Commodities & Bullion

Rubber imports set to flourish

Posted on Tuesday, September 2, 2014 - 08:50 am

Natural rubber import is likely to be more attractive for the industry as leading producing countries weigh more concessions on export.


[Read More ....]

Short URL:

Posted by on Tuesday, September 2, 2014 - 08:50 am.
Filed under Commodities & Bullion. Tagged with:
Comments are Closed

Promise of partial energy security in ethanol blending

Posted on Tuesday, September 2, 2014 - 06:50 am

Powering automobiles through biofuels blended with conventional petrol is good. The progress in using non-conventional fuels from sugar plants for ethanol or from vegetable fats for biodiesel is due to breakthroughs in science, as well as evangelism of the political leadership. Ahead of its success in shale fracking for gas and oil, the US administration saw in biofuels a route to partial energy independence. Former president George Bush enacted laws that set minimum prices for biofuels and required refiners to step up annual sales. The growing use of biofuels in the US and Europe also has much to do with governments liberally providing funds for bioenergy research, energy efficiency grants and loans to build biofuel plants. In the US, ethanol produced from maize, unlike from sugarcane in Brazil or its by-product molasses in India, accounts for about 10 per cent of the overall petrol used by cars. Vegetable fat-derived biodiesel sees five per cent blending with conventional diesel in Europe. And, this is set to rise.


[Read More ....]

Short URL:

Posted by on Tuesday, September 2, 2014 - 06:50 am.
Filed under Commodities & Bullion. Tagged with:
Comments are Closed

Grain Board urged for wheat export boost

Posted on Tuesday, September 2, 2014 - 06:20 am

The wheat industry has asked for government intervention to boost its export. Despite this being a wheat-surplus country, export has been “negligible” till now, it has said, mainly due to price and quality issues.


[Read More ....]

Short URL:

Posted by on Tuesday, September 2, 2014 - 06:20 am.
Filed under Commodities & Bullion. Tagged with:
Comments are Closed

Challenges ahead for spinning mills

Posted on Tuesday, September 2, 2014 - 04:01 am

China’s decision to raise spending on farm subsidies 10 per cent is likely to boost yarn production in that country, as cotton will be available to Chinese spinning mills at a cheaper rate. This is likely to hit Indian mills catering to the Chinese market.

In the past three years, consistent growth has been recorded in cotton yarn export to China, as so far, mills in that country have secured cotton at higher prices. China is the largest importer of cotton yarn in the international market. It is estimated in the recent past, cotton yarn export to China accounted for half of India’s overall exports of the commodity.


[Read More ....]

Short URL:

Posted by on Tuesday, September 2, 2014 - 04:01 am.
Filed under Commodities & Bullion. Tagged with:
Comments are Closed

Coffee exports decline 5.4% in Jan-Aug

Posted on Monday, September 1, 2014 - 22:31 pm

In line with market expectations, coffee exports have dropped 5.4 per cent in the first eight months of the calendar year, between January and August, compared to the corresponding period of last year.


[Read More ....]

Short URL:

Posted by on Monday, September 1, 2014 - 22:31 pm.
Filed under Commodities & Bullion. Tagged with:
Comments are Closed

Silver futures fall 0.3% on overseas cues

Posted on Monday, September 1, 2014 - 15:41 pm

Bharti Airtel gains on acquiring Kenyan mobile brand yuMobile

With the acquisition of yuMobile, the company’s subscriber base will expand by 2.7 million


[Read More ....]

Short URL:

Posted by on Monday, September 1, 2014 - 15:41 pm.
Filed under Commodities & Bullion. Tagged with:
Comments are Closed

Crude oil falls by 0.1% on mixed global cues

Posted on Monday, September 1, 2014 - 15:32 pm

Bharti Airtel gains on acquiring Kenyan mobile brand yuMobile

With the acquisition of yuMobile, the company’s subscriber base will expand by 2.7 million


[Read More ....]

Short URL:

Posted by on Monday, September 1, 2014 - 15:32 pm.
Filed under Commodities & Bullion. Tagged with:
Comments are Closed

Gold imports on the rise

Posted on Monday, September 1, 2014 - 03:42 am

Gold prices have been range-bound in recent weeks but traders have turned optimistic, as the festive season has begun. This is already getting reflected in imports.


[Read More ....]

Short URL:

Posted by on Monday, September 1, 2014 - 03:42 am.
Filed under Commodities & Bullion. Tagged with:
Comments are Closed

Soyameal exports down 82% in April-July 2014

Posted on Sunday, August 31, 2014 - 22:20 pm

Top five Sensex firms add Rs 31k cr in market valuation

TCS emerges as the biggest gainer; CIL, Infosys, HDFC Bank, SBI and Sun Pharma suffer losses


[Read More ....]

Short URL:

Posted by on Sunday, August 31, 2014 - 22:20 pm.
Filed under Commodities & Bullion. Tagged with:
Comments are Closed

Centre may freeze jute bags capacity at 2.59 mn bales

Posted on Sunday, August 31, 2014 - 00:02 am

The Union textiles ministry is planning to freeze capacity of B Twill jute bags at 2.59 million bales (one bale is 180 kg) for 2014-15. The move is on the basis of recommendation by Jute Commissioner Subrata Gupta, who had advocated freeze in capacity since internal consumption of jute bags was lower than the actual capacity.


[Read More ....]

Short URL:

Posted by on Sunday, August 31, 2014 - 00:02 am.
Filed under Commodities & Bullion. Tagged with:
Comments are Closed

Onion sowing picks up in Maharashtra owing to good rainfall

Posted on Saturday, August 30, 2014 - 19:42 pm

GDP figures show sharp industry revival

Manufacturing, which accounts for 15% of GDP, grew at 3.5% in the first quarter as against -1.2% in the same quarter in the previous year


[Read More ....]

Short URL:

Posted by on Saturday, August 30, 2014 - 19:42 pm.
Filed under Commodities & Bullion. Tagged with:
Comments are Closed

Gold up Rs 70 in NCR on festive season demand, global cues

Posted on Friday, August 29, 2014 - 16:39 pm

Extending gains for the second day, gold prices moved up by another Rs 70 to Rs 28,300 per ten gram in the national capital today on increased buying by jewellers and retailers, driven by festive season demand coupled with firming global trend.


[Read More ....]

Short URL:

Posted by on Friday, August 29, 2014 - 16:39 pm.
Filed under Commodities & Bullion. Tagged with:
Comments are Closed

Oil prices up on Ukraine tensions, rosy US data

Posted on Friday, August 29, 2014 - 11:40 am

Click here to go My Page

Short URL:

Posted by on Friday, August 29, 2014 - 11:40 am.
Filed under Commodities & Bullion. Tagged with:
Comments are Closed

Copper up by 0.1% on spot demand

Posted on Friday, August 29, 2014 - 05:11 am

SAT asks NSE to partially reconsider Emkay flash crash orders

The crash was on October 5, 2012, when a trader had punched an order to sell 1.7 million baskets


[Read More ....]

Short URL:

Posted by on Friday, August 29, 2014 - 05:11 am.
Filed under Commodities & Bullion. Tagged with:
Comments are Closed

Silver futures rise on global cues

Posted on Friday, August 29, 2014 - 04:21 am

SAT asks NSE to partially reconsider Emkay flash crash orders

The crash was on October 5, 2012, when a trader had punched an order to sell 1.7 million baskets


[Read More ....]

Short URL:

Posted by on Friday, August 29, 2014 - 04:21 am.
Filed under Commodities & Bullion. Tagged with:
Comments are Closed

KPMG to do forensic audit of UCX

Posted on Friday, August 29, 2014 - 03:20 am

SAT asks NSE to partially reconsider Emkay flash crash orders

The crash was on October 5, 2012, when a trader had punched an order to sell 1.7 million baskets


[Read More ....]

Short URL:

Posted by on Friday, August 29, 2014 - 03:20 am.
Filed under Commodities & Bullion. Tagged with:
Comments are Closed

JSW emerges major buyer of Goan iron ore

Posted on Friday, August 29, 2014 - 02:03 am

SAT asks NSE to partially reconsider Emkay flash crash orders

The crash was on October 5, 2012, when a trader had punched an order to sell 1.7 million baskets


[Read More ....]

Short URL:

Posted by on Friday, August 29, 2014 - 02:03 am.
Filed under Commodities & Bullion. Tagged with:
Comments are Closed

Crude Holding Critical Price Level (92.73)

Posted on Friday, August 29, 2014 - 02:00 am

Weekly

Crude Holding Critical Price Level (92.73)

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Automate trades with Mirror Trader and see ideas on other USD crosses


[Read More ....]

Short URL:

Posted by on Friday, August 29, 2014 - 02:00 am.
Filed under Commodities & Bullion. Tagged with:
Comments are Closed

Gujarat kharif crop area down 6% from a year ago

Posted on Friday, August 29, 2014 - 01:00 am

Delayed monsoon has brought down the kharif crop (autumn harvest one) area in Gujarat. According to data provided by the state agriculture department, the area has reduced six per cent against a year ago. The cotton area has increased but peanut’s is down.


[Read More ....]

Short URL:

Posted by on Friday, August 29, 2014 - 01:00 am.
Filed under Commodities & Bullion. Tagged with:
Comments are Closed

Domestic rubber prices see sharpest fall in five years

Posted on Thursday, August 28, 2014 - 23:42 pm

The price of local natural rubber fell below Rs 130 a kg for the first time since 2009. Markets on Thursday quoted Rs 129 a kg for the benchmark RSS-4 grade.


[Read More ....]

Short URL:

Posted by on Thursday, August 28, 2014 - 23:42 pm.
Filed under Commodities & Bullion. Tagged with:
Comments are Closed

Video News