Page 210 - Commodity News

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.

Not sure about a jeweller's credibility? IBJA to help buyers decide

The industry body has issued two notes advising consumers against dealing with non-credible retailerS

Onion shortage: FY20 kharif, late-kharif output to fall 26%, says Paswan

The rains during September-October hit transportation of crop from these producing regions to consuming centres, he said

Gold prices unlikely to come down in near future, says SBI advisor

The prices were ruling at around Rs 39,000 per 10 gram on this Dhanteras, as against Rs 32,690 per 10 gram on the same day in 2018.

Govt raises duty drawback rates for gold, silver jewellery exports

The drawback rates have been raised to Rs 372.9 per gram for gold jewellery from Rs 272 per gram, according to a notification of the finance ministry

No dearth of gold demand, but more trust and awareness needed: WGC survey

Gold is the third-most popular investment choice, with 46% of all global retail investors choosing gold products - next only to saving accounts (78%) and life insurance (54%)

Edible oil refining capacity utilisation drops below 50% as imports rise

Small and medium-sized units at risk of complete shutdown as stagnant oilseed production adds to industry's woes