MMTC postpones tender to buy Corn for seventh time

India, June 26 -- Indian state-run trading company MMTC (Metals and Minerals Trading Corporation of India) has for the seventh time postponed the deadline for offer submissions in an international ten... Read More

Govt removes restrictions on import of Pea Seeds

India, June 26 -- The government has removed restrictions on imports of pea seeds a move which may help reduce prices and increase availability of the commodity in the domestic market. The imports how... Read More

US Crude Oil production hits all time high

India, June 26 -- The United States crude oil production reached a new all time high of 12. 2 million barrels per day (MMbpd) in May according to the American Petroleum Institute s (API) latest monthl... Read More

MCX Aluminium under fresh buying Resistance seen at 146.1

India, June 26 -- Technically Aluminium market is under fresh buying as market has witnessed gain in open interest by 3. 81% to settled at 2125 while prices up 0.9 rupees.Now MCX Aluminium is getting ... Read More

MCX Mentha Oil under fresh buying Resistance seen at 1261

India, June 26 -- Technically Mentha Oil market is under fresh selling as market has witnessed gain in open interest by 25. 08% to settled at 793 while prices down 12.1 rupees.Now MCX Mentha Oil is ge... Read More

India imposes duties on new pneumatic radial tyres imports from China

India, June 26 -- The government has imposed countervailing duty on new pneumatic radial tyres which are imported from China for five years the Business Standard reported citing government documents. ... Read More

MCX Gold likely to move in a range of 34118 35112

India, June 26 -- Technically MCX Gold is getting support at 34337 and below same could see a test of 34118 level And resistance is now likely to be seen at 34834 a move above could see prices testing... Read More

India s Natural Gas production up 0.4 in May

India, June 25 -- India's natural gas production during May 2019 was 2738. 92 Million Metric Standard Cubic Meters (MMSCM) which is 0.4% higher when compared with May 2018 but 4.81% lower than the tar... Read More

India s Tea production rises 10 in May Tea Board

India, June 25 -- India s tea production rose 10% from a year earlier to 134. 79 million kg in May due to higher plucking in the top producing north-eastern state of Assam the state-run Tea Board said... Read More

Australia cuts Wheat export forecast by 18 as drought hits supply

India, June 25 -- Australia has lowered its wheat export forecast for 2019-20 by nearly 18% as drought continues to plague the world s fourth largest wheat exporter. The Australian Bureau of Agricultu... Read More