Page 799 - Commodity News
Lead up 0.1% on spot demand, overseas cues
Metal for delivery in January rose by 0.07%
 "Lead up 0.1% on spot demand, overseas cues")
Copper up 0.1% on global cues, spot demand
Metal for delivery in April edged up by 0.02%
 "Copper up 0.1% on global cues, spot demand")
Oil prices slip on profit-taking
The Fed's decision to begin easing its massive stimulus programme affected prices
 "Oil prices slip on profit-taking")
Metals fall on Fed's tapering decision
Base metals to rebound, supply fear may hold bullion going forward
 "Metals fall on Fed's tapering decision")
Domestic steel industry feels the heat of iron ore price rise
Steel industry margins have come under pressure owing to high cost of iron ore
 "Domestic steel industry feels the heat of iron ore price rise")
Country's iron ore exports fall 43.5% during April-October
Overall this fiscal, iron ore exports likely to be in range of 14 MT, a drop of close to 25% over previous fiscal
 "Country's iron ore exports fall 43.5% during April-October")
Paddy arrival picking up in Chhattisgarh
About 2.3 million tonnes of paddy has arrived in the societies
 "Paddy arrival picking up in Chhattisgarh")
Lead down 0.1% on subdued spot demand
Metal for delivery in January shed 0.07%
Copper down 0.1% on global cues
Metal for delivery in February shed 0.05%
Chana down 0.2% on sluggish demand
Analysts said sluggish demand in the spot market against on increased supplies from producing regions kept pressure on chana prices
 "Chana down 0.2% on sluggish demand")
Refined soya oil up 0.6% on good spot demand
Oil for delivery in January gained 0.4%
 "Refined soya oil up 0.6% on good spot demand")
Silver futures plunge 1.7% on lower global trend
Metal for delivery in May moved down by 1.6%
 "Silver futures plunge 1.7% on lower global trend")
Gold down 0.4% on global cues
Market analysts said speculators offloaded their positions in tandem with a weak global trend
 "Gold down 0.4% on global cues")
Potato up 0.4% on spot demand
Commodity for delivery in far-month April edged up by 0.19%
 "Potato up 0.4% on spot demand")
Cardamom down 0.9% on profit-bookings
Spice for delivery in February traded lower by 0.7%
 "Cardamom down 0.9% on profit-bookings")
Crude palm oil up 0.5% as demand picks up
Oil for delivery in December traded higher by 0.4%
 "Crude palm oil up 0.5% as demand picks up")
Global Cues: Food, non-food prices may remain flat in next one year
The report showed that price of wheat in the international market is expected to be around $240-260 per tonne
 "Global Cues: Food, non-food prices may remain flat in next one year")
Traders allegedly over-invoicing jewellery from Hong Kong
Import of jewellery from Hong Kong attracts no duty in India, due to a free trade agreement
 "Traders allegedly over-invoicing jewellery from Hong Kong")
Ruling most severe on Jignesh
Says he was the 'highest beneficiary' of NSEL fraud, has proven unfit to handle affairs of any exchange
 "Ruling most severe on Jignesh")
All eyes on Sebi after FMC's decision on FT
FMC says FT, Jignesh Shah and Joseph Massey don't meet 'fit and proper' criteria to operate an exchange
 "All eyes on Sebi after FMC's decision on FT")