Page 808 - Commodity News
Lead up 0.2% on spot demand, overseas cues
Metal for delivery in April rose by 0.04%
 "Lead up 0.2% on spot demand, overseas cues")
Copper up 0.3% on strong global cues
Globally, metal for three-month delivery up by 0.4%
 "Copper up 0.3% on strong global cues")
Potato up 2.9% on strong demand
Commodity for delivery in March up by 1.3%
 "Potato up 2.9% on strong demand")
Mentha oil up 0.1% on spot demand
Oil for delivery in January edged up by 0.05%
 "Mentha oil up 0.1% on spot demand")
New Pusa variety to boost Basmati rice exports
Pusa Basmati 1509 was commercialised in kharif sowing season this year for the first time
 "New Pusa variety to boost Basmati rice exports")
Textile, apparel companies reap benefits of revival in exports
Textile exports in last few months have shown good pick up along with increase in cotton yarn exports to China
 "Textile, apparel companies reap benefits of revival in exports")
No ban on shrimp farming: Mpeda
It has recently announced crop holiday as a precautionary measure against the spread of early mortality syndrome
 "No ban on shrimp farming: Mpeda")
WB potato seed prices see sharp rise on poor supply from Punjab
In the last one month potato seed prices have more than doubled from nearly Rs 17 per kg to Rs 50 per kg
NCDEX crude palm oil future sees increased interest from mkt
Total volume in crude palm oil since launch, upto December 2 is Rs 62 crore
 "NCDEX crude palm oil future sees increased interest from mkt")
IBM to give Indian jewellers IT edge
Most of these businesses are family run, moving to IBM would help jewelers build a highly scalable, cost-effective IT structure
 "IBM to give Indian jewellers IT edge")
Copper down 0.1% on global cues
Metal for delivery in three months retreated 0.3% on LME
Subdued pulses price offers households relief from high food inflation
Prices to remain under pressure on bumber rabi output estimates
 "Subdued pulses price offers households relief from high food inflation")
Jeera down 0.5% on sluggish demand, adequate stocks
Spice for delivery in March shed 0.14%
 "Jeera down 0.5% on sluggish demand, adequate stocks")
Turmeric up 0.5% on rising demand
Spice for delivery in April traded higher by 0.3%
 "Turmeric up 0.5% on rising demand")
Sugar down 0.2% on ample supply
Commodity for delivery in December traded lower by 0.1%
 "Sugar down 0.2% on ample supply")
Chana down 0.7% on sluggish demand
Commodity for delivery in January declined by 0.4%
 "Chana down 0.7% on sluggish demand")
Chilli down by 0.7% on sluggish demand
Analysts said the fall in chilli futures was mostly attributed to offloading of positions by speculators
 "Chilli down by 0.7% on sluggish demand")
Coriander up 0.3% as demand picks up
Restricted arrivals from producing regions supported the rise in commodity prices
 "Coriander up 0.3% as demand picks up")
Crude palm oil down 0.2% on subdued demand
Analysts said slackened demand in the spot market against adequate stocks position kept pressure on the commodity