Page 907 - Commodity News

Bullion may remain a safe bet for investors this week

In India, however, the movement in the rupee would determine the bullions' price variations

Boost for Indian shrimp export from Southeast Asian malady

Processing units in these countries will have to import to meet commitments with European and US importers

Ace's cotton contracts to help save transportation costs

Traders may save 2-3% of transaction cost which normally is spent on quality and quantity checks, Ace to bear the cost

Mentha oil rise 1.2% on fresh buying

Speculators enlarged their positions, tracking a firm trend at spot market on strong retailers and export demand

Potato down by 3% on less demand

Speculators offloaded their positions driven by subdued demand in the spot market amid increased supplies

Crude palm oil up 1.1% on strong spot demand

Crude palm oil for delivery in July moved up by 1.04%

Coriander up 2.5% on strong demand

Coriander for delivery in August traded higher by 1.53%

Chana down 1.1% on profit-booking

Chana for July delivery fell by 1%

Cardamom weakens by 1.2% as demand declines

Speculators reduced their positions on weak cues from spot markets

Nickel up by 0.1% on global cues; spot demand

Speculators enlarged their positions, tracking a firming trend overseas amid spot demand

Lead marginally up by 0.2% on overseas trend

A firming trend in base metals in the global markets influenced the prices of lead

Copper rises by 0.5% on global cues, spot demand

A firm global trend and increased domestic demand influenced copper prices

Silver futures up 0.2% on global cues; short-covering

Speculators built up fresh positions amid covering-up of short positions, influencing silver prices

Gold rises in futures trade on global cues; up 0.4%

Covering-up of short positions by speculators supported the upside

Dry fruit prices soar in local markets

Last month, prices of cashew kernels and almonds jumped 11% and 17%, respectively

Edible oil refineries cry for protection

Say price of crude palm oil import higher than refined product, leading to raising inflows

Sintex Industries to foray into commercial yarn biz

Onion price in Delhi soars to Rs 40 per kg

The new crop is expected from Tamil Nadu and Andhra Pradesh in September but prices would ease after new crop from Karnataka arrives in the market in October

Sugar down 0.5% on sluggish demand, ample supply

Ample supplies in the physical market also put pressure on sugar prices

Gold futures rise 0.6% on firm global cues

Gold for delivery in far-month October moved up by 0.56%