Commodity Market News, Commodity Trading, Commodity news & analysis

Crude palm oil remains up on demand expectations

Crude palm oil futures prices rose 0.68 per cent at the Multi Commodity Exchange.

Barley futures slip on selling pressure

Barley futures prices declined 0.34 per cent on profit taking by traders.

Cardamom marginally up on spot demand

Cardamom futures prices rose 0.40 per cent at the Multi Commodity Exchange.

Gram rises on strong demand, tight supply

In limited deals, prices of gram and its dal rose by Rs 50 per quintal in the national capital on strong demand against tight supply.

Rice deals above 10k tonnes

All rice purchases exceeding 10k tones will come under official scrutiny in the kharif marketing season.

Maize up on fresh buying

Maize futures prices rose 0.25 per cent at the National Commodity and Derivatives Exchange on Thursday on buying by traders.

Crude palm oil futures remain up on positive global cues

Crude palm oil futures prices strengthened 0.56 per cent at the Multi Commodity Exchange.

Zinc marginally up on short-covering, global cues

Zinc continued its two-session winning streak and prices moved up 0.58 per cent in futures trading.

After 20 years, India to import rice

India, a traditional rice exporter, will import the grain for the first time in 20 years to meet a projected shortfall of the crop hit by drought and floods, government said.

Nickel futures down on profit taking

Nickel turned weak in futures trading and was 0.28 per cent down at the MCX.

Lead futures succumb to profit taking, global cues

Lead futures prices declined marginally at the MCX due to profit taking by speculators.

Zinc remains up on global cues, spot demand

Zinc prices moved up 0.19% at MCX supported by gains at London Metal Exchange.

Aluminium remains up on global cues

Aluminium continued to trade in the positive zone in futures trading at the MCX.

Palmolein, crude oil prices rise

Wholesale prices of select edible oils rose up to Rs 30 per quintal.

Guarseed futures hit contract-high on industrial demand

Guarseed futures continued upward march for the third straight day and prices moved up further 1.69%.

Cardamom weakens in futures trade on profit-booking

Cardamom futures prices fell 0.86% at the MCX after speculators booked profits at existing higher levels.

India needs to import rice to make up for lower output: FM

India will have to import rice during the 2009-10 marketing season (October-September) despite surplus in godowns.

PEC to import of 2,500 tonnes of soyabean oil

State-run PEC has invited bids for import of 2,500 tonnes of crude degummed soyabean oil.

Veg oil import touches a record 86.6 LT in 08-09

The country's vegetable oil import has touched a record 86.6 lakh tonne in the 2008-09 oil year ending October.

MMTC to import of 18,000 tonnes of RBD palmolein

State-run MMTC has invited bids for import of 18,000 tonnes of RBD palmolein.

Bihar to hand over PDS management to PACS

Nitish Kumar has said steps have been taken to hand over the management of PDS to Primary Agriculture Cooperative Societies (PACS).

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