Page 735 - Commodity News
Mentha oil up 0.6% on spot demand
Oil for delivery in May edged higher by 0.5%
 "Mentha oil up 0.6% on spot demand")
Copper down 0.5% on global cues, subdued demand
Analysts attributed fall in copper futures to weak global trend and subdued demand in the domestic spot markets
 "Copper down 0.5% on global cues, subdued demand")
Sugar up 0.2% on strong demand, lower output
Commodity for delivery in May moved up by 0.09%
 "Sugar up 0.2% on strong demand, lower output")
Lead down 0.2% on subdued spot demand, global cues
Metal for delivery in May also fell by 0.16%
 "Lead down 0.2% on subdued spot demand, global cues")
Turmeric up 4%; hits upper circuit on export demand
Spice for delivery in May moved up by 3.99%
 "Turmeric up 4%; hits upper circuit on export demand")
Chana not a poll plank in MP anymore
Earlier, BJP had blamed Congress for its bias towards the state over the issue
 "Chana not a poll plank in MP anymore")
 "Steelmakers win resource conservation battle, again")
Coconut oil market heats up, prices touch Rs 15,000/quintal
Sharp rise in demand, acute shortage of copra and tender coconut push prices up
 "Coconut oil market heats up, prices touch Rs 15,000/quintal")
Supply problem ahead for coffee market
The supply deficit is seen in coffee as Brazil, the world's largest producer, has reported one of the worst droughts this year
 "Supply problem ahead for coffee market")
"Fusarium wilt" threat to India's banana farming
The disease spoils plants as leaves grow pale and germination is affected
 "\"Fusarium wilt\" threat to India's banana farming")
Oil prices up as Russia-Ukraine tensions escalate
Moscow and the West locked horns at emergency UN talks
 "Oil prices up as Russia-Ukraine tensions escalate")
Punjab sugar output may touch 46 mn quintals
The total estimated area under sugarcane cultivation in Punjab stands at 96,000 hectares this year; last year it was 83,000 hectares
 "Punjab sugar output may touch 46 mn quintals")
Soyameal exports dips 8% to Rs 7,000 cr in Oct-Mar 2013-14
It stood at Rs 6,987 crore during October 2013-March 2014
 "Soyameal exports dips 8% to Rs 7,000 cr in Oct-Mar 2013-14")
Agriculture and livestock emissions up 14%: FAO
Says spurt in agricultural output in developing countries behind rise
 "Agriculture and livestock emissions up 14%: FAO")
 "Gold extends gains on stockists buying")
Acute shortage of soybean seed this season
Over 20% supply shortage may affect India's soybean output this season
 "Acute shortage of soybean seed this season")
Rubber imports surged last fiscal
Rubber Board records a huge 49% rise in inward shipments
 "Rubber imports surged last fiscal")
Profitability of edible oil producers to improve
Govt recently raised import duty on refined oil to 10% from existing 7.5% to curb its import and protect interests of domestic refineries
 "Profitability of edible oil producers to improve")
Seizure of smuggled gold in Ahmedabad zooms four times
High profit margin attributed to smuggling of yellow metal
 "Seizure of smuggled gold in Ahmedabad zooms four times")
213 agri commodities identified for boosting exports
Gradation of agricultural commodities has gained importance following food gradation norms in European Union
