Page 981 - Commodity News
Cashew workers at Palasa get wage hike, units resume operations
The operators have agreed to hike the wages by 32% for women employees and 20% for men
 "Cashew workers at Palasa get wage hike, units resume operations")
Special margins levied on NCDEX's June potato contract
A total margin of 35% was earlier added on the long side, 15% is the additional cash margin and 20% is the special cash margin
 "Special margins levied on NCDEX's June potato contract")
Gold rebounds but outlook clouded by lower investment
Gold prices are expected to end 2013 at $1,450 to $1,550 per ounce
 "Gold rebounds but outlook clouded by lower investment")
Oil up in Asia ahead of US energy report
Prices had slipped yesterday after data showed Chinese manufacturing weakening further
 "Oil up in Asia ahead of US energy report")
PIL filed in HC over UP cane arrears
Petitioner has prayed for immediate settlement of arrears, 15% interest payment over delay
 "PIL filed in HC over UP cane arrears")
UP's private sugar mills taste bitter pill
60-65 FIRs filed against mills for under-weighing, non-payment of cane dues
 "UP's private sugar mills taste bitter pill")
Ore output could rise 7-10% in FY14
Seen even higher if Goa mining resumes
 "Ore output could rise 7-10% in FY14")
Gold imports might cross 900 tonnes in 2013-14: PMEAC
Gems & jewellery exports seen rising, too, as demand remains strong in all markets except Europe
 "Gold imports might cross 900 tonnes in 2013-14: PMEAC")
Gold drops on China data, ending year's best run
The metal fell to a two-year low of $ 1,321.95 on April 1
 "Gold drops on China data, ending year's best run")
Castorseed gains more than 1% on increased buying
Prices rose on increased buying by speculators
 "Castorseed gains more than 1% on increased buying")
Jeera up 0.4% on overseas demand
Prices moved up as speculators enlarged their positions
 "Jeera up 0.4% on overseas demand")
Pepper falls 0.5% weak exports
Prices fell as speculators reduced their holdings
 "Pepper falls 0.5% weak exports")
Potato remains weak on fall in demand
Prices fell as traders trimmed their positions
Mentha oil down more than 1% on profit-booking
Prices fell as speculators booked profits
 "Mentha oil down more than 1% on profit-booking")
Zinc down 0.5% on overseas trend
Prices fell due to subdued spot and domestic demands
 "Zinc down 0.5% on overseas trend")
Copper weakens more than 1% on global cues
Besides, subdued spot market demand also put pressure
 "Copper weakens more than 1% on global cues")
Lead edges down by 0.77% on weak global cues
Prices edged lower after speculators reduced their exposures
 "Lead edges down by 0.77% on weak global cues")
Silver futures down 0.6% on lower global trend
Prices moved down as speculators offloaded their positions
 "Silver futures down 0.6% on lower global trend")
Crude oil futures down 0.3% on weak Asian cues
Trading sentiment turned weak after crude oil eased in Asian trade
 "Crude oil futures down 0.3% on weak Asian cues")