Page 857 - Commodity News
Mentha oil down 0.5% on low demand
Traders said subdued demand at spots market influenced mentha oil prices
 "Mentha oil down 0.5% on low demand")
Cardamom down 0.7% on profit-booking
Cardamom for delivery in October shed 0.5%
 "Cardamom down 0.7% on profit-booking")
Silver futures down by 0.6% on Asian cues
White metal for delivery in December fell by 0.61%
 "Silver futures down by 0.6% on Asian cues")
Crude oil down 0.2% on weak Asian cues
Oil for November moved down by 0.19%
 "Crude oil down 0.2% on weak Asian cues")
Gold futures down 0.3% on rising rupee
Besides, subdued demand at spot markets also put pressure on the prices
 "Gold futures down 0.3% on rising rupee")
Zinc down by 0.1% on subdued demand
A weak global trend also affected prices
 "Zinc down by 0.1% on subdued demand")
Lead down by 0.4% on subdued spot demand
A weak trend in base metals overseas also affected prices
 "Lead down by 0.4% on subdued spot demand")
Copper falls by 1.2% on global cues
Sluggish spot demand also affected prices
 "Copper falls by 1.2% on global cues")
Oil prices down as US, Russia break deadlock on Syria
US and Russia agreed on a draft UN Security Council resolution on destroying Syria's chemical arms
 "Oil prices down as US, Russia break deadlock on Syria")
Jewellers rejoice at RBI relaxation
RBI asked banks to re-allocate export credit in foreign currency, based on a bank's policy to cover currency fluctuations
 "Jewellers rejoice at RBI relaxation")
Cotton yarn exports: Knotty now, nice later
China, the largest importer of Indian cotton yarn, has reduced imports
 "Cotton yarn exports: Knotty now, nice later")
Denim makers slip into American fit, see the blues fading away
With cotton value chain improving, exports are poised to see rapid growth
 "Denim makers slip into American fit, see the blues fading away")
Merry-go-round shifts axis of bling
Traders start questioning export figures by the commerce and industry ministry; fear repeat of Winsome-like default
 "Merry-go-round shifts axis of bling")
Mills body urges govt to restore export incentives for cotton, yarn
According to the amendments that is with immediate effect, categories such as export of cotton and cotton yarn will not be eligible for Focus Market Scheme
 "Mills body urges govt to restore export incentives for cotton, yarn")
Wheat output seen at record high this year: Pawar
Adequate soil moisture left following late monsoon rain in major growing regions to contribute to growth
 "Wheat output seen at record high this year: Pawar")
Cardamom up 0.5% on spot demand
Tight stocks position in the spot market also contributes to the rise
 "Cardamom up 0.5% on spot demand")
Potato up 1.7% as demand picks up
Commodity for delivery in April moved up by 1.3%
 "Potato up 1.7% as demand picks up")
Silver futures slide 0.6% on weak global trend
White metal prices for delivery in the far-month March lost 0.58%
 "Silver futures slide 0.6% on weak global trend")
Mentha oil down 0.6% on profit booking
Mentha for delivery in October traded lower by 0.5%