Page 844 - Commodity News
 "World stares at doubling of food prices by 2030")
Sesame seed prices surge on expectation of lower output
Shefexil estimates production at 2,53,000 tonnes due to rains and lower acreage
Vegetable oil import bill likely to be low
In the first 11 months of the current oil year, vegetable oil imports rose 5.5 per cent to 9.7 mt, compared with 9.2 mt in the year-ago period
 "Vegetable oil import bill likely to be low")
Gold jewellery exporters await Christmas sparkle
Moderate recovery in Dec quarter seen but overall weakness to persist till import curbs eased
 "Gold jewellery exporters await Christmas sparkle")
Palasa cashew industry sees Rs 25-cr loss
Industry lost around nine working days due to power cuts, Phailin cyclone
 "Palasa cashew industry sees Rs 25-cr loss")
Gold premiums hit record in India
Banks, the primary dealers of bullion, are currently importing the yellow metal chiefly for exporters
 "Gold premiums hit record in India")
Gold, silver close down on Mumbai spot market
Possible deals in US have had a negative impact on bullion prices
 "Gold, silver close down on Mumbai spot market")
Coriander down 2.9% on adequate supply
Commodity for November delivery declined by 1.53%
 "Coriander down 2.9% on adequate supply")
Mustardseed down 0.6% on profit-booking
Marketmen said profit-taking by traders at existing higher levels brought down the trading sentiments
 "Mustardseed down 0.6% on profit-booking")
Castorseed 1.4% on weak spot sentiments
Current October contract also declined by 0.23%
 "Castorseed 1.4% on weak spot sentiments")
Chana up 0.9% on rising demand
Marketmen said restricted arrivals in the physical market against rising demand influenced the market sentiment
 "Chana up 0.9% on rising demand")
Crude palm oil up 0.2% on spot demand
Marketmen attributed the rise in crude palm oil prices at futures trade to rising demand at spot demand
 "Crude palm oil up 0.2% on spot demand")
Mentha oil down 0.4% on supply pressure
Traders said the fall in mentha prices at futures market was due to offloading of positions
 "Mentha oil down 0.4% on supply pressure")
Cardamom up 1.8% on spot demand
Spice for delivery in November increased by 0.49%
 "Cardamom up 1.8% on spot demand")
Silver down 0.5% on overseas trend
Metal for delivery in December contracts fell by 0.4%
 "Silver down 0.5% on overseas trend")
Gold down 0.3% on weak global cues
Metal for delivery in December shed 0.23%
 "Gold down 0.3% on weak global cues")
Zinc down 0.1% on weak overseas trend
Metal for delivery in November fell by 0.08%
 "Zinc down 0.1% on weak overseas trend")
Copper down 0.1% on global cues, low demand
Metal for delivery in November traded lower by 0.04%
 "Copper down 0.1% on global cues, low demand")
Lead down 0.1% on sluggish demand, overseas trend
Subdued demand, weak trend at LME led to a fall in lead futures prices
 "Lead down 0.1% on sluggish demand, overseas trend")
Nickel down 0.1% on global trends, subdued spot demand
Sluggish demand from alloy-makers at domestic spot markets, weak trend at the LME weighed on nickel prices
 "Nickel down 0.1% on global trends, subdued spot demand")