Page 807 - Commodity News
Refined soya oil down 0.6% on sluggish demand
Oil for delivery in December shed 0.61%
 "Refined soya oil down 0.6% on sluggish demand")
Crude oil down 0.4% on global cues
Oil prices for January moved down by 0.3%
 "Crude oil down 0.4% on global cues")
Cardamom down 0.4% on profit-booking
Spice for delivery in January shed 0.3%
 "Cardamom down 0.4% on profit-booking")
Crude palm oil down 1.1% on sluggish demand
Oil for delivery in December declined by 0.9%
 "Crude palm oil down 1.1% on sluggish demand")
Mentha oil up 0.3% on rising demand
Oil for delivery in December gained 0.31%
 "Mentha oil up 0.3% on rising demand")
Potato down 0.5% on higher supply, low demand
Commodity for delivery in April traded down by 0.09%
 "Potato down 0.5% on higher supply, low demand")
Copper down 0.8% on weak global cues
Analysts attributed the fall in copper futures to weak global cues
 "Copper down 0.8% on weak global cues")
Lead down 0.5% on global cues, subdued spot demand
Weak trend, subdued demand supported the downside
 "Lead down 0.5% on global cues, subdued spot demand")
Silver futures down 1% on lower global trend
Metal for delivery in current month declined by 0.8%
 "Silver futures down 1% on lower global trend")
Gold futures down 1.2% on weak global cues, strengthening rupee
Metal for delivery in far-month February traded 0.7%
 "Gold futures down 1.2% on weak global cues, strengthening rupee")
Cotton arrivals drop 35% as farmers await better price
Cotton production expected to increase, prices drop from beginning of season
 "Cotton arrivals drop 35% as farmers await better price")
Coffee exports up 29%
India exported 39,800 tonnes of coffee in October and November this year as against 30,859 tonnes in same period last year
 "Coffee exports up 29%")
De Beers to explore greater market access in India
To discuss with industry on linking rough diamond price with polished diamonds
 "De Beers to explore greater market access in India")
Odisha faces Opposition ire over distress sale of paddy
Farmers forced to sell paddy at Rs 800 to Rs 900 per quintal against Centre-fixed MSP of over Rs 1,300
 "Odisha faces Opposition ire over distress sale of paddy")
Gems, jewellery exports glitter in October, up 21.8%
In October 2012, these exports stood at $2.7 billion: GJEPC
 "Gems, jewellery exports glitter in October, up 21.8%")
Crude palm oil up 0.4% on spot demand, global cues
Oil for December delivery gained 0.3%
Chilli down 2.3% on weak demand
Analysts said offloading of positions by speculators driven by weak spot demand influenced chilli prices
 "Chilli down 2.3% on weak demand")
Sugar down 0.3% on higher supply, low demand
Sweetener for delivery in December shed 0.2%
 "Sugar down 0.3% on higher supply, low demand")
FMC scraps 10% special margin on guarseed/gum futures
Special margin was imposed on Sept 11 when prices of guarseed rose to as high as Rs 7500 per quintal level
 "FMC scraps 10% special margin on guarseed/gum futures")
Crude oil up 1.2% on overseas cues
Market participants said the rise in crude oil futures was attributed to a firming trend in Asia