» Agri Picks Report: Geojit
11/09/20 04:04 from Moneycontrol Commodity News
According to Geojit, Madhya Pradesh is preparing to spend 11.6 bln rupees under the price support scheme to procure kharif pulses--tur, urad, and moong--harvested in 2020-21 (Jul-Jun), a state government official said.

» Crude already reflects market#39;s view that rebalancing is still some time away
10/09/20 12:20 from Moneycontrol Commodity News
With hopes of another round of stimulus measures flying out of the window, the US needs more economic activity to get demand flowing.

» Rise in textile demand to support MCX cotton ahead of harvest season in October
10/09/20 09:09 from Moneycontrol Commodity News
Traders are also concerned about the flood-like situation that can damage the crop, which is harvested from October to February, in various parts of India.

» Agri Picks Report: Geojit
10/09/20 05:00 from Moneycontrol Commodity News
According to Geojit, Rubber prices rose nearly 10% over the past three-four weeks and hit a record high of 140 rupees a kg due to pent-up demand after easing of the pandemic induced lockdowns amid a supply crunch.

» Oil prices slip as growing stockpiles signal bumpy fuel demand recovery
10/09/20 01:41 from Moneycontrol Commodity News
U.S. West Texas Intermediate (WTI) crude futures fell 20 cents, or 0.5%, to $37.85 a barrel at 0056 GMT, after climbing 3.5% on Wednesday.

» US EIA cuts 2020 world oil demand growth forecast
09/09/20 17:04 from Moneycontrol Commodity News
In its monthly forecast, the agency cut its oil demand growth estimate for 2021 by 490,000 bpd to 6.53 million bpd.

» Gold may remain choppy, but buying may emerge at lower levels: Kotak Securities
09/09/20 10:20 from Moneycontrol Commodity News
Gold may remain choppy but buying may emerge at lower levels amid increasing global uncertainty and also as Fed’s dovish stance may limit upside in US dollar.

» Oil breaks below $40/bbl on demand concerns, improving supply
09/09/20 07:30 from Moneycontrol Commodity News
Fed#39;s dovish stance may also limit any major upside in the US dollar.

» Agri Picks Report: Geojit
09/09/20 03:47 from Moneycontrol Commodity News
According to Geojit, Global consumption of edible oils is expected to fall 30-40% in 2020 because of coronavirus lockdowns, said Dominic Xavier, Middle East and North Africa region head at Sime Darby Oils.

» Gold flat as dollar strength counters safe-haven demand
09/09/20 03:28 from Moneycontrol Commodity News
Spot gold was little changed at $1,929.30 per ounce by 0038 GMT, after falling to a near two-week week low of $1,906.24 on Tuesday.

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