Page 787 - Commodity News
Copper up by 0.2% on strong global cues
Besides, pick up in demand at the domestic market also supported the upside
 "Copper up by 0.2% on strong global cues")
Oil prices down in Asian trade
There were concerns that disappointing US jobs data could affect demand in the world's biggest economy
 "Oil prices down in Asian trade")
Trading desk mulled for oil
Govt looking at this route instead of the contract one
 "Trading desk mulled for oil")
FMC to implement FSLRC norms
Wants exchanges to identify separate category of retail investors and ensure their protection
 "FMC to implement FSLRC norms")
Gold up 5% in three weeks, outlook cautious
Rebounds from three-and-a-half-year low to trade at $1,200 levels
 "Gold up 5% in three weeks, outlook cautious")
Jeera exports may cross 100,000 tonnes this year
Industry sources say good quality and lower price have lured countries to India
 "Jeera exports may cross 100,000 tonnes this year")
Gold, silver imports dip 68.8% in December
Imports in December 2012 stood at $5.6 billion
 "Gold, silver imports dip 68.8% in December")
Refined edible oil import duty increase to help refineries
Operating capacity and margins to go up which they may pass on farmers for better realisation of seeds
 "Refined edible oil import duty increase to help refineries")
Gujarat farmers seek MSP for castorseed
Area under castor seed is shrinking due to non-remunerative farming
U'khand brings fruits, vegetables out of APMC ambit
Model APMC Act has been adopted by 16 states while Kerala and Manipur do not have AMC Market concept
 "U'khand brings fruits, vegetables out of APMC ambit")
Zinc down 0.2% on low demand
Metal for delivery in January fell 0.24%
 "Zinc down 0.2% on low demand")
Silver down 0.3%
Metal for delivery in May declined by 0.31%
 "Silver down 0.3%")
Mentha oil up 0.5% as demand picks up
Oil for January contract traded higher by 0.51%
 "Mentha oil up 0.5% as demand picks up")
Palm oil down 0.7% on weak overseas cues
Traders said offloading of positions by participants due to a weak trend at domestic spot and overseas markets, led to a fall in palm oil prices
Cardamom up 1.7% on strong demand
Spice for delivery in February traded higher by 0.5%
 "Cardamom up 1.7% on strong demand")
Potato down 1.3% on weak demand, adequate stocks
Commodity for delivery in April declined by 1.32%
 "Potato down 1.3% on weak demand, adequate stocks")
Copper falls by 0.4% on profit-booking
Analysts attributed the fall in copper futures to trimming of positions by speculators
Nickel down on subdued domestic demand
Fall in prices was mostly attributed to off-loading of positions by speculators
 "Nickel down on subdued domestic demand")
Crude oil rise on firm overseas cues
Speculators created fresh positions, tracking a firming trend in Asia
 "Crude oil rise on firm overseas cues")
Oil rebounds from eight-month lows
Bargain hunting and concerns over the intensifying conflict in South Sudan influenced prices