Page 724 - Commodity News
FMC to review evening trade in agri commodities
FMC had allowed evening trade in 10 internationally traded agricultural commodities such as cotton, refined soya oil, crude palm oil and sugar, to bring about price parity
 "FMC to review evening trade in agri commodities")
Gold, silver surge on wedding season buying, global cues
Traders attributed the rebound in precious metals to buying by stockists for the ongoing wedding season demand
 "Gold, silver surge on wedding season buying, global cues")
Gold sales lose glitter on Akshya Tritiya
Jewellery demand may have fallen 10-15 per cent overall, with small jewellers likely seeing bigger falls
 "Gold sales lose glitter on Akshya Tritiya")
Rice meant for poor ends up in black market
Karnataka launched flagship 'Anna Bhagya' scheme to supply 30 kg of rice at Re 1 per kg to BPL families
 "Rice meant for poor ends up in black market")
Guj records highest share in total dairy output: Assocham
In terms of milk production, Gujarat is ranked fifth with about 8% share across India
 "Guj records highest share in total dairy output: Assocham")
Gold, silver fall on 'Akshaya Tritiya' day
Traders said a weakening trend in the precious metals overseas mainly put pressure on the gold prices
Gold down 0.1% on weak global cues
Metal for delivery in far-month August fell by 0.04%
 "Gold down 0.1% on weak global cues")
Nickel down 0.3% on overseas trends, subdued demand
Metal for delivery in June also down by 0.28%
 "Nickel down 0.3% on overseas trends, subdued demand")
Copper down 0.3% on weak global cues
Metal for delivery in far-month August traded lower by 0.24%
 "Copper down 0.3% on weak global cues")
Mentha oil up 0.5% on spot demand
Oil for delivery in June contract traded higher by 0.38%
 "Mentha oil up 0.5% on spot demand")
Zinc down 0.6% on profit-booking, global cues
Metal for delivery in the May contract softened by 0.25%
 "Zinc down 0.6% on profit-booking, global cues")
Cardamom up 1.1% on spot demand
Spice for delivery in June traded tad higher by 0.06%
 "Cardamom up 1.1% on spot demand")
Palm oil down 0.5% on low demand
Oil for delivery in May shed 0.35%
 "Palm oil down 0.5% on low demand")
Refined soya oil down 0.5% on low demand
Oil for delivery in May edged lower by 0.14%
 "Refined soya oil down 0.5% on low demand")
Potato up 1.3% on upsurging spot demand
Commodity for delivery in May contract also moved up by 1.07%
 "Potato up 1.3% on upsurging spot demand")
Chana down 0.6% on increased supply, weak demand
Commodity for delivery in May contract also trade lower by 0.59%
 "Chana down 0.6% on increased supply, weak demand")
Sugar down 0.7% on subdued demand
Commodity for delivery in June traded lower by 0.69%
 "Sugar down 0.7% on subdued demand")
Turmeric down 1.2% on sluggish demand
Spice for delivery in June contract traded lower by 1.24%
 "Turmeric down 1.2% on sluggish demand")
Oil prices recover in Asian trade
Investors are keeping an eye on the release later in the day of US jobs figures
 "Oil prices recover in Asian trade")
In a first, iron ore mines likely to be put on the block
Karnataka proposes to auction 15 of its Category-C mines to end-users
 "In a first, iron ore mines likely to be put on the block")