Page 891 - Commodity News
Nickel down by 0.2% on profit-booking
Speculators booked profits amid subdued spot demand
 "Nickel down by 0.2% on profit-booking")
Copper up by 0.1% on global cues
A firming trend in metals in the global market influenced copper prices
 "Copper up by 0.1% on global cues")
Silver futures climb 2.7% on firm global cues
Precious metals rebounded in global markets
 "Silver futures climb 2.7% on firm global cues")
Gold surges 1.5% in futures trade on global cues
A firming trend in the domestic spot markets on the back of increased buying influenced prices
 "Gold surges 1.5% in futures trade on global cues")
Onion prices soars to Rs 60 per kg in Delhi's retail market
Supply has substantially come down in Delhi to 6,000 quintal from 11,480 quintals ten days ago
 "Onion prices soars to Rs 60 per kg in Delhi's retail market")
 "Implement ethanol blending, say sugar firms")
Onion prices soar to Rs 60 a kg in Delhi
At Mother Dairy's 350 Safal stores in NCR, onion is being sold at Rs 45 per kg. At MORE retail outlets, the edible bulb is available at Rs 50 per kg
CTT wipes out non-agri business in agri centric exchanges
Govt levied CTT at Rs 10 per lakh if transaction effective July 1
 "CTT wipes out non-agri business in agri centric exchanges")
Steel producers oppose govt's easing of import rules
Say the government's move will destroy local steel mills
 "Steel producers oppose govt's easing of import rules")
Cotton ginners asked to register online, provide data on capacity
The online system will be operational with effect from August 7, 2013
Hyundai Steel evinces interest for building iron ore terminal at Paradip
Others, who took part in the pre-bidding proces were Essar Steel, Jindal Steel and Power Ltd, Elicon Enginerring
Is maize the new wonder crop after wheat and rice
For the first time, govt has an MSP for maize, which is equivalent to paddy at Rs 1,350 per quintal for 2013 crop to encourage farmers to grow more crop
 "Is maize the new wonder crop after wheat and rice")
Capacity utilisation at JSW's Karnataka plant at 80% till Sept-end
The company had used seven-nine per cent scrap in making the alloy, despite hurdles in procuring good quality iron ore
Pulses on crash course, fall below MSP
Traders fear farmers' could shift to cotton, sugarcane next season; demand its inclusion in Food Security Bill
 "Pulses on crash course, fall below MSP")
Cotton harvest in India may reach a new high to record on higher planting
Production to reach a record as growing areas have received very good rains
 "Cotton harvest in India may reach a new high to record on higher planting")
Gold trades at big premium as import restriction hits supply
Premiums for delivery Rs 900 per 10 gram, importers, traders mint monet due to restriction on imports
 "Gold trades at big premium as import restriction hits supply")
Steel import norms eased for mega projects
India imports five-six million tonnes of specialised steel every year, similar to the quantity the country exports. Total annual steel production is estimated to be 72 mt
 "Steel import norms eased for mega projects")
Refined soya oil moves up by 0.4% on spot demand
Oil for August contract traded higher by 0.26%
 "Refined soya oil moves up by 0.4% on spot demand")
Chana down 1.2% on adequate supply
Chana for August contract lost 1.20%
 "Chana down 1.2% on adequate supply")
Crude palm oil up 0.5% on spot demand
Crude oil for August contract edged up by 0.48%
 "Crude palm oil up 0.5% on spot demand")