Page 886 - Commodity News
I can't say when onion prices will come down: Sharad Pawar
Agriculture Minister says heavy rains have hit supplies from key growing states
 "I can't say when onion prices will come down: Sharad Pawar")
Chilli down 2.5% sluggish demand
Chilli for delivery in September traded lower by 2.14%
 "Chilli down 2.5% sluggish demand")
Jeera down 0.7% on adequate supply
Jeera for delivery in September moved down by 0.39%
 "Jeera down 0.7% on adequate supply")
Chana weakens by 0.9% on sluggish demand
Speculators reduced their positions amid a weak trend at spot market owing to sluggish demand against ample supply
 "Chana weakens by 0.9% on sluggish demand")
Zinc down by 1.4% on overseas trend
Fall in zinc prices at futures trade was mostly in tandem with a weak trend in the entire base metals at the LME
 "Zinc down by 1.4% on overseas trend")
Lead down by 1.4% on subdued spot demand
A weak trend in the domestic spot markets due to subdued demand from battery makers affected prices
 "Lead down by 1.4% on subdued spot demand")
Nickel weakens by 1.1% on sluggish demand
Traders attributed the fall in nickel prices at futures trade to a weak trend in the global market
 "Nickel weakens by 1.1% on sluggish demand")
Copper falls by 1.3% on global cues
Speculators trimmed their positions, tracking a weak global trend
 "Copper falls by 1.3% on global cues")
Mentha oil up by 0.7% as demand picks up
Speculators enlarged their positions on the back of pick up in industtrial demand against tight supplies
 "Mentha oil up by 0.7% as demand picks up")
Potato gains 1.6% on higher demand
Speculators enlarged their positions driven by higher demand in the spot market against tight supplies
 "Potato gains 1.6% on higher demand")
Crude palm oil gains 0.9% on global cues
Speculators creating fresh positions in tandem with a firm global trend
 "Crude palm oil gains 0.9% on global cues")
Cardamom slides by 1.7% on profit-booking
Profit-booking by speculators at prevailing higher levels, driven by sluggish demand influenced prices
 "Cardamom slides by 1.7% on profit-booking")
Gold hovers near 2-month high on US data, SPDR inflows
US consumer sentiment ebbed in August and residential construction rose less than expected last month
 "Gold hovers near 2-month high on US data, SPDR inflows")
Jewellers expect 25-30% fall in biz this festive season
Gold surged to 2-year high of Rs 31,000 per 10 gm in Delhi on Friday
 "Jewellers expect 25-30% fall in biz this festive season")
Onion prices hover around Rs 60; peas soars to Rs 100
Due to heavy rains in Himachal, Punjab and Haryana, the price of tomato too had jumped to around Rs 40 per kg as against Rs 20-30 a few days back
 "Onion prices hover around Rs 60; peas soars to Rs 100")
Gold to cost Rs 31,000 by Dec;demand to remain same as last yr
Gold MCX price was Rs 28,600, while in the international market it was at $1,376.70.
 "Gold to cost Rs 31,000 by Dec;demand to remain same as last yr")
Jeera prices set to rise on dwindling arrivals
Arrivals in key markets like Gujarat have seen a decline -- from 79 tonnes in March to 23 tonnes in May and 13 tonnes in July
Finished jewellery import becomes cheaper
Jewellers have started importing finished jewellery instead of gold to sell directly in their retail stores
 "Finished jewellery import becomes cheaper")
Gold hits 8-month high on global cues
Rupee depreciation, import duty hike support increase
 "Gold hits 8-month high on global cues")
Gold scales to eight-month high at Rs 31,525
After its biggest single day rise in two years yesterday, the precious metal advanced to a level last seen on December 18, 2012