Page 762 - Commodity News
Cardamom up 1.1% on spot demand
Spice for delivery in March jumped 1.12%
 "Cardamom up 1.1% on spot demand")
Chana up 0.3% on spot demand
Analysts said rising demand in the spot markets mainly influenced chana prices
 "Chana up 0.3% on spot demand")
Potato up 1.4% on upsurge in demand
Commodity for delivery in April traded higher by 0.47%
 "Potato up 1.4% on upsurge in demand")
Oil prices up ahead of US stockpiles report
Analysts will also be monitoring fresh US economic data to assess the impact of months of frigid weather on its tepid recovery
 "Oil prices up ahead of US stockpiles report")
Ethanol blending goes for a toss due to poor response from sugar mills
Second ethanol tender gets poor response as sugar mills find the price offered unviable
 "Ethanol blending goes for a toss due to poor response from sugar mills")
Egg prices fall despite stable demand
In 2013, against an average of Rs 340 for 100 eggs in February, prices fell to Rs 250 in May. During this period, many farmers suffered losses but counted on winter demand to cover the losses
 "Egg prices fall despite stable demand")
Rubber imports fill demand-supply gap
Production was short 88,110 tonnes in April-Jan period
 "Rubber imports fill demand-supply gap")
US consumers demand higher caratage of gold
Indian jewellery exporters see a ray of hope as the country opts for more carats
 "US consumers demand higher caratage of gold")
 "FMC gives freedom to exchanges to fix different transaction fee")
Copper extend weakness on global cues
However, slump in stockpiles caps the losses
 "Copper extend weakness on global cues")
Potato climbs 1.5% on upsurge in demand
Tight arrivals from producing belts contributes to price hike
Nickel rises 0.2% on spot demand, global cues
Pick up in demand from consuming industries helps
 "Nickel rises 0.2% on spot demand, global cues")
Zinc rises 0.24% on global cues
Increased demand from consuming industries supports uptrend
 "Zinc rises 0.24% on global cues")
Cardamom falls 0.63% on sluggish demand
Adequate stocks position in the physical market weighs
 "Cardamom falls 0.63% on sluggish demand")
Chana up 0.3% on spot demand
Speculatos enlarge positions in the commodity
Crude palm oil up 0.3% on rising demand
This, as speculators enlarged their positions
 "Crude palm oil up 0.3% on rising demand")
Mentha oil extend losses, down 0.65% on weak demand
Increased supply from UP also put pressure on prices
 "Mentha oil extend losses, down 0.65% on weak demand")
Oil prices down in Asian trade
Caution set into the market ahead of the release of US economic and stockpiles data
Coconut oil prices at all-time high
Prices to likely ease only by March when supply from TN picks up
 "Coconut oil prices at all-time high")
 "Decommoditisation of steel to underpin success")