Page 879 - Commodity News

Chana up 0.1% on spot demand

Restricted arrivals in the physical market also influenced the market sentiment

Silver up 0.7% on firm global cues

Market analysts said fresh positions created by speculators largely in tandem with a firming trend overseas influenced silver prices

Crude oil up 0.4% on Asian cues

Market analysts attributed the rise in crude oil futures to a firming trend in Asia

Gold up 0.2% on global cues, spot demand

Gold for delivery in far-month December gained 0.21%

Aluminium up 0.7% on overseas trend

Aluminium for delivery in September traded higher by 0.54%

Crude palm oil prices climb over 2% on strong demand

Crude palm oil for delivery in August traded higher by 1.76%

Potato up 0.7% on spot demand, tight supply

Potato for delivery in far-month March also edged up by 0.5%

Mentha oil rises 0.8% as demand picks up

Mentha oil for delivery in September gained 0.65%

Cardamom down 0.1% on sluggish demand

Sluggish demand, adequate stocks availability on increased arrivals from producing regions mainly weighed on cardamom prices

Zinc rise 0.7% on Asian cues, spot demand

Zinc for delivery in September rose by 0.67%

Nickel up 0.9% on firm demand, global cues

Nickel for delivery in September rose by 0.96%

Lead up 0.6% on spot demand, overseas cues

Lead for delivery in September rose by 0.53%

Copper, crude oil trading near life time high on MCX

Silver is trading currently trading at six months high level, while gold is trading at a one year high on MCX

Copper up by 0.6% on shrinking global inventories

Speculators enlarged positions, tracking a firming trend in the Asian trade

SteelMin favours retaining 30% duty on iron ore exports

CCEA likely to take the matter up for discussion later this week

Steel prices to go up by Rs 1,200-1,500 a tonne

It has been extremely necessary to raise steel prices due to a sharp decline in the rupee consequent to a proportionate jump in input cost: Essar Steel

Thailand in favour of lifting ban on gold exports to India

India had in February this year banned import of gold jewellery from Thailand to control widening CAD

Global tenders soon for revival of Bharat Gold Mines in Kolar

Supreme Court recently ordered for issue of global tenders for reviving the over 100 year old gold mining company

Gems and jewellery exports fall in July

Exports fell 10.5% to Rs 14,888.8 cr in the month

Silver prices rise