Page 728 - Commodity News
Aluminium up 0.1% on firming overseas trend
Metal prices for delivery in May traded higher by 0.09%
 "Aluminium up 0.1% on firming overseas trend")
Polls may dampen jewellery demand on Akshaya Tritiya: Experts
However, the industry is still optimistic as gold prices are ruling steady
 "Polls may dampen jewellery demand on Akshaya Tritiya: Experts")
FCI earns Rs 9,310-cr by selling 5.8 MT of wheat under OMSS
Average price realised from the sale was Rs 1,602.85 per quintal
 "FCI earns Rs 9,310-cr by selling 5.8 MT of wheat under OMSS")
 "Gold caps longest 6-week rally on Ukraine-Russia tensions")
Agri commodities rise on fears of low rainfall
Most of the agri commodities on Ncdex were up more than 1% during the day session
 "Agri commodities rise on fears of low rainfall")
Soybean oil import up 112% in Nov-March
Soyabean oil import has gone up to 5,28,286 tonnes as compared to 2,48,728 tonnes imported during corresponding period of last year
 "Soybean oil import up 112% in Nov-March")
Oil prices fall after Russia downgrade
Brent North Sea crude for June dropped 43 cents to stand at $109.90 a barrel in London midday deals
 "Oil prices fall after Russia downgrade")
Chilli down 2% on profit-booking
Spice for delivery in July declined by 1.62%
 "Chilli down 2% on profit-booking")
Coriander down 1.6% on increased supply, low demand
Spice for delivery in June lost 1.59%
 "Coriander down 1.6% on increased supply, low demand")
Gold up 0.5% on firm global cues
Metal for delivery in June moved up by 0.49%
 "Gold up 0.5% on firm global cues")
Nickel down 0.5% on overseas trends, subdued demand
Globally, the metal for delivery in three months at the LME retreated 0.4%
 "Nickel down 0.5% on overseas trends, subdued demand")
Turmeric up 1.7% on rising demand
Spice for delivery in April gained 1.56%
 "Turmeric up 1.7% on rising demand")
Cardamom down 0.5% on profit-booking
Spice for delivery in June shed 0.38%
 "Cardamom down 0.5% on profit-booking")
Palm oil up 0.3% on spot demand
Analysts attributed the rise in crude palm oil prices at futures trade to fresh positions built-up by speculators
 "Palm oil up 0.3% on spot demand")
Jeera up 1.7% on strong demand
Spice for delivery in May traded higher by 1.67%
 "Jeera up 1.7% on strong demand")
Refined soya oil up 0.6% on spot demand
Oil for delivery in June edged up by 0.58%
 "Refined soya oil up 0.6% on spot demand")
Mentha oil down 0.3% on low demand
Analysts said reducing of positions by participants due to lower demand influenced mentha oil prices
 "Mentha oil down 0.3% on low demand")
Chana up 0.9% as demand picks up
Commodity for delivery in May traded higher by 0.93%
 "Chana up 0.9% as demand picks up")
Oil prices up on Ukraine tensions
Russia ordered new military exercises on the border with Ukraine
 "Oil prices up on Ukraine tensions")
Potato prices spurt as bad weather threatens output
In Amritsar mandis, average price was Rs 1,000 a quintal on Tuesday from Rs 800 a quintal last Saturday
 "Potato prices spurt as bad weather threatens output")