Page 703 - Commodity News
 "One ministry for steel & mines is a recipe to redeem both")
Jute geo-textile seen as answer to Assam's soil erosion problem
The NJB is also in touch with the Assam tea industry for using jute geo-textiles for protection of soil from erosion in the slopes of tea gardens
Natural rubber imports jump 64% in May
India's natural rubber imports stood at 20,948 tonnes in the same month last year
 "Natural rubber imports jump 64% in May")
Cardamom up 1.4% on spot demand
Spice prices for the July contract rose by 1.32%
 "Cardamom up 1.4% on spot demand")
Palm oil down 0.6% on profit-booking
Oil for delivery in July traded lower by 0.54%
 "Palm oil down 0.6% on profit-booking")
Mentha oil down 2.8% on profit-booking
Oil prices for the June delivery drifted by 1.07%
 "Mentha oil down 2.8% on profit-booking")
Potato up 1.5% on pick-up in demand
Commodity for delivery in June also moved up by 0.7%
 "Potato up 1.5% on pick-up in demand")
Nickel down 0.2% on global trends, profit-booking
Metal for delivery in June traded lower by 0.18%
 "Nickel down 0.2% on global trends, profit-booking")
Lead down 0.2% on sluggish demand
Market analysts said subdued demand, a weak trend in base metals at the LME led to the fall in lead futures prices
 "Lead down 0.2% on sluggish demand")
Zinc down 0.1% on profit-booking
Marketmen said profit-booking by participants mainly led to the fall in zinc futures prices
 "Zinc down 0.1% on profit-booking")
Copper sheds 0.79% on weak global cues
Traders pare positions as metal loses in Shanghai
 "Copper sheds 0.79% on weak global cues")
Oil prices up in Asia
Robust Chinese export data and a solid US jobs report helped boost prices
 "Oil prices up in Asia")
Spot gold premia decline
RBI had allowed procedural relaxation for imports and allowed export houses to import gold on 21 May
 "Spot gold premia decline")
White stem borer back in coffee plantations
Chikmagalur, Hassan, Kodagu report attacks of pest in Arabica plantations
 "White stem borer back in coffee plantations")
Chana down 0.3% on increased supply
Commodity for delivery in July contract shed 0.28%
 "Chana down 0.3% on increased supply")
Palm oil up 0.1% as demand picks up
Analysts said fresh positions created by speculators after pick-up demand in the spot market mainly led to the rise in crude palm oil prices in futures trade
Steel consumption grows by 0.5% in Apr-May
India had consumed 12.563 MT steel during the April-May period of FY 2013-14
 "Steel consumption grows by 0.5% in Apr-May")
Cardamom down 0.9% on subdued demand
Spice for delivery in July contract traded tad lower by 0.06%
Mentha oil down 0.4% on higher supply
Oil for delivery in July contract shed 0.35%
Nickel up 0.2% on global cues
Metal for delivery in July traded higher by 0.19%