Corn Falls To 7-Week Low As Dry Weather Fears Ease

Hellenic shipping News| Aug 22, 2017 U.S. corn fell nearly 1 percent on Monday as forecasts for rain eased fears of widespread production losses due to recent dry weather, pushing prices to around a seven-week low.Soybeans fell for the first time in four sessions, while wheat edged higher for a second straight session… Source: http://www.hellenicshippingnews.com/corn-falls-to-7-week-low-as-dry-weather-fears-ease/ [...]

2017-08-22T10:18:24+00:00 August 22nd, 2017|International|

SEBI Starts Discussion On Portfolio Management Services In Commodity Market

Moneycontrol| Aug 22, 2017 After laying out the rules for the introduction of commodity options in June, the Securities and Exchanges Board of India (SEBI) is now moving toward the second phase of its plan to deepen commodity markets.The capital markets regulator has now started discussing the introduction of portfolio management services (PMS) in the [...]

2017-08-23T10:15:05+00:00 August 22nd, 2017|Economy|

Urad, Moong Imports Put In Restricted Category

Business-Standard| Aug 22, 2017 The government on Monday put imports of urad and moong dal under the restricted category and fixed a cap for its in-bound shipments up to three lakh tonnes.The move will help in stabilising domestic prices that have fallen below the minimum support level and are hurting farmers… Source: http://www.business-standard.com/article/markets/urad-moong-imports-put-in-restricted-category-117082101111_1.html

2017-10-16T14:36:48+00:00 August 22nd, 2017|Agri Commodities|

Rupee’s Gain Over Dollar Masks Overall Weakness

Economictimes.Indiatimes| Aug 22, 2017 The rupee's rise this year against the US dollar is well documented, but the appreciation masks the more interesting half of the story: that it has weakened against most other major currencies this year. Since the start of 2017, the Indian currency has weakened 5.56 per cent against the euro, 3.90 per [...]

2017-08-23T10:13:08+00:00 August 22nd, 2017|Economy|

Selling Pressure Drags Sugar

the Hindu Businessline| Aug 22, 2017 Sugar market ruled weak on back of higher selling pressure from producers. At Mill level prices declined by ₹10. Naka rates were steady. At Vashi S-grade declined by ₹2-4 and M-grade was stable.At Vashi arrivals and local dispatches were 58-60 truck loads… Source: http://www.thehindubusinessline.com/markets/commodities/selling-pressure-drags-sugar/article9826986.ece  

2017-10-16T14:36:48+00:00 August 22nd, 2017|Agri Commodities|

India: Slow Steel Demand Growth Leads To Lower Capacity Utilisation

Hellenic shipping news| Aug 22, 2017 One of the prime reasons while explaining the slow growth of global steel industry in the reommoent period relates to surplus capacity in steel compared to demand, existing and emerging. Lots of uncertainties plague the fresh capacity additions efforts by steel mills around the globe… Source: http://www.hellenicshippingnews.com/india-slow-steel-demand-growth-leads-to-lower-capacity-utilisation/  

2017-08-23T10:11:49+00:00 August 22nd, 2017|Non Agri Commodities|

Global Cue Lifts Edible Oil

Extended gain in Malaysian palm oil futures on fourth consecutive day lift edible oils prices in domestic markets on Tuesday.Market sources said firm Malaysian palm oil futures supported by forecasts of slower than expected output growth and buying support despite weaker export data encourage local stockiest for fresh commitments. During the day over 2,000 tonnes [...]

2017-08-23T10:09:38+00:00 August 22nd, 2017|Agri Commodities|