Page 873 - Commodity News

Govt mulls branding Indian arabica coffee

Ministry willing to commit resources, expertise for purpose; discusses proposal with Coffee Board

UP sugar mills lose markets to Maharashtra & Karnataka

Cost of production a major factor, ISMA bags for UP govt help for mills' survival

Rain slows down iron ore export

Iron ores being transported to the port from mineral rich hinterland of the state are found wet with heavy moisture contents

SAIL, Essar, JSPL, JSW hike steel prices by up to Rs 2.5k/ton

Prices have gone up by 4-5%

Silver futures recover by 2.6% on global cues

Silver for delivery in far-month December traded higher at 2.27%

Gold futures up by 2.2% on weak rupee; global cues

Gold for delivery in far-month December spurted by 2.19%

Soybean up by 3.4% on global cues

Rise in other edible oils prices too brought the upsurge in soybean prices

Castorseed jumps 2% on strong export, domestic demand

Strong export demand due to fall in rupee against dollar also boosted the upsurge

Potato remains up by 0.5% on increased demand

Market analysts say increased demand in the spot market led to an upward movement in prices

Chana rises by 0.7% as demand picks up

Speculators created fresh positions, tracking a firm trend at spot market

Refined soya gains 2.1% on strong demand

Strong demand in the spot markets mainly influenced refined soya prices

Sugar slide 0.3% on ample supply

Speculators reduced their positions due to weak demand in the spot market

Crude oil extends losses by 0.3% on Asian cues

Speculators reduce positions as fears of an immediate US intervention in Syria recede

Mentha oil gains by 0.2% on rising demand

Lower arrivals from Chandausi in Uttar Pradesh further fuel the uptrend

Crude palm oil rebound 0.7% as demand picks up

Crude palm oil for delivery in October edged up by 0.67%

Cardamom recover by 0.5% on spot demand

Cardamom for delivery in October traded higher by 0.19%

Copper, crude oil trade flat

Crude oil on MCX is currently trading at Rs 7192 per barrel, while copper is trading at Rs 495.45 per kg

Augmenting coffee production is a challenge: Jawaid Akhtar

Q&A with Chairman, Coffee Board

Oil prices down in Asian trade

Fears of an immediate US intervention in Syria has been receding, hence affecting prices

Unsustainable CAD triggers iron ore exports rethinking

As India is now overlooked as a sourcing point for iron ore, this year, our exports would be a piffling nine mt