Page 850 - Commodity News

Pellet makers get ready to call shots

Pelletisation capacity is set to increase 75 per cent to 84 million tonnes in the country in three years

Rise in rail freight rates sets steel prices in locomotion

The Delhi-based company has raised prices of some grades, mostly in the flat segment, by Rs 500-1,500 a tonne

Rubber imports surge 208% in Sep

Global price advantage makes import viable to industries

Candy for cooperatives, sweet nothings for private mills

Former poised for crushing; latter remain in gridlock with state

Monsoon, weddings to light up gold demand

After a dull third quarter, World Gold Council bets on pick-up in fourth

Gold demand in Dec quarter can jump 15 percent - WGC

Some market participants say the excess demand could be met by smuggled gold, which has risen substantially after import curbs were imposed

Gems, jewellery exports drop 10.25% in August

In August 2013, the exports of gold medallions and coins and gold jewellery have witnessed a sharp decline of 99% and about 47%, respectively

Tablets will comprise half of 1st-time comp purchases by 2017: Gartner

Research firm also said smartphones, tablets and ultra mobile PCS will account for over 80% of spending on devices during the same period

Soyameal exports to Iran jump 85% to 9.64 lakh tonnes

Shipments to Iran during last year stood at 5.22 lakh tonnes: SOPA

Maize down 1.6% on rising inventories

December contract weakened by 1.53%

Castorseed down 1.7% on profit booking

Marketmen said selling pressure at existing higher levels pulled down prices

Coriander up 3.6% on spot demand, tight stocks

Spice for delivery in November traded higher by 3.26%

Cardamom tumbles 3% on profit booking

Increased arrivals from the producing regions put pressure on the cardamom prices in futures trade

Crude palm oil up 0.6% on spot demand, global cues

Oil for November delivery increased by 0.6%

Mentha oil up 0.5% on export, domestic demand

Marketmen attributed the rise in mentha oil at futures trade to pick-up in overseas and domestic demand at spot markets

Silver futures down by 0.3% on Asian cues

Market analysts said the fall in silver prices at futures trade was mostly in tandem with subdued trend in the Asian region and profit booking by speculators

Gold up 0.2% on firm global cues, spot demand

Analysts attributed gains in the precious metal at futures trade to a firm trend in overseas markets

Nickel up 0.3% on firm overseas trend

Metal for delivery in November moved up by 0.19%

Mustard crop to be mapped through satellites

If the pilot project is successful, it will be expanded to other crops too

Zinc falls by 0.2% on subdued demand

Speculators trimmed positions tracking low demand in domestic spot markets even as metal firmed in the global market