Page 203 - Commodity News

How rise in prices of key food articles is impacting your daily budget

The first of a two-part series on 'Kitchen woes' shows how prices of milk, sugar and wheat have moved lately

Kharif production likely to decline due to heavy post-monsoon showers

Rice output in 2019-20 is expected to decline by 8.2 per cent over last year and maize by 11.9 per cent

Budget 2020 wishlist: Steel firms want zero duty on pet coke, coking coal

As per the existing duty structure, both coking coal and anthracite coal attract 2.5% import duty

Budget 2020: Commerce ministry seeks a reduction in import duty on gold

Gross export of gems and jewellery declined by 5.3% to $27.7 bn for the first nine months of this FY

Commodity Picks: 13 January, 2020

Weak domestic and export demand is expected to weigh on prices in the near term

Ultimate price target for gold $4200 per ounce in long term: Chris Wood

With the US-Iran crisis not lacking vigour, gold prices are correcting

Gems & jewellery sector banks on Centre's support for growth

Government support may help the industry to mark growth in 2020, compared to decline in 2019

Domestic paddy prices hold firm over damage to crop last year

Iran is the largest buyer of Indian basmati and shipments had stood at nearly $1.5 billion in 2018-19

Supreme Court rejects mining body's plea to sell iron, manganese ore

SC said sale and purchase of iron ore was conducted in outrageous manner and on unacceptable terms

As gold prices turn volatile, brokerages reduce leverage to clients

Brokers said they have reduced leverages to most of their clients to twice the intra-day trading limit now as compared to five times earlier

Restrictions put on palm oil imports, move to hit shipments from Malaysia

The move comes against the backdrop of remarks by Malaysia on the new citizenship law and Kashmir issue

Supreme Court declines to stay Delhi HC order against Monsanto Technology

The Bench presided over by Justice R F Nariman issued notice to all parties and posted the hearing for July 18

Global iron ore production set for modest growth during 2019-2028: Research

Iron ore supply growth woul be primarily driven by India, Brazil where major miner Vale is set to expand output with its new mine

Three years after Gorkhaland agitation, Darjeeling tea set for a rebound

In 2017, following the Gorkhaland agitation for separate statehood, the Darjeeling tea industry was totally shut for the entire prime season

Gold prices surge 2% to hit new record as investors rush for safety

Crude oil and silver follow suit, metals recover on LME following China's favourable trade policy

Diamond exports fall sharply on Customs' approach; changing preferences

Polished diamonds and coloured gemstones were big underperformers in this basket. But gold and silver jewellery as well as synthetic gemstones have shown positive trends

Gold prices zoom Rs 720 to hit lifetime high of Rs 41,730 per 10 gm

Silver also witnessed increased buying as it surged Rs 1,105 to Rs 49,430 per kg from Rs 48,325 per kg in the previous trade

Gold surges to Rs 40,969 per 10 gram in futures trade amid US-Iran tensions

Globally, gold prices rose 1.67% to $ 1,578.40 per ounce in New York

Oil surges again after Trump threatens Iraq sanctions, Iran retaliation

Brent crude futures soared to a high of $70.27 a barrel at 0222 GMT, up $1.67, or 2.4 per cent, from Friday's settlement.

Commodity picks: January 6, 2020

Jeera is trading at Rs 16,217 per quintal in Unjha