Page 223 - Commodity News

5 reasons why the Iran deal will have no impact on oil prices

This will only facilitate the world powers to get closer to the nuclear reactors for inspection rather than allow Iran to get closer to the market.

Poland leads June purchases as central banks turn hawkish on gold again

The Polish Central bank bought 95 tonnes of the metal that month, China 10 tonnes.

Tea Board fixes minimum price for South Indian varieties at Rs 60 a kilo

North Indian price still being arrived at; Board is also working on e-auction reforms based on IIM Bangalore recommendations

Govt changes import duty valuation for gold and silver after Budget

New method aims to plug loophole that allowed importers to pay a lower duty.

NCDEX gets Sebi's approval to launch 'whole moong' futures on July 8

Moong is one of the highest consuming and trading varieties in the Indian pulses basket

Commodity outlook by Tradebulls Securities: Sell zinc, buy silver

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

Stock in hand, govt marginally hikes MSP of paddy, pulses for kharif season

The government's rice and wheat stocks in the central pool as of June 1 was estimated to be around 74.14 million tonnes

2.5% import duty waiver on iron ore lumps a cost relief for steel mills

The move is likely to facilitate greater ore availability to steel mills post March 31, 2020 when licences of many merchant mines expire

Gold soars by Rs 600 in Mumbai's Zaveri Bazar, silver shows modest uptrend

Strong rupee takes some shine off rally in yellow metal; jewellery buyers defer fresh purchases on hopes of a correction in prices from current high levels

Gold's not glittering: Can retailers attract young buyers with a new story?

In the last five years, India's demand for gold jewellery has remained around 600 tons while investment demand has shrunk

Gold correction on US-China patch up talks only for short term: Analysts

Support is seen at $1,365-1,375 levels, at which the metal delivered 5X returns over a five-year period

Sugar output seen falling 14% next season, opening stock to hit record high

Industry pins hope on exports, ethanol procurement by OMCs for buoyancy; opening stock in Oct 2019 seen at thrice 'normative requirement' of 5 mn tonnes in carryover stock

Commodity Picks: 1 July

Maize prices in Gulabbagh are trading at Rs 2,085 per quintal

Rising food grain stocks: Govt mulls hike in BPL quotas, open market sale

Food ministry holds meeting of all stakeholders to mull options for liquidating food grain stocks which currently at a six-year high of 74 million tonnes, lying with FCI

Gold demand could fall to three-year low as prices hit record high

Local gold prices hit a record Rs 35,960 per 10 grams on Tuesday, having jumped more than 10% over the past month

Gold slides over 1% as Fed dashes imminent rate-cut hopes

Gold prices hit their highest level since May 14, 2013 at $1,438.63 in the previous session

Govt slaps duties on new pneumatic radial tyres imported from China

The Department listed nearly eight tariff items and duty ranges from 9.12 per cent to 17.57 per cent

Gold enters long-term bull market but analysts urge short-term caution

Experts are now eyeing the Trump-Xi meeting on Saturday; if a deal to end the trade war is struck, gold could shed $100 quickly. But if things worsen it could move by as much as $200

Commodity Picks: 24 June

Maize is trading at Rs 2,090 per quintal prices at the Nizamabad market

Gold price hits lifetime high on global cues: All you need to know

Standard gold jumped 1 per cent to hit a lifetime high of Rs 33,895 per 10 grams in the physical market at Zaveri Bazaar (Mumbai) on Friday