Global copper prices are expected to be subdued until September because of reduced industrial demand from China, analysts said.

Copper may hit a low patch as China curbs use

Business Standard

The country has produced record wheat, rice, pulses and oilseeds in 2007-08, according to the fourth advance estimates of foodgrains released here on Wednesday.

Foodgrain output up 6.16% in FY08

The prices of cotton have begun to ease in the Gujarat market following the announcement of the cut in thecrop&#39;s import duty.

Cotton prices in Gujarat dip after import duty cut

The government is not contemplating a ban on future trade in any more commodities as eight of them on which such trade was suspended have not helped in checking rising prices, B C Khatua, chairman, Forward Markets Commission, said on Thursday.

`No more bans in the pipeline`

The Forward Markets Commission (FMC), the commodity markets regulator, is unlikely to derecognise any of the defunct single-commodity exchanges, which have seen no trade since either inception or after the emergence of national online trading platforms.

No de-recognition of defunct comexes: FMC

The primary sugarcane survey in Uttar Pradesh, which was carried out to ascertain the total area under the cash crop, is almost over.

UP cane survey shows acreage shrinkage by 25%

After covering most parts of the country well ahead of schedule, which facilitated an early start to the kharif sowing, the monsoon had ceased to advance after June 16.

Sowing better than last year`s

Palm oil in Malaysia fell a third day to a one-month low amid speculation that losses in crude oil and competing soybean oil may reduce demand for the commodity as a alternative fuel.

Palm oil dips to one-month low

Sugar rose for a second day in New York on speculation of dry weather in India.

Sugar rises in anticipation of output cut

Market-making in commodity derivatives in India may not take off in the near future as the markets do not have sufficient depth, according to B C Khatua, chairman, Forward Markets Commission (FMC).

Market-making still some way away in India: FMC chief

Gold should continue glittering next week due to the dollar weakness, political instability and meltdown in global financial markets.

Gold should continue glittering

Aluminum rose to a record in London this weekend as Chinese smelters, the largest in the world, agreed to cut output by as much as 10 per cent through September.

Aluminum hits a record as China limits output

The prices of jeera have risen due to shrinking supply and strong demand in overseas and domestic markets.

Demand lifts jeera

Cement shares are seen moving sideways next week, in line with the broad market, amid absence of sector-specific triggers, dealers said today.

Cement stocks may move sideways; downside limited

Guarseed futures are likely to remain firm in the coming days on the back of strong export demand.

Guarseed seen strong

Cotton rose for the third straight day after the Department of Agriculture said global stockpiles will be smaller than forecast last month as the US and India produce less fiber.

Cotton gains on forecast of lower stockpiles, output

India, which has already exported 3.6 million tonnes of sugar so far this year, should be finishing the season ending September 2008 with record exports of around 4.2 million tonnes.

Sugar to stay sweet for the industry

The sharp increase in prices of key raw materials such as natural rubber (NR) and synthetic rubber has led to an additional burden of Rs 4,741 crore on the domestic tyre industry.

Tyre makers burdened by Rs 4,000 cr additional costs

Having tasted success with the pilot traceability mechanism for grapes, Agricultural and Processed Food Products Export Development Authority (APEDA) will put in place a similar system for pomegranate, mango and other organic products by the end of the financial year, enabling importers to trace the origin and level of pesticide residue in Indian farm products.

Traceability system for pomegranate, mango soon

Press Trust of India

Country's soyameal exports are likely to breach the 50,00,000 tonne mark this season, surging by 45 per cent on the back of strong demands from overseas markets, according to an industry official.

Soyameal exports likely to surge 45%

Crisis in the industrial sector in Vietnam and Brazil, main competitors of India in the cashewnut market, has resulted in its price reaching a high of $3.60 per pound in global markets as against $1.90 per pound about six months back.

Cashewnut prices reach new high

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