Page 825 - Commodity News
Edible Oil Outlook: Short-term spikes may not sustain
Soya oil along with crude palm oil accounts for a large part of India's edible oil consumption, trading as well as imports
 "Edible Oil Outlook: Short-term spikes may not sustain")
Soybean crushing down on low supplies during October
Indian Oil Year starts with the arrivals of new soybean crop in October and goes on till September next year
Lacklustre demand cuts gold premiums by half in a fortnight
The commerce ministry has called a meeting on Monday to discuss tighter norms amid reports of increased round-tripping of gold
 "Lacklustre demand cuts gold premiums by half in a fortnight")
Phailin's delayed kick: Shrimp prices zoom 200% on short supply
Cyclone Phailin hit sea food producers, exporters in Odisha
 "Phailin's delayed kick: Shrimp prices zoom 200% on short supply")
Row over export of fresh vegetables to Saudi Arabia
The fifth-largest importer says pesticide residues higher than permissible levels
 "Row over export of fresh vegetables to Saudi Arabia")
Odisha potato crisis stalks consumers
A lion's share of state's potato requirement is met by supplies from West Bengal
 "Odisha potato crisis stalks consumers")
UP farmers seek higher cane price
Private mills whistle old tune of Rs 240/quintal
 "UP farmers seek higher cane price")
Carpet exports jump 5% in Sept
Exports stood at $69.98 million in Sept last year
 "Carpet exports jump 5% in Sept")
Chana up by 0.5% on spot demand
Commodity for delivery in November traded higher by 0.36%
 "Chana up by 0.5% on spot demand")
Refined soya oil down 0.5% on profit-booking
Oil for delivery in December 0.41%
 "Refined soya oil down 0.5% on profit-booking")
Copper up 0.1% on global cues
Metal for delivery in 3 months rose 0.5% on the London Metal Exchange
 "Copper up 0.1% on global cues")
Nickel up 0.2% on spot demand
Metal for delivery in December edged up by 0.24%
 "Nickel up 0.2% on spot demand")
Zinc higher by 0.3% as demand picks up
Metal for delivery in November edged up by 0.25%
 "Zinc higher by 0.3% as demand picks up")
Silver futures gain 0.4% on spot demand, global cues
Metal for delivery in December traded higher by 0.29%
 "Silver futures gain 0.4% on spot demand, global cues")
Gold futures up 0.1% on global cues
Metal for delivery in December edged up by 0.06%
 "Gold futures up 0.1% on global cues")
Crude palm oil down 0.2% on weak demand
Oil for delivery in December shed 0.12%
 "Crude palm oil down 0.2% on weak demand")
Potato down 0.4% on increased supply
Analysts attributed the fall in potato futures to offloading of positions by speculators
Mentha oil up 0.5% on upsurge in demand
Tight stocks position in the physical market due to lower arrivals from Chandausi in UP also supported the upswing
 "Mentha oil up 0.5% on upsurge in demand")
Cardamom up 2.9% on strong demand
Spice for delivery in December gained 0.41%
 "Cardamom up 2.9% on strong demand")
Oil prices higher in Asian trade
Prices however faced downward pressure from easing supply concerns
 "Oil prices higher in Asian trade")