Page 209 - Commodity News

Jewellery association to launch e-commerce platform for gold trading

It will help networking of jewellers with each other and also reduce the marketing cost of jewellery which otherwise is done through costly exhibitions

Fund-starved Maharashtra sugar industry pin hopes on new coalition govt

NCP commands considerable support among cane growers and sugar mills; 75% of the state's functional units owe allegiance to the party

Gold prices soften as hopes of US-China trade deal boost equities, dollar

US President Donald Trump on Tuesday said Washington was in the "final throes" of a deal that would defuse the 16-month tariff dispute with Beijing.

India's sugar demand takes a beating over slowdown, health concerns

Global sugar consumption is expected to climb 1.3 per cent in the 2019-20 season, slightly below the five-year average, the International Sugar Organization said in a report

Tea output in the south drops by 10% on climate change, planters stressed

South Indian varieties have a 17% share in total tea production in India, and a 40% share in the country's exports

Non-ferrous metal companies see sales drop by 4.7% in Sept quarter

Among the non-ferrous metal companies, aluminium firms witnessed 21 per cent contraction in sales

Nepal's increased bullion import duty to help India reduce smuggling

Smuggling of gold via Nepal borders was not only affecting India but also Nepalese jewellers

Gold prices edge higher from two-week lows as Sino-US trade caution lingers

Global equities edged off their highest in almost two years, but kept record levels in sight

Steel sector may face disruption in iron ore supplies with 232 mines expiry

Non-integrated steel companies, which do not have access to captive iron ore mines, will be relatively more vulnerable in the event of such delay

Paddy prices staging modest recovery after hitting rock bottom

Exporters hopeful of Iran market improving next year

Cereal prices move up on lower Kharif output, changing consumption patterns

Huge stocks lying with FCI limit increase in rice, wheat prices; coarse grains costlier by up to 16% during the past one month

Gold loses some glitter, slips to two-week low on hopes of trade-feud thaw

World shares staged a cautious rally, while the safe-haven Japanese yen fell to a one-week low against the US dollar.

Maharashtra sugar mills to start crushing on Sat amid cane payment concerns

Mills in Uttar Pradesh, however, are waiting for the cane to mature and hope to start crushing around Diwali

Gold prices decline Rs 166 to Rs 38,604 per 10 gram on weak global demand

The precious metal had closed at Rs 38,770 per 10 gram on Saturday

Say cheese! Dairy brands increasingly turning to chefs to whip up recipes

Heritage Foods, Amul, and Parag Milk have chef-run campaigns to bring down marketing cost by a tenth

Coffee plantations suffer a crop loss of 33% in Karnataka, Kerala

Karnataka suffered a crop loss in around 97,365 hectares out of the total bearing area of 2,26,244 hectares of coffee and spices plantations

Gold prices fall by Rs 53 to Rs 39,007 on marginal appreciation in rupee

Globally, gold prices traded firm on Thursday amid the US-China political spat and trade uncertainities

Low prices, weak demand, volumes issues led to steel sector's muted Q2 show

Steel companies witnessed a contraction in margins, dragged down by lacklustre demand and lower global commodity prices

Gold gains amid concerns over US-China trade deal, Hong Kong tensions

Gold gains amid concerns over US-China trade deal, Hong Kong tensions

NAFED issues international tender to buy, import 100,000 tonnes of corn

The tender closes on Dec. 3 with offers having to remain valid up to Dec. 24.