Page 322 - Commodity News

ICEX to launch diamond futures soon

Last week received in-principle permission to restart exchange, trading expected from March

Gold prices edge up, but gains limited by US Fed's rate hike prospects

Spot gold is up nearly 5 percent from mid-December, when it touched 10-month lows

Govt to have sufficient sugar; no plans to cut import duty

The import duty on sugar at present is 40% and no overseas purchase is taking place

Saudis to duel rivals by curbing heavy oil over light crude

The discount of Dubai oil shrank to the smallest in 15 months over Dated Brent this week,

Country's soybean output to hit highest in 4 years

It is likely to rise 60% this year because of normal monsoon

MP aims to raise pulse output to help India reach self-sufficiency goal

Due to shortage of the protein-rich food, India has to fork out about $2.65 bn a year on import

Gold, silver turn weak on global cues, slack demand

After three sessions of gains, gold prices declined by Rs 20 to Rs 28,710 per 10 grams on Friday

Bitcoin crashes after beating gold, falls to Rs 70,000 on Indian exchanges

On Indian exchanges, it falls to Rs 70,000, after hitting a high of Rs 79,000

Indian jewellers to double efforts to woo European buyers

India processes around 90% of the world's supply of rough diamonds

Onion export doubles in April-Sept

Government had removed peak $700 a tonne MEP last year in phases, to nil by last month

Sugar output to be lower than expected as drought hits crops

In the past two years, back-to-back droughts have ravaged the cane crop in Maharashtra

NCDEX, MCX to launch castor seed futures on Thursday

When NCDEX suspended the trade, it said this was to protect the integrity of the market

Basmati exporters' scrips rise on high shipment, price outlook

More exports are forecast this year, as Iran is expected to restart its import after two years

Thank tiny bugs, China's hungry pigs for agriculture winners

Here's a closer look at some of the agriculture winners and losers

Potato exports resume with MEP removal

Exporters start negotiations with buyers, a few consignments booked for shipment to Colombo

Oil prices turns negative after hitting 18-month high

Prices fall due to strong dollar, which rallied to its highest since 2002

Gold edges up, silver posts huge gains on firm trend overseas

Yelllow metal adds Rs 50 per 10 grams in NCR, Silver up by Rs 300 a kg on higher offtake at home

Rajkot ComEx officially shuts down after failing to clinch Sebi approval

It was the country's only regional exchange offering castor seed futures

Gold imports lowest since 2003; govt may tighten norms for buyers in India

This year India will implement its own gold standards

Domestic steel makers start new year with price hike

Rise in coking coal prices, a key raw material for manufacturing alloy, reason for the decision