Page 855 - Commodity News
Q2 gold imports crash to less than a fourth
The biggest reason for the sharp fall in imports in the quarter has been the restrictions imposed by the RBI
 "Q2 gold imports crash to less than a fourth")
Crop damage to cap soybean output growth this year
Excessive rainfall in a couple of major soybean-growing areas damaged the crop
 "Crop damage to cap soybean output growth this year")
Coconut oil prices up on short-supply
As Onam festival season over in Kerala there is slowdown in demand; poor supply makes market bullish
 "Coconut oil prices up on short-supply")
Farmers' body slams UP sugar industry for 'arm twisting' govt
Demands sugarcane price at Rs 327 a quintal
 "Farmers' body slams UP sugar industry for 'arm twisting' govt")
No takers for iron ore lumps in Karnataka e-auctions
Mining industry data shows lump stock of 3.37 million tonne is unsold as steel makers are preferring low grade fines
 "No takers for iron ore lumps in Karnataka e-auctions")
No takers for iron ore lumps in Karnataka e-auctions
Mining industry data has shown that lump stock of 3.37 mn tn valued at Rs 1,500 cr is unsold at auctions in the state as steel makers prefer fines
 "No takers for iron ore lumps in Karnataka e-auctions")
Refined soya down 0.5% on profit-booking
Oil for delivery in October shed 0.29%
 "Refined soya down 0.5% on profit-booking")
Chana up 0.3% on rising spot demand
Commodity for delivery in October edged up by 0.10%
 "Chana up 0.3% on rising spot demand")
Castorseed down 0.8% on weak export demand
November contract fell by 0.76%
 "Castorseed down 0.8% on weak export demand")
Potato down 0.1% on adequate supply
Increased supplies from producing belts, weak demand in the spot market led to decline in potato prices at futures trade
 "Potato down 0.1% on adequate supply")
Cardamom up 0.9% on spot demand
Commodity for delivery in October edged up by 0.72%
 "Cardamom up 0.9% on spot demand")
Copper down 0.4% on weak global cues
Metal for delivery in February traded lower by 0.28%
 "Copper down 0.4% on weak global cues")
Nickel down 0.1% on subdued spot demand
Metal for delivery in November traded lower by 0.06%
 "Nickel down 0.1% on subdued spot demand")
Gold futures down 0.3% on global cues
Metal for delivery in October traded lower by 0.33%
 "Gold futures down 0.3% on global cues")
Crude palm oil slides by 1.1% on subdued demand
Analysts attributed the fall in crude palm oil futures to sluggish demand in the spot market against adequate supplies
 "Crude palm oil slides by 1.1% on subdued demand")
Mentha oil rise 0.3% as demand picks up
Tight stocks availability in the physical market due to less arrivals also supported the uptrend
 "Mentha oil rise 0.3% as demand picks up")
Oil prices slip on concerns over US budget row
The US government is standing on the brink of a partial shutdown due to a gridlock in Congress over a new budget
 "Oil prices slip on concerns over US budget row")
In protest against price fall, 8,500 rubber dealers shut ops
The rubber market crashed Rs 14 a kg during the last two weeks, taking the price of benchmark grade RSS- 4 to Rs 172 a kg
 "In protest against price fall, 8,500 rubber dealers shut ops")
Health concerns a precursor to restrictions on sugar use?
WHO is set to deliver a strict recommendation on sugar intake, based on evidence of its links with obesity
 "Health concerns a precursor to restrictions on sugar use?")
Coffee exports fall 5.3% on low demand from US, EU
Continued global economic slowdown, drop in demand from major consuming countries in the European Union impacted export
 "Coffee exports fall 5.3% on low demand from US, EU")