Page 976 - Commodity News

Refined soya oil up 0.19% on spot demand

Analysts attribute rise in futures market to higher offtake during the ongoing marriage season

Market pulse for key agro commodities: Mangal Keshav

India's total food grain production is likely to be 255.36mn tons, well above the second estimate of 250.14mn tons, as per the third food grain advance estimates of 2012-13.

Market pulse for key metals and energy : Mangal Keshav

Gold holdings of SPDR gold trust, the largest ETF backed by the precious metal, declined to 1,065.61 tons, as on May 3.

Oil higher in Asia after robust US jobs report

Report bolsters confidence that US economic recovery is on track

Curbing bank funds will spike prices,help grey mrkts:Jewellers

RBI last week further tightened the screws on both bank and non-banking finance companies into gold funding

Commodity futures market helped farmers, shows study

The study also showed the exchanges have helped a number of brokers, traders and producers, expand their business

Platinum prices likely to remain firm this year

In India, platinum jewellery is popular as it also has industrial use

Sugar exports from India poised to rebound

End of state curbs on local sales will pull down domestic prices and encourage mills to boost overseas shipments

Foodgrain output seen rising 2%; storage woes likely for wheat

Foodgrain stocks in state-run warehouses are estimated at 60 mt, almost thrice the required quantity

Banks asked to lower gold imports

RBI suggests banks can import bullion only on a consignment basis to meet gold jewellery export need

Sugar output likely to fall 3% this year

According to industry body Isma, the final output has been marginally less because of 0.17 point drop in recovery

NMDC retains prices at April level

In April, the NMDC prices of iron ore lumps and fines stood at Rs 4,600 and Rs 2,610 per tonne respectively

Groundnut oil prices decline 5% in a weeks time

Mentha oil up 1% on fresh buying

Prices rose due to pick-up in spot markets demand

Nickel up 1% on firm demand

Prices moved up as speculators enlarged their positions

Zinc up more than 1% on overseas cues

Prices edged up amid better domestic demand

Lead up more than 1% on strong spot demand

Prices rose on stron demand from battery-makers

Silver futures up 0.81% on global cues

firming trend in precious metals in the global market on optimism that global stimulus will be sustained, influenced silver prices at futures trade here

Gold futures up on firm global cues

Price rise mainly in line with a firming trend in overseas markets on optimism that stimulus will be sustained

Market pulse for agro commodities : Mangal Keshav

Spot rates of pepper garbled were steady at '356 per kg and that of un-garbled was unchanged at '341 per kg