April 11, 2013
The world sugar market is in a state of surplus for the third year in a row. With a projected consumption of 170 million tonnes and estimated production of 178 million tonnes for 2012-13, the sur...
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Mumbai, March 6
Sugar decontrol is on the cards. The least that is likely to happen is the abolition of ‘levy system’ (compulsory procurement of sugar at below-market prices) and withdrawal of the free-sal...
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Mumbai, March 1
Now that commodity transaction tax (CTT) has become a reality after intense lobbying by various commodity futures exchanges failed to impress the Finance Minister, one is left wondering, in hindsi...
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Mumbai, Nov 11
Imports continue because at $425-450 a tonne, it comes cheap and makes itself attractive for traders and consumers to mix it with more expensive pulses.
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Mumbai, Oct. 15
In what is widely seen as a belated response to the fiscal incentives granted by the world’s largest palm oil producer, Indonesia, to promote refined oils export, Malaysia has decided to do away w...
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Washington-DC, Sept 5
With the South-West monsoon continuing to stay deficient and large parts of the country including agriculturally important areas of Gujarat, Punjab, Karnataka, Uttar Pradesh, Bihar and Maha...
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Mumbai, Aug 1
The notification issued by the Central Board of Excise and Customs raising the tariff value for refined bleached deodourised (RBD) palmolein to $1,053 a tonne following pressure mounted by the dom...
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Mumbai, June 25
The global sugar market is currently characterised by nervous and choppy conditions. Prices have faced tremendous downward pressure in recent months. Two straight years of global surplus, exports...
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Mumbai, April 23
Indians are known to be savvy investors in gold. They have continued to import /buy the yellow metal for the last 10 years or so in enormous quantities at relatively low prices.
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Mumbai, March 31
Crude palm oil prices have been under intense downward pressure for last several months. Trading currently at around Malaysia Ringgit 2,400 a tonne or close to $800/tonne (free-on-board)...
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Mumbai, March 3
With 60 lakh tonnes import, India may be the world’s single largest importer of crude palm oil (CPO), but most suppliers at the origin — Indonesia and Malaysia — refuse to respect the dictum ‘cust...
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Mumbai, Nov. 13
After months of buoyancy following crop downgrades resulting from the US Midwest drought, global agricultural commodity markets are now on a correction spree with prices of grains (mainly corn), o...
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November 5, 2012
Despite aggressive forecasts by analysts, the performance of palm oil has been rather muted on the price front since the beginning of this year. There was seldom a case for a bull run in palm o...
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Washington DC, Sept 7
Will the US consider returning to a gold standard if Republican Party nominee Mitt Romney wins the forthcoming presidential election? The financial market and media are abuzz with debate on...
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Mumbai, Aug. 2
A surge in diesel consumption is on the cards. Aberrant behaviour of the South-West monsoon so far, that has left large tracts of land across the country moisture-stressed, is set to boost diesel...
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Mumbai, July 31
No one knows where the incorrigible gold bulls who until recently had been screaming about the imminent breach of $2,000 an ounce mark are hiding, but currently many market participants are increa...
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Mumbai, June 22
The Union Consumer Affairs Ministry notification on mandatory labelling of packaged food products containing genetically-modified foods or food ingredients may primarily be targeting import...
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