COMMODITY NEWS

Headlines:

Indian stocks edge higher in lackluster trade; ITC up 3%

Gold futures slide due to tepid demand  -   17/11/2017 16:17
G old futures were trading lower in the domestic market on Friday dampened by tepid demand from local jewellers.. Demand softness at the end of local jewellers and retailers, according to traders, pushed gold prices down, but a firm trend overseas arrested the slide. At the MCX, gold futures for December 2017 contract is trading at Rs 29492 per 10 grams, down by 0.04 per cent, after opening at Rs 2942...
Cabinet allows export of all varieties of pulses  -   17/11/2017 10:03
T he Cabinet Committee on Economic Affairs has given its approval for removal of prohibition on export of all types of pulses to ensure that farmers have greater choice in marketing their produce and in getting better remuneration for their produce. The CCEA also empowered the Committee chaired by Secretary, Department of Food & Public Distribution (DFPD) and comprising Secretaries of Department of Commer...
Mentha oil futures down on easing demand  -   16/11/2017 17:14
M entha oil futures were trading lower during the evening trade in the domestic market on Thursday as investors and speculators cut down their positions in the agri-commodity amid muted physical demand for mentha oil from major consuming industries in the domestic spot market. Further, exiting of bets by traders in the spot market was due to a fall in physical demand for mentha oil from consuming industri...
Cardamom futures up on rising demand  -   16/11/2017 16:01
C ardamom futures were trading higher during the evening trade in the domestic market on Thursday as investors and speculators extended their positions in the agri-commodity amid rise in physical demand for cardamom in the domestic spot market. Further, insufficient supplies on higher physical arrivals from the major cardamom producing regions, supported the upward trend in the domestic cardamom prices....
Aluminium futures surge on robust demand  -   16/11/2017 15:39
A luminium futures were trading higher in the domestic market on Thursday as speculators created fresh positions amid improved demand in the spot market. Analysts said fresh positions built up by participants after uptick in demand from consuming industries in the physical market mainly influenced aluminium prices at futures trade. At the MCX, aluminium futures for November 2017 contract is trading a...
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