& çâÌæÚUæð´ ·¤è ¥ôÚU Îð¹Ùæ ÁæÚUè ÚU¹ð´ ¥ÍæüÌ ¥ÂÙð ÜÿØ ÂÚU ŠØæÙ ÚU¹ð´Ð ãæÚU Ù ×æÙð´, €UØô´ç·¤ ·¤æ× ·¤ÚUÙð âð ¥æÂ·¤ô ©gðàØ ·¤è Âýæç# ãôÌè ãñ ¥õÚU ÁèßÙ ·¤æ ¹æÜèÂÙ ÎêÚU ãôÌæ ãñÐ ÖÜð ãè ÁèßÙ ×ð´ ç·¤ÌÙè Öè ·¤çÆÙæ§ü €UØô´ Ù ¥æ°, çÁ™ææâæ ¥õÚU ©ˆâæã ÕÙæ° ÚU¹ð´Ð ŠØæÙ ÚU¹ð´, ÜÿØ ã×ðàææ ¥æÂ·Ô¤ Âæâ ãôÌð ãñ´ çÁ‹ãð´ ÂæÙð ·Ô¤ çÜ° ÂýØæâ ¥æÂ ·¤Öè Öè àæéM¤ ·¤ÚU â·¤Ìð ãñ´Ð

Commodity market: Gold, sugar, tea decline over week
LONDON. June 29: The oil market responded this week with a shrug to promises made by OPEC producers at their Vienna meeting to cut back on massive over-production to lift crude prices, reports AFP.
The 11 members of this powerful cartel agreed, apparently under pressure from Saudi Arabia and Iran, to curb excess crude oil output by respecting more strictly their individual quotas.
The countries in the Organisation of Petroleum Exporting Countries (OPEC), which together accounts for two-fifths of the world’s oil output, are exceeding their self-imposed production limit by eight per cent.
Among oil traders, though a lingering question remains: how can the OPEC secretariat convince countries such as Venezuela and Nigeria, which massively overstep their quotas, to toe the line?
Elsewhere on the commodities markets, both copper and rubber prices plunged dramatically on the prospect of over-supply.
GOLD: Demoralised. Investor gloom continued to weigh on gold prices, which fell
two dollars to less than 337 dollars per ounce, a low point since April 1993. on the London bullion market.
SILVER: Lethargy. Silver prices remained sleepily at around 4.75 dollars per ounce.
PLATINUM AND PALLADIUM: Tight. Platinum and palladium prices were dragged lower this week by gold's losses, but remained at peak levels because Russian exports to Japan have apparently still not restarted. GNI trading house said.
Platinum prices lost five dollars to 412 dollars per ounce, and palladium seven dollars to 195 dollars per ounce.
COPPER: Crumpled. Copper prices dived by 160 dollars to 2.430 dollars per tonne on the London Metal Exchange (LME). after a wave of speculative selling unleashed by the prospect of booming world output and mounting copper stockpiles in the last six months of the year.
LME stocks, which reflect the state of supply and demand, rose 3.350 tonnes to 124,900 over the week.
LEAD: Stable. The price of lead held steady at 625 dollars per tonne.
ZINC: Peak. Prices climbed to a 1990 high gaining 20 dollars to 1.415 dollars per tonne on speculative and technical buying encouraged by a gradual erosion of LME stockpiles.
Reserves of zinc, a metal used in anti-corrosive treatments have been gently falling over the past few months, but remain at a substantia] total of 422,000 tonnes.
ALUMINIUM: Solid. The solid decline in LME stocks gave some support to aluminium prices, wnich managed .to hold stable despite the plunge in the value of copper, at around 1,580 dollars per tonne.
Market reserves held in LME warehouses around the world continued to decline at a weekly rate of 15,000 tonnes, to 674,400 tonnes, a low point since early 1996.
NICKEL: Weaker. The price of this metal, used in steel alloys lost around 130 dollars to 7,070 per tonne, after a damaging strike at a Canadian plant appeared to be nearing its end.
TIN: Losses. Tin prices lost some ground, falling around 35 dollars to 5.565 dollars per tonne.
OIL: Scepticism. The oil market this week greeted with scepticism pledges by OPEC leaders meeting in Vienna, seeking to reverse a slide in crude oil prices, to cut back on . excess crude oil production.
Brent North Sea crude prices rose just 20 cents over the week to 18 dollars per barrel. This was despite the promise of OPEC countries under pressure from Saudi Arabia and Iran, to keep their current overall production limit, and respect their individual output quotas more strictly.
RUBBER: Squashed. Rubber prices dived seven per cent on the London market, losing 52.5 pounds to 652.5 pounds per tonne, squashed by a lack of buying and the recent financial turmoil in Thailand, the world's top producer.
The price of the tropical commodity now stands at the lowest point since February 1994. after a 50 per cent drop in rubber prices since mid 1995.
COCOA: Powdery. Prices shot up 15 pounds to a year-long high of 1.135 pounds per tonne as traders worried that the Ivory Coast, by far the world's biggest producer, could harvest
a much smaller crop this year than the last.
COFFEE: Bitter. Coffee prices plunged 120 dollars to 1.770 per tonne. With still no sign in Brazil of the crop-ravaging frosts that many had feared this winter. Weatherman have forecast a warming of temperatures in the South American country.
TEA: Decline. Prices fell on the London tea auctions, with the price of medium-quality brews declining eight pence to 125 pence per kg.
SUGAR: Meltdown. White sugar prices fell by two dollars to 3 f5 dollars per tonne.
Dealers have been grappling with contrasting influences in different countries around the world.
VEGETABLE OILS: Slip. Favourable weather conditions on the American great plains caused soya prices to slip by 38 cents to 8 dollars per bushel (of 27.2 kg, for delivery in July) on the Chicago futures market.
In Rotterdam, palm oil prices fell by 2.5 dollars to 527 5 dollars per tonne.
Sunflower oil prices rose by 50 dollars to 600 dollars per
tonne amid supply shortages across Europe.
Rapeseed oil prices fell by one guilder to 104.5 guilders per 100 kg.
GRAINS: Plentiful. The world this week looked set to reap a plentiful wheat harvest, as major producer-countries such as the United States, where rainfall quenched parched prairies, enjoyed favourable conditions.
China was likely to reap a bumper harvest as the onset of mechanisation increased output. according to the GNI trading house.
COTTON: Life Speculative purchases lifted cotton prices on the New York futures mar ket, despite an improvement of weather conditions in cottonproducing regions of the United States. China and India.
The cash market covered by the cotton outlook index remained stable at 81 cents per pound.
WOOL: Shrinking. Contrasting with several weeks of steady increase, wool prices fell this week on Australian markets, by 47 cents to 706 Australian cents per kilo for the eastern index.