Page 3 - Commodity

Basmati, non-basmati rice exports rose 7.37% YoY to Rs 126,000 tonnes

India's aromatic basmati and non-basmati rice exports rose 7.37 per cent to 126.97 lakh tonnes during the April-October period of the current fiscal, despite restrictions on the shipments, according to industry data. Exports stood at 118.25 lakh tonnes in the same period during the previous fiscal. "Despite curbs on exports of some varieties of rice, the overall exports remained strong so far," said Vijay Sethia, former president at All India Exporters Association. Out of total exports, basmati rice exports rose to 24.97 lakh tonnes during the April-October period of the 2022-23 fiscal, from 21.59 lakh tonnes in the year-ago period, he told PTI. Non-basmati rice exports increased to 102 lakh tonnes from 96.66 lakh tonnes during the comparable period, Sethia added. Basmati rice was shipped mainly to traditional markets of the US, Europe and Saudi Arabia, while non-basmati rice was exported largely to African countries. In September, the government had banned export of broken rice

India's inflation at 7.4%; What are inflation numbers in other countries?

Since the start of the Russia-Ukraine war in February, almost all the economies have been facing high inflation mainly driven by high commodity costs, and supply chain constraints

Sebi panel weighs relaxations in commodity derivatives framework

Looks at how market-wide position limits are calculated for commodity derivatives contracts

Are FMCG companies eyeing better margins ahead?

The consumer basket in India has been adversely affected due to the high food inflation and weak macro environment. However, easing commodity prices is expected to ease margin woes of FMCG companies

India's demand for gold rises 43% in June qtr as economy recovers: WGC

As the economy recovers from the coronavirus damage, India's gold demand for the June quarter increases by 43% compared to the corresponding quarter last year, says a report by World Gold Council.

Gold-Silver Price Today: Prices go down for a while - Monday, 1 August

Gold and Silver prices go down gradually. Chennai to be the most expensive to city to buy gold and silver.

China stimulus unlikely to reverse rout in the global metals market

While Chinese stimulus played a role in rescuing industrial commodities from slumps in global demand, after the 2008 financial crisis, in late 2015, and in 2020, there's much more caution this time

Nifty auto index surges 7% in biggest weekly advance in 17 months

The latest gain comes on the back of easing commodity prices and supply chain issues

No sign of overcapacity yet as global commodity prices come off peaks

The exception is energy, which isn't dictated by liquidity conditions, but by decisions of the Opec-plus cartel, where plenty of other factors come into play

Ukraine war impact: Bengal foundry units face heat as input prices soar

Many have been forced to drastically prune operations, taking a toll on workers' wages

Booming wheat exports from India to help relieve global shortages

The country is the top global producer of wheat after China

Commodity boom! Hind Copper, NTPC, NMDC to see up to 30% rally

With Nickel, Gold and wheat also hitting multi-year highs like Crude Oil, these five commodity related shares are likely to witness strong gains, indicate charts.

Stocks in Europe gain on commodities surge; treasuries decline

US 10-year yield heads for 2% as traders await CPI report

Low rural offtake weighs as FMCG volumes shrink nearly 2% in Q3FY22

Value growth still higher due to price hikes

Demand by pressure groups for suspension of cotton futures irrational: MCX

MCX said pressure groups in the value chain of the cotton industry are making "irrational" demand for suspension of futures trade in cotton on its platform

Demand triggers, expansion to drive growth for Grasim

Deleveraging and traction in paints business key for further gains

Healthy global demand to keep UPL's sales growth trajectory strong

Despite rising debt, margin pressures, the company has maintained its FY22 guidance

Rising commodity prices to push CAD to 1.3% or $40 bn this fiscal: Report

Given the sharp increase in global commodity prices, particularly oil, concerns about current account deficit (CAD) and its serviceability have resurfaced

India's industrial sector grows, manufacturers continue to struggle

Their revenue share in listed space declined to record low of 27.2% in Q1FY22

Some commodities have now wiped out all of their 2021 rally: Here's why

Other commodities that have seen their big rallies evaporate include platinum, while once-surging nickel, sugar and even lumber have faltered.