Page 965 - Commodity News
Castorseed down over 1% on selling pressure
Reduced offtake by consuming industries put pressure on the trade
 "Castorseed down over 1% on selling pressure")
Chana weakens by 0.8% on profit-booking
Increased supply from major producing regions affected the trade
 "Chana weakens by 0.8% on profit-booking")
Maize prices slip over 1% on selling pressure
Emergence of profit-booking at higher levels affected the trade
 "Maize prices slip over 1% on selling pressure")
Potato up almost 2% on rising demand
Firming spot market trend supported the trade
 "Potato up almost 2% on rising demand")
Mentha oil declines over 2% on profit-booking
Trading sentiments weakened further due to adequate stocks position
 "Mentha oil declines over 2% on profit-booking")
Crude palm oil marginally up on spot demand
Fresh positions created by speculators supported the uptrend
 "Crude palm oil marginally up on spot demand")
Cardamom rises 0.8% on spot demand
Restricted arrivals from producing regions supported the uptrend
 "Cardamom rises 0.8% on spot demand")
Zinc down 0.4% on weak Asian cues
Participants reducing their exposures triggered the downtrend
 "Zinc down 0.4% on weak Asian cues")
Nickel weakens 0.6% on overseas trends
Speculation that Chinese leaders' tolerance for slower growth rate will curb demand growth at the largest user affected the trade
 "Nickel weakens 0.6% on overseas trends")
Lead down 0.5% on subdued spot demand
Weak trend in Asian region also had a negative impact
 "Lead down 0.5% on subdued spot demand")
Copper falls 0.3% on weak Asian cues
Speculation that Chinese leaders' tolerance for slower growth rate will curb demand growth at the largest metal user affected the trade here
 "Copper falls 0.3% on weak Asian cues")
Crude oil futures down 0.8% on weak Asian cues
Prospects of weaker crude demand form China dragged down prices
 "Crude oil futures down 0.8% on weak Asian cues")
Soaring heat hits jaggery trade at Anakapalli
Traders are worried the heat conditions could damage the jaggery during transport
 "Soaring heat hits jaggery trade at Anakapalli")
Gold may trade flat to weak due to strong dollar
Last week, though, it bounced back on buying seen at lower levels, despite the dollar being strong
 "Gold may trade flat to weak due to strong dollar")
Sugar at ration shops may dry up in 15 states next month
States yet to invite tenders after partial decontrol of sugar was implemented
 "Sugar at ration shops may dry up in 15 states next month")
Food ministry for 30% dilution in jute bag use rule
Mill body protests, says arguments not factual and sector will lose Rs 2,000 cr
 "Food ministry for 30% dilution in jute bag use rule")
Gems, jewellery exports glitter in April
Demand rises in US and emerging markets but still sluggish in Europe
 "Gems, jewellery exports glitter in April")
Marine products exports from Odisha to grow 20% in FY14: MPEDA
Exports stood a Rs 793 cr in 2012-13
 "Marine products exports from Odisha to grow 20% in FY14: MPEDA")
Nickel softens 0.4% on profit-bookings
Weak trend in overseas market influenced nickel futures here6
Lead edges up on spot demand
Prices rose speculators created fresh positions