Page 867 - Commodity News

Silver down 0.5% on global cues

Silver for delivery in December fell by 0.49%

Gold, silver opens flat on MCX, trading with downward bias

Silver is currently trading with a dowmward bias taking cues from last night's trade

Gold futures fall by 0.1% on global cues

Speculators engaged in trimming positions, amid a weak trend overseas

Diamond processing losing its edge

Industry says prices too high for domestic demand; suppliers say rupee's depreciation the main culprit

After a robust H1, gold demand set to wane

Price to rise 11% to hit $1,500 early next year but to decline later on large pullback

Agri exports fall 19% in Q1

Lower exports to the US and Bangladesh have been the primary reason for the fall

Pig iron rates set to rise in coming weeks

The rates may rise further as other steel commodity prices have witnessed a steady rise recently

Baltic Dry Index rise fails to enthuse Indian shippers

Sustenance of dry bulk demand holds the key

Lead up 0.3% on spot demand, global cues

Lead for delivery in September traded higher by 0.26%

Nickel up 0.3% on strong demand, global cues

Rising demand at spot market from alloy-makers and a firming trend overseas influenced nickel prices

Chana up 1.8% on better spot demand

The commodity for delivery in October gained 1.57%

Mustardseed up 1.7% on short covering

The commodity for January climbed up by 1.53%

Potato down 0.7% on less demand

Commodity for delivery in March slipped by 0.31%

Cardamom up 0.3% on spot demand

Tight stocks, lower arrivals from producing regions influenced prices

Mentha oil up 1.1% in futures trade on spot demand

Increasing demand from exports and limited supplies from the producing areas influenced mentha oil prices

Crude palm oil rises 0.3% on spot demand

Firming trend in overseas markets supported the oil prices in futures trade

Copper down 0.1% on global cues

Metal for delivery in February traded lower by 0.06%

Silver futures down 0.5% on global cues

Metal for delivery in far-month March traded lower by 0.3%

Gold falls 0.2% on global cues

Rising rupee against the dollar also putting pressure on the yellow metal prices

Levying 10% export duty on surplus cotton likely to be discussed

The ministry was also for registration of cotton export contracts with the directorate general of foreign trade, to monitor the exports