Page 846 - Commodity News
Silver down 0.3% on global cues
Market analysts said trimming of positions by speculators to book profits and a weak trend overseas attributed fall in silver futures
 "Silver down 0.3% on global cues")
Aluminium down 0.4% on overseas trend
Metal for delivery in November shed 0.26%
 "Aluminium down 0.4% on overseas trend")
Lead down 0.1% on subdued spot demand, global cues
Metal for delivery in October fell 0.08%
 "Lead down 0.1% on subdued spot demand, global cues")
Nickel down 0.3% on weak demand, global cues
Metal for delivery in October down by 0.28%
 "Nickel down 0.3% on weak demand, global cues")
Copper down 0.1% on weak global cues
Metal for delivery in November declined by 0.05%
 "Copper down 0.1% on weak global cues")
Oil prices edge lower on fears of US debt default
Investors are keeping a close eye on the US Senate as it tries to work out a deal to reopen the federal government
 "Oil prices edge lower on fears of US debt default")
Coffee consumption to touch 125,000 tonnes
Domestic consumption growing at rate of 5-6% annually since 2010
 "Coffee consumption to touch 125,000 tonnes")
Base Metals Outlook: Positive sentiments for Copper
Copper in MCX futures platform recorded a new high of Rs 512.70 per Kg by the end of August 2013
 "Base Metals Outlook: Positive sentiments for Copper")
US debt optimism dims gold's glow, but Indian jewellers hope to shine
Prices hit two-month low, stoke hopes of a festive revival in jewellery, metal demand
 "US debt optimism dims gold's glow, but Indian jewellers hope to shine")
Gold prices fall sharply
Gold price on the Multi Commodity Exchange, too, fell by 1.4% to Rs 28,441 for 10 grams
Adverse weather impacts earlier cotton crop estimate
Rains and cyclone in growing regions may cloud ambitious estimate of 40 million bales
 "Adverse weather impacts earlier cotton crop estimate")
Andhra cyclone effect: Cotton prices may rise
As crop damage is feared in AP with heavy rains expected due to cyclone 'Phailin'
 "Andhra cyclone effect: Cotton prices may rise")
India's iron ore exports drop 54% to 6.8 mn tonnes during April-September
Continued ban on exports from Goa and Karnataka contributed largely to the drop in exports
 "India's iron ore exports drop 54% to 6.8 mn tonnes during April-September")
Onion exports fall by 87% in Sept due to govt curbs
Exports were at 150,833 tonne in the year-ago period
 "Onion exports fall by 87% in Sept due to govt curbs")
Chana up 0.9% on high buying activity
Chana prices for delivery in November traded higher by 0.73%
 "Chana up 0.9% on high buying activity")
Mustardseed up 1.3% on renewed buying
Commodity for November contract rose by 1.22%
 "Mustardseed up 1.3% on renewed buying")
Coriander down 1% on adequate supply
Commodity for November delivery declined by 0.97%
 "Coriander down 1% on adequate supply")
Mentha oil up 0.3% on spot demand
Marketmen attributed the rise in mentha oil at futures trade to pick-up in overseas and domestic demand at spot markets
 "Mentha oil up 0.3% on spot demand")
Silver futures down 0.6% on global cues
Market analysts said a weak trend in the Asian region led to the fall in silver prices at futures trade
Gold futures down 0.4% on weak global cues
Metal prices for delivery in December contracts eased by 0.38%
 "Gold futures down 0.4% on weak global cues")