Page 970 - Commodity News
Mentha oil rises 0.7% on pick-up in spot demand
Prices rose as participants increased holdings
 "Mentha oil rises 0.7% on pick-up in spot demand")
Potato declines more than 2% on subdued demand
Prices fell as speculators offloaded their positions
 "Potato declines more than 2% on subdued demand")
Lead sheds 0.3% on global trends
Sluggish demand from battery- makers affected the trade
 "Lead sheds 0.3% on global trends")
Crude oil futures down 0.5% on weak Asian cues
Prices dipped as speculators reduced exposures
 "Crude oil futures down 0.5% on weak Asian cues")
Copper marginally down on weak global cues
Prices came dwon as speculators offloaded their positions
 "Copper marginally down on weak global cues")
Silver futures slip below Rs 43,000 level on weak global cues
Subdued trend in precious metals in the global markets on sings that investment demand is waning as US equities surged to records and dollar strengthening, led to fall in silver prices at futures trad
 "Silver futures slip below Rs 43,000 level on weak global cues")
Gold futures down on global cues
Participants reduced positions, taking weak cues from the global market
 "Gold futures down on global cues")
Gold futures down on weak global cues
Subdued trend on the domestic spot markets due to slackened demand weighs on prices
 "Gold futures down on weak global cues")
Oil down in Asia on weak US production data
Disappointing industrial production figures raised concerns that US economy is not doing as well as thought
 "Oil down in Asia on weak US production data")
Global gold, crude oil prices decline
Gold has fallen below $1,400 per ounce and Brent crude oil fell to a low of $100.75 per barrel
 "Global gold, crude oil prices decline")
 "Mjunction offers e-auction services for Odisha ore")
 "Govt raises arecanut import floor price, to protect growers")
Spread on gold futures narrows
Indication of prices, demand outlook turning bearish; traders expect further fall from June
 "Spread on gold futures narrows")
Wheat procurement likely to fall to 26-28 mt
Arrivals in UP, MP hold the key to meet the revised procurement target
 "Wheat procurement likely to fall to 26-28 mt")
Narrowing gold futures spread indicate prices, demand outlook bearish
Traders expect $100 per ounce fall in gold prices in the coming months
 "Narrowing gold futures spread indicate prices, demand outlook bearish")
Potato down more than 1% on subdued demand
Increased supplies in the physical market also affected the trade
Coriander down more than 1% on weak demand
Adequate stocks availability also affected the trade
 "Coriander down more than 1% on weak demand")
Crude palm oil down 0.4% on profit-selling
Slackened demand in spot market weighed on prices
 "Crude palm oil down 0.4% on profit-selling")
Chilli declines 0.3% % on higher output estimates
Sluggish demand affected the trade
 "Chilli declines 0.3% % on higher output estimates")