Page 791 - Commodity News
Mentha oil up 0.2% as demand picks up
oil for delivery in February moved up by 0.20%
 "Mentha oil up 0.2% as demand picks up")
Coriander up 2% as demand picks up
Spice for delivery in February traded higher by 1.42%
 "Coriander up 2% as demand picks up")
Potato up 0.8% as demand rises
Commodity for delivery in April moved up by 0.7%
 "Potato up 0.8% as demand rises")
Chana down 0.4% on increased supply
Analysts said participants trimmed positions, triggered by increased supplies from producing regions against low demand in the spot market weighed on chana prices
 "Chana down 0.4% on increased supply")
Turmeric up 2.4% on upsurge in demand
Spice for delivery in April gained 1.9%
 "Turmeric up 2.4% on upsurge in demand")
Cardamom up 0.4% rising demand
Spice for delivery in February edged up by 0.13%
 "Cardamom up 0.4% rising demand")
Zinc down 0.6% on subdued demand, global cues
Globally, zinc prices fell 0.9% at the London Metal Exchange
 "Zinc down 0.6% on subdued demand, global cues")
Lead down 0.4% on overseas trend, sluggish demand
Metal for delivery in January shed 0.25%
 "Lead down 0.4% on overseas trend, sluggish demand")
Nickel down 0.2% on weak global markets
Metal for delivery in January eased by 0.14%
 "Nickel down 0.2% on weak global markets")
Silver up 0.2% in futures trade on global cues
Metal for delivery in May traded 0.16%
 "Silver up 0.2% in futures trade on global cues")
Gold futures up 0.7% on global cues
Metal for delivery in February moved up by 0.56%
 "Gold futures up 0.7% on global cues")
Amul plans to sell liquid milk in US in a year
Company will start making yogurt, lassi and curd in New Jersey in a few months
 "Amul plans to sell liquid milk in US in a year")
Sugar output declines 29% in first quarter
Sugar mills have stepped up crushing operations, narrowing down the deficit in the current season's output
 "Sugar output declines 29% in first quarter")
Commexes' turnover declines 36% in nine months
The finance ministry levied CTT of 0.10% from less than 0.2% earlier effective from July 1
 "Commexes' turnover declines 36% in nine months")
 "Egg prices in Andhra may drop after February")
 "Gold, silver gain on increased buying, global cues")
Tariff value of imported gold, silver cut
However tariff value on imported brass scrap has been increased to $3,940 per tonne from $3,930 per tonne
 "Tariff value of imported gold, silver cut")
ICEX decides not to launch fresh contracts until situation improves
ICEX's turnover fell 30.16% to Rs 63,579 cr in the first nine months of the current financial year
 "Consumption growth gives relief to groundnut oil mills")
Aluminium up 0.7% on spot demand
Metal for delivery in February traded higher by 0.27%
 "Aluminium up 0.7% on spot demand")