Page 764 - Commodity News
NAFED procuring oilseeds and pulse crop ruling below MSP
Already 2.33 lakh metric tonne of groundnut has already been procured from Gujarat and Rajasthan as the market prices are ruling below MSP of RS 4,000 per quintal
Coriander declines 1.14% on sluggish demand
Higher arrivals from growing areas also weakens sentiment
 "Coriander declines 1.14% on sluggish demand")
Chana sheds 0.4% on weak demand
Traders offload positions on higher arrivals from producing areas
 "Chana sheds 0.4% on weak demand")
Turmeric futures down 1.7% on increased supply
Traders trim positions on higher arrivals from key producing areas
 "Turmeric futures down 1.7% on increased supply")
Copper down marginally on subdued demand
Feb, April contracts shed about 0.1% each as traders trim positions
 "Copper down marginally on subdued demand")
Silver futures down 0.3% on global cues
Speculators indulged in reducing exposures on weak cues from global markets
 "Silver futures down 0.3% on global cues")
Potato gains by 0.6% on rising demand
High demand amid limited arrivals influenced prices
 "Potato gains by 0.6% on rising demand")
Mentha oil rise 0.2% on pick-up in demand
Speculators created fresh positions, influencing prices
 "Mentha oil rise 0.2% on pick-up in demand")
Gold futures marginally down on weak global cues
Gold prices moved down by 0.10% to Rs 29,851 per 10 grams
 "Gold futures marginally down on weak global cues")
MCX to exit MCX-SX, Dubai commex
Exchange has invited bids for appointing investment advisors
 "MCX to exit MCX-SX, Dubai commex")
NCDEX signs MoU with IPGA
Key focus of pact is to boost trade efficiencies & price discovery, and put India on world map of pulses and grains
 "NCDEX signs MoU with IPGA")
India's 2014/15 natural rubber imports to fall
In 2014/15 demand for natural rubber could rise to 1.01 million tonnes, up 4.1 per cent
 "India's 2014/15 natural rubber imports to fall")
Copper down 0.4% on global cues
Metal for delivery in April fell by 0.36%
 "Copper down 0.4% on global cues")
Lead down 0.3% on subdued spot demand, overseas trend
Marketmen said the fall in lead futures prices was attributed to a subdued demand at domestic markets
 "Lead down 0.3% on subdued spot demand, overseas trend")
Nickel down 0.8% on sluggish demand, global cues
Market analysts said speculators reduced their positions due to sluggish demand from alloy-makers
 "Nickel down 0.8% on sluggish demand, global cues")
Aluminium down 0.2% on global cues
Market analysts said speculators offloaded their positions in tandem with a weak global trend
 "Aluminium down 0.2% on global cues")
Zinc down 0.5% on global cues, sluggish demand
Marketmen said the fall in zinc prices at futures trade was mostly due to subdued spot demand
 "Zinc down 0.5% on global cues, sluggish demand")
Cardamom 0.4% on pick-up in demand
Analysts said fresh positions built-up by speculators due to pick-up in demand in the spot market led to rise in cardamom prices
 "Cardamom 0.4% on pick-up in demand")
Mentha oil down 0.2% on profit-booking
Oil for delivery in March shed 0.18%