Page 768 - Commodity News
Silver futures climb over 1% on global cues
Rising trend in precious metals overseas influenced prices
 "Silver futures climb over 1% on global cues")
Oil holds above $100 on strong China lending data
The January lending figure beat analyst estimates
 "Oil holds above $100 on strong China lending data")
Jewellery makers see fall in supply of gold
Fall in gold supply was accentuated by the fact that nominated agencies didn't release the commodity, as they were expecting rationalisation in import duty
 "Jewellery makers see fall in supply of gold")
Gold and silver value surges for the third day
Gold inched up by Rs 5, silver spurted by Rs 1,000
 "Gold and silver value surges for the third day")
Gems and jewellery exports to rise
De Beers hope the surge will be driven by two largest consumers - US and China
 "Gems and jewellery exports to rise")
 "Tea prices drop over poor grade")
 "Palm oil imports fall to lowest in 5 months")
Centre urged to withdraw export duty on pellets
On January 27, 2014 the govt levied 5% export duty on pellets
 "Centre urged to withdraw export duty on pellets")
Refined oil imports rise on inverse duty structure
Surge 58% in first quarter of oil year
 "Refined oil imports rise on inverse duty structure")
Gold hits 3-1/2 month high on favourable US data
Gold surpassed $1,300 an oz to hit $1,319 an oz in the afternoon trade on Friday
 "Gold hits 3-1/2 month high on favourable US data")
Potato falls for third day on higher supply
March, April contracts shed 0.2% each
 "Potato falls for third day on higher supply")
Chana up 0.5% on rising demand
Reports of lower output estimates also influence prices
 "Chana up 0.5% on rising demand")
Mentha oil up 0.24% on increased demand
Higher offtake from consuming industries, limited arrivals from producing regions influence prices in futures market
 "Mentha oil up 0.24% on increased demand")
Crude oil down 0.2% on Asian cues
Sentiment turns weak over concerns of weakening US demand
 "Crude oil down 0.2% on Asian cues")
Lead up 0.3% on spot demand, overseas cues
Higher offtake from battery makers and firm trend on LME influence futures prices
 "Lead up 0.3% on spot demand, overseas cues")
Refined soya oil up 1% as demand rises
Higher offtake due to wedding season buoyed prices for the second day in futures market
Copper up 0.19% on global cues, spot demand
Higher offtake from consuming industries, spurt on LME influence prices of metal at home
 "Copper up 0.19% on global cues, spot demand")
Silver surges in futures trade on global cues
March and May contracts gain more than 1% each; metal gains 1.7% in Singapore
Crude palm oil extend gains on strong demand
Speculators created positions amid strong demand in the spot markets
 "Crude palm oil extend gains on strong demand")