Page 882 - Commodity News
Gold jewellery exports fall 70% in July
However, silver jewellery shipments more than doubled in the same period
 "Gold jewellery exports fall 70% in July")
Nickel up 1.1% on global cues, spot demand
Nickel for delivery in September rose by 1.05%
 "Nickel up 1.1% on global cues, spot demand")
Crude palm oil marginally up by 0.2% on better spot demand
Crude palm oil for delivery in September edged up by 0.06%
 "Crude palm oil marginally up by 0.2% on better spot demand")
Cardamom rises by 0.5% as demand picks up
Rising demand in the spot markets mainly influenced cardamom prices
 "Cardamom rises by 0.5% as demand picks up")
Mentha oil rises by 0.8% on firm demand
Speculators enlarged their positions, driven by a rising demand influenced prices
 "Mentha oil rises by 0.8% on firm demand")
Copper gains by 1% on global cues
Increased demand at domestic spot markets from consuming industries also influenced copper prices
 "Copper gains by 1% on global cues")
Crude oil down by 0.2% on weak Asian cues
Speculators trimmed positions amid a weakening trend
 "Crude oil down by 0.2% on weak Asian cues")
Gold futures down 0.6% on global cues
Profit-booking by speculators also put pressure on gold futures
 "Gold futures down 0.6% on global cues")
Crisis-ridden economy causes fall in rubber price
Monthly output in July dropped 32.4% to 46,000 tonnes against 68,000 tonnes in July last year
 "Crisis-ridden economy causes fall in rubber price")
Sajjan Jindal seeks status quo on iron ore export duty
Jindal writes to PM, FM and plan panel asking them to ensure availability of iron ore for steel industry
 "Sajjan Jindal seeks status quo on iron ore export duty")
Onion prices bounce back, up 27% in two days
Commodity jumped by Rs 150 a qtl, to Rs 3,850 a qtl, in Mumbai and by Rs 900 a qtl, to Rs 4,100, at Pimpalgaon, also in Nashik district
 "Onion prices bounce back, up 27% in two days")
Silver up 1.59% on falling rupee
Silver for delivery in far- month December recovered sharply by 1.3%
 "Silver up 1.59% on falling rupee")
Gold futures rebound, up 1.3% as rupee plunges to new low
Gold for delivery in December shot up by 1.2%
 "Gold futures rebound, up 1.3% as rupee plunges to new low")
Gold steady near eight-month high on weak rupee
India remains largely absent in the physical market amid tighter regulations and a weak currency
 "Gold steady near eight-month high on weak rupee")
Crude oil down by 0.9% on Asian cues
Fall in crude oil at futures trade was mostly in tune with a weakening trend in the Asian region
Silver futures down 0.5% on global cues
Fall in silver prices at futures trade was mostly attributed to a weak trend overseas
Gold futures fall by 0.3% on global cues
Fall in gold futures was mostly attributed to a two-way movements in the global market
 "Gold futures fall by 0.3% on global cues")
Crude palm oil weakens by 0.3% on subdued demand
Speculators reduced their positions, tracking a weak trend
 "Crude palm oil weakens by 0.3% on subdued demand")
Zinc decline by 0.5% on lower global trend
Speculators offloaded their positions in tandem with a weak global trend
 "Zinc decline by 0.5% on lower global trend")
Lead falls by 0.5% on weak spot demand
A weakening trend in the entire base metals at LME also affected prices
 "Lead falls by 0.5% on weak spot demand")