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Latest news from Commodities
 
Textile firms renew demand for banning cotton exports
With the price of domestic cotton rising and a high level of export contracts, the Confederation of Indian Textile Industry (Citi) has renewed its demand for restricting the latter.More
ICEX gets 250 members

Indian Commodity Exchange Ltd (ICEX), which will go live soon, has enlisted 250 members. The majority of the members have been approved by the Forward Markets Commission (FMC) and the unique codesMore

Rising rough prices hit diamond polishing units
Prices have increased 25-30 per cent since March this year.More
Spice Finance plans to buy 15% in NMCE
The BK Modi group’s finance arm, Spice Finance, has proposed to buy a 15 per cent stake in Ahmedabad-based National-Multi Commodity Exchange (NMCE). More
Third quarter gold demand halves
High prices along with floods and poor monsoon led to the fallMore
Pepper may dip on better crop outlook
A slowdown in the global demand and hope of a better crop in the coming season have eased pepper prices in the international market.More
Brokers shy away from ICEX membership
Traders and brokers seem cautious about taking membership in Indian Commodity Exchange (ICEX), the fourth commodity futures exchange, promoted by Indiabulls Financial Services and public sector MMTC.More
Farmers upset with cane control order

The recent omission of Section 5A from the Sugarcane (Control) Order has come under severe criticism from the sugarcane growers in the country. The farmers feel their rights have been curtailed byMore

Sugarcane crushing starts in Uttar Pradesh

Even as three sugar mills have started crushing in Uttar Pradesh, the industry is hopeful of an early resolution of the cane price issue, which threatens to further advance the already delayedMore

Natural rubber imports dip 50%
Natural rubber (NR) imports declined 50 per cent in October compared with the same month last year. The imports fell to 8,574 tonnes against 16,010 tonnes in October last year.More
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