Page 693 - Commodity News
Silver down 0.3% on profit-booking, global cues
Metal for delivery in September declined by 0.25%
 "Silver down 0.3% on profit-booking, global cues")
Mentha oil up 0.3% on rising demand
Oil for delivery in July edged up by 0.29%
 "Mentha oil up 0.3% on rising demand")
Crude oil up 0.4% on Iraq tension
Oil for August also moved up by 0.39%
 "Crude oil up 0.4% on Iraq tension")
Palm oil up 0.9% as demand picks up
Oil for delivery in June gained 0.94%
 "Palm oil up 0.9% as demand picks up")
Gold futures down 0.10% on weak global cues, profit-booking
Metal loses 0.4% to $1,310.19 an ounce in Singapore
 "Gold futures down 0.10% on weak global cues, profit-booking")
Lead up 0.5% on firm overseas trend
Higher offtake from battery makers supports uptrend
 "Lead up 0.5% on firm overseas trend")
Nickel up 0.6% on global cues, spot demand
Traders enlarge positions on higher offtake from alloy makers, expansion in Chinese factory output
 "Nickel up 0.6% on global cues, spot demand")
Oil prices firm on Iraq tensions
US benchmark West Texas Intermediate was up 31 cents to $107.14, while Brent crude gained 35 cents to $115.16 in mid-morning trade
 "Oil prices firm on Iraq tensions")
Gold slips on stronger equities, but holds above $1,300
With the higher prices, physical demand from top consumers China and India has been slow to pick up
 "Gold slips on stronger equities, but holds above $1,300")
 "Crude oil outlook: Crude oil prices can rise above $120 if Iraq crisis escalates")
SEAI seeks Rs 1,000 cr to boost seafood sector in state
SEAI-Odisha region has sought at an investment of Rs 1,000 crore for the infrastructure development in the seafood sector
Gold gets its safe haven status back
Surge in price over recent days attributed to perception of turmoil in West Asia and the US Fed's dovishness on inflation; further trend depends on events
 "Gold gets its safe haven status back")
NCDEX launches international crude oil futures
Contract integrates international price discovery markets with the Indian futures market
 "NCDEX launches international crude oil futures")
Tea production in April dips by 24.5%
The production stood at 75.17 million kg in April 2013
 "Tea production in April dips by 24.5%")
Gold set for best week in three months
Geopolitical tensions and a softer dollar have prompted some to cover their short positions
 "Gold set for best week in three months")
Palm oil down 0.1% on adequate supply
Oil for delivery in June contracts shed 0.02%
Gold futures up on firm global cues
August gold adds 0.14% as hopes of borrowing costs remaining low in the US fuel demand for bullion as alternative investment
Zinc up 0.7% on overseas cues
Increased demand from consuming industries in the spot market supported the uptrend
 "Zinc up 0.7% on overseas cues")
Copper up 1% on global cues
Metal for delivery in August traded higher by 0.85%
 "Copper up 1% on global cues")
Cardamom up 0.2% as demand rises
Spice for delivery in August contracts traded marginally up by 0.01%
 "Cardamom up 0.2% as demand rises")