Page 872 - Commodity News
New rule cuts gold availability
Barely 300 tonnes to be available to domestic jewellery trade over next 12 months
 "New rule cuts gold availability")
Barley down 1.7% on increased selling
September contracts slipped by 1.6%
 "Barley down 1.7% on increased selling")
Refined soya down 1.5% on profit-bookings
Oil for delivery in October traded lower by 1.52%
 "Refined soya down 1.5% on profit-bookings")
Castorseed down 2.1% on profit taking
Castorseed for October contract declined by 2%
 "Castorseed down 2.1% on profit taking")
Chana down 0.8% on increased supply, weak demand
Chana for delivery in October traded lower by 0.65%
 "Chana down 0.8% on increased supply, weak demand")
Garment exports up 19% to $1.27 bn in July: AEPC
During April-July 2013-14, garments exports grew by 13% to $5 billion
 "Garment exports up 19% to $1.27 bn in July: AEPC")
Potato up 0.6% on rising demand
Market men said firm demand at spot markets influenced potato prices
 "Potato up 0.6% on rising demand")
Cardamom up 1.5% on rising spot demand
Cardamom for delivery in October gained 0.2%
 "Cardamom up 1.5% on rising spot demand")
Crude palm oil prices fall 1.6% on profit-booking
Palm oil for delivery in September traded lower by 1.37%
 "Crude palm oil prices fall 1.6% on profit-booking")
Silver futures down 3.3% on global cues, profit-booking
Silver prices for delivery in September lost 3.2%
 "Silver futures down 3.3% on global cues, profit-booking")
Mentha oil down by 0.9% on sluggish demand
Speculators trimming positions on the back of sluggish demand affected mentha oil prices
 "Mentha oil down by 0.9% on sluggish demand")
Crude oil down by 1.8% on Asian cues
Concerns over a US-led military strike on Syria affected crude oil prices
 "Crude oil down by 1.8% on Asian cues")
Gold futures down 1.9% on global cues, profit-booking
Gold for delivery in December declined by 1.91%
 "Gold futures down 1.9% on global cues, profit-booking")
Aluminium down 0.9% on global cues
Subdued demand in the spot markets put pressure on metal prices
 "Aluminium down 0.9% on global cues")
Zinc down 0.8% on weak global cues, sluggish demand
Market analysts said weak global trend are putting pressure on metal at futures trade
 "Zinc down 0.8% on weak global cues, sluggish demand")
Lead weakens by 0.9% on profit-booking
A weak trend in base metals overseas also affected lead prices
 "Lead weakens by 0.9% on profit-booking")
Nickel drops by 1% on sluggish demand
A weak trend in copper and other base metals at the LME also affected prices
 "Nickel drops by 1% on sluggish demand")
Copper falls by 1.1% on overseas cues
Profit-booking by speculators after recent gains also weighed on metal prices
 "Copper falls by 1.1% on overseas cues")
Gold import norms tightened further
The move won't have major impact on the falling rupee
 "Gold import norms tightened further")
Rural jobs scheme leading to dearth of labour in plantation
The planters' body seeks extension of rural employment scheme to various works in plantation sector
 "Rural jobs scheme leading to dearth of labour in plantation")