Page 680 - Commodity News
Silver futures rise on global cues
Meanwhile, silver rose by 0.10% to $20.89 an ounce in Singapore
 "Silver futures rise on global cues")
 "Agri outlook: Limited downside for soybean, mustard")
 "Cotton import likely to double this year")
Dairies focus on value-added products for future growth
As per estimates, share of these products is growing by 25% every year, this pace is likely to continue till 2019-20
 "Dairies focus on value-added products for future growth")
GEAC clears import of GM soyabean oil
Also permits confined field trials of 13 GM crops, including rice, brinjal, chickpea, mustard and cotton
 "GEAC clears import of GM soyabean oil")
Rubber imports may match record as car sales climb
Apollo, MRF and Ceat are among companies increasing imports as futures in Tokyo trade near a five-year low
 "Rubber imports may match record as car sales climb")
Gold snaps two-day gains, down Rs 50 on weak global cues
Silver followed suit and eased by Rs 350 to Rs 45,150 per kg
 "Gold snaps two-day gains, down Rs 50 on weak global cues")
Silver imports fall sharply in June
Results in silver inflow slowdown due to preference for gold and reduced industrial demand
Industry brainstorms crisis in sugar sector
The glut in the sugar market has kept sugar prices comparatively low affecting the profitability of sugar companies
 "Industry brainstorms crisis in sugar sector")
Cotton prices may fall amidst poor demand from spinning mills
Spinning mills state it is also low purchasing power that has led to fall in demand for cotton for producing yarn
 "Cotton prices may fall amidst poor demand from spinning mills")
Palm oil price escalates by 0.2% on spot demand
Oil for delivery in August contract edged up by 0.19%
 "Palm oil price escalates by 0.2% on spot demand")
Cardamom prices down 0.3% on profit-booking
Spice for delivery in August contracts traded lower by 0.13%
Mentha oil up 1.2% as demand picks up
Oil for delivery in August contract traded higher by 1.1%
 "Mentha oil up 1.2% as demand picks up")
Copper down 0.2% on global cues
Metal for delivery in far-month November contract shed 0.17%
 "Copper down 0.2% on global cues")
Sugar down 0.3% on subdued demand, ample supply
Commodity for delivery August contract 0.16%
 "Sugar down 0.3% on subdued demand, ample supply")
Lead down 0.3% on subdued demand
Metal for delivery in July contracts 0.23%
 "Lead down 0.3% on subdued demand")
Silver down 0.3% on subdued demand, overseas cues
Metal for delivery in December lost 0.26%
 "Silver down 0.3% on subdued demand, overseas cues")
Crude oil prices firm up on geopolitical tensions
Malaysian Airlines crash, Gaza invasion raise concerns
 "Crude oil prices firm up on geopolitical tensions")
Gold dips on profit-taking, safe-haven bids support after plane crash
Rises about 1.5% in previous session after news of plane crash in Ukrainian comes out