Page 678 - Commodity News
Aluminium down 0.29% on global cues
Metal for delivery in August traded lower by 0.28%
 "Aluminium down 0.29% on global cues")
Sugar down 0.3% on ample supply
Analysts said increased supplies in the physical market, subdued demand from bulk consumers kept pressure on sugar prices
 "Sugar down 0.3% on ample supply")
Crude palm oil down o.5% on low demand
Oil for delivery in July edged lower by 0.21%
 "Crude palm oil down o.5% on low demand")
Zinc down 0.28% on global cues, profit-booking
Metal for delivery in August down 0.25%
 "Zinc down 0.28% on global cues, profit-booking")
Mentha oil futures fall 0.87% on profit-booking
Oil for delivery in August lost 0.7%
 "Mentha oil futures fall 0.87% on profit-booking")
Lead futures fall 0.26% on overseas trend, subdued demand
Market analysts said besides a weak trend in base metals at the LME, subdued demand put pressure on metal prices
 "Lead futures fall 0.26% on overseas trend, subdued demand")
Nickel down 0.4% on overseas trends, subdued demand
Metal for delivery in July also shed 0.38%
 "Nickel down 0.4% on overseas trends, subdued demand")
Crude oil down 0.4% on weak Asian cues
Oil for August delivery moved down by 0.37%
 "Crude oil down 0.4% on weak Asian cues")
Copper down 0.2% on global cues, weak demand
Metal for delivery in far-month November traded lower by 0.18%
 "Copper down 0.2% on global cues, weak demand")
Cardamom down 0.3% on profit-booking
Spice for delivery in August down 17%
 "Cardamom down 0.3% on profit-booking")
Gold holds losses but finds support near $1,300
Spot gold was little changed at $1,307 an ounce by 0022 GMT, after losing 0.4% previous session
 "Gold holds losses but finds support near $1,300")
FTIL exit should open a road for MCX
Recently FTIL announced selling its 15% stake in MCX to Kotak Mahindra Bank and now it is left only with 5%
 "FTIL exit should open a road for MCX")
FMC to issue net worth, audit norms for warehouses
FMC wants to make this foolproof so that service levels and transparency improve in warehouses, which is must for market confidence
 "FMC to issue net worth, audit norms for warehouses")
Consolidation in commex segment
Two have stopped trading and another is struggling to keep above water; only niche players appear to be able to sustain
 "Consolidation in commex segment")
Gold dives below Rs 28K mark on fresh selling, global cues
Silver also dropped sharply owing to frantic speculative unwinding
 "Gold dives below Rs 28K mark on fresh selling, global cues")
Cardamom down 0.3% on low demand
Spice for delivery in September contract shed 0.16%
Mentha oil up 0.2% on strong demand
Oil for delivery in August contract edged up by 0.04%
Zinc up 0.5% on overseas cues, spot demand
Metal for delivery in August also rose by 0.42%
Nickel up 0.3% on firm demand, global cues
Metal for delivery in July rose by 0.33%