Page 921 - Commodity News
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%
 "Nickel up 0.4% on strong global cues, domestic demand")
Copper up 0.1% on strong global cues, spot demand
Copper for delivery in August traded higher by 0.16%
 "Copper up 0.1% on strong global cues, spot demand")
Silver futures up 0.3% on global cues
Silver for delivery in July traded 0.30%
 "Silver futures up 0.3% on global cues")
Gold futures up 0.1% on firm global cues
Gold for delivery in far- month October contracts moved up by 0.10%
 "Gold futures up 0.1% on firm global cues")
Gold price drop impacts Titan's diamond jewellery sales growth
During FY13, Titan recorded 15% growth in jewellery sales to Rs 8,108 cr, about 30% of which came from diamonds
 "Gold price drop impacts Titan's diamond jewellery sales growth")
New generation rails will be Bhilai Steel's crown jewel
The compelling reason of his being so enamoured of BSP is it contributing about 45% to the group profit
 "New generation rails will be Bhilai Steel's crown jewel")
Milk prices up on rising input cost
Amul takes lead in west; others to follow, blames expenses across categories
 "Milk prices up on rising input cost")
NMCC meet on Tuesday to discuss textile and fibre policy
The removal of 10% excise duty on branded readymade garments has provided a much-needed fillip to the industry
 "NMCC meet on Tuesday to discuss textile and fibre policy")
Punjab area under 'direct paddy' to rise 2.5 times
Area under direct seeding for paddy in state may touch 50,000 hectares in the ongoing kharif season
 "Punjab area under 'direct paddy' to rise 2.5 times")
Coir Board's move to raise product sales
The board had previously planned to open more retail shops across the country to target Rs 100-crore additional sales from the domestic market
Gems, jewellery exports decline 16.5% in May
In May 2012, these exports stood at $3.24 billion, according to the data by GJEPC
 "Gems, jewellery exports decline 16.5% in May")
Gold up around $1,240/oz as dollar steady, equities ease
Comments from a US Federal Reserve official on the need to maintain the bank's stimulus measures for longer also helped gold recover some of the previous week's losses
 "Gold up around $1,240/oz as dollar steady, equities ease")
Chana up 0.7% on better spot demand
Chana for delivery in July gained 0.74%
 "Chana up 0.7% on better spot demand")
Coriander gains 1.1% on strong demand
Coriander for delivery in July traded higher by 1.10%
 "Coriander gains 1.1% on strong demand")
Nickel up 0.1% on firm demand, global cues
Nickel for delivery in July gained 0.19%
Cardamom down 2.4% on profit-bookings
Cardamom for delivery in August shed by 1.36%
Potato down 1.3% on less demand
Potato for July delivery fell by 1.34%
 "Potato down 1.3% on less demand")
Lead up 0.2% on spot demand, overseas cues
Lead for delivery in July moved up by 0.16%
 "Lead up 0.2% on spot demand, overseas cues")
Copper up 0.1% on global cues, spot demand
Copper for delivery in far-month November edged up by a similar margin