Page 990 - Commodity News

Marginal increase in rubber production in FY13

Groundnut exporters face order cancellation

Delay in shipment and disparity with international prices add to the worry

Gold plunges to over 10-month low on steep global fall

Gold suffered the second biggest fall this month after losing Rs 500 on April 3

Trading in bullion falls in last couple of months

Average gold daily turnover on MCX has been on a decline since January

Punjab expects 12% rise in sugar output this season

According to state government estimates, sugar output is likely to touch 4.25 mn quintals in the current crushing season

Forecasters cut 2013 oil demand growth estimates

OPEC in a report on Wednesday estimated consumption this year will rise by 800,000 bpd, down 40,000 bpd

Nickel up 0.2% on firm demand

Prices moved up as speculators enlarged their positions

Lead up 0.3% on strong spot demand

Prices rose as speculators enlarged their positions

Costlier dairy products push Food Price Index up

Dairy products carry 17% weight among various commodity prices included in calculation of overall FPI

'Gold-en offer to attract consumers

Being an auspicious day, consumers prefer to execute their purchase orders on Guddi Padwa

Silver down 0.6% on lower global trend

Prices moved down as speculators offloaded their positions

Gold futures soften 0.1% on global cues

Prices fell as speculators trimmed their positions

Wheat down 0.6% on record output hopes

Prices went down as speculators indulged in reducing their positions

Market pulse for key agro commodites: Mangal Keshav

Spot rates of pepper garbled were unchanged '362 per kg and that of un-garbled was steady at '347 per kg while arrivals increased to 72 tons & trades too were up at 75 tons at auctions held at Koc

Panel moots 5% cap on hike in paddy support price

CACP believed to have ranked states on marketing of farm produce

Copper falls from two week high; demand worries weigh

Three-month copper on LME shed 0.8% to a session low of $7,563 a tonne

Cotton crop estimated at 35.1 mn bales in 2012-13 season: CAI

Projected balance sheet drawn by CAI for 2012-13 estimated the total cotton supply at 41.9 mn bales

Global pepper prices to be steady till June

Rise in demand may slightly push the price up

Farmers divert wheat to MP, Rajasthan

The states have announced bonus of Rs 150 per quintal over and above the MSP to encourage higher acreage for wheat

Copper decline expected to continue

Weak demand growth seen from user industries, given the world economic outlook and high stocks