Page 975 - Commodity News

Cardamom gains 0.36% on spot demand

Traders create fresh positions against restricted arrivals from producing regions

Pepper gains 0.8% as demand picks up

Traders create fresh positions on restricted supplies from Kerala and depleting stocks

Turmeric weakens on subdued export demand

May, June contracts shed 1.5% and 2.4% respectively, as traders trim positions over new arrivals from growing areas

Sugar up marginally on summer-season demand

May, June contracts rise 0.03% and 0.14% respectively, as higher supplies in spot market cap gains

Potato gains 1.36% on rising demand, tight supply

Traders build positions on restricted arrivals from producing belts

Zinc up marginally on spot demand, global cues

May, June contracts gain 0.24% and 0.1% respcetively, as metal firms up abroad on hopes of higher Chinese demand

Nickel up marginally on global cues

May, June contracts both rise 0.1% as global markets show signs of firming up

Crude palm oil softens on weak demand, global cues

May, June contracts shed 0.17% and 0.33% respectively, as stocks pile up in spot market

Mentha oil falls 0.4% on profit-booking

Higher arrivals from growing areas, weak spot demand push prices downin futures deals

Silver futures down 0.8% on global cues

Traders trim positions over concerns of a slowdown in physical purchases abroad

Gold futures down 0.3% on global cues

Speculators offload positions at home as weak trends set in abroad; metal loses 0.7% in Singapore

Silver futures down 0.77% on global cues

Speculators trimmed their positions, tracking a weak trend overseas

Gold futures down on global cues

A weak trend in the overseas markets on signs that physical purchases may be slowing after prices climbed to the highest since April 15, mainly put pressure on gold futures here

Oil down on profit taking

Dealers book profits after a rally on robust US jobs data, rising tensions in the Middle East

Oilmeal exports dip as prices remain firm in India

According to data provided by the SEA, oilmeal exports have fallen 51% to 199,168 tonnes in April this year from 403,090 tonnes in April 2012

Bihar opens highest number of wheat procurement centres

Bihar has decided to open 8,997 wheat purchasing centres across the state, the highest in the country

Steel imports to remain a hot issue for India

The speed at which China built steel capacity has left the rest of the world bewildered

Silver demand for investment falls over 80% in 2012

Fall has a direct reflection on imports also

Gold recovers on heavy buying, silver extends gain

Standard gold spurts by Rs 215 per 10 gm to end at Rs 27,365, Silver ready strengthened by Rs 135 to finish at Rs 46,410 per kg

Maize sheds 2% on aggressive selling

Traders offload positions as global markets slacken and and fresh crops arrive