Caustic soda prices declined by Rs 50 per 50 kg in the national capital today following reduced offtake by consuming industries against fresh arrivals from producing regions.

Caustic soda declines on reduced offtake   

Press Trust of India

Select edible oil prices fell marginally by Rs 20 per quintal in the wholesale oils and oilseeds market today due to sluggish demand at prevailing higher levels amid a weakening global trend.

Edible oil down on sluggish demand, global cues  

Red chilli and black pepper prices rose by Rs 200 per quintal in the national capital today on increased buying by stockists and exporters amid low stocks.

Chilli, pepper up on stockists buying, low stocks   

Silver snapped its eight-day rally today and fell by Rs 1,200 to Rs 60,500 per kg, due to profit selling by stockists at existing high levels, amid a weakening global trend. Gold also fell by Rs 110 to Rs 21,430 per 10 grams on reduced offtake at prevailing high levels.

Silver slips from record to Rs 60,500, gold down by Rs 110  

Almond prices fell by Rs 100 per 40 kg in the national capital today due to selling pressure amid subdued demand from stockists and retailers.

Almond declines on subdued demand

Base metals fell at the non-ferrous metal market here today on heavy stockists offloading on the back of declining trend at the overseas.

Base metals fall on global cues

Procurement of rice declined by one per cent to 25.57 million tonnes so far in 2010-11 season that started in October last year compared to a year-ago.

Rice procurement down marginally to 25.57 mn tonne

Cottonseed oilcake prices improved by Rs 15 to Rs 1,130 per quintal in futures trading today following increased buying by traders in line with a firm spot markets sentiment.

Cottonseed futures up on increase buying    

World cotton production is likely to touch a record 126 million bales in the 2011-12, driven by an expansion in plantings in most producing countries, according to the International Cotton Advisory Committee(ICAC).

ICAC pegs record global cotton output at 126 mn bales

Sugar prices firmed up at the Vashi wholesale market here today on the back of fresh buying from retailers and stockists amidst festive offtake.

Sugar rises on fresh buying   

The wholesale gur prices firmed up in the national capital today following less arrivals amid better offtake and registered gains upto Rs 50 per quintal.

Gur prices gain on paucity of stocks   

Sugar prices remained steady in the national capital today following ample stocks against ongoing demand.

Sugar closes quiet on some support

The domestic sugar stock position is expected to turn surplus in the current season with the sugar output likely to outstrip domestic consumption marginally, leading rating agency ICRA said here.

Sugar output may see 30-35% growth in 2010-11: ICRA 

Refined palmolein weakened further in an otherwise sluggish oils and oilseeds market here today due to poor demand from retailers on the back of bearish Malaysian advice.

Refined palmolein ease on poor demand    

Domestic sugar prices are likely to witness a modest rise over the next six months if global crude oil prices remain firm as Brazil could go for greater use of ethanol, rating agency ICRA said today.

Sugar may become marginally dearer: ICRA

Silver prices plunged further at the bullion market here today as speculators continued to offload their holdings amidst bearish global outlook.

Silver plunges on sell-off, gold declines

Govt to appeal amid fear that the US and EU may extend it to other products.

India may move WTO against US countervailing duty on steel

Business Standard

Sugar production in India, the world&rsquo;s second-biggest grower, may advance for a third year as farmers increase plantings, pushing down global prices.

Sugar prices to decline as output likely to climb 5%

Varda Shine, CEO of Diamond Trading Company (DTC), the marketing arm of De Beers, which produces close to 40 per cent of the world&rsquo;s supply of unprocessed stones, is currently on a tour to India for assessing the market. She spells out her observation of growth in an interview with Dilip Kumar Jha.

Q&A: Varda Shine, Diamond Trading Company

Tea exports from south India rose by 9.44 per cent in February 2011 to 5.33 million kg on the back of increased overseas demand, according to an industry body.

Tea exports from south India up 9.44% on overseas demand

Sustained efforts on the part of sugar mills and Haryana agriculture officials have yielded results as sugar mills in Haryana have recorded a better crushing season this year.

Sugar production goes up in Haryana

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