Page 818 - Commodity News

Vietnam pepper output likely to be 150,000 tonnes, India's 45,000

All eyes on the two as their prices would decide market movement

FMC considers nod to trading in short-term delivery contracts

Forward contracts are compulsory delivery contracts, with a duration of seven or 11 days

Coconut oil market heats up, retail price at Rs 110/kg

This is due to the October-December seasonal shortfall in production

Gold reverses from one-week low

Rubber park in Kollam district to be ready by 2015

The park is coming up on 52 acres of land provided by the state industries department with an estimated cost of Rs 16.25 crore

Over 17.5 million tonnes of paddy procured in Punjab and Haryana

Out of the total procurement, 12.53 mn tonnes of paddy was procured from Punjab

Edible oils fall on reduced offtake, global cues

Castor, linseed oils also declined on lack of demand from consuming industries

Silver falls in futures trade on weak global trend

Meanwhile, silver lost 0.8% to $20.24 an ounce, the lowest since Aug 9 in Singapore

Gold futures fall 0.14% on global cues

The precious metal fell 0,4% to $1,270.97 an ounce in Singapore

Cardamom futures extend gains, up 0.21 on tight supply

At the Multi Commodity Exchange, cardamom for delivery in January rose by Rs 1.60, or 0.21 per cent, to Rs 781.80 per kg in a business turnover of 68 lots

Turmeric futures rise 2.80% on pick up in demand

The spice for delivery in November gained Rs 98, or 1.96%, to Rs 5,090 per quintal in 315 lots

Potato futures climb 1.53% on strong demand, tight supply

The potato for delivery in April shot up by Rs 10.30, or 1.20%, to Rs 868 per quintal in 31 lots.

Crude palm oil futures remain weak on subdued demand

Oil for delivery in December traded lower by Rs 1.10, or 0.19%, to Rs 564.90 per 10 kg in 29 lots.

Mentha oil futures remain up on spot demand

At the Multi Commodity Exchange, mentha oil for delivery in November added Rs 2.80, or 0.33%, to Rs 856.70 per kg in business turnover of 203 lots

Aluminium futures rise on spot demand, overseas cues

The metal for delivery in December traded higher by a similar margin at Rs 110.70 per kg in a business volume of 16 lots

Zinc futures rise on overseas cues, spot demand

The metal for delivery in November also rose by 10 paise, or 0.09%, to Rs 115.70 per kg, with a business turnover of 91 lots

Nickel futures up 0.38% on global cues, firm demand

At the Multi Commodity Exchange, nickel for delivery in November gained Rs 3.20, or 0.38%, to Rs 847.20 per kg in business turnover of 482 lots

Lead futures edge down by 0.08%

The metal for delivery in December fell by a similar margin to Rs 129.75 per kg in a turnover of 8 lots

Copper weakens in futures trade on global cues, subdued demand

The metal for delivery in February next year traded lower by Rs 1.40, or 0.31 per cent, to Rs 443.50 per kg in 50 lots

Exports take a coffee break, refuse to inch up

Period from April -November 2013 has seen exports remain flat at about 1.84 lakh metric tonnes from last year