Page 696 - Commodity News
Oil prices mixed ahead of Fed policy statement
Investors also remain jittery over the unabated sectarian violence in Iraq
 "Oil prices mixed ahead of Fed policy statement")
Quality issues hit agri shipments
After Saudi ban on chili import from India due to pesticide residue, Russia finds pest infestation in potato import; Apeda warns exporters
 "Quality issues hit agri shipments")
Rain shortage can be weathered, says study
Morgan Stanley says forecasts so far don't point to severe outcomes; however, FAO says big problem if shortage prolonged; both agree on need to track spread and amount
 "Rain shortage can be weathered, says study")
Common clearing could bring about a sea change for commexes
Clearing corporations collect money, deliver the goods and settle deals. Collecting margins and risk management are exchanges' responsibilities
 "Common clearing could bring about a sea change for commexes")
Vietnam pepper exports up 40% in Jan-Apr
The average export price of black pepper during the period was $ 6,596 per tonne, white pepper $ 9,606 per tonne
 "Vietnam pepper exports up 40% in Jan-Apr")
Gold falls on profit booking
Standard gold ended at Rs 27,600 per 10 gms, a decline of Rs 330 from previous close of Rs 27,930 per 10 gms
 "Gold falls on profit booking")
Mustardseed up 0.5% on spot demand
Commodity for delivery in current month contracts inched up by 0.49%
 "Mustardseed up 0.5% on spot demand")
Brent holds near $113 on Iraq supply concerns
Oil prices rose around 4% last week, the most since July last year
 "Brent holds near $113 on Iraq supply concerns")
Nickel up 0.4% on strong global cues, domestic demand
Metal for delivery in July traded higher by 0.43%
 "Nickel up 0.4% on strong global cues, domestic demand")
Zinc up 0.4% on global trend, spot demand
Metal for delivery in July traded higher by 0.35%
 "Zinc up 0.4% on global trend, spot demand")
Gold down 0.2% on weak global cues, profit-booking
Metal prices for delivery in August declined by 0.2%
 "Gold down 0.2% on weak global cues, profit-booking")
Silver down 0.3% on profit-booking; global cues
Metal prices for delivery in September declined by 0.2%
 "Silver down 0.3% on profit-booking; global cues")
Mentha oil up 0.8% as demand picks up
Oil for delivery in June contract edged up by 0.69%
 "Mentha oil up 0.8% as demand picks up")
Cardamom down over 1% on weak demand
Spice for delivery in August contract traded lower by 0.72%
 "Cardamom down over 1% on weak demand")
Palm oil up 0.8% on upsurge in demand
Oil for delivery in July contract gained 0.79%
 "Palm oil up 0.8% on upsurge in demand")
Chana down 0.3% on profit-booking
Commodity for delivery in July shed 0.18%
 "Chana down 0.3% on profit-booking")
Refined soya oil up 0.4% on spot demand
Oil for delivery in June contract ended up by 0.31%
 "Refined soya oil up 0.4% on spot demand")
Copper up 0.6% on global cues, spot demand
Metal for delivery in August traded higher by 0.5%
 "Copper up 0.6% on global cues, spot demand")
 "Govt may face challenge over cost in sugarcane floor price")
