Page 712 - Commodity News
Crude palm oil falls 0.98% on profit-booking
Subdued demand in \spot markets fuel downtrend
 "Crude palm oil falls 0.98% on profit-booking")
Cardamom falls 0.74% on profit-booking
Inventory pile-up fuels downtrend
 "Cardamom falls 0.74% on profit-booking")
Lead trades higher on spot demand, global cues
May, June contracts add 0.36% as speculators buy
 "Lead trades higher on spot demand, global cues")
Zinc up 0.41% on spot demand, global cues
speculators enlarged positions as metal firms up in London
 "Zinc up 0.41% on spot demand, global cues")
Sugar weakens 0.23% on ample supply, subdued demand
Traders pare positions despite lower production figures released by ISMA
 "Sugar weakens 0.23% on ample supply, subdued demand")
Jeera declines 0.58% on low demand
Higher arrivals from growing regions fuel downtrend
 "Jeera declines 0.58% on low demand")
Copper up 0.5% on global cues
Traders create fresh positions as inventories drop and metal gains in London
 "Copper up 0.5% on global cues")
Aluminium up 0.29% on global cues, spot demand
Traders consolidate positions as metal hits three-week high in London
 "Aluminium up 0.29% on global cues, spot demand")
Refined soya oil down 0.54% on low demand
Traders offload holdings as inventories pile up
Chana sheds 0.9% on subdued demand
Traders trim positions as inventories pile up
 "Chana sheds 0.9% on subdued demand")
Gold prices to fall further on rupee gains
Rupee has hit eleven month high against dollar which has caused price of gold to also drop as it is a dollar denominated commodity
 "Gold prices to fall further on rupee gains")
Wheat procurement in Haryana up 11% to 64.83 lakh tonnes
Purchase of the commodity stood at 58.66 lakh MT during the corresponding period last year
 "Wheat procurement in Haryana up 11% to 64.83 lakh tonnes")
Coal import rises by 18% to 171 million tonnes
In 2012-13, it was at 145 million tonnes
 "Coal import rises by 18% to 171 million tonnes")
NCDEX launches internationally aligned sugar contracts
New contract has been designed in partnership with apex industry body ISMA
 "NCDEX launches internationally aligned sugar contracts")
Mentha oil sheds 1.08% on higher supply, low demand
Traders trim positions on higher arrivals from Chandausi, UP
 "Mentha oil sheds 1.08% on higher supply, low demand")
Aluminium weakens by 0.2% on global cues
Traders pare positions as subdued demand at home fuels negative sentiment
 "Aluminium weakens by 0.2% on global cues")
Refined soya oil weakens marginally as demand declines
Sheds 0.19% as inventories pile up
Chana down 0.51% on sluggish demand
Traders pare positions as higher arrivals from growing belts fuel downtrend
Turmeric futures sheds 1.73% on subdued demand
Traders pare exposure on higher arrivals from producing belts
 "Turmeric futures sheds 1.73% on subdued demand")