Page 896 - Commodity News
Crude palm oil futures fall 0.4% on overseas cues
Speculators offloaded their positions in tandem with a weak global trend
 "Crude palm oil futures fall 0.4% on overseas cues")
Mentha oil futures gain 0.9% on increased demand
A firm trend at the spot markets also influenced mentha oil prices
 "Mentha oil futures gain 0.9% on increased demand")
Cardamom up by 4% on spot demand
Strong domestic and export demand in the spot market helped cardamom prices
 "Cardamom up by 4% on spot demand")
Silver futures up by 0.5% on global cues
Covering up of short positions by speculators also helped silver prices
 "Silver futures up by 0.5% on global cues")
Oil prices mixed after weak US jobs report
Data raises concerns about demand in world's top crude consumer
 "Oil prices mixed after weak US jobs report")
Base metals on positive territory
A moderate price rise possible on a recovery in US economic numbers, but may not sustain long
 "Base metals on positive territory")
 "Cotton Corp allowed to export")
Turmeric down 2.8% on weak demand,adequate supply
Turmeric for delivery in August lost 2.56%
 "Turmeric down 2.8% on weak demand,adequate supply")
Castorseed down 1.7% on selling pressure
August contract weakened by 1.52%
 "Castorseed down 1.7% on selling pressure")
Maize slips over 2% on weak market sentiment
Increased supply and reduced offtake in physical markets put pressure on prices
 "Maize slips over 2% on weak market sentiment")
Zinc down 0.1% on low spot demand
Zinc for delivery in September traded lower by 0.09%
 "Zinc down 0.1% on low spot demand")
Cardamom up 2.8% on high demand
Cardamom for delivery in September edged up by 1.26%
Coriander down 2.6% on profit-booking
Coriander in September delivery declined by 2.45%
 "Coriander down 2.6% on profit-booking")
Potato up by 2% on strong demand, restricted supply
Increased buying by speculators on pick-up in spot market demand influenced prices
 "Potato up by 2% on strong demand, restricted supply")
Mentha oil rises by 1.1% on strong industrial demand
A firming trend at the spot markets on rising demand influenced mentha oil prices
Crude palm oil up by 0.9% on overseas cues
Fresh buying by traders, influenced by a firming global trend mainly helped crude palm oil prices
Crude oil up by 1.2% on firm overseas cues
Rise in crude oil futures was supported by a firming trend
 "Crude oil up by 1.2% on firm overseas cues")
Lead down 0.3% on subdued spot demand, global cues
Subdued spot demand, weak trend in base metals at LME attributed fall in lead futures prices
 "Lead down 0.3% on subdued spot demand, global cues")
Nickel down by 0.1% on overseas trend
Subdued demand from alloy-makers at domestic spot markets also weighed on prices
 "Nickel down by 0.1% on overseas trend")
Silver futures down 0.9% on weak global trend
Profit-booking at current levels by speculators also affected the prices