Page 797 - Commodity News
Cardamom down 0.6% on weak demand
Spice for delivery in December fell by 0.4%
 "Cardamom down 0.6% on weak demand")
Potato down 0.7% on adequate stocks, low demand
Commodity for delivery in March declined by 0.62%
 "Potato down 0.7% on adequate stocks, low demand")
Gold futures down 0.1% on weak global cues
Market analysts said a weak trend in the overseas markets put pressure on gold prices
 "Gold futures down 0.1% on weak global cues")
Chana down 0.6% on higher supplies
January contract fell by 0.5%
 "Chana down 0.6% on higher supplies")
Crude oil down 0.2% on global cues
Marketmen said the fall in crude oil futures prices was mostly in line with a mixed trend in Asian trade
 "Crude oil down 0.2% on global cues")
Silver futures down 0.26% on global cues
Metal loses 0.5% in Singapore, as a recovering US economy curbs demand for precious metals as a haven
 "Silver futures down 0.26% on global cues")
Zinc sheds 0.08% on profit-booking
Firm trend in base metals pack including copper at LME limits downside
 "Zinc sheds 0.08% on profit-booking")
Copper gains 0.25% on global cues, spot demand
Metal buoyed by higher offtake from consuming industries, firm trends abroad on fund injection by China's central bank
 "Copper gains 0.25% on global cues, spot demand")
Nickel gains 0.5% on firm demand, global cues
Traders create fresh positions on higher offtake from alloy makers, firmness at LME
 "Nickel gains 0.5% on firm demand, global cues")
Lead up marginally on spot demand, overseas cues
Higher offtake from domestic battery makers, firm trend at LME influence prices at futures trade
 "Lead up marginally on spot demand, overseas cues")
Nickel up 0.5% on firm demand, global cues
An encouraging trend copper and other base metals in the global markets also supported the upside
 "Uninspiring outlook for Indian metals & minerals in 2014")
Rubber growers hail hike in import duty, industry upset
Rubber Board had earlier projected a production of 9,60,000 tones in 2013-14 and consumption at 10,20,000 tones
 "Rubber growers hail hike in import duty, industry upset")
Farmers take a hit as onion prices fall further
Lasalgaon, Pimpalgaon mandis halt auctions to arrest the decline
 "Farmers take a hit as onion prices fall further")
Farmers, industry unhappy with sugarcane SAP for different reasons
Industry says it will further add to the losses
 "Farmers, industry unhappy with sugarcane SAP for different reasons")
Soybean up 2.1% on global cues
February month surged by 1.46%
 "Soybean up 2.1% on global cues")
Potato down 2% on weak demand, adequate stocks
Commodity for delivery in March declined by 1.64%
Cardamom down 1.3% on profit-booking
Spice for delivery in December fell by 1.04%
Crude palm oil up 0.4% as demand picks up
Oil for delivery in December up by 0.3%
 "Crude palm oil up 0.4% as demand picks up")
Mentha oil prices down 0.9% on profit-booking
Oil prices for the January delivery drifted by 0.8%
 "Mentha oil prices down 0.9% on profit-booking")