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How prices of crude oil are dragging rates of agricultural commodities

MR Subramani

At $96.98 a barrel currently, Brent crude prices have dropped some 12 per cent over the last... »

Crude oil edges up from more than 2-year low, glut caps gains

Reuters

Oil edged up from a more than two-year low to near $95 a barrel on Wednesday as a slightly bette... »

Coconut output down 14% last season

V Sajeev Kumar

Coconut production has dropped by 14 per cent in the 2013-14 season that ended in June du... »
Pick of the Week

NCDEX-castorseed (₹4,564): BUY

Gurumurthy K, BL Research Bureau

Castorseed futures contract traded on the NCDEX has been in a strong rally since Septembe... »

Range-bound trading seen in sugar

Our Correspondent

Sugar prices on the Vashi wholesale market ruled steady but the inferior grade sold at pr... »

Commodities

As sugar season starts, uncertainty looms over UP cane pricing

Tomojit Basu

The new sugar season begins on Wednesday (October 1) but a lack of clarity in the pricing... »

Commodities

Groundnut oil rules flat

Our Correspondent

On the back of moderate demand from stockists and local brands, both groundnut o... »

Agri-biz

Coconut oil prices decline on lower demand

V. Sajeev Kumar

Absence of strong corporate buying and lack of local demand has impacted the coconut oil market... »

Silver rates

Silver 7 days

Rubber skids on bearish cues

Aravindan

Spot rubber slipped further on Tuesday. RSS 4 declined to ₹122 (123) a kg, according to traders. The grade was quoted steady at ₹122 and ₹119 respectively by the Rubber Board and dealers.»

Weekly Outlook

MCX-silver to extend fall

Gurumurthy K, BL Research Bureau

The silver futures contract traded on the MCX which was consolidating sideways for more than a week resumed its fall on Tuesday. The sharp fall in the global silver price has completely ove... »

Bullish cues hold edible oils firm

Our Correspondent

Edible oils ruled firm for the second consecutive day tracking bullish futures and price hike by local refineries amid weak domestic currency.On the Bombay Commodity Exchange, palmol... »

Iron ore at five-year low, set for worst month since May

Reuters

Iron ore is on track to end September with its biggest monthly loss since May after falling to its lowest since 2009 in a rout that traders say looks likely to continue after a week-long holida... »

Sugar slips on limited buying

Our Correspondent

Sugar prices on the Vashi wholesale market declined by ₹5-10 a quintal for M-grade, while the S- grade ruled unchanged on Monday on the back of sufficient arrivals amid limited retail demand. N... »
PICK OF THE WEEK

Palm oil to test resistance, slip

Malaysian palm oil futures on the Bursa Malaysia Derivatives ended higher on Monday on expectations of better exports for September and a weakening ringgit. Cargo surveyors reported last... »

India-Russia pact: revive exports of commodities which have lost share

Enamul Haque

At the 19th session of the joint India-Russia Working Group, to study the scope of Comprehensive Economic Co-operation Agreement (CECA), some major issues to be addressed by the Indian side are: 1... »

Huge crop hopes crush soya

Our Correspondent

Notwithstanding improved global cues and decline in arrival, soya oil in Indore mandis traded low on slack buying and decline in buying support at higher rates with soya refined ruling at ₹612-15... »

Crude oil prices down on strong dollar

PTI

Oil prices eased in Asia today as the US dollar strengthened, while dealers sat on the sidelines due to a dearth of trading cues, analysts said.US benchmark West Texas Intermediate crude fo... »

Gold rates

Refineries hike edible oil prices

New crop arrivals pound pulses

Cotton rules flat on limited buying

Gold rates

Imported oils flare up on bullish futures

Selling pressure keeps sugar flat

Slack buying, declining arrivals drag mustard prices down

Gold rates

Gold 7 days

As sugar season starts, uncertainty looms over UP cane pricing

Tomojit Basu

The new sugar season begins on Wednesday (October 1) but a lack of clarity in the pricing of sugarcane in Uttar Pradesh, country’s second largest sugar-producing State, is likely to affect... »

Groundnut oil rules flat

Our Correspondent

On the back of moderate demand from stockists and local brands, both groundnut oil and cotton oil remained unchanged on Tuesday. Buying activity in retail market was limited. Trade... »

Coconut oil prices decline on lower demand

V. Sajeev Kumar

Absence of strong corporate buying and lack of local demand has impacted the coconut oil market in Kerala and Tamil Nadu this week, bringing down prices further.     Due to... »

Poor quality grinds turmeric

Our Correspondent

Spot turmeric prices in Erode markets decreased on Monday due to arrival of poor quality produce. “Already, turmeric prices are heading south as traders have not received any upcountry de... »

New crop arrivals drag edible oils

Our Correspondent

The edible oils market ruled steady on Monday on thin physical demand while on the futures market, it rose over one per cent for soya oil, tracking firm Malaysian palm oil and Chicago soya oil fut... »
WEEKLY OUTLOOK

Rally likely in MCX-gold

Gurumurthy K, BL Research Bureau

The fall to ₹26,000/10 gm that was expected in the gold futures contract traded on the Multi Commodity Exchange (MCX) did not happen. Instead, the contract rose 2.4 per cent last week to... »

Cotton wilts on poor offtake

Our Correspondent

Cotton prices moved down on the back of poor demand from cotton yarn mills. Moreover, market is waiting for some quality arrivals. Kapas or raw cotton too decreased as demand from ginners w... »

Pepper continues to rule steady

GK Nair

Pepper prices ruled steady on Monday on limited activities. Bihar and Jharkhand-based inter-State dealers are reportedly making bearish propaganda to drive buyers away, market sources told Busi... »

Silver rates

silver 7 days

Pepper rules steady in limited trade

Ample supply dissolves sugar

Hybrid root turmeric finds takers

Silver rates

Surprise drop in Malaysian palm oil output, exports to buoy prices

Cotton season culminates earlier

Hybrid turmeric gains ₹700/quintal

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