Commodities

Gold edges higher as dollar eases, equities rally pauses

Gold prices inched up on Thursday as the dollar eased and a rally in equities paused, while investors kept a close watch on Sino-U.S. trade talks.

Gold edges higher as dollar eases, equities rally pauses News

Oil prices edge lower after US inventories build

Oil prices dipped on Thursday, with Brent edging away from the psychologically important $70 level after easing in the previous session on data showing a surprise build in U.S. inventories.

Commodities News

Relief for Maharashtra farmers; grape exports surge 20% this season

Exports are likely to surpass the previous year's level as there is a rise in the output of export-quality grapes this year, following conducive weather in key growing areas of Maharashtra.

Commodities News

On a high: Ethanol makers look to substitute 7.2% of petrol usage

Previously, the best ever achieved was last year, when contracts for 160 cr l were signed and 150 cr l of ethanol was supplied in the 2017-18 ethanol supply period. Average all-India ethanol blending

Commodities News

Solvent extractors’ body seeks 5 pct cess on import of RBD Palmolein

In response to this, the Solvent Extractors Association of India (SEA) has sent a memorandum to the Centre, requesting the government to impose 5% cess on the import of RBD Palmolein to safeguard the

Commodities News

Mahanagar Gas to hike prices of CNG and PNG from April 4

Accordingly, revised delivered prices inclusive of all taxes of CNG and PNG in and around Mumbai will be Rs 51.57 per kg and Rs 31.53 per SCM (slab 1) and Rs 37.13 per SCM (slab 2) respectively.

Mahanagar Gas, gas prise, gas price hike, CNG and PNG, CNG price, png price, commodities news

Gas price hike may give temporary relief to gas producers

"The increase in domestic gas price is in line with the rise in global gas indices primarily Henry Hub over the reference period and takes the price to its highest level in two and a half years. Howev

Gas price hike, gas producers, LNG prices, ONGC, icra, domestic gas prices News

Gold inches lower as equities hover near 7-month peak

Gold prices slipped on Wednesday, after touching their lowest level in four weeks in the previous session, as equities traded near a seven-month high, denting bullion's appeal.

Gold inches lower as equities hover near 7-month peak News

Oil rises for fourth day, shrugs off inventory build

Oil prices rose for a fourth day on Wednesday, holding firm despite an industry report showing that U.S. inventories rose unexpectedly last week, with supply cuts and sanctions supporting the market.

Oil rises for fourth day, shrugs off inventory build News

Maharashtra sugar output likely to equal last year’s record of 107 lakh trillion

Last year, the state’s sugar production was 107 lakh tonne, which was considered a record production in the state.

Commodities News

India, China to drive LNG demand in Asia for the next 15 years

"China, along with India, will continue to lead Asia as the main drivers behind the growth of global LNG demand," Al-Kaabi said at the conference, according to a press release later issued by Qatar Pe

Commodities News

Jeera prices rally on back of robust domestic, export demand

Angel also added export of jeera is up 20.8% year-on-year in January at 9,429 tonne, against 7,800 tonne last year, while for April-January, exports rose 24.75% to 1.46 lakh tonne , compared to last y

Commodities News

Gold near 3-week lows as dollar, equities rise

Gold inched up on Tuesday, but was trading near a more than three-week low touched in the previous session as the U.S. dollar strengthened and equities rose.

Gold near 3-week lows as dollar, equities rise News

Oil rises on Iran sanctions threat, Venezuela shutdown

Oil prices rose to fresh highs for the year on Tuesday, after a U.S. official said Washington is considering more sanctions on Iran and a key Venezuelan export terminal halted operations.

Commodities News

Demand in Asian region driving global steel growth

While India needs to enhance its steel exports, meeting the domestic demand should be the basic determinant of capacity augmentation efforts. 

Commodities News

ATF price hiked by 1 per cent, non-subsidised LPG by Rs 5

The price of Aviation Turbine Fuel (ATF) was hiked by Rs 677.1 per kilolitre, or 1.07 per cent, to Rs 63,472.22 per kl in the national capital, according to price notification issued by state-owned oi

Commodities News

Gold slips as equities gain on trade talk progress, China data

Gold prices inched down on Monday as investor appetite for riskier assets improved on signs of progress in Sino-U.S. trade negotiations and better-than-expected Chinese economic data.

Gold slips as equities gain on trade talk progress, China data News

Oil prices rise, adding to biggest quarterly gain in 10 years

Oil prices rose on Monday, adding to gains in the first quarter when the major benchmarks posted their biggest increases in nearly a decade, as concerns about supplies outweigh fears of a slowing glob

Oil prices rise, adding to biggest quarterly gain in 10 years News

CCI starts sale of cotton procured under MSP

P Alli Rani, chairman-cum-managing director of CCI, confirmed the development, stating the government agency had sold around 10,000 bales at a price of Rs 47,000 per candy through e-auctions in Mahar

CCI, Cotton, MSP, Cotton Corporation of India, marketing season, market news

Oil prices on the rise: Crude set for biggest quarterly rise since 2009 amid OPEC cuts

Oil prices have been supported for much of this year by an agreement between the Opec and allies such as Russia to cut output by around 1.2 million barrels per day.

oil, oil prices, crude oil, market, commodities, market news

Cooking gas, CNG bills set to rise as natural gas gets costlier from next week

In what may inflate the domestic cooking gas and CNG bills, the government on Friday hiked the natural gas prices by nearly 10 per cent for the next six month period.

Commodities News

Gold loses sheen, faces worst month in eight

Spot gold was down about 0.1 percent at $1,288.74 per ounce by 0507 GMT, after declining about 1.5 per cent in the previous session, the most in over seven months.

Commodities News

Gold edges up after steep fall; palladium faces worst week since end-2015

Gold inched up on Friday, but was on track for its first weekly decline in four weeks after posting its steepest fall in more than seven months in the previous session on a strong dollar.

Commodities News

Oil prices rise amid OPEC’s ongoing supply cuts, US sanctions

Oil prices rose on Friday, pushed up by ongoing supply cuts led by producer club OPEC and U.S. sanctions against Iran and Venezuela, which have given crude markets the biggest first quarter price push

Oil prices rise amid OPEC's ongoing supply cuts, US sanctions News

Price pressure: Maharashtra sugar millers warned against selling below MSP

As of March 15, sugar mills have paid Rs 14, 881.01 crore of the Rs 20,653.02 crore they owed to farmers

Maharashtra sugar millers, MSP, Essential Commodities Act, MSP under Sugar Price, retail sales of sugar, gst News

Oil near flat, shrugs off Trump calls for OPEC to boost output

Oil prices have risen more than 25 percent this year, with WTI heading for the biggest first quarter gains since 2002 and for both benchmarks the best quarterly gain since 2009.

Oil, Donald Trump, OPEC, oil prices, West Texas Intermediate, commodities, market news

Gold prices rise by Rs 35, close at Rs 33,095 per 10 gram

Silver, however, dropped Rs 270 to Rs 38,850 per kg amid lower demand from industrial units and coin makers.

Gold, Invest In Gold, सोना, गोल्ड, सोने में निवेश, Gold Outlook, Gold Return Till Deewali, Bullion Market, US Recession, Stock Market, Global Growth, Global Slowdown News
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