Page 897 - Commodity News
Cardamom up 2.8% on high demand
Cardamom for delivery in September edged up by 1.26%
 "Cardamom up 2.8% on high demand")
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
 "Mentha oil rises by 1.1% on strong industrial demand")
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 palm oil up by 0.9% on overseas cues")
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
 "Silver futures down 0.9% on weak global trend")
Copper down by 0.4% on weak global cues
The fall in copper prices at futures trade was due to off-loading of positions by speculators
 "Copper down by 0.4% on weak global cues")
Gold futures down 1.1% on global cues
Profit-booking by speculators also put pressure on gold futures
 "Gold futures down 1.1% on global cues")
Oil prices up in Asia on optimism about global growth
Prices also supported by growing concerns about supply disruptions in the Middle East and Africa
July gold import estimate lower at 40 tonnes
Large chunk of 40 odd tons of gold that entered India was in first three weeks of the month
 "July gold import estimate lower at 40 tonnes")
Supply crunch pushes up shrimp prices
The crunch is due to drop in production in major exporting countries of east Asia following the spread of Early Mortality Syndrome disease in aquaculture farms
 "Supply crunch pushes up shrimp prices")
Coffee exports fall 4% in Jan-July to 0.22 mn tonnes
In value terms, Indian exporters earned Rs 3,210 cr, a fall of 4.5% over the same period last year
 "Coffee exports fall 4% in Jan-July to 0.22 mn tonnes")
Jaggery prices fall on lower demand from consumer sectors
The sweetener in the benchmark Anakapalli, Andhra Pradesh, market was quoted at Rs 28 a kg on Thursday against Rs 31 a kg over a month ago
Guar price fall puts Vikas in a fix
Company assures farmers Rs 50 a kg against Rs 42 a kg traded on NCDEX, further fall possible on higher output
Sugar down 0.3% on ample supply
Sugar for delivery in August contract traded lower by 0.26%
 "Sugar down 0.3% on ample supply")
Gold slips from nearly 4-mth high, down Rs 475 on global cues
Silver also dropped by Rs 640 to Rs 41,620 per kg on lack of buying support from industrial units and coin makers
 "Gold slips from nearly 4-mth high, down Rs 475 on global cues")
Coffee exports dip 4% in Jan-July period
The average realisation declined marginally to Rs 1,47,605 per tonne during this period
 "Coffee exports dip 4% in Jan-July period")