Page 767 - Commodity News

Nickel up by 0.3% on spot demand

Speculators enlarged their position on the back of increased demand

Aluminium up by 0.3% on overseas trend

Increased demand at domestic spot markets also influenced prices

Zinc up by 0.5% on overseas cues

A firm global trend and better domestic demand influenced prices

Copper extend gains on global cues, spot demand

Prices rose by another 0.2% to Rs 448.55 per kg

Political opportunism remains bane of sugar sector

Officials say Brazil sugar-cane body UNICA hasn't considered the damage on our sugar economy by imports of 3.1 mt, raw and white combined

No removal of pellet duty worries miners

New investments worth over Rs 35,000 cr likely to be put on hold as no duty relief for pallets

Commexes to cut transaction fee on non-deliverables

Aim to grab MCX share in for non-agri commodities

Gold jumps on no duty cut, jewellers upset

FM supports commodity markets' reforms

Rice stocks gain on relief in service tax

The Finance Minister today announced service tax would be abolished on rice from the staple's loading to storage stage

Gold jumps Rs 465 on global cues; regains key Rs 31K level

Silver adds Rs 900 to Rs 47,900 per kg after rising Rs 2,060 in previous 3 sessions on higher offtake by industrial units and jewellers

Mustardseed slips 1% on selling pressure

Higher arrivals from growing areas, profit booking exert pressure in futures trade

Castorseed falls on weak spot demand

March, June contracts lose 1.24% and 1.68% respectively

Copper gains 0.9% on firm global cues, spot demand

Higher offtake from cosuming industries at home, rise in China's new credit influence futures prices

Lead up 0.84% on strong spot demand, overseas cues

Traders create fresh positions on higher offtake from battery makers at home, firm trend on LME

Crude oil up 0.5% on overseas cues

Traders create fresh positions as commodity gains abroad on higher US offtake, surge in bank lending in China

Potato futures fall 1.1% on reduced offtake

Fall in potato prices was mostly due to offloading of positions by speculators

Aluminium futures rise by 0.57%

At the MCX, aluminium for delivery in February traded up by 60 paise to Rs 106.55 per kg in business turnover of 87 lots

Cardamom rises 0.53% on spot demand

The March spice jumped Rs 4.10, or 0.52%, to Rs 402 per kg, with trading volume of 402 lots

Mentha oil down by 1% on weak demand

Speculators reduced positions on weak spot demand

Gold futures up on firm global cues

Speculators enlarged their positions, driven by a firming trend in the Asian region