Page 814 - Commodity News
Refined soya oil down 0.9%
Oil for delivery in December shed 0.8%
 "Refined soya oil down 0.9%")
Silver futures down 0.7% on global cues, weak spot demand
White metal for delivery in March 2014 fell by 0.69%
 "Silver futures down 0.7% on global cues, weak spot demand")
Gold down 0.7% on global cues
Metal for delivery in February last year shed 0.62%
 "Gold down 0.7% on global cues")
Zinc down 0.5% on global cues, sluggish demand
Marketmen said the fall in zinc prices at futures trade was mostly in line with a weakening trend in the base metals overseas
 "Zinc down 0.5% on global cues, sluggish demand")
Nickel down 0.2% on sluggish demand, global cues
Metal for delivery in December shed 0.25%
 "Nickel down 0.2% on sluggish demand, global cues")
Aluminium down 0.4% on global cues
Metal for delivery in November traded lower by 0.37%
 "Aluminium down 0.4% on global cues")
Lead down 0.6% on subdued spot demand, overseas trend
Metal for delivery in December shed 0.64%
 "Lead down 0.6% on subdued spot demand, overseas trend")
Copper down 0.2% on global cues
Metal for delivery in February last year fell by 0.25%
 "Copper down 0.2% on global cues")
Crude oil down 1.3% on weak Asian cues
Oil for delivery in January last year moved down by 0.78%
 "Crude oil down 1.3% on weak Asian cues")
Brent crude oil falls more than 2% after Iran deal
The impact of the deal on global oil supply will however be limited since much of the sanctions continue to remain in place
 "Brent crude oil falls more than 2% after Iran deal")
 "Soybean prices gain on low supplies")
Coffee exports in 2013-14 may slip below last year's level
Foreign demand for Indian beans and processed coffee expected to remain strong on the back of weaker rupee
 "Coffee exports in 2013-14 may slip below last year's level")
 "Vegetable oil imports hit a record")
Silver hits 3-month low on global concerns
Gold follows suit on Fed's tapering buzz but capped in India on festive buying, bearish trend to continue in bullion
Under utilisation of gold jewellery capacity is an intended consequence: FM
Says he is fully aware gold jewellery industry will be affected to some extent by curbs on gold imports
 "Under utilisation of gold jewellery capacity is an intended consequence: FM")
Rabi sowing up, to gain momentum in coming weeks
until Nov 22, total area under rabi crop stood at 31.42 mn hectare vs 29.43 mn hectare in corresponding period
Base metals soften on weaker Chinese data
Short-term movements aside, trend unlikely to change, with the sombre global economic sentiment
 "Base metals soften on weaker Chinese data")
Shrimp prices fall 15% on weak demand
Odisha produces Black Tiger shrimp, a major export value item that has a significant demand in Japan, UK and US
 "Shrimp prices fall 15% on weak demand")
Onion exports down 86% to 22,000 tonnes in Oct
Onion exports stood at 1,54,957 tonnes in October 2012
 "Onion exports down 86% to 22,000 tonnes in Oct")
Gold softens on poor offtake, silver drops
The industrial metal also dropped further on lack of industrial demand
 "Gold softens on poor offtake, silver drops")