Page 827 - Commodity News
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")
Gold imports to decline by 41% this year: MMTC chief
Gold is being sold at a high premium due to supply crunch following govt restrictions on imports
 "Gold imports to decline by 41% this year: MMTC chief")
Sluggish growth in Rubber import in October
Monthly rise 81%, compared to 208% in September
 "Sluggish growth in Rubber import in October")
Silver futures up 0.1% on spot demand
Metal for delivery in March edged up by 0.06%
 "Silver futures up 0.1% on spot demand")
Gold futures trade higher by 0.1% on global cues
Metal for delivery in December traded higher by 0.06%
Sugar up 0.5% on spot demand
Sweetener for delivery in December traded lower by 0.1%
 "Sugar up 0.5% on spot demand")
Potato up 0.2% on rising demand in spot markets
Commodity for delivery in April traded higher by 0.04%
 "Potato up 0.2% on rising demand in spot markets")
Chana up 0.4% as demand picks up
Commodity for delivery in December traded higher by 0.41%
 "Chana up 0.4% as demand picks up")
Crude oil up 0.2% on overseas cues
Market analysts said the rise in crude oil futures was attributed to a firming trend in Asia ahead of US stockpiles report
 "Crude oil up 0.2% on overseas cues")
Crude palm oil down 0.3% on low demand
Oil for delivery in December traded lower by 0.27%
 "Crude palm oil down 0.3% on low demand")
Refined soya oil up 0.4% on spot demand
Oil for delivery in December traded higher by 0.31%
 "Refined soya oil up 0.4% on spot demand")
Cardamom down 0.8% on sluggish demand
Spice for delivery in November shed 0.74%
 "Cardamom down 0.8% on sluggish demand")
Mentha oil up 0.1% on strong demand
Oil for delivery in November edged up by 0.08%
 "Mentha oil up 0.1% on strong demand")
Oil prices rise ahead of US stockpiles report
Prices however faced pressure from US demand fears and speculation over the future of the Federal Reserve's stimulus programme
 "Oil prices rise ahead of US stockpiles report")
Day after MEP rise, onion prices show mixed trend
Officials said actual impact will be felt once traders return from Diwali holidays
 "Day after MEP rise, onion prices show mixed trend")
 "Indian ferrochrome makers queasy as China ups capacity")
Tea production rises by 53 million kg in first 9 months: ITA
In the Jan-Sept 2013 period, tea production touched 861.57 mn kg as compared to 807.96 mn kg in the same period of 2012
 "Tea production rises by 53 million kg in first 9 months: ITA")
Southern cement firms opt for output discipline
Demand sluggish, prices to remain under pressure for a few months
 "Southern cement firms opt for output discipline")
Rice exports seen at 11 mt, says USDA
USDA has also revised upwards the rice export estimates for MY 2013-14 to 10 million tonnes from 9.3 million tonnes
 "Rice exports seen at 11 mt, says USDA")
Titan's gold inventory woes continue
Company has its gold requirements fulfilled only until November 2013
 "Titan's gold inventory woes continue")