Page 816 - Commodity News

Turmeric down 2% on profit booking

Spice for delivery in April declined by 1.5%

Potato down 0.6% on higher supply

Analysts said fall in potato prices was mostly due to offloading of positions by speculators

Mentha oil up 0.1% on spot demand

Oil for delivery in November gained 0.12%

Cardamom down 0.6% on profit booking

Spice for delivery in January shed 0.24%

Crude palm oil up 1.1% on rising spot demand

Analysts attributed the rise in crude palm oil futures to rising demand at spot demand

Silver futures down 0.6% on global cues

White metal for delivery in December traded lower by 0.63%

Gold futures down 0.4% on weak global cues

Metal for delivery in far-month February last year shed 0.35%

Oil prices ease after Iran talks open

However, signs of rising US demand failed to boost New York's main contract

Gujarat co-op sugar mills operate even on squeezed margins

Unlike UP, Gujarat's sugar sector is led by the cooperative societies, which operate on a no-profit-no-loss basis

Sugar crisis: Call on remedial steps in 8-10 days

Senior ministers met on Wednesday to take stock of the crisis, caused by mounting cane arrears and huge unsold stock

Sugar factories in Karnataka adamantl; farmers in a fix

As opposed to Rs 2,500 per tonne of sugarcane fixed by govt, factories are now willing to pay only Rs 2,000 cr per tonne

Move to sell edible oil loose runs into opposition

Sale of edible oil in loose form could prove to be bug health hazard

Price rises push steel output up 6.6%

Output in China, the top producer and consumer of the alloy, rose 9.2% to 65.1 million tonnes, the data showed

Gold pours into China to meet record demand

Gold shipped from Hong Kong to the mainland, used as a proxy for Chinese demand as bullion imports are a state secret, nearly tripled to 855 tonnes in the year to September

Creamed by costs, dairies pin hopes on value addition

Dairy players claimed that around 2009, farmers had started moving from dairy farming on high prices of fodder and other costs

Cement firms' grip on pricing weakens

Under pressure despite start of peak consumption period

Argi commodity supplies down in MP due to elections: Traders

Farmers take keen interest in election campaign and markets lack funds as it gets diverted to election activities

Gujcomasol's groundnut procurement gets lukewarm response from farmers

Sugar crisis: High level meet today to discuss relief

Interest-free loans likely on agenda

Sugar crisis deepens in UP: 65 private millers notify suspension of operations

State govt says mills should have waited for 2013-14 cane price