Commodities
Mon, 07/10/2017 - 17:43
Natural rubber prices have been taking cues from the monsoon and the crude oil price movement in the past few months. As tapping gets resumed after monsoon, the fundamentals look weak for the commodity for the next few weeks.
Sun, 06/25/2017 - 21:17
Pepper prices have been on a downward trajectory for the past one year. The fundamentals do not lend much support for any major upside. But the market is waiting for the monsoon updates to see whether the rains turn out to be favourable for the current crop.
Sun, 06/25/2017 - 21:16
International prices of raw sugar have nose-dived. So much so, that it makes sense for Indian sugar companies to import raw sugar even at a 40 per cent import duty.
Mon, 04/24/2017 - 01:29
Weak production forecasts and good export demand have seen castor seed surging more than 25 per cent since its re-launch in the futures market in January.
Mon, 04/24/2017 - 01:29
In 2016, the aggregate tea production across three major tea producing countries – India, Kenya and Sri Lanka – was up by nearly 3.5 per cent.
Mon, 04/10/2017 - 22:28
The US missile attack on Syria has triggered safe haven demand for precious metals. Coupled with uncertainties around the elections in Europe and Brexit, safe haven demand may keep the prices of precious metals up for the next two quarters.
Sun, 02/12/2017 - 22:24
Increase in the US shale gas production is likely to support guar gum prices in the coming months. But large stocks of uncrushed seeds will keep prices under control.
Sun, 02/12/2017 - 22:23
As the demand for Indian black pepper from stockiest and retailers has been heading southwards recently, prices have dropped significantly. However, other prices ruled fairly steady in the absence of necessary buying activity.
Mon, 02/06/2017 - 15:36
Precious metals have made considerable recovery from mid-December levels. The dollar index will continue to control the price movements and the uncertainties arising out of the political decisions could trigger safe-haven interest in the metals going ahead.
Mon, 02/06/2017 - 15:16
As natural rubber production is rising and consumption falling, as per the Rubber Board’s December data, prices are expected to decline. The production of natural rubber in the country is showing an increasing trend. It increased in December after registering a 19 per cent rise in November.
Sun, 01/15/2017 - 22:43
The trend in imported edible oil prices indicates a further spiral in the coming months, provided India is able to produce more than enough mustard to increase the availability.
Sun, 01/15/2017 - 22:43
Higher production will continue to keep soybean prices under check in the 2016-17 crop year in both domestic and international markets. Due to slow arrivals caused by demonetisation, prices are moving in a range. Further weakness in prices is expected once the new crop comes to the market.
Mon, 01/09/2017 - 01:52
Turmeric farmers in the Erode district of Tamil Nadu reaped a rich harvest from the demonetisation move. The withdrawal of hive-value currency notes led to rise in prices of good quality turmeric to Rs 9,400 per quintal.
Mon, 01/09/2017 - 01:52
After a gap of one year, castor seed futures contracts were re-launched last week on the National Commodity and Der­ivatives Exchange (NCDEX), while the Multi Commodity Exchange (MCX) too launched the contracts for the first time.