Page 834 - Commodity News

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

Castorseed up by 1.1% on fresh buying

Marketmen said restricted supply and strong demand in physical markets mainly attributed the hike

Chana up by 2.7% on rising demand

Restricted arrivals of the commodity in the physical market, tracking a pick up in festival demand

Soybean futures improve on global cues

Marketmen said a firming trend in international markets mainly led the rise in soyabean prices

Potato 1.1% on subdued demand

Traders offloaded their holdings at existing higher levels tracking subdued demand in spot market on falling demand

Mentha oil rises 0.5% on spot demand

Speculators engaged in creating positions amid firm domestic as well as export demand

Crude palm oil up on spot demand

Marketmen attributed the rise in crude palm oil prices at futures trade to rising demand at spot demand

Cardamom up by 2.1% on spot demand

Tight stocks position in the spot market following lower arrivals from producing regions also influenced prices

Copper weakens on global cues, subdued demand

Weak global trend before industrial output data from the US affected prices

Gold futures down on weak global cues

Participants reduced their positions largely in tandem with a weak trend overseas amid profit booking

Crude oil down 0.25% on Asian cues

Speculators reduced exposures amid a subdued trend in Asian trade

Choose silver over gold this Diwali

Given prices of the latter are at an all-time high, it makes sense to opt for cheaper precious metals

Iraq oil exports plunge to 19-month low: Ministry

Maintenance and improvement projects at the country's ports led to the decline

Rice mills oppose Karnataka govt's new levy order

There are 1,800 rice mills in Karnataka which have been asked to supply rice at subsidised rates

Dhanteras: Gold may cross Rs 33,000 level on supply squeeze

Currently, gold prices are ruling at Rs 32,570 in the national capital and around Rs 31,700 in Mumbai, trade data showed

Cane price dispute may hamper sugar export efforts

Farmers in top sugar producing states demand more money for their cane, while already cash-strapped millers want to cut prices in sync with falling market prices

Jewellery sales to remain up this festive season

Demand has remained lackluster in the last 4-5 months owning to the slowing economic

Jewellers introduce attractive offers to gain sales this festive season

Expect sales to remain flat due to shortage of gold, weak sentiment

Agri ministry proposes import duty on pulses

The proposal, for a steep hike in range of 20-30%, is being discussed with revenue dept