Page 744 - Commodity News
NCDEX launches bajra contract
India contributes to half of global supply of the commodity, also known as pearl millet
 "NCDEX launches bajra contract")
India's crude oil imports up 23% on fuel demand
Refiners see demand for fuel, especially diesel, rising as electioneering picks up for the April-May LS polls
 "India's crude oil imports up 23% on fuel demand")
Jeera up 0.2% on spot demand
Analysts said fresh positions created by speculators supported by a rise in demand in the spot market led to rise in jeera prices
 "Jeera up 0.2% on spot demand")
Sugar up 0.9% on strong summer season demand
Commodity for delivery in May moved up by 0.7%
 "Sugar up 0.9% on strong summer season demand")
Refined soya oil up 0.2% on spot demand
Oil for delivery in April traded higher by 0.15%
 "Refined soya oil up 0.2% on spot demand")
Chana down 0.7% on increased supply
Analysts attributed the fall in chana prices at futures trade to increased supplies from producing belts
 "Chana down 0.7% on increased supply")
Aluminium down 0.1% on global cues
Metal for delivery in the April contract traded lower by 0.14%
 "Aluminium down 0.1% on global cues")
Copper down 0.2% on weak global cues
Metal for delivery in three months on the London Metal Exchange fell 0.5%
 "Copper down 0.2% on weak global cues")
Nickel up 0.8% on global cues, domestic demand
Metal for delivery in March traded higher by 0.74%
 "Nickel up 0.8% on global cues, domestic demand")
Mentha oil up 0.2% on pick-up in demand
Restricted arrivals from producing regions fuelled the uptrend
 "Mentha oil up 0.2% on pick-up in demand")
Cardamom up 2% on upsurge in demand
Spice for delivery in May gained 1.9%
 "Cardamom up 2% on upsurge in demand")
Potato up 0.5% on spot demand
Commodity for delivery in April moved up by 0.2%
 "Potato up 0.5% on spot demand")
Palm oil up 0.6% driven by improvements in demand
Oil for delivery in March traded higher by 0.19%
 "Palm oil up 0.6% driven by improvements in demand")
Coriander up 0.8% on pick-up in demand
Spice for delivery in May gained 0.78%
 "Coriander up 0.8% on pick-up in demand")
Crude prices ease in Asia on profit taking
Traders booked profits after strong gains on positive US economic data and the tensions in Ukraine
 "Crude prices ease in Asia on profit taking")
Jewellery sales on the rise as bullion price falls
Gold price declined more than 3% during the last week to trade at a six-month low of Rs 28,750 per 10g
 "Jewellery sales on the rise as bullion price falls")
 "Iron ore imports see sharp fall in 2013-14")
 "Goa's low-grade ore export faces stiff China pollution hurdle")
Chana down 0.4% on profit-booking
Commodity for delivery in May contract traded lower by 0.45%