Sugar Prices Rise

The Hindu Businessline| August 10, 2017 Sugar Prices At Vashi Market Increased By ₹8-10 On Thursday Considering Higher Cost Of Parity. On Wednesday Evening 15 Mills Sold About 34,000 – 35,000 Bags At ₹3,600-3,650 For S-Grade And ₹3,650-3,750for M-Grade. On Bombay Sugar Merchants Association's Spot Rates Were:(In ₹) S-Grade ₹3,720-3,810and M-Grade ₹3,802–4,012. Naka Delivery Rates [...]

2017-08-11T10:48:44+00:00 August 10th, 2017|Agri Commodities|

India set to unveil new biofuel policy in bid to cut oil, gas, coal imports: Minister

Economic Times| August 10, 2017 The Government Will Soon Bring Out A New Policy On Biofuel To Incentivize The Use Of The Cleaner Fuel, Oil Minister Dharmendra Pradhan Has Said.To Cut India’s Dependence On Imported Crude Oil, The Government Has Been Promoting The Use Of Biofuel For Years But Has Tasted Limited Success. Over The [...]

2017-08-11T10:47:45+00:00 August 10th, 2017|Non Agri Commodities|

Rupee Tumbles To 64.10 On Increased Dollar Demand

The Hindu Businessline| August 10, 2017 The Rupee Tumbled By 26 Paise To 64.10 Against The US Dollar On Increased Demand For The American Currency From Importers And Banks Amid Foreign Fund Outflows.According To Forex Dealers, The Rupee Sentiment Was Also Hit As The Dollar Recovered From Eight-Week Lows Against Some Currencies Overseas And The [...]

2017-08-11T10:46:38+00:00 August 10th, 2017|Economy|

Enough sugar for this year, assures ISMA

Commodity India| August 10, 2017 There Are Sufficient Sugar Stocks In India To Take The Country Through The Next Sugar Marketing Year, Trade Body Indian Sugar Mills Association (ISMA) Said.This Came Amid Reports That The Government Is Contemplating Another Round Of Sugar Imports To Meet The Anticipated High Demand During The Upcoming Festival Season. Sugar [...]

2017-08-11T10:45:35+00:00 August 10th, 2017|Agri Commodities|

India In No Hurry To Grow GM Food Crops

Economic Times| August 10, 2017 The Government Is In No Hurry To Introduce Genetically Modified Food Crops In The Country, Three Months After The Sector Regulator Gave Its Nod To Commercialisation Of GM Mustard, Because Of Widespread Opposition From Different Quarters. The Government Has Decided To Examine All Objections Raised By Scientists And Farmers Before [...]

2017-08-11T10:44:47+00:00 August 10th, 2017|Agri Commodities|

India’s Cotton Yield To Decline On Whitefly, Pink Bollworm Attacks

Commodity India| August 10, 2017 In A Major Disappointment For New Entrant Farmers, Cotton Crop Has Come Under Severe Pest And Bollworm Attacks In Major Producing States, Which Is Sparking Fears Of A Sharp Decline In India's Fibre Productivity This Kharif Season.While A Substantial Cotton Area Came Under Whitefly Attack In Punjab And Haryana, Pink [...]

2017-08-11T10:43:20+00:00 August 10th, 2017|Agri Commodities|

Rising demand lifts chana futures 1.74 pc

Commodity India| August 10, 2017 Chana Prices Went Up By 1.74 Per Cent To Rs 5,260 Per Quintal In Futures Trade Today As Participants Enlarged Positions, Driven By Rising Demand From Dal Mills At The Spot Market. Besides, Tight Stocks Position Following Drop In Arrivals From Producing Belts Too Fuelled The Uptrend. At The National [...]

2017-08-11T10:42:36+00:00 August 10th, 2017|Agri Commodities|

Monsoon May Revive In South On The Back Of ‘Low’ Off AP Coast Next Week

The Hindu Businessline| August 10, 2017 In The Best Yet Scenario Forecast For Rain-Deficient South India, There's An Emerging Consensus For Gains From An Expected Revival Of The Monsoon Next Week.A Lower-Level Wind Field Outlook By The India Met Department (IMD) Is Being Endorsed By Both The US Climate Prediction Centre And The European Centre [...]

2017-08-11T10:41:47+00:00 August 10th, 2017|Agri Commodities|

Glencore Gets Leases For 22 Million Mt/Year Australian Thermal Coal Project

Hellenic Shipping News| Aug 10 2017 Mining Giant Glencore Has Been Granted The First Mining Leases For Its Major Wandoan Thermal Coal Project In The Surat Basin In The Australian State Of Queensland, The State Government Said.When Operational, The New Mine Could Produce Up To 22 Million Mt Of High-Quality Thermal Coal A Year, It [...]

2017-08-11T10:35:55+00:00 August 10th, 2017|Non Agri Commodities|