Page 968 - Commodity News
Jeera up over 1% on lower arrivals
Improved spot markets demand supported the trade
 "Jeera up over 1% on lower arrivals")
Cardamom up over 1% on good demand
Restricted arrivals from producing belts supported the upside
 "Cardamom up over 1% on good demand")
Mentha oil climbs 3% on spot demand
Restricted arrivals from Chandausi supported the uptrend
 "Mentha oil climbs 3% on spot demand")
Copper up marginally on global cues
Prices went up as speculators created fresh positions
 "Copper up marginally on global cues")
Silver futures down 0.36% on global cues
Speculators trim exposure amid a weakening trend overseas
 "Silver futures down 0.36% on global cues")
Gold futures recover on global cues
Firming trend in global markets after Moody's Investors Service said the US may face a credit downgrade influenced prices
 "Gold futures recover on global cues")
More steps possible on gold import: Chidambaram
FM also reiterates case for rating upgrade, PSB bank mergers
 "Rana Plaza fall exposes underbelly of B'desh garment industry")
Silver at 33-month low, gold corrects further
Yet, with gold supply low in the wake of new RBI clamp, traders still charge huge premium for spot delivery
FMC proposes evening trading in agri commodities
FMC has proposed discontinuing futures trading on Saturdays. In most exchanges, trading volumes on Saturdays are 50-70 per cent of other days
 "FMC proposes evening trading in agri commodities")
Coffee edges higher as export demand rises
Of the total 277,339 kg offered for sale, about 119,000 kg were sold, which consisted of 137,880 kg of arabica coffee
 "Coffee edges higher as export demand rises")
Cardamom gains 0.57% on spot demand
Lower arrivals from producing regions supports the uptrend
Chana gains 0.32% on spot demand
Speculators create fresh positions, tracking firm trends at spot markets
 "Chana gains 0.32% on spot demand")
Copper falls 0.9% on weak global cues
Speculation that China will continue to curb its property market influences prices
 "Copper falls 0.9% on weak global cues")
Coriander dips 3% on increased supply, weak demand
Increased supply from producing belts affects prices
 "Coriander dips 3% on increased supply, weak demand")
Crude oil down 0.38% on weak Asian cues
Speculators trim positions amid declining crude oil prices in Asian trade
 "Crude oil down 0.38% on weak Asian cues")
Jeera falls 1.27% on profit-booking
Adequate stocks influence prices
Lead down 0.81% on sluggish demand
May contract declines 0.77% on subdued demand from battery-makers
 "Lead down 0.81% on sluggish demand")
Mentha oil gains 0.93% on spot demand
Restricted arrivals from Chandausi in Uttar Pradesh also affect prices
Crude palm oil weakens 0.3% on sluggish demand
Adequate stocks influence prices
 "Crude palm oil weakens 0.3% on sluggish demand")