Page 740 - Commodity News

Cotton exports may drop 23% in 2014-15 on tight supplies: USDA

According to the USDA, the country's total cotton output is pegged lower at 36 million bales for 2014-15

Gold imports may hit 10-month high in March

Official flows likely to remain high in coming months, spot premiums moderates further

Onion prices to rise on crop damage, stock building

Last year, a sudden spurt in prices had forced the government to import onions. Despite that, retail prices hit Rs 100 a kg

Grain stocks at 4-yr low

FCI purchases huge quantities of maize as prices drop

FMC proposes to relax price limits for agri commodities

Milk prices stable for now

With procurement prices recently raised and powder export set to taper, supply anxieties are unlikely till at least June

Coffee exports drop as rains shrink harvest

'It has been an exceptionally bad year for production in India because of adverse weather last year'

Aluminium up 0.1% on global cues, spot demand

Strong demand in the spot markets also influenced metal prices

Nickel up 0.5% on firm demand, global cues

Market analysts said apart from increased domestic demand from alloy-makers, firmness in select base metals overseas, influenced nickel futures

Zinc up 0.1% on spot demand

Metal for delivery in April gained 0.12%

Crude oil up 0.3% on mixed Asian trend

Market analysts said the rise in crude oil futures led to a mixed in Asian trade as dealers stood on the sidelines bracing for the release of a key US jobs report

Coriander down 2.8% on sluggish demand

Increased supplies from producing regions also put pressure on the prices

Chana down over 1% on increased arrivals

Commodity for delivery in May contract lost 1.01%

Mentha oil up 0.4% on strong demand

Oil for delivery in April traded higher by 0.39%

Potato up 0.6% on Navratras demand

Commodity for delivery in May traded higher by 0.49%

Palm oil down 0.2% on profit-booking

Oil for delivery in May contract traded lower by 0.14%

Cardamom up 1% as demand picks up

Spice for delivery in May edged higher by 0.37%

Sugar up 0.4% on strong demand, lower output

Commodity for delivery in April moved up by 0.37%

Turmeric down 1.7% on weak demand

Spice for delivery in May contract traded lower by 1.63%

FAO: Global food prices at 10-month high in March

Data compiled by the United Nations' Food and Agricultural Organization (FAO) showed its food price index rose 4.8 points to an average 212.8, the highest since May 2013