Metal for delivery in December declined by 0.07%
 "Silver falls 0.1% on global cues")
Palm oil down 0.2% on profit-booking
Oil for delivery in September shed 0.18%
 "Palm oil down 0.2% on profit-booking")
Chana down 0.7% on increased supply
Commodity for delivery in August traded lower by 0.64%
 "Chana down 0.7% on increased supply")
Turmeric up 2% on upsurge in spot demand
Spice for delivery in August gained 1.99%
 "Turmeric up 2% on upsurge in spot demand")
Jeera down 0.5% on supply pressures
Spice for delivery in September shed 0.48%
 "Jeera down 0.5% on supply pressures")
Oil prices up in Asian trade
However, gains were capped following weakened demand caused by refinery shutdowns
 "Oil prices up in Asian trade")
Castor sowing likely to rise by 15% in India
Delayed monsoon and insufficient rainfall may encourage farmers to shift to castor seed from other crops
 "Castor sowing likely to rise by 15% in India")
India's Q1 gold jewellery imports rise by 10%: GJEPC
However, import of gold bars declined marginally by 3.3% to Rs 8,261 cr
 "India's Q1 gold jewellery imports rise by 10%: GJEPC")
Gold extends gains on festive season buying, global cues
Silver recovered by Rs 50 to Rs 44,900 per kg on increased offtake by industrial units and coin makers
 "Gold extends gains on festive season buying, global cues")
UP govt holds 3 mt of sugar for auction
Auction proceeds to be used to pay off cane arrears
 "UP govt holds 3 mt of sugar for auction")
Venkat Chary notice to PwC on MCX audit
Chary is objecting to PwC mentioning his name as the key management personal of MCX
 "Venkat Chary notice to PwC on MCX audit")
Upbeat auto market spurs demand for imported natural rubber
Imports cheaper than local rubber, but tyre makers reluctant to reduce prices
 "Upbeat auto market spurs demand for imported natural rubber")
Cardamom down 0.6% on subdued demand
Spice for delivery in September traded lower by 0.25%
Mentha oil up 0.2% on pick-up in demand
Oil for delivery in September edged up by 0.17%
Palm oil up 0.7% on rising demand
Oil for delivery in September traded higher by 0.53%