Page 721 - Commodity News

Lead gains 0.4% on global cues, spot demand

Speculators build positions on higher offtake from battery makers

Copper up 0.33% on global cues, spot demand

Speculators enlarge positions on firm trends abroad after unexpected surge in China's April exports and imports

Cardamom up 1.8% on increased demand

Spice for delivery in June contracts moved up by 1.23%

Mentha oil up 0.5% on strong demand, tight supply

Oil for delivery in May gained 0.39%

Zinc up 0.6% on global cues, firm spot demand

Metal for delivery in May traded higher by 0.57%

Oil prices mixed in Asia

Oil prices were well-supported in the market due to an unexpected drop in US inventories: EY

US oil prices soar as inventories fall

Analysts believe the sharp drop in crude inventories suggests the demand for oil was stronger than expected

Nickel surges over 2% on global cues, spot demand

Speculators enlarge positions as metal climbed to 19-month high on the London Metal Exchange

Wheat procurement may fall to six-year low

As of May 4, wheat procurement by FCI and other government agencies stood at 22.6 mt, against 22.5 in the year-ago period

Jignesh Shah quits IEX board

MCX can transfer shares of 'unfit' entity to escrow account

Defers issue of preferential shares; FTIL threatens legal action if the value of its holding is eroded

FMC meeting on Tuesday to discuss MCX action

Non-compliance of its order regarding FTIL stake, PWC report on the agenda

FTIL defends itself, raps MCX over PwC audit report

Tech fees charged from MCX is lowest compared to peers; Fees also down 56 per cent with fall in volumes

India exports wheat worth Rs 2,590 cr

In 2012-13, the govt earned $1.4 billion from export of 4.2 million tonnes of wheat by PSUs

Gold advances on marriage season buying, global cues

Silver also moved up by Rs 100 to Rs 42,800 per kg on increased offtake by industrial units and coin makers

Oilmeal exports rise by 20% in April

Country had exported 1,97,554 tonnes of oilmeal in the same period last year

Oilmeal exports up 20% in April

Heavy demand for rapeseed meal came in from South Korea and Thailand

Crude palm oil down 0.27% on profit booking

Subdued demand in spot market adds to downward pressure on the commodity

Mentha oil extends gains on rising demand

May, June contracts gain 0.2% each as traders enlarge positions on lower arrivals from growing regions

Cardamom gains second day in a row as demand picks up

Restricted arrivals from producing regions also influence prices in futures trade