Page 174 - Commodity News

Govt allows exports of Bangalore rose onions, Krishnapuram onions

Easing ban on exports, the government on Friday allowed shipments of Bangalore rose onions and Krishnapuram onions with certain conditions

Gold prices today at Rs 53,340 per 10 gm, silver trends at Rs 61,000 a kg

In New Delhi, the price of 22-carat gold remained at Rs 48,900 per 10 gm, and in Chennai, it climbed to Rs 48,000

Consumption of non-ferrous metals to dip 3-8% in 2020 due to Covid-19: Icra

Consumption of non-ferrous metals like copper and aluminium would contract significantly this year due to the Covid-19 pandemic, rating agency Icra said on Thursday

Trading strategies for crude oil and zinc by Tradebulls Securities

Crude oil has made 'Piercing line' candlestick pattern on daily scale, which has bullish implementation

Gold prices today at Rs 53,860 per 10 gm, silver trends at Rs 60,200 a kg

In New Delhi, the price of 22-carat gold remained at Rs 48,900 per 10 gm, and in Chennai, it climbed to Rs 48,050

India's rice exports could jump to record on Thailand drought effects

Higher shipments from India, the world's biggest rice exporter, could cap global prices, reduce the country's bulging inventories and limit Indian state stockpiler purchases from farmers

Gold prices today at Rs 53,350 per 10 gm, silver trends at Rs 62,000 a kg

In New Delhi, the price of 22-carat gold remained at Rs 49,400 per 10 gm, and in Chennai, it climbed to Rs 48,450

Centre may raise ethanol procurement by Rs 2.5-3 per litre for 2020-21

The Cabinet Committee on Economic Affairs (CCEA) is expected to decide on the same soon, say sources

India to overtake China as largest LPG residential market by 2030: Report

India is expected to overtake China as the world's largest cooking gas LPG residential sector market by 2030, Wood Mackenzie said on Tuesday

India may close some of its coal plants as focus shifts to climate change

Efforts in India to close old coal plants have gathered pace amid rising outcry against air pollution and deepening concerns over climate change

Gold prices today at Rs 53,350 per 10 gm, silver trends at Rs 60,700 a kg

In New Delhi, the price of 22-carat gold remained at Rs 48,900 per 10 gm, and in Chennai, it climbed to Rs 48,020

Lower gas prices to benefit urea producers, reduce subsidy needs: Icra

The decline in domestic gas prices is likely to benefit urea producers as it will lower the cost of production and reduce the requirement of subsidy, ratings agency Icra said

Govt mulls domestic gas floor price system to protect explorers' margin

Govt proposes to implement new floor price mechanism for gas produced from domestic fields by companies such as ONGC to prevent fuel price from crashing below a threshold in subdued market conditions

Average spot power price dips nearly 3% to Rs 2.69 per unit in September

The average spot power price fell by 3 per cent to Rs 2.69 per unit in September as compared to the year-ago period on the Indian Energy Exchange (IEX) mainly due to ample supply

Trading strategies for natural gas and lead by Tradebulls Securities

Natural Gas has given sell crossover of 20 and 50 EMA on daily scale

Gold prices today at Rs 53,970 per 10 gm, silver trends at Rs 61,200 a kg

In New Delhi, the price of 22-carat gold remained at Rs 49,310 per 10 gm, and in Chennai, it climbed to Rs 48,510

Commodity picks: 5 October, 2020

Wheat is trading at Rs 1,792 per quintal in Delhi; The barley price in the Jaipur market is trading at Rs 1,367 per quintal

Relief for consumer as Indrapastha Gas reduces CNG and PNG prices

Price cut implemented across NCR and other northern markets

Fuel prices remain unchanged across metros after falling for two days

Diesel price remained unchanged across the four metro cities on Saturday after falling for two consecutive days.

Commercial mining: Steel cos stay away from bidding in coking coal blocks

No steel company has shown interest in bidding for four coking coal blocks of 38 mines put on auction for commercial mining as they have concerns about fuel quality and high capital cost