Page 785 - Commodity News

Sugar up 0.4% on proposed incentives to sector

Commodity for delivery in January gained 0.18%

Jeera up 0.4% on export demand

Analysts said fresh positions created by speculators driven by exports demand in the spot market mainly led to rise in jeera prices at futures trade

Coriander up 1.5% on strong demand

Spice for delivery in February traded higher by 1.4%

Palm oil up 0.3% on rising demand

On the similar lines, the oil for delivery in January edged up by 0.3%

Potato up 3% on strong demand

Commodity for delivery in March jumped 2.4%

Mentha oil up 0.2% on spot demand

Tight stocks availability in the physical market due to less arrivals from Chandausi in Uttar Pradesh also supported the uptrend

Chana down 0.4% on increased supply

Commodity for delivery in January shed 0.1%

Gold up 0.1% amid positive Asian cues

Metal for delivery in February contracts moved up by 0.07%

Cardamom remains weak, down 0.21% on sluggish demand

Higher arrivals from growing regions, stock pile-up drive down prices in futures trade

Aluminium adds 0.32% on spot demand, global cues

Metal gains 1.5% to $1,981 a tonne on LME

Zinc up 0.12% on overseas cues, spot demand

Speculators enlarge positions as domestic demand picks up

Lead up marginally on strong spot demand, overseas cues

Higher offtake from battery makers, firm trend on LME influence futures prices at home

Nickel extends gains on global cues

Metal adds 0.25% on increased offtake from alloy makers; rises 1.4% to trade at 10-week high on LME

Global pepper market faces tight supply

Fresh arrivals in Vietnam, the largest producer, yet to pick up; output drops expected elsewhere, including in India

SC panel plans auction of 4 mt of iron ore in Goa

In Nov 2013, SC allowed auction of 11.4 mn tonnes of iron ore lying idle at various mine heads and jetties

NCDEX introduces 'Goldhedge' contract

For trading, NCDEX reference price will be excluding of prevailing premiums in spot market and import duty

Cotton output to go up 5% in 2013-14: CAI

The government has pegged the production of cotton at 35.3 mn bales for 2013-14

Jute industry in dock for selling in open market

It's mandatory for govt procuring agencies to pack entire foodgrains and sugar in jute bags

Barley up 2.5% on fresh buying

Marketmen said pick up in demand and fall in supply in physical markets mainly attributed the rise here in barley prices

Coriander up 2.6% on strong demand

Spice for delivery in February shot up by 1.3%