Page 698 - Commodity News

Palm oil up 0.8% on upsurge in demand

Oil for delivery in July contract gained 0.79%

Chana down 0.3% on profit-booking

Commodity for delivery in July shed 0.18%

Refined soya oil up 0.4% on spot demand

Oil for delivery in June contract ended up by 0.31%

Copper up 0.6% on global cues, spot demand

Metal for delivery in August traded higher by 0.5%

Govt may face challenge over cost in sugarcane floor price

Curbing horticulture products' wastage in farm-to-fork transfer

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

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

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

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

Chana up 1% on rising demand

Tight stocks position in spot market due to less arrivals from producing regions fuel uptrend

Crude palm oil rises 0.15% on pick-up in demand

Traders create positions as lower arrivals from growing areas fuel uptrend

Mentha oil down 2.20% on higher supply, low demand

Traders pare positions on lower offtake from consuming industries

Sugar rises 0.13% as demand picks up

However, ample supplies from producing regions limit the gains

Lead gains 0.36% on firm global cues

Higher offtake from battery-makers at home fuels uptrend

Zinc up 0.32% on overseas trend, spot demand

Traders create fresh positions as metal gains in London, following improved industrial activity in China