Page 966 - Commodity News
 "Bearish outlook persists")
 "Gold smuggling likely to rise 40% this year")
Sugar falls 0.6% on profit-booking
Rising demand from bulk consumers due to summer- season restricted the gains
 "Sugar falls 0.6% on profit-booking")
Jeera rises 0.4% on export demand
Prices rose as speculators enlarged their positions
 "Jeera rises 0.4% on export demand")
Turmeric gain 0.6% on fall in supply
Prices moved up as speculators enlarged their positions
 "Turmeric gain 0.6% on fall in supply")
Crude palm oil up over 1% on rising demand
Prices went up as speculators enlarged their positions
 "Crude palm oil up over 1% on rising demand")
Potato falls almost 2% on higher supply
Offloading of positions by speculators affected the trade
 "Potato falls almost 2% on higher supply")
Mentha oil down almost 2% on sluggish demand
Prices went down as participants reduced exposures
 "Mentha oil down almost 2% on sluggish demand")
Cardamom falls almost 1% on profit-booking
Sluggish spot demand kept pressure on the trade
 "Cardamom falls almost 1% on profit-booking")
Lead sheds over 1% on weak overseas trend
Sluggish demand from battery-makers affected trade
 "Lead sheds over 1% on weak overseas trend")
Nickel down over 1% on subdued demand
Prices went down speculators reduced their positions
 "Nickel down over 1% on subdued demand")
Zinc softens over 1% on global cues
Prices went down as speculators trimmed positions
 "Zinc softens over 1% on global cues")
Copper falls over 1% on weak global cues
Speculators offloading their positions triggered the downtrend
 "Copper falls over 1% on weak global cues")
Crude oil futures down lamost 1% on Asian cues
Prices went down as speculators reduced exposures
 "Crude oil futures down lamost 1% on Asian cues")
India copper smelter closures put cable makers in tight spot
The Sterlite and Birla smelters account for about 90 per cent of India's total copper output of 690,000 tonnes
 "India copper smelter closures put cable makers in tight spot")
Cotton sowing to drop 10-15%
At several places, prices slip below MSP; market remains sluggish without exports
 "Cotton sowing to drop 10-15%")
Wheat exports to dip as farmers hoard harvest
Shipments might fall to about 1.5 mn tonnes in the year that began on April 1
 "Wheat exports to dip as farmers hoard harvest")
SC panel refuses to direct NMDC to reduce iron ore prices
The Central Empowered Committee refused to issue directions to ore producers on producing a certain type, beneficial to industries like sponge iron
 "SC panel refuses to direct NMDC to reduce iron ore prices")
Gold prices slip on profit-selling; silver gains
Traders said profit-selling by stockists at prevailing higher levels mainly led to decline in gold prices, which had strengthened by Rs 680 yesterday