Page 847 - Commodity News
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
 "Silver futures down 0.6% on global cues")
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")
Cardamom rises 2.9% on restricted arrivals, firm demand
Spice for delivery in November increased by 0.7%
 "Cardamom rises 2.9% on restricted arrivals, firm demand")
Crude palm oil down 0.7% on profit-booking
A weak trend in overseas market fuelled the downtrend in crude palm oil futures
 "Crude palm oil down 0.7% on profit-booking")
Crude oil down 0.5% on weak Asian cues
Analysts said fall in crude oil futures was attributed to a weak trend in Asian trade
 "Crude oil down 0.5% on weak Asian cues")
Zinc up 0.1% on spot demand, global cues
Metal for delivery in October traded higher by 0.09%
 "Zinc up 0.1% on spot demand, global cues")
Lead up 0.04% on firm spot demand, global cues
A firming trend in the entire base metal pack at the LME influenced lead prices
 "Lead up 0.04% on firm spot demand, global cues")
Nickel up 0.3% on global cues, firm demand
Metal for delivery in October traded higher by 0.25%
 "Nickel up 0.3% on global cues, firm demand")
Copper up 0.09% on strong global cues, spot demand
Metal for delivery in November traded higher by 0.07%
 "Copper up 0.09% on strong global cues, spot demand")
Oil prices lower in Asian trade
Dealers focused on a US supply glut
 "Oil prices lower in Asian trade")
 "Odisha's rice procurement target pegged at three million tonne")
Indian pepper exports in soup
High price and supply crunch are reasons
 "Indian pepper exports in soup")
BIS to make jewellery certification mandatory in metros
Jewellers have doubts on practicality, feel attempts to sell legitimate items bought elsewhere will be difficult
 "BIS to make jewellery certification mandatory in metros")
Karnataka speeds up spadework to restart the pits
Discusses issues facing Category A and B mines with owners, fast-tracks approvals
 "Karnataka speeds up spadework to restart the pits")
Maize set to glisten on rains
Summer and winter crop expected to total 25 million tonnes, 10% higher than last year's
 "Maize set to glisten on rains")
Rubber imports jump three-fold in Sept on lower global rates
Imports of rubber in September last year stood at 14,779 tonnes
 "Rubber imports jump three-fold in Sept on lower global rates")
Rice procurement target pegged at three million tonne
Out of total target, at least 2.5 MT will be procured by govt procurement agencies