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Latest news from Commodities
 
Cement despatches at new high
The 240-million-tonne cement industry registered new high in despatches in January, due to robust demand from the cement consuming sectors.More
Sugar firms plan independent refineries near ports

Faced with cane supply constraints in the last two years, sugar mills in the country are planning to set up independent refineries to process imported raw sugar. A majority of them is planningMore

India unlikely to gain from Brazil's proposed export tax on iron ore
A quantity loss from Brazil will probably be met through Australia.More
Cement firms' share prices rise on demand outlook
Shares of leading cement companies such as ACC, Ambuja Cements, Ultratech Cement and Prism Cement rose 2-3 per cent today.More
Ferro alloy producers seek 10% Customs duty

Faced with a huge slump in domestic demand due to a surge in cheap imports, the Rs 15,000-crore ferro alloy industry has urged the government to impose a customs duty of 10 per cent, at least, toMore

Uttarakhand not to increase sugarcane price
The Uttarakhand government seems to be in no mood to increase the price of Rs 215-220 per quintal for sugarcane despite a hefty increase by private sugar mills.More
Mustard seed output may rise 2%

Mustard seed yield is forecast to rise a marginal 2 per cent this year on favourable climatic condition with two showers in sprouting seasons followed by cold weather, the Mumbai-based The SolventMore

Daily wage of tea garden workers hiked in Brahmaputra Valley
The Assam tea industry has hiked the daily wages of tea garden workers of Brahmaputra Valley. The increase would be of Rs 18 in three phases and with retrospective effect from January 1 this year.More
Strong Chinese demand may push steel prices further

A deregulated environment does not mean that the government will abdicate its responsibility on prices, particularly of items of importance to the common man. The self defeating controls on ourMore

Centre mulls domestic sugar ban for bulk users

The Centre, which is under attack for rising sugar prices, is weighing the option of asking bulk consumers, like makers of sweets, soft drinks, fruit juice, chocolate, ice cream and biscuits, toMore

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