Page 294 - Commodity News

Clean paper mills make better profits

IPMA estimates India's printing paper market at 4.6 mn tonnes in 2015-16 with annual growth of 5%

Bitcoin recovers after roller coaster ride, exchanges advise caution

A new solution to raise deal speed is expected to avoid hiccups in trading when launched on August 1

Oil rises as Saudi Arabia pledges deep cuts to August exports

Oil remains in bear market amid concern that rising global output will offset curbs by Opec, allies

New good delivery norms for gold: BIS wants independent monitoring body

Also wants such an agency to come under its purview

Over half of India faces sugar crunch despite stock carryover, bumper crop

Poor rain threatens recovery in production this season, sugar prices at three-month high

Commodity picks: 24 July, 2017

Turmeric is currently trading at Rs 7,371 per quintal in the Nizamabad market

Sugar mills to raise supply after govt nudge to regulate prices

ISMA says it advised its members to boost supply to curtail prices

Arhar, soybean, sunflower acreage likely to remain less than last year

Sowing of many kharif crops have completed in almost 70% of the normal area this season so far

Gold demand slumps as prices rise, seasonal consumption slows in India

Dealers in India offered discounts for gold, as the absence of key festivals kept demand subdued

Gold imports double to $11.25 bn in Q1 due to seasonal, festive demand

According to commerce ministry data, Gold imports stood at $4.90 billion in April-June 2016-17

Gold hits 3-week high in Singapore, as dollar dives to 13-month low

A weaker dollar makes US dollar-denominated gold more attractive for buyers using other currencies

Spot sugar price jumps to three-month high of Rs 4,050 a quintal

Sugar companies' stocks jumped by up to 10 per cent on Thursday, with Shree Renuka Sugars in lead

GST impact: Non-availabilty of gold brings jewellery exports to standstill

Importers fear 3% tax on gold with full input credit will block working capital on every gram sold

Potash demand to take a hit, with China-induced price hike

Negotiations with international supplier to begin soon, China already settled higher price benchmark

Proposed gold exchange to have its own good delivery norms

Good delivery draft based on global norms, Indian elements to deal with finance and production numbe

SC allows trading of Renewable Energy Certificates

There are around 1,200 projects under the REC mechanism, with a total capacity of 5,383 MW

MCX partners with Thomson Reuters to launch co-branded commodity indices

As Sebi gradually opening up mkt, next could be PMS in commodities that are useful for benchmarking

Gold prices hit two-week high as dollar slides amid imminent Fed rate hike

Jump was spurred by consumers buying ahead of July's increase in GST, says GFMS analysts

Government buying of pulses falls 86% short of target

Nafed blames buffer limit and price fall for poor performance

Shortage of jute sacks to hurt kharif season procurement

Jute Commissioner's office is yet to update its Jute Smart portal and make it compliant with GST