Page 297 - Commodity News
India's loss is Brazil's gain: Cattle trade ban hits buffalo meat exports
Uttar Pradesh is the highest buffalo meat producing state in India
 "India's loss is Brazil's gain: Cattle trade ban hits buffalo meat exports")
Commodity hedge funds see low position limits, tax as hurdles
Last week, Sebi allowed few Category III AIFs or hedge funds, to invest in commodity derivates
 "Commodity hedge funds see low position limits, tax as hurdles")
India could import more sugar as prices plunge, rupee strengthens
India is the world's biggest sugar consumer
 "India could import more sugar as prices plunge, rupee strengthens")
Agri input firms' short-term margins to remain under pressure on price cut
Govt has asked seed companies to reduce prices of all hybrid seeds by 10% with effect from June 19
 "Agri input firms' short-term margins to remain under pressure on price cut")
Commodity markets turn bearish as prices fall
Metals have fallen less than agricultural commodities and oil
 "Commodity markets turn bearish as prices fall")
Natural Rubber production up by 8.7% in May
Production during May 2017 was 50,000 tonnes, whereas it was 46,000 tonnes in May 2016
 "Natural Rubber production up by 8.7% in May")
Tomatoes at Rs 60 a kg! Crop damage to burn a hole in your pocket
Prices rise to Rs 60-70 a kg in key markets as heavy rainfall damages 70% crop in producing states
 "Tomatoes at Rs 60 a kg! Crop damage to burn a hole in your pocket")
Oil prices up on weaker dollar, but supply glut caps gain
The dollar fell 0.1% against a basket of six major currencies
 "Oil prices up on weaker dollar, but supply glut caps gain")
Cotton crop in top grower seen at three-year high on local price
India's total cotton area may climb 10% in 2017-18 from a year earlier, says Nayan Mirani
 "Cotton crop in top grower seen at three-year high on local price")
Diamond prices up by 2-5% in three weeks
Buyers disregard lean season, buy ahead of GST rollout, which would make jewellery costlier by 3-4%
 "Diamond prices up by 2-5% in three weeks")
Seafood exports to the US face quality issues
he US is the top destination for Indian seafood export
 "Seafood exports to the US face quality issues")
Govt might fix output floor for iron ore mines
Iron ore production saw 23% growth in 2016-17 over a year before, at 190 mt: Macquarie
 "Govt might fix output floor for iron ore mines")
Jewellers try to push old stock before GST roll-out
Precious ornaments are estimated to become 3% costlier under GST
 "Jewellers try to push old stock before GST roll-out")
KG basin gas output: ONGC to use GSPC's undersea infra for some discoveries
ONGC plans to use undersea infrastructure of Gujarat firm to produce gas from its own KG-basin field
 "KG basin gas output: ONGC to use GSPC's undersea infra for some discoveries")
Statsguru: Tracking commodity prices
From $110.82 a barrel in January 2014, crude oil prices collapsed just as Modi govt came to power
Commodity picks: 26 June, 2017
Turmeric is currently trading at Rs 5,916 per quintal in the Nizamabad market
Price-sensitive farmers replacing pulses with cotton
Pulses output was estimated at record 22.4 mt in the 2016-17 crop year ending on June
 "Price-sensitive farmers replacing pulses with cotton")
Distress sales of garlic, complain farmers
Govt agencies are seeking Aadhaar number, land registration paper in seller's name before procuring
 "Distress sales of garlic, complain farmers")
Iron ore export slumps with fall in global prices
Spot iron-ore prices have slumped to $55 a tonne, from a recent peak of $94.5 a tonne in late Feb
 "Iron ore export slumps with fall in global prices")
Views differ on gold's investment use after its low returns in past 5 years
With inflation now coming under control, this is likely to keep gold import low
 "Views differ on gold's investment use after its low returns in past 5 years")