Sugar output in Punjab is likely to touch 27.50 lakh quintals in the current crushing season as compared to 18 lakh quintals during the corresponding period last year. The increase in output is mainly because of an increase in area coupled with expectations of better recovery (of sugar) as compared to last year.

Punjab sugar output increases, to touch 27.50 lakh quintals

Business Standard

Want fields vacated for sowing wheat; sell to khandsari and gur units, as mills wait for court to clear the cane price.

UP sugarcane farmers resort to distress sale

The National Spot Exchange (a subsidiary of the National Multi Commodity Exchange), in collaboration with the Haryana Cooperative Supply and Marketing Federation Ltd (Hafed) would roll out its pilot project of spot trading in Haryana by the end of December.

Spot trading for Haryana guar farmers by month-end

The quantitative ceiling of 720 million kg that the Ministry of Textiles has imposed on the export of cotton yarn during 2010-11 will have far reaching adverse consequences for all segments in the textile industry of India, the Confederation of Indian Textile Industry (CITI) said on Thursday.

Yarn exports cap a blow to sector, says industry body

ITC and Godfrey Phillips India (GPI) have stopped production of cigarettes in view of uncertainty over the sort of pictorial warnings needed to be carried on tobacco products from this month.

Tobacco majors halt production

The tea season in India, likely to close in the next three weeks, will clock in a deficit in excess of 100 million kg.

Tea deficit to rise on bad weather

Despite higher inventory level of aluminium at the London Metal Exchange (LME), prices of aluminium are set to rise to $2,400-$2,500 a tonne by March 2011 on the back of good demand from various sectors like aviation, transportation, electronics among others.

Aluminium prices may rise 11% by end of fiscal

In range-bound movements, lead futures traded a shade lower by 0.14 per cent to Rs 107.25 per kg today as speculators locked in gains yesterday.

Lead futures marginally down

Press Trust of India

Supported by good demand at the spot markets, nickel futures prices rose by 0.24 per cent to Rs 1,084.50 per kg today.

Nickel futures up on spot demand

Copper futures prices fell by 0.22 per cent to Rs 399.60 per kg today, as speculators booked profits amid a weak trend in global markets.

Copper futures soften on profit-booking

Medium sugar prices drifted further at the Vashi wholesale market here today on sustained selling by stockists amidst reduced retail buying.

Medium sugar drifts on subdued demand

Cardamom prices fell by another Rs 28.70, to Rs 1,172 per kg, in futures trade today, as speculators preferred to book profits amid subdued demand in the spot market.

Cardamom remains weak on profit booking

Amid profit-booking by speculators and subdued spot demand, zinc futures prices declined by 0.68 per cent to Rs 101.90 per kg today.

Zinc futures succumbs to profit-booking

Aluminium futures traded 0.52 per cent lower at Rs 105.70 per kg today, as speculators reduced their holdings at prevailing levels even as metal strengthened overseas in the previous session.

Aluminium futures down 0.52%

Mentha oil prices fell by Rs 4.40 to Rs 1,278.20 per kg in futures trade today, as traders indulged in profit-booking, driven by subdued demand in the spot markets.

Mentha oil turns weak on profit-booking

Castorseed prices surged by Rs 99 or 2.68 per cent to Rs 3,789 per quintal in futures trade today on brisk buying in the wake of firm physical market sentiment.

Castorseed futures spurts on aggressive buying

Chana prices further fell by Rs 45 to Rs 2,377 per 100 kg in futures trade today, as speculators preferred to book profits at existing higher levels, driven by subdued demand in the spot market.

Chana further falls on profit booking

Crude palm oil prices turned weak by Rs 1.90 to Rs 520.40 per 10 kg in futures trade today on emergence of profit-booking, driven by subdued demand in spot market.

Crude palm oil turns weak on profit-booking

Refined soya oil declined by Rs 1.55 to Rs 579.50 per 10 kg in futures trade today, as traders indulged in profit-booking at higher levels.

Refined soya oil declines on profit-taking

Potato prices fell further by Rs 5.40 to Rs 645.20 per quintal in futures trade today, on profit booking against poor demand at spot markets.

Potato remains down on subdued demand

Despite a firming global trend, gold prices here today fell by Rs 130 to Rs 20,770 per ten gram, on fall in demand at existing higher levels.

Silver inches up, gold down by Rs 130 on loss of demand

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