Page 734 - Commodity News
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")
Cardamom up 0.3% on strong demand
Tight stocks following restricted arrivals from producing regions also supported the upside
 "Cardamom up 0.3% on strong demand")
Jeera up 0.7% on rising demand
Spice for delivery in May traded higher by 0.65%
 "Jeera up 0.7% on rising demand")
Chana up 0.2% on spot demand
Commodity for delivery in May edged up by 0.06%
 "Chana up 0.2% on spot demand")
Oil prices mixed after weak Chinese GDP data
Investors await the latest US supply report
 "Oil prices mixed after weak Chinese GDP data")
China shadow on India's jewellery manufacturing
A number of cos await revival in global demand to shift basefrom India
 "China shadow on India's jewellery manufacturing")
Gold drops on Goldman Sach's bearish outlook
Gold prices on Tuesday fell sharply in the foreign market - from $1,330 to $1,290 an ounce - after Goldman Sach's bearish outlook
 "Gold drops on Goldman Sach's bearish outlook")
Vegetable oil import down 6% in Nov-Mar
Average stock of veg oils on ports and in pipeline was 1.4 to 1.5 million tonnes in past six months
 "Vegetable oil import down 6% in Nov-Mar")
Rabi arrivals, elections cast shadow on agri commodities
Prices dip in last one month as strict vigil on cash transfers hampers payments at a time when rabi crop arrivals increasing
 "Rabi arrivals, elections cast shadow on agri commodities")
MP farmers hold on to chana anticipating better price
Chana prices for desi variety was hovering around Rs 2,010-2,900 per quintal and Rs 2,300-5,200 per quintal for chana Gulabi in local mandi
India's vegetable oil imports decline 6% in March
Palm oil imports have fallen by 23% to 5.45 lakh tonnes in March this year
 "India's vegetable oil imports decline 6% in March")
Jeera up 1.3% on strong demand
Expectations of higher output restricted the gains
Nickel down 3% on profit-booking, global cues
Metal for delivery in May traded lower by 3.2%
 "Nickel down 3% on profit-booking, global cues")
Zinc down 0.6% on overseas trend
Metal for delivery in May fell by 0.68%
 "Zinc down 0.6% on overseas trend")
Gold down 0.5% on weak global cues; profit-booking
Metal for delivery in far-month August shed 0.4%
 "Gold down 0.5% on weak global cues; profit-booking")
Silver down 0.5% on lower global trend
Metal fell by 0.6% to $19.86 an ounce in Singapore
 "Silver down 0.5% on lower global trend")
Cardamom up 1% on rising demand
Spice for delivery in May moved up by 0.36%
Crude oil down 0.6% on weak Asian cues
Oil prices for May delivery also moved down by 0.54%
 "Crude oil down 0.6% on weak Asian cues")
Crude palm oil up 0.3% as demand picks up
Oil for delivery in April traded higher by 0.27%
 "Crude palm oil up 0.3% as demand picks up")
Potato up 1.9% on upsurge in demand
Commodity for delivery in April traded higher by 1.09%
 "Potato up 1.9% on upsurge in demand")