Page 795 - Commodity News
Crude palm oil up 0.1% on spot demand
Oil for delivery in December edged up by 0.07%
 "Crude palm oil up 0.1% on spot demand")
Crude oil down 0.1% on mixed Asian cues
Oil for February delivery moved down by 0.13%
 "Crude oil down 0.1% on mixed Asian cues")
Silver down by 0.7% on global cues
Tracking a weak trend in the precious metals overseas, silver prices
 "Silver down by 0.7% on global cues")
Zinc down by 0.1% on overseas trend
Fall in prices was mostly in line with a weak trend metal at the LME
 "Zinc down by 0.1% on overseas trend")
Copper weakens by 0.1% trade on global cues
Speculators trimmed their positions amid a weak trend in the global markets
 "Copper weakens by 0.1% trade on global cues")
Lead down by 0.3% on overseas cues
Ending settlement and low demand at domestic spot markets also put pressure on metal prices
 "Lead down by 0.3% on overseas cues")
Global coffee exports slide by 9.6% in October
Worldwide coffee shipments stood at 9.38 million bags in same month last year
 "Global coffee exports slide by 9.6% in October")
 "Gold gains on fresh buying by stockists, global trend")
Gujarat sees higher sowing of onion, garlic, cumin
Higher price, export potential tempt state farmers to opt for these commodities this rabi season
 "Gujarat sees higher sowing of onion, garlic, cumin")
Castor seed prices drop 12% on weak export demand
At the spot market, castor price had reached to Rs 920-925 per 20 kg bag last Thursday
 "Castor seed prices drop 12% on weak export demand")
Guarseed sheds 2.4% on weak spot cues
Stockists offload positions on bearish signals from physical market
Cardamom surges 2.04% on rising demand
Traders create fresh positions amid lower arrivals from producing regions
 "Cardamom surges 2.04% on rising demand")
Barley gains 1.35% on fresh buying
Pick up in demand, limited supply in physical market influence futures prices
 "Barley gains 1.35% on fresh buying")
Potato weakens by almost 2% on subdued demand
Traders offload positions on higher arrivals from producing regions and consequent stock build-up
 "Potato weakens by almost 2% on subdued demand")
Coriander sheds 1.7% on low demand
Speculators trim positions on sufficient build-up of inventory
 "Coriander sheds 1.7% on low demand")
Crude palm oil down 0.2% on weak global cues
Market analysts said offloading of positions by speculators in tandem with a weakening global trend mainly led to the fall in crude palm oil prices
Mentha oil down 0.3% on higher supply
Oil for delivery in December declined by 0.24%
 "Mentha oil down 0.3% on higher supply")
Oil prices down ahead of US stockpiles report
Traders are "positioning themselves for the possibility of some good inventory figures"
 "Oil prices down ahead of US stockpiles report")
Onion export floor price halved
Minimum export price further reduced to $150 a tonne
 "Onion export floor price halved")
 "Red gram farmers seek 50% rise in MSP for FY14")