Page 838 - Commodity News
Onion keeps upward march unabated
Trade sources believe that onion price in the outskirt of metro cities have touched Rs 100 a kg which left consumers in a lurch
 "Onion keeps upward march unabated")
Onion prices may remain high for 2-3 weeks: Pawar
He also asked states to crack down on hoarders to help tame the rates
 "Onion prices may remain high for 2-3 weeks: Pawar")
Castorseed up 1.7% on domestic demand
Near November contract rose by 1.41%
 "Castorseed up 1.7% on domestic demand")
Soybean up 2.3% on global cues
Near December contract gained 1.57%
 "Soybean up 2.3% on global cues")
Chana up 1% on rising demand
Commodity for delivery in November moved up by 1.02%
 "Chana up 1% on rising demand")
Refined soya oil up 1% on strong demand
Oil for delivery in November traded higher by 0.75%
 "Refined soya oil up 1% on strong demand")
Turmeric up 1.5% on export demand
Spice for delivery in November went up by 1.17%
 "Turmeric up 1.5% on export demand")
Jeera up 0.7% on rising spot demand
Spice for delivery in December traded up by 0.64%
 "Jeera up 0.7% on rising spot demand")
Crude palm oil up 0.1% on spot demand
Oil for delivery in November traded higher by 0.07%
 "Crude palm oil up 0.1% on spot demand")
Lead down 0.5% on overseas trend
Metal for delivery in the October contracts shed 0.41%
 "Lead down 0.5% on overseas trend")
Copper down 0.6% on weak global cues
Metal for delivery in far-month February last year contracts shed 0.58%
 "Copper down 0.6% on weak global cues")
Potato up 0.4% on tight supply, spot demand
Rising demand in spot markets influenced prices at futures trade
 "Potato up 0.4% on tight supply, spot demand")
Cardamom down 0.6% on subdued demand
Spice for delivery in December traded lower by 0.37%
 "Cardamom down 0.6% on subdued demand")
Mentha oil down 0.1% on subdued demand
Subdued demand in the spot market against adequate stocks position kept pressure on mentha oil
 "Mentha oil down 0.1% on subdued demand")
Gold futures down 0.2% on profit booking
Metal for delivery in December down by 0.12%
 "Gold futures down 0.2% on profit booking")
Silver futures down 0.1% on profit booking
Metal for delivery in March contracts declined by 0.07%
 "Silver futures down 0.1% on profit booking")
Crude oil down 0.4% on overseas cues
Oil for delivery in December traded lower by 0.38%
 "Crude oil down 0.4% on overseas cues")
Oil extends losses in Asian trade
Dealers focused on rising stockpiles that indicate weak demand
 "Oil extends losses in Asian trade")
Respite likely on onion prices next week
Increased harvesting expected to boost supply
 "Respite likely on onion prices next week")
Onion prices will stabilise soon: Delhi govt
Obviously BJP govt's downfall in 1998 attributed to an onion crisis not too distant a memory for Congress camp