Page 779 - Commodity News
Castorseed up 0.5% further on increase buying
Near-March contract advanced by 0.57%
 "Castorseed up 0.5% further on increase buying")
Chana down 0.9% on profit-booking
Commodity for April delivery fell by 0.72%
 "Chana down 0.9% on profit-booking")
Palm oil down 0.7% on weak overseas cues
Traders said offloading of positions by participants due to a weak trend at spot markets following comfortable stocks position led to a fall in crude palm oil prices
 "Palm oil down 0.7% on weak overseas cues")
Potato down 1.5% on adequate stocks, low demand
Commodity for delivery in March declined by 1.46%
 "Potato down 1.5% on adequate stocks, low demand")
Mentha oil up 0.4% as demand picks up
Oil for February contract traded higher by 0.29%
 "Mentha oil up 0.4% as demand picks up")
Oil rebounds in Asia on bargain hunting
Sharp falls stoked by turbulence in global financial markets affected prices
 "Oil rebounds in Asia on bargain hunting")
Govt imposes 5% export duty on iron ore pellets
Good news for steel industry but miners to take a hit
 "Govt imposes 5% export duty on iron ore pellets")
Jewellery sales shoot up on panic buying with old notes
Rise 15%; gold premium down 33% on increased availability in the domestic market
 "Jewellery sales shoot up on panic buying with old notes")
 "Spices exports up 31 per cent during H1, FY14")
 "Turbulent times for Indian iron ore sector")
Kaithal cluster prospers as cottonseed oil demand rises
With their love for snacks and fried food, the people of Gujarat are the largest consumers of cooking oil in India, especially cottonseed oil
Copper up 0.2% as demand picks up
Metal for delivery in February edged up by 0.19%
 "Copper up 0.2% as demand picks up")
Nickel down 0.6% on global cues
Metal for delivery in February declined by 0.57%
 "Nickel down 0.6% on global cues")
28% surge in spices exports, value spurts 46% in Apr-Nov
The mint basket with products such as mint oils, menthol and menthol crystals ruled the roost
Gold up 0.7% on global cues
Metal for delivery in February moved up by 0.51%
 "Gold up 0.7% on global cues")
Coriander down 1.9% on profit-booking
January delivery declined by 1.47%
 "Coriander down 1.9% on profit-booking")
Castorseed up 1% on fresh buying
Commodity for Feb delivery moved up by 0.76%
Barley down 1.9% as speculators trim position
April contract remained in pressure and eased by 0.2%
 "Barley down 1.9% as speculators trim position")
Cardamom up 1.1% on high demand
Delivery in February up by 0.95%
 "Cardamom up 1.1% on high demand")
Palm oil down 0.3% on subdued demand
Market analysts said offloading positions by speculators due to subdued demand in the spot market against adequate supplies