COMMODITY NEWS

Headlines:

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

Diminishing demand drags down lead futures by 0.74%  -   23/06/2017 10:40
L ead futures were trading lower during morning trade in the domestic market on Friday as investors and speculators cut down their bets in the industrial metal on sluggish physical demand for lead, from battery-makers, in the domestic spot market. Further, a decline in physical demand from battery-makers in the domestic spot market, influenced prices of lead at futures trade. At the MCX, lead futures...
Muted physical demand bites aluminium futures  -   23/06/2017 10:37
A luminium futures were little changed during morning trade in the domestic market on Friday as investors and speculators remained on the sidelines in the industrial metal amid subdued physical demand for aluminium at the domestic spot market. Further, a drop in physical demand for aluminium at the domestic spot market was due to trimming of bets by traders in the spot markets, influenced aluminium price...
Subdued demand drags down mentha oil futures by 0.66%  -   23/06/2017 10:33
M entha oil futures were trading lower during morning trade in the domestic market on Friday as investors and speculators remained on the sidelines in the agri-commodity on diminishing physical demand for mentha oil from major consuming industries in the domestic spot market. Further, trimming of bets by traders in the spot market was due to a slide in physical demand for mentha oil from consuming indust...
Cardamom futures drop 1.31% on sluggish demand  -   23/06/2017 10:30
C ardamom futures fell over 1 per cent during morning trade in the domestic market on Friday as investors and speculators exited their positions in the agri-commodity amid plunge in physical demand for cardamom in the domestic spot market. Further, sufficient supplies on higher physical arrivals from the major cardamom producing regions, influenced the downward trend in the domestic cardamom prices....
Gold rises on easing dollar demand  -   23/06/2017 08:01
G old futures closed higher in the domestic market on Thursday as the precious metal tried to clamber off five-week lows struck earlier this week. The closely watched dollar index traded little changed as gold prices closed, lessening the currency-related headwind for commodities priced in the currency, including gold. A stronger dollar tends to make assets pegged to the buck more expensive to buyers usin...
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