Page 279 - Commodity News

Widening gap between WTI and Brent increases Shale oil demand

Overall sentiment remains bullish for fossil fuel in near term

Rice price may surge as Chhattisgarh govt announces bonus on paddy

Move will help farmers earn Rs 1,850 a quintal for common grade and Rs 1,890 for 'A' grade variety

India importing onion, despite export rising 56% in April-July

The onion export increased by 47.69 per cent to Rs 1,443.09 crore in the period under review

Finished steel exports surge 45% in Oct, imports rise 11.5%: JPC report

JPC is the only institution in the country that collects data on the Indian iron and steel industry

Stronger rupee dents tea exporters' income

Prices fell particularly in the UK, Ireland, Netherlands, Germany, UAE and Australia

Wheat prices scaled up to Rs 15 per quintal on increased offtake by flour

Wheat MP and Wheat dara strengthened to Rs 2,180-2,375 and Rs 1,875- 1,880. Atta chakki delivery followed suit and rose by Rs 20

Govt fixes Sovereign Gold Bond rate at Rs 2,961 per gram

Govt in consultation with RBI has decided to offer discount of Rs 50 per gram to investors applying online and making payments digitally

Gold demand slumps as prices rise during peak wedding season

India's gold consumption is likely to drop to its lowest in eight years in 2017

India's gold demand down 24% in September quarter as GST levy, PMLA bite

WGC reported India's overall gold import during the July-September quarter at 161.4 tonnes, up 62 per cent from the corresponding quarter of the previous year

Plywood, laminate industry in doldrums: High GST, chemicals prices hurt

Sharp drop in demand for plywood leading to a decline in sales and a major threat of direct and indirect job losses

Indians' love for gold declined in September quarter, demand down 24%: WGC

The gold demand in India stood at 193 tonnes during the third quarter of 2016, according to WGC's Global gold demand in Q3 2017

Commercial coal mine auction may be completed this year: Coal Secretary

Coal Secretary Susheel Kumar said the Cabinet Committee on Economic Affairs might take a decision on the commercial mining proposal this month

Gold imports may fall 25% in October -December

Weak festival demand takes shine off; lower purchases by India could drag global prices

India eyes record sugar output in 2018-19

Initial forecast are however against such views

1,440 diamond buyers take delivery on ICEX

27 carats of polished stones worth Rs 83 lakh change hands as exchange completes first-ever diamond futures contracts settlement

India's gold imports in Q4 may fall 25% on weak festive demand: Analysts

Lower gold purchases by India could drag global prices that have already fallen nearly 6 per cent from this year's peak

Rising crude oil prices fuel market fall

Sensex sinks 360 points; companies across sectors likely to see margin pressure

One year of demonetisation: Note ban helped expedite gold reforms

Despite follow-up measures, jewellery demand increased, wholesale trade fell in line

Rising crude oil price drives up cost of synthetic textile raw materials

Brent crude rose 15.2 per cent in a month to its current $64.12 a barrel for spot delivery

Wedding bells set to ring in fresh gold demand in India

Gold is considered an essential part of weddings in India, second-biggest consumer of the metal in the world after China, and it is a popular gift on such occasions