Page 325 - Commodity News

Apparel makers advance end-of-season sales

Manufactures report 30-50% fall in sales due to demonetisation

Gold prices recover on renewed demand, silver declines further

Gold for February delivery rose to USD 1,141.30 an ounce. Last week, gold shed about 1.8 per cent

Gold imports shrink 30.5% to $15.7 billion in Apr-Nov

Total imports of the precious metal in the corresponding period of FY16 stood at $22.64 billion

Flexible packaging makers react to polymer price rise

This is already prompting users to shift to value-added products

Steel firms plan biggest price hike from January

To raise prices by Rs 6,000 per tonne on huge cost-push

India's only castor seed exchange at Rajkot downs shutters

Fails to bag Sebi nod for new contracts

Gold slumps to 10-month low, sheds Rs 500 on global weakness

Silver too dipped below the Rs 40,000-mark by tumbling Rs 1,350 to Rs 39,600 per kg on poor offtake by industrial units and coin makers

Weaving a sad tale: Banarasi weavers left in the lurch

Powerlooms, lack of policy push heritage art towards extinction

UP sugar mills in sweet spot with 0.5% higher recovery

Barring 1.5-2 per kg decline due to demonetisation, prices remain elevated

Gold imports up 23.24% in November

Imports were worth $3.54 billion in November last year, according to the official data

Gold, silver decline on global cues

Standard gold closed at Rs 27,500 per 10g on Thursday to trade at a level not seen since Feb 4

India sees oil touching $60 a barrel before retreating

The rise not only threatens fiscal maths of a nation that is 80% dependent on imports to meet its oil needs but may also spur inflation

Gold faces US Fed heat, sheds Rs 200 per 10 grams; tepid demand hurts

Silver too cracked below the Rs 41,000-mark by falling Rs 450 to Rs 40,950 per kg

Get this: Indians have Rs 66 lakh crore worth of gold, reveals wealth report

However, the report said that the proportion of investments in physical assets such as gold and real estate will reduce overtime

Apeda cancels licences of 5 groundnut exporters

Says aflatoxin level was not maintained within specified limit

Oil prices fall after US Fed rate hike, but tighter market looms

Beyond the bearish impact from the US interest rate hike, oil prices were also dragged down by rising output from OPEC

Rising commodity prices may squeeze India Inc margins

After a 500-basis point gain over the past six quarters, India Inc's Ebitda margins will be under pressure on rising metal and energy costs

Rice scrips gain as China opens market

The share price of Kohinoor jumped 14.6% to Rs 72.85 while that of Chamanlal Setia rose by 6.1% to Rs 74.2

Non-Opec supply to rise but end of glut in sight: Opec

Opec expects some non-cartel producers to ramp up production next year

Veg oil import could fall this year

Output increase estimated and demonetisation has also hit consumption for the time being; however, overall affect remais to be seen