Record energy prices and power failures from China to South Africa are leading to mounting concerns that aluminium supplies will be curtailed within five years as production costs increase, futures prices show.

Aluminium traders see cost upswing until 2013

Business Standard

Cardamom flowering has been seriously affected by shortage of feritilisers, especially factamphose.

Fertiliser scarcity hits cardamom flowering

National Aluminium Company (Nalco) has cut prices of its rolled products by Rs 3,500 per tonne, B L Bagra, director (Finance) said on Tuesday.

Nalco cuts product prices

The country&#39;s mining industry is projected to cross over $30 billion (about Rs 1,27,662 crore) accounting for about 2.5 per cent of the GDP in the next four years, a latest report said.

Mining industry to cross Rs 1.27 lakh cr in four years

Press Trust of India

Asian stocks fell for the first time in four days, led by banks and automakers, on renewed concern that credit losses will widen and slow global economic growth.

Asian stocks decline

The 12-day old agitation by Gujjars seeking scheduled tribe status for their community in Rajasthan, has badly disrupted movement of two key items, mustard and wheat in the sate and has boosted their prices.

Gujjar stir hits movement of mustard, wheat

The country's sugar output is likely to decline by 15 per cent next year on diversion of crop to other remunerative crops including coarse grains and oilseeds.

Indian sugar output may dip 15% next yr

Cotton output in India, the world's third largest grower, may rise to a record next year as farmers increase their use of genetically altered seeds to boost yields, a government official said.

Cotton production may reach record on genetically altered seed

With four months still to go in the 2007-08 kharif procurement season (October-September), the government&#39;s rice purchase at 25.2 million tonnes till date has surpassed last season&#39;s procurement of 25.1 million tonnes.

Govt rice purchase overshoots last season`s total

Orissa-based Resurgere Mines and Minerals India, a Rs 200-crore iron ore exporter, has applied for prospecting licence for three mines in Sindhudurg (Maharashtra).

Orissa firm eyes Maharashtra mines

Gold slipped Rs 160 in the Mumbai bullion market on weak sentiment prevailing in the sector.

Gold down Rs 160 to Rs 12,155 per 10 gm

The continuous rise in input costs, which eats into the profits of companies, may force domestic cement makers to re-work their pricing strategy after June this year.

Cement companies may revisit pricing strategy after June

Global uranium supply is sufficient for the next 100 years and countries going ahead with nuclear energy programmes would have enough fuel to meet their demand and growth, says the International Atomic Energy Agency (IAEA).

Enough uranium supply for next century: IAEA

Asian stocks advanced, led by exporters of cars and electronics, after Japanese and South Korean automakers outsold US manufacturers in America for the first time and the dollar rallied.

GLOBAL MARKETS: Asian stocks advance

Multi Commodity Exchange (MCX), the country&#39;s largest commodity exchange, is all set to launch futures trading in aviation turbine fuel (ATF) next week.

MCX set to kick off ATF futures next week

Lead, which has been trading weak since late last year, is expected to stay feeble through the rest of the year, traders and analysts said.

Lead prices may decline on bearish trend, thin demand

The gold guinea contract introduced recently on the country&#39;s largest commodity exchange, the Multi Commodity Exchange of India (MCX), is emerging to be one of the most attractive avenues for retail investors with small savings.

Retail investors make believe for gold guineas

Asian stocks fell, led by commodity producers and banks, on concern slowing global growth will reduce demand for raw materials and trigger wider credit-market losses.

GLOBAL MARKETS: Asian stocks drop

Cotton farmers in Gujarat are increasingly migrating to Bt cotton from the local short staple variety Kalyan 797, said industry officials and traders.

Better irrigation boosts Gujarat Bt cotton area

The Multi Commodity Exchange of India (MCX) is launching futures trading in crude palm oil (CPO) tomorrow (Friday).

MCX to launch crude palm oil futures trading today

Domestic coffee prices are likely to be steady-to-weak in the next seven days tracking international markets, traders said today.

Coffee prices likely to remain steady on global cues

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