Page 697 - Commodity News
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")
Potato prices to cause more heartburn
Rise in potato prices has been sharpest amongst all commodities across categories during May 2014 on y-o-y basis
 "Potato prices to cause more heartburn")
Sugar sector may see turnaround this year
An estimated rise in cash flow, following the export incentive scheme for raw sugar being extended till September, will boost its finances
 "Sugar sector may see turnaround this year")
 "Brent crude near $113 on supply woes as Iraq violence rises")
Rice bran oil units upbeat over surging demand
The country produces around 900,000 tonnes of crude rice bran oil annually, of which 300,000 tonnes is consumed as edible oil, while the rest is used by the vanaspati industry or is blended with other
Vegetable oil imports down 13% in May: SEA
Since start of current oil year (November- May), vegetable oil imports have been stagnant at 6.1 mn tonnes
Coriander surges 3% on strong demand, tight supply
Traders create fresh positiona as lower arrivals from growing areas support uptrend
 "Coriander surges 3% on strong demand, tight supply")
Cardamom sheds 0.60% on low spot demand
Speculators trim positions as higher supplies from producing regions fuels downtrend
Refined soya oil up 0.67% on rising demand
lower arrivals from producing belts support uptrend