Domestic sugar refineries are operating at markedly less capacity than is usual for this time of the year, owing to excess supply.

Sugar refineries cut capacity in wake of high supply, sliding price

Business Standard

Brent crude oil prices firmed on Monday, trading above $113 a barrel, lifted by Iran&rsquo;s threat to shut a key oil-shipping route although worries over the economic health of the euro zone kept gains in check.

Brent crude above $113 on Iran supply threat

Onion auctions at 15 Agriculture Produce Market Committees (APMCs), including Lasalgaon and Pimpalgaon Baswant here came to a halt on Monday following boycott on onion-purchase by traders, protesting notices by the district administration to pay levy dues of Rs 8.5 crore.

Onion auctions take a hit in Nashik APMCs

Press Trust of India

Shares of sugar companies shot up by 14 per cent in the stock market on Monday, amid buzz of a partial decontrol of this sector, an old demand of the industry.

Sugar stocks up on decontrol buzz experts for caution 

Oil prices rose in Asian trade today with buoyant US consumer data and heightened worries over Iran's nuclear programme providing support, analysts said.

US data, Iran fears send oil higher in Asia

Crude oil futures prices rose by 0.57% to Rs 5,325 per barrel today, as speculators enlarged their positions, supported by a firming trend overseas.

Crude oil futures up 0.57% on strong Asian cues

Pepper prices plunged by Rs 515 to Rs 31,235 per quintal in futures trade today, due to sluggish demand in the spot market amid fresh arrivals from producing region.

Pepper futures tumble on sluggish demand

Refined soya oil futures prices today rose by Rs 5.15 to Rs 726.70 per 10 kg, largely in tandem with a pick-up in demand in the spot market.

Refined soya oil futures up on rising demand

Sugar futures rose by 0.14% to Rs 2,928 per quintal today on the National Commodity and Derivatives Exchange (NCDEX), as speculators created positions on expectations that the government might allow more exports.

Sugar futures up on hopes of more exports

Crude oil futures rose by 0.57% to Rs 5,325 per barrel today, as speculators enlarged their positions, supported by a firming trend overseas.

Copper showed some strength with prices rising by 0.27% to Rs 407 per kg in futures trade today, as speculators enlarged their positions supported by a rise in metal prices at the London Metal Exchange (LME).

Copper futures up on firm global cues

Mentha oil futures shot up by Rs 15.70 to Rs 1,430.80 per kg today on the back of rising demand from pharmaceutical units in the spot market against less arrivals from producing region.

Mentha oil futures gain 1% on rising demand

Mumbai-based Laxmi Vedula has never bought a piece of jewellery from anyone except her regular jeweller. &ldquo;I once got cheated and since then I have bought all the jewellery from my regular local jeweller,&rdquo; she says.

Hallmarking will push up jewellery prices

Copper rose two per cent on Tuesday, as strong import data from top metals consumer, China, brightened the metals demand outlook. Benchmark copper on the London Metal Exchange was at $7,615 a tonne by 1003 GMT, 1.6 per cent up from a close of $7,496 on Monday.

Copper up 2% on import data

Reuters 

Oil, gold and base metals are Goldman Sachs&rsquo; top commodity picks this year, with big upside risk in oil due to tight fundamentals and a potential Iranian conflict, the investment bank said.

Goldman sees upside risk in oil prices

India gold futures are likely to recover from their lowest level in a week helped by firm overseas markets, though a higher rupee could limit the upside in prices, analysts said.

Gold seen recovering from 1-wk low, Copper may fall

Gold hit a four-week high and broke above a key resistance on Wednesday, defying a stronger dollar, as the festering euro zone debt crisis lured investors to its safety and signs of strong demand from the world's top two consumers also supported.

Gold hits 4-week high, buying active

High prices deter many from participating in first set of bidding in Karnataka, Kerala and Tamil Nadu.

Season to begin with 150 tonnes on sale

Despite a 10 per cent higher output estimated for sugarcane, jaggery units in Uttar Pradesh are facing a huge supply shortage this season. From almost 100 per cent supply before November 8, farmers are selling cane only to sugar mills, as the return there is higher.

Sour buying season for Uttar Pradesh jaggery units

FMC may inquire, even as both sides cagey on committed targets not being met.

NCDEX-Jaypee anchor deal hopes stuck

The net energy import bill for India in 2011-12 is expected to be $115-120 billion, according to an estimate of various ministries in consultation with the finance ministry.

Energy bill underlines need for market-based pricing 

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