Maharashtra co-operative sugar mills are facing a unqiue problem of rapidly falling prices mainly due to sharp increase in non-levy sugar releases for January and deferment of exports. Sugar prices have crashed by Rs 300 a quintal as the current ex-mill non-levy sugar realisation is in the range of Rs 2,550-2,600 a quintal and factories have gone into short margins.

Excess non-levy sugar a problem for Maha co-ops

Business Standard

Bullion turnover in the country&rsquo;s largest commodity futures bourse, the Multi Commodity Exchange (MCX), declined nearly 40 per cent on Tuesday due to traders&rsquo; reluctance over unwinding their long-term position in supply-scarce commodities. The falling trend, however has been on since the beginning of this week, as participants stayed away from entering fresh contracts.

Turnover of precious metals falls on MCX

Scotching speculation the government is planning to curb futures trade in essential farm goods to cool inflationary pressure in food items, Forward Markets Commission (FMC) Chairman B C Khatua today said there is no such case as of now.

No case now to suspend futures trade in farm products, says Khatua

India's import of vegetable oil declines by 4.4 per cent to 7.52 lakh tonnes in December, 2010, according to a trade body.

India's vegetable oil import declines 4% in Dec

Press Trust of India

Prices of maize and bajra rose up to Rs 20 per quintal on the wholesale grains market today on increased industrial demand amid restricted arrivals.

Maize, bajra up on industrial demand

Copper and nickel prices declined up to Rs 5 per kg on the local non-ferrous metal market today on sustained selling by stockists on the back of weakening trend at London Metal Exchange (LME).

Copper, nickel remains down on global cues

Arhar and its dal prices declined up to Rs 100 per quintal in an otherwise steady wholesale pulses market today owing to slackness in demand.

Arhar, its dal decline on sluggish demand

Subsidised onions priced at Rs 35 a kg by agri-cooperative Nafed is selling like hot cakes in the national capital, following which the agency has increased the number of such mobile vans from today.

Subsidised Nafed onions selling like hot cakes in Delhi

Guarseed futures prices improved by Rs 19 to Rs 2,587 per quintal on better buying support by traders to meet the rising demand in spot markets.

Guarseed futures gain on increased buying support

Barring a fall in sesame oil on sluggish demand, prices generally held steady on the wholesale oils and oilseeds market today.

Sesame oil declines in thin trade

Buoyed by the tight supply amid spot demand, jeera continued its upward march for yet another day to trade 0.45 per cent higher at Rs 14,015 per quintal in futures trade today.

Jeera rises on tight supply, spot demand

There was not much activity on the wholesale steel and iron market today as prices moved in a narrow range in limited deals and settled around previous levels.

Steel, iron prices remain flat in thin trade

Cottonseed futures prices surged by Rs 13 to 1,067 per quintal today on heavy buying by traders.

Cottonseed futures gain on low inventories

Chana futures prices declined by Rs 10 to Rs 2,400 per 100 kg today as speculators booked profits at higher levels, triggered by subdued demand in the spot market.

Chana futures fall on profit taking

The Tamil Nadu government today said it would take up issue of removing sugar from futures trading with the Centre, in order to keep its price under check.

Tamil Nadu govt for removing sugar from futures trading

Both the precious metals, silver and gold extended losses in the national capital today on heavy sell-off by stockists on the back of weakening global trend.

Silver slips below Rs 45k level on weak global cues, gold eases

Taking weak cues from global market, zinc futures prices moved down by 0.10 per cent to Rs 110.90 per kg today as traders indulged in offloading their positions.

Zinc futures down by 0.1%

Cardamom futures prices fell back by Rs 20.10 to Rs 1,540.20 per kg today, as speculators booked profits triggered by subdued demand in the spot market.

Cardamom futures turn weak on profit booking

Barley futures prices recovered by Rs 10.80 to Rs 1,300 per quintal in future trade today owing to short covering by traders in line with firm spot market cues.

Barley futures improves on fresh buying

In range-bound activity, lead futures prices today fell marginally by 0.10 per cent to Rs 120.30 per kg, as speculators indulged reducing positions tracking weak trend overseas.

Lead futures shed 0.1% in thin trade

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