Page 745 - Commodity News

Chana down 0.4% on profit-booking

Commodity for delivery in May contract traded lower by 0.45%

Sugar up 0.3% on increased summer season demand

Commodity for delivery in May contract gained 0.2%

Zinc up 0.1% as demand picks up

Metal for delivery in April edged up marginally by 0.04%

Turmeric down 1.8% on sluggish demand

Spice for delivery in May lost 1.56%

Nickel up 0.1% on increased demand

Metal for delivery in April contract edged up by 0.16%

Copper up 0.1% on positive global cues

Increased demand from consuming industries in the spot market supported the uptrend

Cardamom sheds 0.5% on subdued demand

Speculators trim positions as inventories pile up; May contract holds steady

Mentha oil extends losses on profit-booking

The commodity sheds 1% on weak demand fro consuming industries in the spot market

Potato futures fall 0.34% on higher supply

Speculators trim positions on low spot demand, higher arrivals from key growing areas

Gold hits six-month low on heavy selling

Investors lose risk appetite for the precious metal, skew investment towards equity

Sugar output seen jumping as subsidy boosts exports

Production may gain 5% to 25 mn metric tons in the harvesting season starting Oct 1

Govt reduces potash subsidy; to save Rs 900 cr

Cabinet decides to lower subsidy on potash taking into consideration fall in international prices

India targeting spices exports of $2.3 bn in FY14

Total volume of spices and spices products exported in the nine month period of April-December 2013 was 5,71,680 tonnes

Ruchi Soya expects sunflower oil imports to hit record high

Palm oil imports to drop significantly

Sugar up 0.6% on seasonal demand

Analysts attributed the persistent rise in sugar prices at futures trade to increased offtake by bulk consumers

Potato up 0.6% on spot demand

Commodity for delivery in April edged up by 0.2%

Refined soya oil up 0.5% as demand picks up

Oil for delivery in April moved up by 0.4%

Mentha oil down 0.9% on higher supply, low demand

Oil for delivery in March moved down by 0.84%

Cardamom up 1% on strong demand

Spice for delivery in April traded higher by 0.54%

Palm oil down 0.1% on profit-booking

Analysts said besides profit-booking by speculators at existing levels, sluggish demand in the spot market influenced the oil prices