Page 833 - Commodity News
Cardamom down 1.2% on profit booking
Spice for delivery in December declined by 0.4%
 "Cardamom down 1.2% on profit booking")
Copper up 0.1% on spot demand
Metal for delivery in far-month February last year contracts edged up by 0.12%
 "Copper up 0.1% on spot demand")
Zinc down 0.1% on overseas trend, subdued demand
Metal for delivery in current month fell by 0.08%
 "Zinc down 0.1% on overseas trend, subdued demand")
Lead down 0.2% on subdued spot demand
Metal for delivery in November declined by 0.02%
 "Lead down 0.2% on subdued spot demand")
Silver futures up 0.4% on global cues
Metal for delivery in far-month March last year rose by 0.3%
 "Silver futures up 0.4% on global cues")
Gold futures up 0.4% on global cues
Metal for delivery in December edged higher by 0.36%
 "Gold futures up 0.4% on global cues")
Oil prices ease ahead of US Fed meeting
The Fed's Federal Open Market Committee (FOMC) kicks off its meeting today
 "Oil prices ease ahead of US Fed meeting")
 "Can a new aluminium smelter do without a coal block?")
UP sugar mills get warning
Executives detained in Bijnor on cane payment arrears, even as millers demand announcement of lower price
 "UP sugar mills get warning")
Stringent gold import norms may be relaxed
Owing to 10% customs duty and import curbs, the govt is expecting gold imports to be below 750 tonnes this year - a drop of 11% from last year
 "Stringent gold import norms may be relaxed")
Poor packaging eats Dussehri's market value
Expert claims the fruit could fetch almost 10 times its current value of Rs 10 a piece to growers with corrugated box packaging
 "Poor packaging eats Dussehri's market value")
Soyabean output estimates revised downwards by 7.5 lakh tonne
Excess rain has hit crop yields
 "Soyabean output estimates revised downwards by 7.5 lakh tonne")
Chilli, jeera rise as demand picks up
Traders said buying support from retailers, stockists due to rising export demand mainly pushed up prices for both commodities
 "Chilli, jeera rise as demand picks up")
Nickel moves up in futures trade as demand picks up
October contract on MCX was up by Rs 4.90 or 0.55% per kg
 "Nickel moves up in futures trade as demand picks up")
Copper weakens on sluggish demand
Copper, internationally, was down before industrial output data from US, China
Lead futures marginally up on spot demand
Demand from lead batter-makers took prices higher today
Coriander gain by 1.7% on spot demand
Speculators enlarged their positions supported by rising demand in the spot markets
 "Coriander gain by 1.7% on spot demand")
Castorseed up by 1.1% on fresh buying
Marketmen said restricted supply and strong demand in physical markets mainly attributed the hike
 "Castorseed up by 1.1% on fresh buying")
Chana up by 2.7% on rising demand
Restricted arrivals of the commodity in the physical market, tracking a pick up in festival demand
 "Chana up by 2.7% on rising demand")
Soybean futures improve on global cues
Marketmen said a firming trend in international markets mainly led the rise in soyabean prices
 "Soybean futures improve on global cues")