Page 794 - Commodity News
Nickel down 0.4% on global cues
Metal for delivery in January shed 0.40%
 "Nickel down 0.4% on global cues")
Zinc down 0.6% on profit-booking, global cues
Metal for delivery in current month traded lower by 0.38%
 "Zinc down 0.6% on profit-booking, global cues")
Crude palm oil down 0.1% on low demand
Oil for delivery in December traded lower by 0.09%
 "Crude palm oil down 0.1% on low demand")
Coriander up 4% on rising demand
Spice for delivery in February jumped up by 3.9%
 "Coriander up 4% on rising demand")
Mentha oil down 0.1% on profit-booking
Oil delivery in January traded lower by 0.02%
 "Mentha oil down 0.1% on profit-booking")
Cardamom down 0.3% on low demand, higher supply
Spice for delivery in January shed 0.2%
 "Cardamom down 0.3% on low demand, higher supply")
Oil prices flat as year draws to a close
Comments from the Libyan national oil company that some operations in the country had resumed also affected prices
Gold futures down by 0.2% on global cues
Participants offloaded positions partially, taking weak cues from the global market
 "Gold futures down by 0.2% on global cues")
 "Time to build a two-mt strategic sugar reserve")
Gold jewellery import dips
Govt clamps have resulted in 93% decline in April-November
 "Gold jewellery import dips")
Soybean supplies reduced to half in a month
Madhya Pradesh is the number one producer of soybean in India followed by Maharashtra and Rajasthan
 "Soybean supplies reduced to half in a month")
Jewellers offering gold exchange scheme step up due diligence
With gold smuggling rising, jewellers have to be sure of the source of the gold being exchanged
 "Jewellers offering gold exchange scheme step up due diligence")
Customers exchanging gold have jewellers on guard
Increased import duty of 10%, an all time high, has led to rampant increase in inflow of illicit gold into country
 "Customers exchanging gold have jewellers on guard")
Coriander up 3.4% on strong demand
Spice for delivery in February shot up by 3.15%
Sugar up 0.1% on spot demand
Analysts said rising demand in the spot markets mainly supported the upside in sugar prices at futures trade
Refined soya oil up 0.3% on spot demand
Oil for delivery in January traded higher by 0.25%
 "Refined soya oil up 0.3% on spot demand")
Jeera up 0.4% as demand picks up
Spice for delivery in April gained 0.38%
 "Jeera up 0.4% as demand picks up")
Mentha oil up 0.1% on spot demand
Oil for delivery in January inched up by 0.05%
Nickel up 0.3% on higher demand
Market analysts said rising demand from alloy-makers at the spot markets influenced nickel prices
Aluminium up 0.1% on spot demand, short-covering
Metal for delivery in January contracts traded 0.09%
 "Aluminium up 0.1% on spot demand, short-covering")