Page 997 - Commodity News
Copper down 04% on weak global cues
Prices fell as speculators engaged in trimming their positions
 "Copper down 04% on weak global cues")
Crude oil futures down 0.4% on weak Asian cues
Prices fell as speculators trimmed positions
 "Crude oil futures down 0.4% on weak Asian cues")
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 1,206.22 tons, as on April 3.
 "Market pulse for key metals and energy: Mangal Keshav")
Market pulse for agro commodities : Mangal Keshav
Arrivals of chana crop has declined sharply across major trading centers, as farmers are not willing to sell their crop at current prices while demand has increased from local buyers & stockist at
 "Market pulse for agro commodities : Mangal Keshav")
Oil mixed in Asian trade
This, after data showed an unexpected surge in US inventories yesterday
 "Oil mixed in Asian trade")
Gold, silver fall, tracking global markets
Commodity brokerages have downgraded the outlook for the two metals
 "Gold, silver fall, tracking global markets")
NMDC cuts high-grade ore price as demand falls
Domestic demand has dropped, tracking a global trend
 "NMDC cuts high-grade ore price as demand falls")
 "WTI crude drops on US supply; Nigerian rebels threaten attacks")
Cement makers look to govt for growth indicators
Though, double digit growth for the industry still looks distant, cement manufactures are predicting a growth of between seven and eight per cent
 "Cement makers look to govt for growth indicators")
Essar Steel raises prices Rs 1,500/tonne
Essar Steel has raised steel prices by three-four per cent, or up to Rs 1,500 per tonne, the company said
 "Essar Steel raises prices Rs 1,500/tonne")
Acute shortage of gold in south India
Jewellers feel a lost opportunity ahead of the wedding season
 "Acute shortage of gold in south India")
Copper falls as demand remains slack amid rising stockpiles
Prices fell as speculators trimmed their positions
 "Copper falls as demand remains slack amid rising stockpiles")
Coconut Board promoting nut cultivation in newer areas
There is not much area left in Karnataka, Kerala and Tamil Nadu for coconut cultivation
Better export opportunities to keep jeera prices firm: JAU study
It further estimated that jeera production was expected to be lower by 10% this season
 "Better export opportunities to keep jeera prices firm: JAU study")
Potato down more than 2% on weak demand
Prices fell as speculators offloaded their positions
 "Potato down more than 2% on weak demand")
Cardamom down 0.6% on profit-booking
Prices fell as speculators booked profits
 "Cardamom down 0.6% on profit-booking")
Mentha oil down 1.5% on weak demand
Prices fell due to increased arrivals in the spot market
 "Mentha oil down 1.5% on weak demand")
Crude oil futures down 0.6% on global cues
investors waiting for release of US payrolls data affected the crude oil futures trade
Aluminium down 0.2% on weak global cues
Subdued demand in domestic spot markets weighed on metal prices
 "Aluminium down 0.2% on weak global cues")
Lead down 0.3% on subdued spot demand
Subdued demand from battery-makers affected lead futures
 "Lead down 0.3% on subdued spot demand")