Page 364 - Commodity News

Soybean output declines to lowest in 11 years

Scenario looks grim for this year's crop too, due to delay in monsoon rain; farmers await even distribution of rainfall to start sowing

Better yields to boost cotton production in 2016-17: ICAC

Globally, average yield is set to improve by 5% to 735 kg a hectare, production is set to rise by 5% to 23 mn tonnes

Silver price surges, imports halt

Market quoting at a huge discount as price crosses Rs 45,000 in India

Chinese demand boost jeera exports 181% in first quarter

India has exported 45,000 tonnes jeera in first quarter of current financial year as against 16,000 tonnes in corresponding period of 2015

Oil bulls beware because China's almost done with amassing crude

Import protection helps soda ash industry

Import protection helps soda ash industry

Maize shortage hits starch makers

According to trade estimates, the crop for the current season is 17 million tonnes, against the domestic demand of 20 mt

Bullish sentiment returns in base metals

Supply shortage, economic stimulus to support prices

Govt expects auction of 30 mineral blocks by Aug

Union mines secretary Balvinder Kumar, however, said the government is yet to take a call on imposition of safeguard duty to check the spate of cheaper imports of aluminium

Oil prices dip on oversupply concerns

Supply outlook has improved after looming strike action in Norway - one of the biggest producers of North Sea crude - was called off

Oil prices edge up more after Brexit shock

Egg prices hit record high

However, higher input costs eat into profits of farms

Gold smuggling on the rise

Official imports well below estimate of unofficial quantities entering the country; trade says duty rates need to be cut

Gold recovers by 0.2% on positive global cues

Speculators enlarged positions amid a firm global trend

Silver up 1% on firm global cues

Metal for delivery in September was trading higher by Rs 435 or 1.01%

Crude palm oil futures extend losses on muted demand

Oil for delivery in June traded lower by Rs 2.40 or 0.47%

Wheat stock position comfortable

Better monsoon to reduce price pressure in pulses: Study

IMD has forecast better than normal Southwest Monsoon for the year

Most agri commodities up on rupee depreciation

Non-agri commodities witnessed a sharp volatility in the last two days since the result of the United Kingdom referendum was announced

Gold down by 0.8% in futures trade on weak global cues

Participants lightened their positions, largely in tandem with a weak trend overseas