Page 679 - Commodity News

LME zinc hits 3-year high, aluminium at 16-mth peak

Gold dives below Rs 28K mark on fresh selling, global cues

Silver also dropped sharply owing to frantic speculative unwinding

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%

Chana down 3% on increased arrivals

Commodity for delivery in September traded lower by 2.62%

Silver futures down 0.5% on weak global cues

Cooling down of geopolitical concerns in Ukraine reduces demand for silver

Gold futures down 0.35% on weak global cues

Signs of easing geopolitical concerns in Ukraine reduce demand for safe haven gold

Gold steady above $1,300 as conflicts spur safe-haven bids

Spot gold was little changed at $1,312 an ounce by 0247 GMT

SAIL has to focus on value addition

Raised ore royalty rate to hit steel buyer

The Indian mining sector will be paying double the royalty compared to many other countries

NSEL puts Mohan India's Rs 700-cr assets on block

First attempt to auction immovable properties of defaulters

Nickel down 0.2% on global cues

Metal for delivery in July weakened by 0.12%

Mentha oil up 0.8% on rising demand

Oil for delivery in August traded higher by 0.7%

Palm oil down 0.3% on profit-booking

Oil for delivery in August shed 0.2%

Zinc down 0.2% on profit-booking

Metal for delivery in August down 0.14%

Cardamom down 0.4% on sluggish demand

Spice for delivery in September shed 0.15%

Silver futures rise on global cues

Meanwhile, silver rose by 0.10% to $20.89 an ounce in Singapore

Agri outlook: Limited downside for soybean, mustard