Threat of poor weather conditions looms. Cold wave and pest attack could damage standing Rabi crops and elevate prices across the board in 2020
The approval will benefit traders in relation to trading in commodity derivatives segment of the NSE as the derivative income will be treated as business income
Soy bean prices are expected to head towards Rs 3,650 per quintal from current levels of Rs 3,726 per quintal
NCML is a leading organisation providing a bouquet of commodity-based services under a single umbrella
If the tariff is actually implemented, China's gold jewellery export to US will not be viable and Indian exporters will get an opportunity to fill that gap
Bloomberg Commodity Index set for 15th consecutive session climb; gauge moves higher as base metals advance
RBI has opened the way for large banks to enter commodity broking services, through subsidiaries
Producers, consumer industry play hardball to protect interest
Companies scramble to protect margins as commodity prices fall
The slump in commodity prices triggered risk-off sentiment among global investors hitting equity markets and pushing up demand for safe haven assets like gold. Most Asian and European markets dropped on Friday, while the dollar gained against most emerging market currencies. The benchmark Sensex lost 267 points, or 0.9 per cent to end at 29,858.8, while the Nifty 50 index fell 74.6 points, or 0.8 per cent to close at 9,285.3. The rupee fell 0.3 per cent to close at 64.37 against the dollar. Foreign investors sold shares worth Rs 364 crore. Commodity and oil stocks witnessed selling.While oil and other commodity prices were seen stabilising on Friday, the weekly losses were enough to spook investors, raising concerns over the health of the global economy. A five per cent drop during the week, saw Brent oil prices fall to their lowest level since November 2015, erasing all gains since the Organization of Petroleum Exporting Countries (Opec) signed a six-month deal to curb production ...
Exchanges have lost 60% of their volume to unofficial trading following the tax imposition
While the sharp rise in raw material prices since June has increased their input costs, they might not be able to pass on the burden to consumers
This rule will apply to essential commodities that are sold both in loose and packaged form in retail markets
Regulator also in dialog with other sectoral regulators to permit banks and other institutions, said chairman U K Sinha
In International market Crude oil has recovered sharply and Zinc is outperforming all metals, while agri prices ramained tight
Raises projections from April forecast for crude oil but has negative outlook for metals and minerals
Sugar and coffee output to come down
They see demand outweighing supplies that were curtailed over the past few quarters across commodities
To encourage shippers to shift cargo to waterways, govt is planning to provide an incentive of Re 1 per km for a tonne of cargo
Oil may drop to $30 a barrel in sell-off