Page 852 - Commodity News

Groundnut production to quadruple in Gujarat: SOMA

The association estimates about 2.40 mn tonnes groundnut production this year as against 600,000 tonnes in previous year

Andhra stir worries sea food exporters in state

The exporters are concerned as the shipments are to be dispatched by October 30 to meet the Christmas demand in the USA and European countries

Liquidity crisis forces diamond units to cut output by half

Oilmeal exports up 104% in September

In the month, India exported 294,830 tonnes of oilmeal compared to 144,787 tonnes in year ago period

Small sugar eases on poor demand

Trend due to reduced offtake from stockists amid ample supply from mills

Soyameal exports fall 4% in marketing year 2012-13

Shipments of soyameal during last year stood at 36.23 lakh tonnes: SOPA

Chana up 1.5% on rising demand

Chana prices for delivery in October traded higher by 1.41%

Soybean up 1.6% on global cues

Marketmen said traders enlarging their positions influenced by a firming global trend, pushed up soybean prices at futures market

Mentha oil down 0.9% on profit-booking

Oil for delivery in November declined by 0.84%

Cardamom up 0.9% on spot demand

Tight stocks position in the spot market on lower arrivals from producing regions influenced prices

Crude palm oil up 0.8% on spot demand

A firming trend in the overseas markets influenced crude palm oil prices at futures trade

Coriander up 2.4% on spot demand

Spice for delivery in October traded higher by 2.31%

Silver up 0.7% on global cues

Analysts said a firming trend in precious metals in the global market influenced silver prices at futures trade

Gold up 0.7% on firm global cues

Market analysts said the rise in gold futures was mainly in line with a firming trend in overseas markets

Zinc up 0.7% on firm spot demand, global cues

Metal for delivery in November traded higher by 0.61%

Lead up 0.7% on spot demand, global cues

Metal for delivery in October gained 0.63%

Nickel up 0.3% on spot demand

Metal for delivery in October gained 0.29%

Copper rise on global cues, spot demand

Firm global trend and increased domestic demand influenced prices

Oil prices down on US debt ceiling concerns

The US budget crisis could spiral into a devastating debt default and ravage the global economy

Gold imports may pick up, touch 725 tonnes in FY14: GJF

Country imported 354 tonnes of gold in April-September 2013