Page 826 - Commodity News
Oil prices higher in Asian trade
Prices however faced downward pressure from easing supply concerns
 "Oil prices higher in Asian trade")
Cotton yarn exports slow, inventory levels rise
This year, production of cotton yarn expected to be around 4,200 million kg, which is 10% higher than last year
 "Cotton yarn exports slow, inventory levels rise")
Vegetables boil on supply disruptions
Price of onions, tomatoes up fivefold; cabbage triples in past year; experts say storage and processing facilities need investment
 "Vegetables boil on supply disruptions")
Ferrochrome rates to rise in Jan-Mar on China demand
Thus, the price that are hovering around 84-85 cent per pound, could improve by at least 5%
Oilmeals exports in Oct jump three-fold to 3.68 LT
Shipments of oilmeal in the same month last year stood at 1.22 LT
 "Oilmeals exports in Oct jump three-fold to 3.68 LT")
Sugar output in Punjab to touch 4.9 mn quintals
This is an increase of 14% over last year
 "Sugar output in Punjab to touch 4.9 mn quintals")
Chana down 0.3% amid sluggish spot demand
Commodity for delivery in November shed 0.2%
 "Chana down 0.3% amid sluggish spot demand")
Coriander up by 2.1% on spot demand
Spice for delivery in November traded higher by 1.8%
 "Coriander up by 2.1% on spot demand")
Nickel up 0.3% on spot demand, overseas cues
Metal for delivery in November gained 0.29%
 "Nickel up 0.3% on spot demand, overseas cues")
Cardamom up 1.4% on spot demand
Spice for delivery in December edged up by 0.2%
 "Cardamom up 1.4% on spot demand")
Crude palm oil down 0.1% on low demand
Subdued demand in the spot markets against adequate stocks positions kept pressure on crude palm oil prices
 "Crude palm oil down 0.1% on low demand")
Mentha oil up 0.5% on rising demand
Restricted arrivals from Chandausi in Uttar Pradesh also influenced prices
 "Mentha oil up 0.5% on rising demand")
Potato up 1.9% on strong demand, tight supply
Commodity for delivery in April climbed by 1.8%
 "Potato up 1.9% on strong demand, tight supply")
Copper up 0.5% on global cues, spot demand
Globally, copper for delivery in three months climbed 0.4%
 "Copper up 0.5% on global cues, spot demand")
Silver futures weak on global cues; down 0.3%
Metal for delivery in December eased by 0.26%
 "Silver futures weak on global cues; down 0.3%")
Gold down 0.1% in futures trade on global cues
Metal for delivery in far-month February contracts shed 0.01%
 "Gold down 0.1% in futures trade on global cues")
Oil prices mixed in Asia
US crude extended its rebound from five- month lows on stronger demand
India poised to achieve self-sufficiency in pulses
The India Pulses and Grains Association estimates production of kharif pulses at seven mt this year
 "India poised to achieve self-sufficiency in pulses")
Wheat export: FCI to float revised tender on Nov 15
To open new tenders on 15 Nov
 "Wheat export: FCI to float revised tender on Nov 15")
Jaypee Capital exiting NCDEX, plans to return to trading
IDFC Alternative, Oman, Build India pick up stake in exchange
 "Jaypee Capital exiting NCDEX, plans to return to trading")