Page 733 - Commodity News
Coriander rises 0.67% on pick-up in demand
traders create fresh positions on restricted arrivals from growing regions
 "Coriander rises 0.67% on pick-up in demand")
Chilli teja surges 3.25% on strong demand
Traders create fresh positions as tight supplies from grwoing areas add to positive sentiment
 "Chilli teja surges 3.25% on strong demand")
Oil prices rise in Asian trade
However, a bearish US stockpiles report was dampening sentiment
 "Oil prices rise in Asian trade")
 "Oil at 6-week high on Ukraine crisis")
Copper no longer metals' bellwether
Price moves in isolation, follows Chinese economy now as against global economies earlier
 "Copper no longer metals' bellwether")
Official gold supply dries up further
Hawala premium crosses 4%, as Akshay Tritiya boosts demand; spot delivery premium also doubles
 "Official gold supply dries up further")
 "Govt raises import tariff value on gold, silver")
Groundnut oil production may touch 700k tonnes
The production has increased due to higher availability of groundnut for crushing
 "Groundnut oil production may touch 700k tonnes")
Corrugated box manufacturers face bleak future
High raw material cost, low realisation the reason
Oil rises toward $110 as Ukraine tension rises
Brent crude for June delivery reversed early losses to trade up 43 cents at $109.79 by 0915 GMT, its highest level since March 4
 "Oil rises toward $110 as Ukraine tension rises")
Silver down 0.2% on weak trend overseas
Analysts said a weak trend in global markets on prospects for further cuts to the Federal Reserve's stimulus programme as the US economy shows signs of recovery, influenced silver futures
 "Silver down 0.2% on weak trend overseas")
Nickel down 1.1% on overseas cues, subdued demand
Metal for delivery in April was also down by 1.11%
 "Nickel down 1.1% on overseas cues, subdued demand")
Gold down 0.3% on global cues
Metal for delivery in August shed 0.23%
 "Gold down 0.3% on global cues")
Mentha oil up 0.1% on pick-up in demand
Oil for delivery in April edged up by 0.08%
 "Mentha oil up 0.1% on pick-up in demand")
Crude palm oil down 0.1% on subdued demand
Oil for delivery in May shed 0.09%
 "Crude palm oil down 0.1% on subdued demand")
Copper down 0.2% on weak Asian cues
Metal for delivery in June shed 0.19%
 "Copper down 0.2% on weak Asian cues")
Zinc down 0.3% on overseas cues
Metal for delivery in May fell 0.28%
 "Zinc down 0.3% on overseas cues")
Lead down 0.2% on global cues, subdued spot demand
Metal for delivery in April also fell by 0.16%
 "Lead down 0.2% on global cues, subdued spot demand")
Sugar up 0.4% on summer season demand, lower output
Commodity for delivery in April traded higher by 0.06%
 "Sugar up 0.4% on summer season demand, lower output")
Turmeric up 1.4% on rising export demand
Analysts attributed the continued rise in turmeric futures to rising export demand in the spot markets
 "Turmeric up 1.4% on rising export demand")