Page 985 - Commodity News
Market pulse for agro commodities : Mangal Keshav
Spot rates of soya bean crop offered by planters were down at '39.5-'40 per kg while rates across major mandis declined to '38.5-'39 per kg, as per local traders.
As gold prices crash, consumers make a beeline for jewellers
The jewellers have witnessed around 25% increase in sales in the past three days
 "As gold prices crash, consumers make a beeline for jewellers")
No iron ore export likely in FY14; some import possible
Global prices, high export duty blamed for situation; country may become net importer if port-based mills use foreign ore for their blast furnaces
 "No iron ore export likely in FY14; some import possible")
Cotton Advisory Board sees lower kharif sowing
However, the board could not provide any indications of the likely fall in acreage
 "Cotton Advisory Board sees lower kharif sowing")
Gold hovers near 19-month low; bargain buying on
India, the world's biggest buyer of the yellow metal, will celebrate Akshaya Tritiya, a key gold buying festival, next month
 "Gold hovers near 19-month low; bargain buying on")
Coriander down 4% on adequate stocks
Prices fell as speculators indulged in reducing positions
 "Coriander down 4% on adequate stocks")
Almond up almost 3% on strong demand
Prices rose as speculators enlarged their positions
 "Almond up almost 3% on strong demand")
Gold hovers near 19-month low; bargain buying on
India, the world's biggest buyer of the yellow metal, will celebrate Akshaya Tritiya, a key gold buying festival, next month
 "Gold hovers near 19-month low; bargain buying on")
Mentha oil falls 0.8% on weak demand
Prices fell as speculators off-loaded their positions
 "Mentha oil falls 0.8% on weak demand")
Crude palm oil up 0.9% on spot demand
Prices rose as speculators created fresh positions
 "Crude palm oil up 0.9% on spot demand")
Zinc down 0.5% on global cues
Prices fell as participants reduced their positions
 "Zinc down 0.5% on global cues")
Nickel down more than 1% on overseas trends
Prices dropped as speculators reduced their positions
 "Nickel down more than 1% on overseas trends")
Lead down 0.7% on subdued spot demand
Prices eased as speculators reduced their exposures
 "Lead down 0.7% on subdued spot demand")
Aluminium weakens 0.4% on global cues
Subdued domestic spot markets demand affected the trade
 "Aluminium weakens 0.4% on global cues")
Copper down 0.7% on weak global cues
Prices fell as speculators trimmed their positions
 "Copper down 0.7% on weak global cues")
Oil rebounds in Asian trade
Better-than-expected industrial production figures from the United States help prices
 "Oil rebounds in Asian trade")
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 1,145.92 tons, as on April 16
Market pulse for agro commodities : Mangal Keshav
Spot rates of soya bean crop offered by planters were down at '40.5-'41 per kg while rates across major mandis declined to '39-'40 per kg, as per local traders.
Indian basket crude prices drop below $100 mark
Profitability of upstream companies is also expected to improve
 "Indian basket crude prices drop below $100 mark")
 "Bullion drop splits central banks, Lanka sees a glittering future")