Page 922 - Commodity News
Mentha oil up 0.6% on spot demand
Mentha oil for delivery in August rose by 0.50%
 "Mentha oil up 0.6% on spot demand")
Crude oil futures down 0.6% on weak Asian cues
Crude oil for August delivery moved down by a similar margin
 "Crude oil futures down 0.6% on weak Asian cues")
Silver futures up 0.5% on firm global cues
Silver for delivery in the September traded higher by 0.50%
 "Silver futures up 0.5% on firm global cues")
Gold futures rebound by 0.2% on firm global cues
Gold for delivery in August contracts moved up by 0.17%
 "Gold futures rebound by 0.2% on firm global cues")
Crude palm oil up 1.1% on strong spot demand
Crude palm oil for delivery in August moved up by 1%
 "Crude palm oil up 1.1% on strong spot demand")
Early sowing raises hope; all eyes on July rain
Experts say too early to estimate final output
 "Early sowing raises hope; all eyes on July rain")
 "ITA conspiring against people of Assam: Neta")
Muted MSP hike positive for food inflation: Nomura
Government last week raised the MSP of nine farm items, including some pulses and oilseeds
 "Muted MSP hike positive for food inflation: Nomura")
Silver up sharply on ratio punters' bets
Ratio trading in gold and silver prices is a trading tool. Ratio fell from 66.16 on Wednesday and was trading around the same level on Thursday when ratio punters started short covering in silver to t
Gujarat does it again; ranks top in least paddy distortion
States with the worst market distortion procure over 60% of the crop
 "Gujarat does it again; ranks top in least paddy distortion")
Precious gold bounces on strong retail buying
The metal had lost a whopping Rs 2,010 or 7.41% in the last five-straight trading sessions
Gold at 23-mth low on rupee appreciation, global overnight fall
The fall in silver was capped as investors saw potential for a limited pullback
 "Gold at 23-mth low on rupee appreciation, global overnight fall")
 "Growers to now sell coffee online")
Govt to reimburse Rs 719 cr to CCI for MSP buying
The decision was taken by Cabinet Committee on Economic Affairs
 "Govt to reimburse Rs 719 cr to CCI for MSP buying")
Gold plummets by Rs 1,150; hits 23-month low in Delhi
This is the third-biggest single day decline ever
Gold futures extend losses, slip below Rs 25k on global cues
Gold for delivery in October declined by 1.72%
 "Gold futures extend losses, slip below Rs 25k on global cues")
Copper supply growth to remain slack
Rising output, energy costs seen as reasons
Refined soya down 0.6% on slack demand
The oil for delivery in July contract traded lower by 0.66%
 "Refined soya down 0.6% on slack demand")
Jeera weakens 1.1% on sluggish demand
Jeera for delivery in the August contract moved down by 1.18%
 "Jeera weakens 1.1% on sluggish demand")