Page 920 - Commodity News
Lead up 0.5% on spot demand, short-covering
Lead prices for delivery in August also rose by a similar margin
 "Lead up 0.5% on spot demand, short-covering")
Nickel up 0.4% on firm demand
Nickel prices for delivery in August rose marginally by 0.01%
 "Nickel up 0.4% on firm demand")
Copper up 0.7% on global cues; spot demand
Pick-up in demand in the spot market fuelled the uptrend
 "Copper up 0.7% on global cues; spot demand")
Crude oil futures up 3.4% on firm overseas cues
The crude oil prices for July also spurted by 3.39%
 "Crude oil futures up 3.4% on firm overseas cues")
Silver futures surge 0.85% on positive global cues
Gains in the precious metals in the overseas at lower levels, influenced silver prices at futures trade
 "Silver futures surge 0.85% on positive global cues")
Gold futures rises 0.5% on firm global cues
Covering-up of short positions by speculators at prevailing levels influenced gold futures prices
 "Gold futures rises 0.5% on firm global cues")
Rubber-based goods hit by adverse Kerala weather
Tyre industry faces acute shortage; poor summer rain and high day temperature had damaged trees on plantations
 "Rubber-based goods hit by adverse Kerala weather")
MMTC to expand gold infrastructure
Mulls to open 11 new gold delivery depots across the country, especially in tier II and III cities
 "MMTC to expand gold infrastructure")
Metal prices down but weak rupee plays spoilsport for consumers
Base metal prices at the London Metal Exchange are touching 4 year lows but India Inc is unable to take benefit of it
 "Metal prices down but weak rupee plays spoilsport for consumers")
Comexes turnover continues to decline the second day on CTT levy
Govt levied 0.01% CTT on non-agri commodities effective July 1 which created a panic among traders
Coriander down 1.4% as demand declines
The prices of coriander in July delivery declined by 1.36%
 "Coriander down 1.4% as demand declines")
Commexes' biz falls to Rs 34.36 lakh cr till Jun 15 of FY'14
Trading volumes in farm items, gold, silver and other metals remained lower in the April - June period: FMC
 "Commexes' biz falls to Rs 34.36 lakh cr till Jun 15 of FY'14")
Chana futures down 1.2% on better rains
Chana for delivery in the July shed 1.29%
 "Chana futures down 1.2% on better rains")
Crude palm oil futures up 0.1% on firm spot demand
Crude oil for delivery in August moved up 0.07%
 "Crude palm oil futures up 0.1% on firm spot demand")
Potato up 1.2% on pick-up in spot demand; tight supply
Potato prices for July contract also increased by 0.77%
 "Potato up 1.2% on pick-up in spot demand; tight supply")
Lead up 0.4% on firm spot demand, global cues
Lead for delivery in August rose by 0.36%
Zinc up on firm spot demand, global cues
Zinc for delivery in August traded higher by 0.31%
 "Zinc up on firm spot demand, global cues")
Mentha oil down 1.9% on profit-booking
Mentha oil for delivery in the August traded lower by 1.82%
 "Mentha oil down 1.9% on profit-booking")
Cardamom futures down on profit-booking
Cardamom for delivery in August declined by 0.7%
 "Cardamom futures down on profit-booking")
Nickel up 0.4% on strong global cues, domestic demand
Nickel for delivery in July traded higher by 0.38%