Polymer prices continued to move in a tight range in the local plastic market today and ended flat amid poor buying support from plastic moulding units.

Polymers end steady on lack of buying support 

Press Trust of India

An overall steady trend was noticed at the spices market here today due to lack demand from stockists and retailers amid adequate stock availability.

Spices close steady in thin trade  

The increase this season could be largely on the back of a 4.5 per cent increase in cropping area.

India's sugar output may rise to 26 mt

Business Standard

The Competition Commission of India (CCI) will investigate an alleged cartelisation charge on the domestic jute industry. Prima facie, the regulator has found substance in the complaint and last week decided to initiate a probe, said a sugar industry official.

Jute industry under CCI lens for alleged cartelisation

Prices likely to rise 25% on festival demand, fall in imports due to low global output.

Pulses set to get costlier this year

Last year&rsquo;s price swings in cotton have discouraged the decades-old practice of cotton farmers to selling their crop in forward deals before harvesting. This season, no forward deals have happened so far, due to heavy defaults and losses incurred by ginners and traders last year.

Cotton farmers stay away from forward trading

The Supreme Court (SC)-appointed Central Empowered Committee (CEC) has recommended transportation of about 25 million tonnes (mt) of iron ore already mined and at various mines in Karnataka. The matter is likely to come up for hearing on Friday.

CEC favours iron ore transportation from Karnataka

Silver prices fell by Rs 131 to Rs 63,461 per kg in futures trade today as speculators locked in gains at existing levels amid a weak trend overseas.

Silver futures succumb to profit-booking, overseas cues

Amid profit-booking at record levels by speculators and a weak trend overseas, gold futures slipped by 0.53% from their record level to Rs 27,450 per 10 grams today.

Gold slips from record levels on weak global trend

About 70% of country&rsquo;s trade likely to operate from this centralised complex from Jan.

Bharat Diamond Bourse to get going soon

The government may extend stock limits on essential commodities like pulses and edible oil for one more year.

Govt may extend stock limit on pulses, edible oil

The latest decrease in the price of natural rubber (NR) may ease the pressure on the ailing tyre industry. The industry sees the drop in the prices of NR, the main raw material, as a positive sign in the light of very thin profit margins.

No immediate rise in tyre prices 

The Rubber Board has indentified Assam as a&rdquo; potential state&rdquo; to &ldquo;replicate the Tripura success story&rdquo; and plans to bring 2 lakh hectares area under rubber plantation in the state in near future. It has a set a target to bring at least 12,500 hectares area under rubber plantation in Assam and 35,000 hectares in North East in the 12th five year plan.

Assam Rubber Board to bring 12,500 hectares under plantation

India&rsquo;s garment exporters are scouting for new destinations in the wake of tepid demand in the traditional US and European markets.

Indian garment exporters scout for new markets

With gold prices hitting new highs everyday, the consumption demand in India is believed to stay firm, says Ajay Mitra, managing director (India, Middle East), World Gold Council (WGC), in an interaction with Rutam Vora.

Q&A: Ajay Mitra, World Gold Council

Eighteen co-operative sugar mills, despite a negative net worth, will now be entitled to a pre-seasonal loan of Rs 146.83 crore, due to a guarantee provided by the state government. These mills would be able to participate in the ensuing crushing season, beginning October 1. The government guarantee was a must, according to the norms fixed by the National Bank for Agriculture &amp; Rural Development (Nabard)for grant of pre-seasonal loans to be disbursed by the cooperative banks in the state. The state cabinet at its meeting on Wednesday, chaired by Chief Minister Prithviraj Chavan, gave its approval.

Maharashtra to give guarantees for pre-seasonal loans to 18 sugar co-ops

Oil was higher in Asian trade today ahead of a speech by US Federal Reserve chief Ben Bernanke, analysts said.

Oil higher ahead of Bernanke speech

Gold moved down by 0.39% to Rs 26,190 per 10 grams in futures trade today as speculators locked in gains registered during the shiny metal's steady rise to record levels over the past few weeks amid a weak trend in global markets.

Gold loses sheen in futures trade, down 0.39%

Potato prices rose by Rs 5.10 to Rs 493.50 per quintal in futures trade today as speculators created fresh positions, driven by a pick-up in spot market demand due to the ongoing festive season.

Potato futures rise on spot demand

Crude oil prices fell by 0.63% to Rs 3,937 per barrel in futures trade today as speculators booked profits, even as the rates rose in Asian trade.

Crude oil futures decline on profit-booking

Cardamom prices rose by Rs 2.80 to Rs 765.50 per kg in futures trade today as speculators enlarged their positions, supported by good demand in the spot market due to the ongoing festive season.

Cardamom futures up 0.37% on spot demand

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