Page 986 - Commodity News

Lead down 0.7% on subdued spot demand

Prices eased as speculators reduced their exposures

Aluminium weakens 0.4% on global cues

Subdued domestic spot markets demand affected the trade

Copper down 0.7% on weak global cues

Prices fell as speculators trimmed their positions

Oil rebounds in Asian trade

Better-than-expected industrial production figures from the United States help prices

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

Bullion drop splits central banks, Lanka sees a glittering future

Copper gains on hopes of the dragon's appetite for metal

Three-month copper on LME rises to $7,274 a tonne, up 1% from previous close

India likely to export 7.5 MT wheat, says UN body

According to the FAO report, wheat plantings in India are around last year's good level

Silver slump splits hedge funds from ingot hoarders

Silver, which entered bear market on April 2 and plunged 11% yesterday, is expected to average $31.25 an ounce in the fourth quarter

Wheat procurement in Punjab gathers steam

Govt agencies procured 0.36 mn tonnes till date, whereas pvt traders procured 4,070 tonnes of wheat

Cashew kernel exports may see 18-20% fall

Fall in consumption across EU, US and consolidation of Vietnam in global cashew trade have hit India's exports

Madhya Pradesh soya output seen at record high

The commissioner land records has projected 82 lakh ton of soya production this year against last year's 64.97 lakh ton

Decision this week on new grain storage tenders

If things fall in line, tenders for the creation of 2 mn tonnes of silo capacity will be floated next month

Festivals push up coloured jaggery prices

Prices at Anakapalli have shot up 18-20% over the last one week due to unexpected demand from Maharashtra, MP

Gold plummets by Rs 1,160 to Rs 26,440

Gold prices have lost a whopping Rs 3,160 per 10 grams in the last three trading sessions

Gold dips below Rs 27k level; down Rs 1,160 on weak global cues

In line with overall trends, silver also plunged by Rs 1,875 to Rs 46,125 per kg

Gold prices in India seen recovering after massive fall

Gold in India, the world's biggest buyer of the metal, has shed 21% from the record high of Rs 32,464 for 10 grams struck in November

Almond falls almost 3% on subdued demand

Fresh arrivals from overseas markets put pressure on almond futures