Page 761 - Commodity News
Potato up 1.9% on strong demand, tight supply
Commodity for delivery in March moved up by 1.46%
 "Potato up 1.9% on strong demand, tight supply")
Palm oil down 0.5% on weak spot demand
Oil for delivery in February traded lower by 0.39%
 "Palm oil down 0.5% on weak spot demand")
Mentha oil down 0.3% on sluggish demand
Oil for delivery in February contract shed 0.29%
 "Mentha oil down 0.3% on sluggish demand")
Cardamom down 0.6% on profit-booking
Spice for delivery in March contract shed 0.56%
 "Cardamom down 0.6% on profit-booking")
Nickel strengthens 0.2% on spot demand
Metal prices for delivery in March contracts traded higher by 0.16%
 "Nickel strengthens 0.2% on spot demand")
Copper up 0.1% on global cues, spot demand
Pick-up in demand at spot markets supported the upside
 "Copper up 0.1% on global cues, spot demand")
Dairy sector upbeat on revenue growth in FY14
Expects margins to improve by 10-12%
 "Dairy sector upbeat on revenue growth in FY14")
India is largest shrimp exporter to US
The premium quality of Indian shrimps attracted importers in the US market
 "India is largest shrimp exporter to US")
Hybrid seeds new growth area in agro-chemicals
Companies aim breeding new varieties of self-immunity seeds to reduce uses of agrochemicals
MCX, NCDEX try to grab each other's market shares
Both comexes account for over 95% of commodity futures trading business in India
 "MCX, NCDEX try to grab each other's market shares")
 "Onion dehydration units in Gujarat doing brisk business")
Onion price rises 50% in 2 weeks
Farmers reduce supply in tune with price fall, come back with price rise
 "Onion price rises 50% in 2 weeks")
 "FMC might link trade positions with open interest")
 "Gold rises to 4-month high on doubts over US economy")
Weak rupee and demand slump pull down India's coal import growth
The country imported 131 MT between April and January this fiscal
 "Weak rupee and demand slump pull down India's coal import growth")
Gold down 0.3% on weak global cues
Market analysts said a weak trend in the overseas markets due to subdued physical demand at higher levels mainly put pressure on gold prices
 "Gold down 0.3% on weak global cues")
Silver down 0.3% on global cues
Market analysts said a subdued trend in the precious metals overseas due to weaker physical demand at prevailing higher levels, attributed the fall
 "Silver down 0.3% on global cues")
Copper down 0.2% on global cues
Metal for delivery in February shed 0.12%
Nickel up 0.1% on spot demand, global cues
Metal for delivery in February gained 0.14%
Coriander up 1.6% on spot demand
Spice for delivery in May traded higher by 1.62%
 "Coriander up 1.6% on spot demand")