Page 998 - Commodity News
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")
Nickel down 0.7% on overseas trends
Prices fell as speculators reduced their positions
 "Nickel down 0.7% on overseas trends")
Silver futures down more than 1% on weak global cues
Prices fell as speculators trimmed their positions
 "Silver futures down more than 1% on weak global cues")
Oil down in Asian trade
Pipeline closure in US spurs fears that inventories could rise, investors eye US payrolls data
 "Oil down in Asian trade")
Market pulse for agro commodities: Mangal Keshav
Average price of small cardamom increased to '682.5 per kg while maximum price offered was up at '1,125 per kg, as per spice board.
Market pulse for bulllion and energy: Mangal Keshav
Gold holdings of SPDR gold trust, the largest ETF backed by the precious metal, declined to 1,208.92 tons, as on April 2.
Outlook for key metals and energy: Nirmal Bang
Precious metals prices fell more than 1.5 percent yesterday as economic optimism lifted U.S. equities to near a record high and weakened bullion's safe-haven appeal.
Advance e-auction of NMDC's ore cheers mills in Karnataka
The first ever advance e-auction, held on March 8, witnessed bidding for close to half a million tonnes of iron ore by large steel mills
 "Advance e-auction of NMDC's ore cheers mills in Karnataka")
Apparel likely to be costlier by 10-15%
Manufacturers take cautious move to deal with high yarn prices, amid threat of a slowdown in demand
 "Apparel likely to be costlier by 10-15%")
Rough diamond prices up 4-5% in Jan-Mar
To decline in May lean season on reduced stockiest demand ahead of the monsoon season
 "Rough diamond prices up 4-5% in Jan-Mar")
Maize remains down on selling pressure
Prices slipped due to off-loading of positions by participants
 "Maize remains down on selling pressure")
Sugar production falls by 2% in H1 2012-13
Drop in output in Maharashtra, Karnataka affects overall figure
 "Sugar production falls by 2% in H1 2012-13")
Gur recovers 0.6% on speculative buying
Prices looked up as speculators enlarged position
 "Gur recovers 0.6% on speculative buying")
Castorseed up more than 1% on brisk demand
Prices advanced as traders enlarged holdings
 "Castorseed up more than 1% on brisk demand")
Barley dips on weak spot markets sentiment
Prices slid due to increased selling by traders
 "Barley dips on weak spot markets sentiment")
Soybean up 1.5% on global cues
Prices firmed up as speculators enlarged their positions
 "Soybean up 1.5% on global cues")
Cardamom rises 1% on fresh spot demand
Restricted arrivals from producing regions supported the trade
 "Cardamom rises 1% on fresh spot demand")
Chana rises 0.6% on strong buying activity
Restricted arrivals in physical market supported the trade
 "Chana rises 0.6% on strong buying activity")
Potato up 1.54% on fresh buying
Sentiment improved further on restricted arrivals
 "Potato up 1.54% on fresh buying")