Page 381 - Commodity News

Crude oil futures surge 1.13% on upbeat Asian cues

Oil prices pushed towards $50 a barrel in Asian markets on Tuesday

Gold up by 0.3% on global cues

Speculators raised their bets amid positive cues from global markets

Sugar output pegged at 25.1 mt: Report

Fall in iron ore prices is a pointer to commodities market fragility

Why is the gold monetisation scheme not taking off?

Banks still lukewarm; changes needed in norms for jewellers and refinery margins, among others

Oil at fresh 2016 highs on hopes of supply glut easing

US oilfield services firm Baker Hughes said the number of US drilling rigs fell to its lowest level since October 2009, which is good news for prices

Commodity picks: 16 May 2016

Summers usually being lean demand period for mustard oil and meal, prices for the derivative products are trading steady to weak

JK Tyre: The transformation specialist of the industry

The tyres industry in India will fight a losing battle with low-priced Chinese imports

Dullest Akshaya Tritiya gold sales in years

Combined gold imports in March and April, the months preceding Akshaya Tritiya, have been the the lowest in six years

Branded milk segment set to expand

Dairy sector seeing entry of large players like M&M, Godrej; focus on direct tie-ups with big-scale farms for procurement, besides value addition

Oil prices take breather but uptrend likely to continue: Analysts

IEA report shows that rebalancing of supply and demand situation could come soon

Gold above Rs 30,000 mark on global cues, jewellers buying

Gold in Singapore, which mostly determines the price trend in Indian market, rose by 0.86% to $1,274.10 an ounce

Gold price rally in Q1 best in 30 years: WGC

Gold closed the quarter at $1,237/oz, 17% above the end-2015 price of $1,060/oz

Export duty on high-grade iron ore to remain unchanged

2016-17 Budget had removed export duty for iron ore lumps and fines with iron content of less than 30%

Gold loses its shine in India; demand goes down by 39%

Price rise, jewellers' strike dampened buying sentiment, says World Gold Council; expects a recovery in second half on favourable monsoon

Global oil supply glut to 'shrink dramatically' this year: IEA

Demand for oil worldwide is set to grow at a 'solid' rate in 2016, with India the 'star performer', the IEA said

Nickel up by 0.6% on spot demand

Speculators raised their bets amid a firming trend in base metals overseas

Edible oil import bill to rise 15-20%

Water scarcity eats into Kesar mango sweetness

According to traders, 70-80% of the arrivals are of inferior quality, due to which the prices are 20% more than the last year

Maharashtra asks Centre to release 10k tons tur dal immediately

Centre has procured about 62,178 tonnes of pulses to create buffer stock in order to intervene in market in case of price rise