Page 312 - Commodity News
Cotton exports might lose thread over Chinese offtake
Chinese government was expected to start sales from its cotton reserves on March 6
 "Cotton exports might lose thread over Chinese offtake")
Japanese firms ready to cook up a storm
At present, Japan invests a little over $6 bn in India per annum
 "Japanese firms ready to cook up a storm")
Nalco logs highest ever bauxite output, production up 17%
It achieved a volume of 6.56 million tonne in April-February period of this fiscal
 "Nalco logs highest ever bauxite output, production up 17%")
Muthoot Pappachan Group launches first ever non-jewellery platinum products
The company has introduced Lord Ganesha idol in 3g, 6g and 9g weights
 "Muthoot Pappachan Group launches first ever non-jewellery platinum products")
NAFED to provide market linkages to Punjab potato farmers
NAFED is working on three options to help Punjab farmers
 "NAFED to provide market linkages to Punjab potato farmers")
India's gold jewellery exports to UAE decline 56% in January
The fall follows levy of 5% import duty in that country to protect local manufacturers
 "India's gold jewellery exports to UAE decline 56% in January")
As global food demand rises, climate change is hitting our staple crops
Farmers face falling crop yields and growing food demand
 "As global food demand rises, climate change is hitting our staple crops")
February gold import seen at 50 tonnes as demand returns
After demonetisation, demand jumped as many people with unaccounted money bought the yellow metal
 "February gold import seen at 50 tonnes as demand returns")
Hedge funds raising exposure to commodities as prices rally
The Bloomberg Commodity Index advanced 11% last year, its first annual increase since 2010
 "Hedge funds raising exposure to commodities as prices rally")
Collateral managers start lending to intermediate agricultural players
These areas remained untapped so far due to lack of adequate collateral assets
 "Collateral managers start lending to intermediate agricultural players")
Funds prepare $2 bn oil market play as supply tightens
On Friday, the Brent May contract price settled at $56.31 a barrel
 "Funds prepare $2 bn oil market play as supply tightens")
Onion prices crash 40% on bumper production
Prices likely to remain low, as fresh arrivals of the crop continue till May 2017
 "Onion prices crash 40% on bumper production")
FCI stares at storage space shortage
Grain procurement target significantly higher; private godowns may be hired after a gap of 2 years
 "FCI stares at storage space shortage")
Gold prices hold near 3-1/2 month highs; Trump economic policy in focus
Gold has resistance at $1,362, with crucial long term resistance in the $1,300 area
Non-fumigated wheat threat looms large
Consignments with false certificates could make their way to Indian shores, posing health risks
 "Non-fumigated wheat threat looms large")
Corrugated box makers hit by input price and supply issues
Corrugated box makers face stiff competition from plastics packaging
 "Corrugated box makers hit by input price and supply issues")
India gold hits 4-month high on firm global cues
Traders say, in India the cash crunch forcing retail consumers to trim purchases
 "India gold hits 4-month high on firm global cues")
Gold buyers eye Trump's economic policy before taking positions
Globally, the metal has been a safe haven so far, due to Brexit, weaker Euro & rising crude prices
 "Gold buyers eye Trump's economic policy before taking positions")
Stage set for gold spot exchange
Sebi may regulate it under powers for investors' protection
 "Stage set for gold spot exchange")
Tariff barriers keep India out of Chinese sesame, groundnut markets
China has levied 9% duty on import of sesame seed from India
 "Tariff barriers keep India out of Chinese sesame, groundnut markets")