Page 972 - Commodity News
Potato down more than 1% on weak demand
Increased supplies in spot market affected the trade
 "Potato down more than 1% on weak demand")
Turmeric down 2% on profit-booking
Prices fell as speculators booked profits at current levels
 "Turmeric down 2% on profit-booking")
Chana rises 0.5% on strong buying activity
Increased buying due to wedding season triggered the uptrend
 "Chana rises 0.5% on strong buying activity")
Jeera up 0.8% on export demand
Prices rose as speculators enlarged their positions
 "Jeera up 0.8% on export demand")
Crude palm oil up 0.3% on spot demand
Firming trend in overseas markets supported upside
 "Crude palm oil up 0.3% on spot demand")
Coriander up more than 1% on rising demand
Restricted arrivals pushed up coriander prices at futures trade
 "Coriander up more than 1% on rising demand")
Mentha oil gains more than 1% on strong demand
Strong export demand also supported the trade
 "Mentha oil gains more than 1% on strong demand")
Cardamom hits lower circuit; fall 4% on profit-booking
Subdued spot market demand had a negative effect
 "Cardamom hits lower circuit; fall 4% on profit-booking")
Bourses eye brisk biz in gold ETFs tomorrow, waive off charges
NSE and BSE to allow trading of gold ETFs till 7 PM tomorrow and have waived off the transaction charges for the same
 "Bourses eye brisk biz in gold ETFs tomorrow, waive off charges")
 "Sugarcane acreage in India seen at four-year low on drought")
Gold coins preferred this Akshaya Tritiya
Bullion experts say the long-term view for gold prices was negative. Therefore, jewellers expect the demand for coins or bars to be greater
 "Gold coins preferred this Akshaya Tritiya")
Kharif sowing starts on slow pace
Has been planted in around 0.18 mn hectares of land, almost 22% less than same period last year
Crude palm oil gains 1.6% on strong demand
Prices rose amid strong domestic demand
Chana weakens on estimates of higher output
Prices declined as speculators trimmed their positions
Cardamom slips 0.4% on profit-booking
Sluggish spot market demand affected the trade
India's cotton exports may drop by 34% in 2012-13: USDA
Expected to exceed the earlier estimate of 9.2 million tonne in 2012-13 marketing year ending July
 "India's cotton exports may drop by 34% in 2012-13: USDA")
Mentha oil up 0.3% on industrial demand
Prices went up as speculators enlarged positions
Refined soya rises as demand rises
Prices rose as speculators enlarged their positions
 "Refined soya rises as demand rises")
Lead sheds 0.4% on sluggish demand
Weak global trend mainly kept pressure on lead prices at futures trade
 "Lead sheds 0.4% on sluggish demand")
Copper falls 0.2% on weak global cues
Prices fell as speculators offloaded their positions
 "Copper falls 0.2% on weak global cues")