Page 276 - Commodity News

NCDEX's new electronic warehouse receipts create market for invalid stocks

Receipt issued in Gujarat and Rajasthan for guar gum and sesame seed

How Cashews Explain Globalisation

Cultivated in Brazil, exported by Portugal and commercialized by America, the snack enriched India-until Vietnam took over

Crude oil prices to be under pressure in first half of 2018: S&P

S&P Global ratings says they are are likely to remain range-bound supported by Opec cuts and capped by US shale growth

Hallmarking runs at 30-40% capacity despite govt push

Units currently operating at 30-40% capacity

Importers book Myanmar tur for lean season

In August, the government restricted imports of tur in order to arrest its falling price and to help farmers with better realisation

Working cycle for jewellery exports cut by a fourth

Union Ministry of Finance in a notification said the period of execution of jewellery export orders should replace 90 days from the existing 120 days

IEA's view out of touch, thermal coal demand won't rise beyond 10%: Report

The International Energy Agency (IEA) had said coal use would double in India by 2040

Controlling onion prices not in our hands, says Ram Vilas Paswan

Paswan expressed its helplessness in controlling the onion price, which crossed Rs 60 per kg this week in Delhi

Oil falls on uncertainty over Russia's stand on Opec deal, higher US supply

The deal expires in March 2018 but is widely expected to be extended at Opec's next meeting on November 30

Wedding season pushes gold prices up to Rs 30,520 per 10 grams

Silver, however, fell further by Rs 200 to Rs 40,000 per kg due to reduced offtake by industrial units and coin makers

Quarterly results analysis: Apparel export gains over domestic sales

Fabric and garment maker Raymond showed profit of Rs 62 crore as against a net loss of Rs 7 crore in the pre-GST quarter of April-June

Pradhan Mantri Credit Scheme: Industry cheers incentives to powerlooms

The schemes provide for powerloom units to not only upgrade technology but to install solar power equipment to cut energy costs

Govt may scrap sugar stock limit to arrest price fall

Industry representatives met food ministry officials late last week to urge the government to remove the stock limits

EID-Parry still better placed than peers

Improved cane availability, good show of fertiliser arm to aid gains

Lower commodity prices prop up India Inc

Cumulative savings over five-year downcycle may be as high as Rs 15.2 lakh crore

Gram sowing up on hope of better prices

Wheat waits for more benign weather in some parts this rabi; planting complete in about half the normal area

Textile exports may fall 10-15% in FY18 following paring of tax exemptions

Rising rupee, shift of import orders to competing countries to add to sector's woes; readymade worst hit with 41% decline in October

Global aluminium prices to stay firm on China closures, European demand

Crackdown on old, polluting smelters by China govt will see 4 mt (10%) of aluminium capacity going offline this winter

South India tea exporters hit as Rs 100-cr GST refund still stuck with govt

Tea exporters are in a dilemma over whether they should conclude future export contracts or not due to their financial constraints

GJEPC seeks duty cut, says Indian gold imports to cross 700 tonnes in FY18

Dubai acts as a major transit point and accounts for over 50% of the $7.5 billion gold jewellery exports from India