Page 893 - Commodity News
Agri commodities face bearish outlook
India's export prospects get hampered as prices drop, supplies seen rising
 "Agri commodities face bearish outlook")
Oilmeals exports declined 37% in July: SEA
Country shipped 2,82,703 tonnes of oilmeal, used as animal feed, in the same month last year
 "Oilmeals exports declined 37% in July: SEA")
Chana weakens by 0.4% on sluggish demand
Speculators reduced their positions on the back of sluggish demand against adequate stocks position
 "Chana weakens by 0.4% on sluggish demand")
Jeera futures up 0.5% on spot demand
Speculators created fresh positions on the back of a rise in demand in the spot market
 "Jeera futures up 0.5% on spot demand")
Turmeric up by 1.3% on better demand
Speculators created fresh positions after demand improved in the spot market
 "Turmeric up by 1.3% on better demand")
Coriander up by 1.4% on strong demand
Increased buying by speculators supported by rising demand in the spot market influenced prices
 "Coriander up by 1.4% on strong demand")
Centre plans to give freedom to states to hike PDS sugar price
Sugar prices have not been revised since 2002
 "Centre plans to give freedom to states to hike PDS sugar price")
Chilli futures tumble 3% on weak demand, adequate supply
Chilli for delivery in September contract fell by 1.74%
 "Chilli futures tumble 3% on weak demand, adequate supply")
Zinc down 0.3% on global cues
Zinc for delivery in the September shed 0.26%
 "Zinc down 0.3% on global cues")
Nickel down by 0.2% on overseas trends
Subdued domestic demand affected the prices
Potato falls by 4%, hits lower limit
Fall in demand in the spot market against increased supplies affected prices
 "Potato falls by 4%, hits lower limit")
Cardamom up by 3% on strong demand
Tight supplies from producing regions due to heavy rains also influenced prices
 "Cardamom up by 3% on strong demand")
Crude palm oil down by 1% on profit-booking
Sluggish demand in the spot market against adequate stocks also affected prices
 "Crude palm oil down by 1% on profit-booking")
Mentha oil falls by 0.6% on sluggish demand
Sluggish demand from consuming industries in the spot market against higher supplies affected prices
 "Mentha oil falls by 0.6% on sluggish demand")
Crude oil up by 0.3% on overseas cues
Rise in crude oil futures was attributed to a mixed trend in Asia
 "Crude oil up by 0.3% on overseas cues")
Copper falls by 0.4% on weak global cues
Fall in copper futures trade was mostly in line with a weakening trend overseas
 "Copper falls by 0.4% on weak global cues")
Silver futures down 0.3% on global cues
Speculators offloaded their positions, driven by a weakening trend in the global markets
 "Silver futures down 0.3% on global cues")
Gold futures fall 0.3% on weak global cues
Fall in gold futures was mostly attributed to a weakening trend in the global market
 "Gold futures fall 0.3% on weak global cues")
Retail onion prices may touch Rs 100/kg
Arrivals fall to a third compared to June-August last year
 "Retail onion prices may touch Rs 100/kg")
Iron ore miners say export duty cut not enough
Blame higher rail freight rates, poor global demand
 "Iron ore miners say export duty cut not enough")