Page 884 - Commodity News

Crude palm oil weakens by 0.3% on subdued demand

Speculators reduced their positions, tracking a weak trend

Zinc decline by 0.5% on lower global trend

Speculators offloaded their positions in tandem with a weak global trend

Lead falls by 0.5% on weak spot demand

A weakening trend in the entire base metals at LME also affected prices

Copper slides by 0.5% on weak global cues

Speculators trimmed their positions, tracking a weak global trend

Potato rises by 1% on good demand

Tight supplies in the physical market following less arrivals from producing regions influenced prices

Mentha oil gains by 0.9% on rising demand

Tight supplies in the physical market following less arrivals affected prices

Cardamom falls by 0.1% on weak demand

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

Lower global prices pushed coking coal import up 13%

Coking coal prices have come down to $150 a tonne at major Indian ports, compared with $177 a tonne in March

Metal recycling units plead for protection

Import duty on scrap makes local recycling uncompetitive, import intensifies, India may lose Rs 11000-cr exports markets

Gold spot premium falls on hope of supply

Last week of July, RBI had allowed banks to import gold on consignment basis and allowed the metal to be leased to jewellers. But that facility had been tweaked last week by the central bank

India's July steel output growth better than world average

Cotton production expected to grow by 4.5% in 2013-14

Soya crop loss feared as MP receives excess rainfall

Weak rupee: Punjab, Haryana steel makers stop scrap import

Exporters, on the other hand, are facing cancellation of orders by foreign buyers in view of rupee value erosion

Gold futures slip below 31,000 level on global cues

Fall in gold futures was mostly attributed to a weakening trend in the global market

Coriander dips by 2.6% on weak demand

Higher supplies from producing regions also influenced prices

NCDEX seek nod to clean adulterated pepper stock

Exchange denies any liabilities relating to stocks, claims it has always ensured delivery as per contract terms

Crude palm oil down 0.2% on subdued demand

Crude palm oil for delivery in September edged lower by 0.17%

Chana down 0.6% on increased supply

Chana for delivery in September edged lower by 0.43%

Aluminium down 1% on overseas trend

Aluminium for delivery in September shed by 0.91%