Page 988 - Commodity News
Lead down more than 1% on global cues
Subdued domestic demand affected the trade
 "Lead down more than 1% on global cues")
Gold sinks to two-year low; other precious metals hit
Gold hit an intraday high at $1,495.16 an ounce, but then plunged to $1,427.14, its lowest since April 2011
 "Gold sinks to two-year low; other precious metals hit")
Copper falls more than 1% on global cues
Subdued domestic demand affected the trade
 "Copper falls more than 1% on global cues")
Nickel down 1.30% on weak global cues
Subdued demand from alloy-makers affecred the trade
 "Nickel down 1.30% on weak global cues")
Crude oil futures down almost 2% on weak Asian cues
Prices fell as speculators reduced exposures
 "Crude oil futures down almost 2% on weak Asian cues")
Silver futures fall below Rs 47,000 level
Weakening spot markets trend due to subdued demand affected the trade
 "Silver futures fall below Rs 47,000 level")
Gold futures at 15-month low of Rs 27,100/10 grams
Gold prices recorded the biggest ever fall of Rs 1,250 per ten gram to hit one-year low of Rs 28,350 on Saturday
 "Gold futures at 15-month low of Rs 27,100/10 grams")
Emkay: Agri Daily Insights
Spot demand in Jeera has increased but due to increasing arrivals the prices are under pressure. Jeera old stocks were reported at around 8 - 9 lakh bags all over India. Production expected 40 - 45 la
Market pulse for agro commodities : Mangal Keshav
India's vegetable oils imports in the month of March 2013 increased by 23.2% to 8.96lakh tons, as compared to 7.27lakh tons in March 2012.
Oil down as China's GDP comes in below expectations
Forecasts of weaker global demand also weigh
 "Oil down as China's GDP comes in below expectations")
India's vegoil imports down 7.5%
Country's March palm oil imports fall for 2nd month in a row
 "India's vegoil imports down 7.5%")
Five farm products that can change India's agriculture landscape
The five products have been selected based on their crop size and relevance for consumers, growers and crop diversity
 "Five farm products that can change India's agriculture landscape")
Gold prices on a crash course
After yesterday's global meltdown, bullion prices fall 3.5% in domestic markets; analysts see downtrend continuing
Silver dips below 49k level, tracking global trend
A weakening trend at the spot markets due to subdued demand put pressure on the metal prices
 "Silver dips below 49k level, tracking global trend")
OMCs to pay 30% more to sugar mills
Analysts say the decision will increase sugar mills profitability by 25%
 "OMCs to pay 30% more to sugar mills")
Gems & jewellery exports may grow 15% in FY14: GJEPC
Demand in the US market is improving, but recovery in the European market would take some more time
 "Gems & jewellery exports may grow 15% in FY14: GJEPC")
Global gold prices slide to lowest since July 2011
This is due to pressure from losses on the wider financial markets
 "Global gold prices slide to lowest since July 2011")
Gold declines on frantic sell-off, hits multi-month low
Trading sentiments in India were hit by the precious metal's sharp correction in overseas markets in the last two days
 "Gold declines on frantic sell-off, hits multi-month low")
Lead up 0.1% on strong spot demand
Prices rose marginally on rising spot demand