Page 956 - Commodity News
Cardamom down 1.1% on profit-booking
Adequate stocks in the spot market also put pressure on the cardamom prices.
 "Cardamom down 1.1% on profit-booking")
Mentha oil prices decline 2.3% on profit-booking
Mentha oil prices for the July delivery drifted by 2.13%.
 "Mentha oil prices decline 2.3% on profit-booking")
Crude palm oil down 0.8% on profit-booking
Crude palm oil for delivery in July traded lower by 0.75%.
 "Crude palm oil down 0.8% on profit-booking")
Zinc down 0.3% on global cues
Zinc for delivery in the July shed 0.32%.
 "Zinc down 0.3% on global cues")
Gold futures down 0.4% on weak global cues
Gold for delivery in August shed 0.42% per 10 gm.
 "Gold futures down 0.4% on weak global cues")
Silver futures down 0.2% on global cues
Silver for delivery in September declined by 0.24%.
 "Silver futures down 0.2% on global cues")
Gold ETFs inflows back in black
Asset class witnessed net inflows of Rs 5 crore in May
 "Gold ETFs inflows back in black")
Crude oil futures down 0.3% on Asian cues
Crude oil for the June delivery moved down by 0.36%.
 "Crude oil futures down 0.3% on Asian cues")
Copper fall 0.3% on weak global cues
Copper for delivery in August also fell by a similar margin to trade at Rs 414.85 per kg in 538 lots.
 "Copper fall 0.3% on weak global cues")
Weak rupee might help arrest steel price fall
Steel majors are unanimous that the cost of production is set to increase by at least Rs 1,000 a tonne if the rupee stabilises at 58. Much of the increase will come from coke, which is largely importe
 "Weak rupee might help arrest steel price fall")
Rupee depreciation pushes apparel exporters' margins by 5-7%
The Indian currency hit a life-low of Rs 58.98 (before closing at Rs. 58.38) against dollar on Tuesday as against level of Rs 53.31 in January 2012
 "Rupee depreciation pushes apparel exporters' margins by 5-7%")
NMCE gets permission to restart pepper futures
The FMC had directed to stop futures trading in pepper with May 2013 contract
Sugar output could dip 10% in 2013-14 to 22 mt: K V Thomas
Food Minister K V Thomas cites lower cane production in drought-affected areas
 "Sugar output could dip 10% in 2013-14 to 22 mt: K V Thomas")
Gold imports may decline to 50 tonnes in June: experts
Sharp fall in rupee, high global prices of the metal may put downward pressure on import demand
 "Gold imports may decline to 50 tonnes in June: experts")
Crude palm oil remain up by 5.8% on firm spot demand
Palm oil imports by India probably jumped to the highest in three months in May as local supplies fell amid expanding demand..
Silver up 0.4% on firm global cues
Silver for delivery in the September traded higher by 0.45%.
Cardamom up 2.4% on strong demand, limited arrivals
Cardamom for the July contract rose by 1.38%.
Gold futures up 0.8% on global cues
Gold for delivery in August contracts moved up by 0.80%.
Copper up 0.7% on global cues
Copper for delivery in August contracts edged up by 0.62%.
 "Copper up 0.7% on global cues")
Lead up 0.6% on global cues, spot demand
Lead for delivery in June edged up by 0.63%.
 "Lead up 0.6% on global cues, spot demand")