Traders avoid taking position in rubber futures
Physical rubber prices closed almost steady on Friday. According to observers, market activities were extremely slow. Traders seemed to be hesitant to take fresh positions though the domestic futu... »
Sugar mills under pressure to clear stocks
Sugar prices witnessed a steady decline for the fifth consecutive day taking total loss of Rs 50-80 a quintal at mill level this week. The spot market was under pressure due to weak phys... »
Wheat rules below minimum support price level
Wheat prices dropped below the minimum support level of Rs 1,285 a quintal on Friday following slack demand. This has happened for the first time since the rabi marketing season began.
Ne... »
Edible oil stockists take advantage of weak $
The undercurrent in the edible oils market improved on Friday despite imported palmolein declining by Re 1 and groundnut oil by Rs 5/10 kg as demand eased. The extended weakness in the dollar agai... »
Cotton rules steady as ginners curb sales
Cotton price ruled steady in Gujarat and other western parts of the country on normal demand. Prices increased marginally in the North on restricted selling by ginners.
A Rajkot based cot... »
Onion exports run into quality problems
Onion exporters have begun to hold back their consignments after overseas buyers complained of quality problems.
“We have received complaints with regard to 6-7 consignments out of 10 con... »
50% turmeric goes unsold in Erode markets
Only half the stocks that arrived at the Erode turmeric market were sold on Friday. “ For want of demand, exporters kept away from buying. Stockists who had purchased over 25 lakh bags o... »
Commexes’ turnover down 7.3%
Commodity exchanges turnover dipped by 7.32 per cent to Rs 18.49 lakh crore till May 15 of this fiscal due to sluggish trade in gold and silver futures, the Forward Markets Commission (FMC) said.<... »
Crude futures down at Rs 5,077 per barrel
Crude oil futures prices fell 0.29 per cent to Rs 5,077 per barrel today as speculators trimmed positions amid a weak trend in the Asian trade on growing fears about the Euro zone’s debt woes.... »
Further correction likely in rice market
Rice prices remained flat amid tepid selling at low margins on Thursday.
Due to lack of trading at all levels, prices of almost all rice varieties remained unchanged, said Mr Amit Kumar,... »
Bears' grip on mustard could ease soon
Mustard oil gained on renewed buying support on Thursday, while mustard seeds ruled flat in markets near growing areas of Madhya Pradesh and Rajasthan.
The bearish trend in mustardseeds m... »
Growers hold back quality turmeric
Turmeric growers have begun to hold back quality produce, looking for higher remuneration. They are, however bringing only fair average quality turmeric, resulting in prices dropping on Thursday.... »
Edible oil market pauses on rupee recovery
Edible oils ruled steady on Thursday despite a sharp rebound back in Malaysian crude palm oil futures. The market took breather on partial recovery in the rupee against the dollar. The volume was... »
Sugar turns sour on slack demand
Sugar prices extended their loss further by Rs 5-10 a quintal in the Vashi wholesale physical market on Wednesday. This was due to limited local demand seen during the middle of every month and va... »
Shipping problems dog castorseed exporters
Prices of castorseed declined over 3 per cent or Rs 101 a quintal in the futures market as market participants' sold heavily. However, the downfall was restricted in the spot market as arrivals dr... »
Pepper hits lower circuits
Silver futures seen subdued on strong dollar, but weak rupee prevents sharp fall
Wheat unchanged on weak buying
Oil dips on hopes of easing Iran tensions
Spot rubber rules flat despite strong global cues
Coir exports up 28% in 2011-12
Supply woes push pepper up
Fresh buy orders heat up edible oils
Weak arrivals, strong $ perk up tur
The uptrend in masoor and tur continued on weak arrivals and higher imports. In the spot market, masoor (bold) gained Rs 25-50 at Rs 3,475-3,500 a quintal, while masoor (medium) ruled at... »
Pepper bounces back
The pepper market on Friday bounced back on buying interest amid limited supply and all the active contracts touched the upper circuit levels.
Activities were seen limited while there was... »
Silver futures fall to Rs 54,122 per kg
Silver prices fell Rs 195 to Rs 54,122 per kg at the futures trade today as speculators trimmed positions on weak cues from global markets.Further, a weakening trend in the spot market due... »
Brent crude falls to $106 on Euro zone woes
Oil prices eased in Asian trade today on growing fears about the Euro zone’s debt troubles but the falls were tempered by worries about the nuclear standoff between the West and Iran, analysts sai... »
Pepper continues to slide
Pepper market continued to head south on rumours that the commodity from Sri Lanka will land in India soon. Liquidation by some as not much ‘badla' is available in June also pushed all active cont... »
Absence of demand from bulk buyers sours sugar
Sugar prices weakened further on Thursday on continuous fall at the upper level. Spot rates declined by Rs 5-15 a quintal as demand was local and routine. Despite an improvement in buying enquiry... »
Arrival season's end likely to boost jeera
Prices of jeera (cumin)increased in the futures market as buying emerged at lower levels. However, export demand was normal and spot prices remained almost steady.
With the arrival season... »
Weakness persists in commodity markets
Caution prevailed over global commodity markets ahead of the European Union Summit. Investors were waiting for cues as to whether EU leaders will come out with a solid action plan to tackle the re... »
Edible oils flare up on weaker rupee
Continuous weakness in the rupee against the dollar pushed up imported edible oils price higher on Wednesday. Palmolein rose by Rs 6 and soyabean refined oil up by Re 1 for 10 kg as local refineri... »
Currency movements usher in bullish trend in tur
The currency market dominated the trend in tur market for the second consecutive day on Wednesday. With the rupee plunging to a new low against the dollar, the tur market witnessed an uptrend.
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