Page 841 - Commodity News

Copper up 0.4% on spot demand

Metal for delivery in February last year edged up by 0.41%

Lead up 0.9% on spot demand, global cues

Metal for delivery in November gained 0.86%

Crude oil up 0.2% on firm overseas cues

Analysts attributed the rise in crude oil futures to a firming trend in Asia

Crude palm oil up 0.4% on spot demand

Market analysts said fresh positions created by speculators after pick up in demand in the spot market helped crude palm oil prices to trade higher

Cardamom down 0.3% on profit booking

Spice for delivery in December traded lower by 0.21%

Mentha oil up 0.3% on export, domestic demand

Tight supplies in the physical market supported the uptrend

Silver up 1.2% in futures trade on global trend

Metal for delivery in March 2014 contracts traded higher by 1.12%

Gold up 0.7% in futures trade on Asian cues

Rising demand in the domestic spot markets supported the rise

Oil prices up as investors await delayed US data

Dealers await long-delayed US economic data for clues about the health of the world's largest crude consumer

New tea tourism policy not practical: DTA

Tea estate owners claim new policy is neither practical nor much different from the existing one

Increasing industrial use of rubber vital: Anand Sharma

Says country would slip to fifth or sixth positions if industrial and commercial use of rubber was not enhanced

Onion prices soar on reduced arrivals

On Sept 17, onion prices had touched an all-time high of Rs 5,501 a quintal. On Oct 10, these fell to Rs 2,750 a quintal

Gold's safe haven value to stay awhile

With US uncertainty not resolved but only postponed by a few months, rally in metal's prices seems likely to go on

Govt turns to rubber to rehabilitate left wing extremists

Plans to initiate rubber plantation is AP, Chhattisgarh, Jharkhand, Maharashtra, Odisha and Assam

MSP for jute to be around Rs 2,350-2,400 for 2014-15

Estimated 9.5-10 million bales of raw jute expected to be produced this year

Sugar up 0.1% on spot demand

Sweetener for delivery in November edged up by 0.07%

Refined soya down 0.3% on subdued demand

Analysts said speculators reduced their positions on sluggish demand in the spot market against adequate stocks position

Potato up 0.1% on good spot demand

Analysts said speculators enlarged their positions, supported by good demand in the spot market, influenced potato prices

Chana down 0.1% on higher supply

Commodity for delivery in October weakened by 0.07%

Nickel up 0.2% on spot demand

Market analysts said speculators enlarged their positions after pick up in demand from alloy-makers led to rise in nickel prices