Page 221 - Commodity News

Sebi directs commodity exchanges to constitute product advisory panel

The regulator, however, has left it to the exchange to accept, modify or reject the recommendations of the committee

Analysts see gold price hitting Rs 40,000 per 10 g by the end of the year

In Mumbai's physical market, standard gold (995 purity) was trading at Rs 36,850 on Wednesday, nearly Rs 1,000 lower than in the futures market

Global iron ore prices at five-year high, but India fails to cash in

By failing to extend the zero export duty benefit on higher grade ore, Indian miners could not cash in on supply shocks and rising Chinese demand

Jewellers return to unorganised sector, hurt by high taxes on imported gold

Jewellers see better business sense in the grey market

Multi Commodity Exchange wants partial hedging for metals on local bourses

Currently, these large companies (such as Hindalco) hedge all their risks in metal prices on bourses abroad

Tea prices shoot up at auctions after rains hit Assam, West Bengal

Estates in central Assam recorded between 4.50-6.50 inches of rainfall as against a normal rainfall of 1-1.50 inches in July.

US-China trade war: India's gem and jewellery export gets a boost

If the tariff is actually implemented, China's gold jewellery export to US will not be viable and Indian exporters will get an opportunity to fill that gap

Commodity prices fall worldwide, falling rupee helps India market

Agri, metals, oil down, gold jump sharply reacting to global economic and geo political uncertainties

Jute mills warned after faltering on supplies for kharif marketing season

The jute industry struggled to meet its supply commitments for packing food grains in June and July

Sebi expands position limit base for farm commodity futures

Puts agri commodities in three categories, asks comexes to declare position limits in 30 days

Commodity picks: 5 August, 2019

Soy bean prices at the benchmark Indore markets are trading at Rs 3,633 per quintal

Soon, govt may re-introduce credit insurance scheme for jewellery exporters

Since the $2-billion Punjab National Bank scam was discovered last year, the entire gems and jewellery sector has faced a massive liquidity crunch, as banks have put it on a negative list

October futures gold prices cross Rs 36,000 after Trump's tariff on China

Gold imported unofficially has been selling in Mumbai around Rs 34700 per 10 gram.

Vedanta to export over 50% of aluminium as India increases imports

The company is also focused on strong growth of the domestic market

Commodity outlook by Tradebulls Securities: Buy crude, nickel

Commodity outlook and trading ideas by Bhavik Patel - Sr. Technical Analyst (Commodities), Tradebulls.

India's gold demand to soften in Q3 on price rise, rural distress: WGC

Two-thirds of India's gold demand comes from rural areas, where jewellery is a traditional store of wealth

Gold, silver futures in near- and far- month trading at huge spreads

Two gold maturity contracts were trading at a spread of Rs 900 per 10 gram

Futures in commodity indices likely by FY20 end, with MCX as first mover

Rival NCDEX is in the process of finalising a partner for indices management.

Commodity picks: 29 July, 2019

Coriander prices in Kota are trading at Rs 7,091 per quintal

Sebi brings non-agri commodities under staggered delivery contracts

Cuts minimum period to five days from 10 days earlier, to enhance liquidity