Page 806 - Commodity News

Groundnut oil price slip 40 per cent since May

Amid bumper crop production expected to double to 2.6 million tonnes

Gold imports may fall to 500 tonne in 2014: Traders

One of the main reasons for this decline is the huge price differential between international and domestic market: GJF

Gold to rebound after an initial decline

Gold and silver declined by 1.95% and 2.43% respectively in international markets on Friday

Indian 2014 gold imports seen at half usual levels

India is unlikely to ease its import policy or the customs duty until the trade deficit is under control

Gold tumbles on reduced offtake, weak global cues

Silver remained under selling pressure for the fourth straight day and lost Rs 200 to Rs 43,600 per kg

Chana up 0.1% on spot demand

Commodity for delivery in January edged up by 0.13%

Sugar up 0.4% on spot demand

Sweetner for delivery in December gained 0.4%

Chilli up 1.8% on firm demand, tight supply

Analysts said speculators created fresh positions, supported by firm demand in the spot market

Crude palm oil remain weak on subdued demand

Speculators trimmed positions due to subdued spot demand

Cardamom sheds 3.8% on sluggish demand

Speculators reduce holdings on low offtake and stock build-up

Potato rises by 1.1% on spot demand

Pick up in demand amid decline in arrivals from producing region influenced prices

Copper falls by 0.2% on weak global cues

Weak global cues as investors weighed signs of improvement in the US economy led to the fall

Mentha oil declines 0.17% on weak demand

This is due to weak demand from consuming industries in the spot market against higher supplies from producing regions

Lead sheds 0.23% on sluggish demand, global cues

The December contract is down 25 paise, or 0.20%, to Rs 127.75 per kg in 209 lots

Silver futures down 0.97% on global cue

March delivery declined by Rs 319, or 0.94%, to Rs 44,042 per kg in business volume of 562 lots

Gold futures down by 0.5% on global cues

Participants reduced their exposures, tracking a weak trend overseas

Natural rubber prices to be firm in the short run

This is due to the ongoing tense political situation in Thailand, world's largest producer of natural rubber

Global cereal output to rise 8.4%, says FAO

Early prospects for the winter wheat crops already planted in the northern hemisphere, to be harvested in 2014, are mostly favourable

Jewellery companies cut retail stores amid policy restrictions

Kolkata-based Shree Ganesh Jewellery House shuts down 10 retail stores, others set to follow suit

Guar gum exports picking up again

Exports from October were up 85% and in September they were up 30%