Page 862 - Commodity News

Potato down 0.2% on increased supply

Subdued demand in the spot market put pressure on the prices

Mentha oil up 0.4% on spot demand

Tight supplies in the physical market following less arrivals from Chandausi in UP supported the uptrend

Cardamom down by 0.6% on sluggish demand

Adequate stocks availability in the physical market following increased arrivals from producing regions affected prices

Silver futures slide 0.9% on global trend

Profit booking by speculators amid a weak trend in precious metals affected prices

Gold futures shed 0.3% on profit-booking

Speculators locked in gains amid a weak global trend

Oil prices down in Asian trade

Prices had surged after the US Federal Reserve decided to continue with its $85 billion-a-month bond-buying programme to support US economic growth

UP sugar mills hint at 'no crushing' season

Industry sources say they were not in a position to pay arrears of Rs 2,500 cr pertaining to the 2012-13 crushing season

Export floor price raised to $900/t as onion at Rs 70 brings tears to eyes

Pawar says prices will come down in two-three weeks on fresh arrivals from south

Base metals rally around the world

Rising rupee limits the gains domestically but impact of improving demand sentiment expected from next month

Iron ore output, exports could hit all-time low

This is mainly on account of ban in Goa, delay in reopening of mines in Karnataka and cap on output in Odisha

Investor sentiment on gold sees upswing

Sentiment is expected to remain bullish

A double whammy for steel firms

Export earnings to erode on rupee appreciation, may cut product prices

'Iron ore to be hit if royalty hiked'

Govt hikes onion MEP to $900 per tonne

On Aug 14, govt had imposed MEP of $650 per tonne

Onion prices continue to remain high at Rs 70-80 per kg

Prices are likely to remain at this level for the next 10-15 days as most of the stored quantities from last year's crop have been exhausted

Sugar down 0.7% in futures trade on higher supply

Sugar for delivery in October fell by 0.21%

Chana down 0.8% on supply pressure

The commodity for delivery in September lost 0.66%

Potato up 0.3% on spot demand, restricted supply

Market analysts said pick up in demand in the spot market against restricted arrivals from growing regions influenced prices

Refined soya futures decline on weak demand

Weak demand in the spot market against adequate position led to decline

Onions prices to ease in 2-3 weeks on fresh output: Pawar

Supplies are also likely to improve as small quantities of imported onions have arrived