Page 805 - Commodity News
Crude palm oil down marginally on weak demand
Traders trim exposure on sluggish overseas trend and build up of inventory at home
 "Crude palm oil down marginally on weak demand")
Potato rises marginally on spot demand
Tuber gains 0.5% as speculators expand positions amid restricted arrivals
 "Potato rises marginally on spot demand")
Cardamom sheds 2% on low demand, high arrivals
Sentiment weakens further as traders book gains at prevailing levels
 "Cardamom sheds 2% on low demand, high arrivals")
Chana weakens by 1% on profit-booking
Increased supply from major producing regions add to pressure in futures trade
 "Chana weakens by 1% on profit-booking")
Oil up in Asian trade
Crude oil continued to rally due to optimistic US economic data which lifted markets
 "Oil up in Asian trade")
SC asks panel to look into steel sector's grievances
The Karnataka govt had earlier told the court, in 2013-14, only 18.118 mt of iron ore would be produced and the following year 22.18 mt. That would leave a shortage of 7.5 mt against a permissible 30
 "SC asks panel to look into steel sector's grievances")
Natural rubber imports fall 4.6%
Output of natural rubber fell 7.1% in Nov
 "Natural rubber imports fall 4.6%")
 "Cotton up on demand, supply shortfall")
Crude palm oil up 0.2% on spot demand
Analysts attributed the rise to to fresh positions created by speculators on rising demand in spot market
Coriander up 2.6% on spot demand
Spice for delivery in December traded higher by 2.5%
 "Coriander up 2.6% on spot demand")
Aluminium down 0.5% on global cues
Metal for delivery in Jan contracts traded lower by 0.4%
 "Aluminium down 0.5% on global cues")
Potato up 2% on pick-up in physical demand
Commodity for delivery in March moved up by 0.39%
Cardamom down 2.6% on profit-booking
Spice for delivery in January fell by 0.6%
Mentha oil up 0.6% on spot demand
Oil for delivery in January edged up by 0.5%
 "Mentha oil up 0.6% on spot demand")
Silver down 0.4% on global cues
In the international market, metal fell by 0.2%
 "Silver down 0.4% on global cues")
Gold down 0.3% on weak global cues
Metal for delivery in April shed 0.27%
 "Gold down 0.3% on weak global cues")
Zinc down 0.2% on global cues, sluggish demand
Metal for delivery in current month fell by 0.17%
 "Zinc down 0.2% on global cues, sluggish demand")
Lead down 0.3% on subdued spot demand, overseas trend
Marketmen said the fall in lead futures prices was attributed to a subdued demand from battery-makers at domestic markets
 "Lead down 0.3% on subdued spot demand, overseas trend")
Nickel down 0.3% on sluggish demand, global cues
Market analysts said speculators reduced their positions due to sluggish demand from alloy-makers in the spot market
 "Nickel down 0.3% on sluggish demand, global cues")