Page 686 - Commodity News
Mentha oil rises 0.85% on fresh buying
Pick up in industrial demand, lower arrivals from producing
 "Mentha oil rises 0.85% on fresh buying")
India's iron ore exports decline 41 per cent in Q1
The decline is largely attributed to global slowdown in spot market prices and better prices in the domestic market
 "India's iron ore exports decline 41 per cent in Q1")
Poultry products cost more on high feed prices
Broiler prices up 6%, eggs 17% in July; industry says even these unviable, as input costs set to rise
 "Poultry products cost more on high feed prices")
 "BS primer: Essential Commodities Act")
Jhunjhunwala buys 2% in MCX
The sale took place in form of a bulk deal at the price of Rs 664 per share
 "Jhunjhunwala buys 2% in MCX")
Ramesh Abhishek gets extension as FMC chairman
Abhishek was appointed as the FMC chairman on 24 September 2012
 "Ramesh Abhishek gets extension as FMC chairman")
India exports 17.5 lakh tonne sugar from Oct-Mar
Exports increased on the back of surplus stock and incentives offered by the Centre
 "India exports 17.5 lakh tonne sugar from Oct-Mar")
Global natural rubber price dips below Rs 120 per kg
Global rubber market is expected to remain in surplus for another three years
 "Global natural rubber price dips below Rs 120 per kg")
Copper down 0.4% on global cues
Globally, metal for delivery in three months slipped 0.1%
 "Copper down 0.4% on global cues")
Potato up 3% on rising demand
Commodity for delivery in August contracts also traded 1.68%
 "Potato up 3% on rising demand")
Nickel down 0.3% on subdued demand, global cues
Metal for delivery in August weakened by 0.15%
 "Nickel down 0.3% on subdued demand, global cues")
US says Indian steel-threaded rod being dumped, subsidised
Statement paves way for imposing anti-dumping duty on Indian exporters
Gold futures down 0.21% on global cues
Traders offload positions as investors weighed the outlook for US interest-rate policy
 "Gold futures down 0.21% on global cues")
Silver futures down 0.12% on global cues
Traders pare positions as metal loses shine in Singapore
 "Silver futures down 0.12% on global cues")
MCX shortlists 20 for MD's post
Applicants include Saurabh Sarkar MD of MCX-SX among others
 "MCX shortlists 20 for MD's post")
Steel industry demands easing of duty on scrap imports
With new policies likely to raise demand, ore mining restriction an issue
 "Steel industry demands easing of duty on scrap imports")
 "Aluminium outperforms other metals except nickel")
Mustard processing units want development board
Mustard oil processing is an unorganised business, with only 20 per cent of the 7,000-9,000 enterprises in the organised or branded segment
India's Q1 oilmeal exports fall by 31%
Exports have declined sharply in the last two months due to poor supply of soybean coupled with high price led to total disparity in international market: SEA
 "India's Q1 oilmeal exports fall by 31%")