Page 264 - Commodity News

Cut diamond imports surge fourfold to Rs 408 billion, raises questions

Imports from Hong Kong, the biggest source of polished diamonds, was down 25% to Rs 38.48 billion

Commodities Outlook and trading ideas by Tradebulls for today

Commodities Outlook and few trading ideas by Bhavik Patel - Sr Technical Analyst (Commodities) at Tradebulls

Weak global trends soften gold by Rs 250, silver slips to Rs 39,300

Traders said gold prices took a hit owing to a weak global trend as the dollar remained firm, while investors awaited the minutes of the US Fed's last policy meeting

Imports of rough diamonds up by 11.11% to $15.5-bn in Apr-Jan period: GJEPC

On the other hand, imports of cut and polished diamonds have dipped by 12.91 per cent to $1.8 billion during the same period

Finished steel exports dip 30% in Jan, imports decline 44%: JPC report

India still managed to maintain its position as a net exporter of finished steel

Gold price hits a 15-month high since demonetisation in November 2016

The price of standard gold (995 purity) moved up by Rs 70 to open on Friday at Rs 30,645 per 10 grams in the popular Zaveri Bazaar in Mumbai

Crude oil consumption of Indian refineries to grow at 4.5% CAGR: Report

With infrastructure and industry projects being an integral part of the investment cycle, demand for energy will increase

Commodities Outlook and trading ideas by Tradebulls for today

Commodities Outlook and few trading ideas by Bhavik Patel - Sr Technical Analyst (Commodities) at Tradebulls

Veg oil imports jump 25% in January ahead of duty hike in Budget 2018

The probability of a duty hike and an empty edible oil pipeline at ports led to a sharp increase in imports in January

India shifts export focus to processed fruits, vegetables for better gains

Data compiled by Agricultural and Processed Food Export Development Authority showed over 15% decline in export of fresh vegetables

Cloud-based irrigation system doubles crop yield, cuts water use by 80%

At the trial farm in Tamil Nadu, eight vegetable crops were grown using the precision irrigation system

Rising crude oil prices to hit tyre manufacturing firms' profit margins

Profit margins of tyre manufacturers improved during the December quarter

Soybean output to decline by 24% on lower acreage, crop damage: SOPA

Floods in top growing states, blight disease take toll; total acreage down 5% this year

Madhya Pradesh, Maharashtra assess effect of hailstorm on standing crop

Madhya Pradesh is among the largest wheat and chana growing states in the country

Gold prices rise on firm global cues, sustained jewellery buying

Traders said positive global cues as the dollar eased after last week's rally and investors waited for more data on the US inflation amid expectations of rising interest rates

Oil investors can find relief as diesel supplies sqeeze in Asian market

Strong consumption of the fuel -- used to power everything from trucks to ships and factories -- underpinned crude's bull run last year, a rally that's now being threatened by surging American product

No upper limit to durations of contract farming, says panel

Stakeholders in the farming sector have suggested the maximum time limit be done away with

Gold plunges by Rs 600 to below Rs 31,000 level on weak global cues

Following gold, silver ready tumbled by Rs 450 to Rs 38,900 per kg and weekly-based delivery by Rs 820 to Rs 37,735 per kg

Gold hits four-week low on firmer dollar amid US rate hike views

US gold futures for April delivery were nearly flat at $1,314.50 per ounce

Govt fixing sugar release quota for mills to arrest falling prices

Move comes days after govt doubled import duty on sugar to 100%, from existing 50% to check cheap imports from Pakistan