Commodities

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14 Sep 17
Vegetable, fruit prices to be on the rise over weak supply, crop damage
06:47 AM
Vegetables and fruits have become costlier in select wholesale and retail markets since August due to weak supply following incessant rain and worry of crop damage in major producing centres.
Oil rises as IEA forecast overshadows US crude build
01:57 AM
Crude oil prices rose on Wednesday after the International Energy Agency (IEA) said a global surplus of crude was starting to shrink, even though US data showed another big increase in inventories due to the ongoing effects of Hurricane Harvey.
Coffee exports get 'instant' boost
01:50 AM
India’s emergence as the export hub of instant coffee is pushing up overall coffee exports from the country. Coffee exports rose to 1,77,805 tonnes during April-August 2017 from 1,62,641 tonnes in the same period last year.
Tea prices drop in Tamil Nadu as HUL and Tata skip auction
01:43 AM
The tea prices in Tamil Nadu dropped to Rs 65 a kg from Rs 95 as Hindustan Unilever and Tata skipped the auctions at Coonoor and Coimbatore.
13 Sep 17
Global oil surplus is shrinking due to stronger-than-expected demand: IEA
02:13 PM
The global oil surplus is beginning to shrink due to stronger-than-expected European and U.S. demand growth, as well as production declines in OPEC and non-OPEC countries, the International Energy Agency said on Wednesday.
05 Sep 17
Gold hits one-year high as tensions over North Korea nuclear test escalate
09:22 AM
Gold prices shot up on Monday to their highest in close to a year as investors bought safe-haven assets on worries that North Korea might launch more missiles after its sixth and largest nuclear test.
04 Sep 17
Gold jumps to 10-month high after North Korea nuclear test
01:20 PM
Gold prices hit their highest in nearly 10 months on Monday after North Korea's latest and most powerful nuclear test drove investors towards safe-haven assets.
29 Aug 17
Gold up 3% in 2 days on global factors, Centre's ban on import from S Korea
11:32 PM
The gold price has seen a sharp rally over Rs 1,000 in just three days because of global price rise on the back of increasing geo-political tensions and resumption of safe haven demand for gold.
Oil markets roiled as Harvey hits US petroleum industry
06:19 AM
Oil markets were roiled on Monday after Tropical Storm Harvey wreaked havoc along the US Gulf Coast over the weekend, crippling Houston and its port, and knocking out several refineries as well as some crude production.
27 Aug 17
Commodity Picks: 28 August, 2017
10:46 PM
Refined soy oil is trading at Rs 659 a 10 kg in the Indore market. For the week ahead, prices are expected to head toward Rs 650 a 10 kg. Slow down in domestic demand, amid profit-booking after recent gains, may weigh on prices.
22 Aug 17
Basmati overtakes buffalo meat as top export commodity
04:46 AM
Basmati rice has regained the tag of top commodity export from India, overtaking buffalo meat in the June quarter.
Urad, moong imports put in restricted category
04:28 AM
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.
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