Over 200 tonnes of onions imported from Pakistan, which is lying at Jawaharlal Nehru Port Trust (JNPT), is likely to be cleared by this evening, according to a top port official.

JNPT to clear 200 tn of onions from Pak today

Press Trust of India

Procurement of rice by government agencies have declined to 14.53 million tonnes in the current marketing season, according to an official.

Rice procurement by FCI declines

The country's largest steel maker, SAIL today said it has hiked prices across product categories by around Rs 1,000 per tonne to offset an increase in input costs.

SAIL hikes steel prices by Rs 1,000 per tonne

Prices of onion, which is being sold at Rs 45-47 a kilogram at nearly 400 selected outlets including Mother Diary stores in the city, is likely to come down by Rs 10 a kg within the next few days.

Onion prices may come down by Rs 10 in Delhi in a few days

Retail onion prices have increased by Rs 10 per kg to Rs 60 per kg in the national capital, but remained stable in other three metros at Rs 40-65 per kg.

Onion up by Rs 10/kg in Delhi; stable in other metros

Silver prices marched to hit a new record high at the bullion market here today on hectic buying by speculators and stockists amid industrial demand coupled with bullish overseas markets.

Silver hits new record high, gold moves up further

Cement makers today increased the price of the commodity in Maharashtra by Rs 10 per 50 kg bag in the wake of a spike in demand.

Cement gets costlier in Maharashtra, North maybe next

India&rsquo;s cotton industry is likely to set many new records this season (October-September). With an all-time-high acreage of 11 million hectares (ha), production in 2010-11 is poised to reach a new high of over 34.5 million bales (1 bale = 170 kg).

Cotton to set many new records this season

Business Standard

Sugar mills in Maharashtra are expecting a jump in exports on the back of a bumper crop and high global prices.

Maharashtra mills eye exports to cash in on global sugar prices

The government has notified procedures for regular export of 5,00,000 tonnes of sugar, out of which the country&rsquo;s top two makers Bajaj Hindustan and Balrampur Chini have got permission to ship over 33,000 tonnes.

Govt notifies procedures for 500,000 tn export via OGL

The Rubber Board revised production-consumption estimates for the current financial year in tune with the slow pace of growth recorded in December 2010. According to the revised estimates, the total annual production would be 851,000 tonnes against previous year&rsquo;s figure of 831,400 tonnes, rising 2.4 per cent.The consumption estimates were lowered to 948,000 tonnes indicating growth of 1.9 per cent only.

Rubber Board lowers production estimate

Palm oil rose to the highest level in more than 33 months on concern that global supplies of cooking oils will shrink after rains disrupted harvests in Indonesia and Malaysia, the biggest producers of the tropical commodity. March-delivery futures advanced as much as 1.6 per cent to 3,850 ringgit ($1,256) a tonne on the Malaysia Derivatives Exchange, the highest level since March 2008, and closed the morning session at 3,839 ringgit. Prices surged 42 per cent in 2010, a second straight year of gains. &ldquo;The palm oil industry in Malaysia is no doubt facing a shortage in supply,&rdquo; Bernard Ching, an analyst at ECM Libra Capital Sdn, said in a report on Monday.

Palm oil reaches 33-month high

Gold prices traded marginally lower by Rs 21, to Rs 20,767 per 10 grams in futures trade today, as speculators preferred to book profits at existing higher levels following fall in demand.

Gold futures fall on profit taking, global cues

Silver prices fell from record by losing Rs 304, to Rs 46,280 per kg in futures trading today on reduced offtake at existing higher levels.

Silver futures fall from record on reduced offtake

Bids will close on January 10 and the decision on the tender will be taken by January 17, the company said on its website.

PEC floats tender to import 50,000 tn of Canadian yellow peas

Late blight, a fungal disease, has attacked the potato crop in Punjab, which is a major producer of the tuber crop in the country, raising fear of damage to the crop.

Late blight attacks potato crop in Punjab

Nickel futures prices fell by 0.70 per cent, to Rs 1,148 per kg today after speculators locked in gains even as the metal strengthened at the London Metal Exchange (LME).

Nickel futures slip on global cues

Lead futures prices today fell by 0.52 per cent, to Rs 115.90 per kg today, as speculators indulged in booking profits, ignoring gains in overseas markets.

Lead futures shed 0.52% as profit booking emerges

Crude oil prices drifted by Rs 14 to Rs 4,122 per barrel in futures trading today, as speculators reduced their positions on the back of weakening global trend.

Crude oil futures down on lower global trend

Guarseed futures prices rose Rs 74 to Rs 2,655 per quintal in the futures trading today following brisk buying by traders in line with firm spot market sentiment.

Guarseed futures climbs on frantic buying

Amid profit-booking by speculators, pepper futures prices fell by Rs 33 to Rs 23,370 per quintal today.

Pepper succumbs to profit taking; down 0.14%

Get the latest commodity market news and daily price updates on gold, silver, crude oil, and more. Stay informed with real-time trends and expert insights at Business Standard.

Page 1729 - Commodity News