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OfBusiness Stainless Steel Dailies | 8th July 2023

OfBusiness Stainless Steel Dailies | 8th July 2023

Nickel closed at $20,804/ton, Copper at $8,371/ton. Demand for 316L HR and 304 CR & HR. US Nickel price rose. Italian Stainless Steel manufacturer suspends production. China's Stainless Steel production decreases. US initiates reviews on Chinese Stainless sinks. SS 304 expected to have slight positivity.
OfBusiness Cotton Dailies| 8th July 2023

OfBusiness Cotton Dailies| 8th July 2023

Cotton yarn prices in Mumbai and Tiruppur remain stable, with discounts for bulk orders. Demand is weak in southern India, caution in the weaving industry, and low demand in Gujarat.
OfBusiness Sugar Dailies | 8th July 2023

OfBusiness Sugar Dailies | 8th July 2023

The prices in Mumbai, Kolkata, and Raipur remained stable. In Kolkata, the rate ranged between Rs.3870-4070/quintal, while in Raipur, it ranged between Rs.3860-3930/quintal. The rate in areas of eastern, western, and central zones of Uttar Pradesh remained stable.
OfBusiness Dhaniya Dailies | 8th July 2023

OfBusiness Dhaniya Dailies | 8th July 2023

Coriander sales remain slow despite price increases. Stable at Rs. 8,000/kg, with a slight increase. Limited arrivals strengthen market sentiment. Future contract declines to Rs. 6,650. Expected resilience in the next few days.
Cashew Crisis: Battling Illegal Imports For Fair Trade And Industry Survival

Cashew Crisis: Battling Illegal Imports For Fair Trade And Industry Survival

Cashew traders in Andhra Pradesh and other cashew-producing areas are threatened by the influx of substandard cashew imports, resulting in price drops and potential factory closures. Traders are demanding action against illegal importers, while farmers seek fair prices and government assistance.
China's Evolving Role in the Global HDPE Market

China's Evolving Role in the Global HDPE Market

This article examines China's growing influence in the global HDPE market, its role as a top trading partner for various countries, concerning trends in its HDPE market, and the emergence of alternative regions as key players in the industry.
What is Purchasing Managers' Index ?

What is Purchasing Managers' Index ?

Understanding the PMI: A comprehensive guide to the essential economic indicator, its practical applications, global impact, and how it influences market decisions for businesses, investors, and analysts.
India’s Pellet Export To China Increases Over 30% In June 2023

India’s Pellet Export To China Increases Over 30% In June 2023

In June 2023, India exported about 4 lakh tons of Pellets to China, up from 2.9 lakh tons exported in May. The increased shipments are likely due to the declining prices of Iron Ore and Pellets, as well as the anticipated stimulus measures from China to support its economy.
Primary Finished Steel Notice Substantial Price Correction in Early July

Primary Finished Steel Notice Substantial Price Correction in Early July

In early July, spot prices of primary finished Steel declined. Major mills maintained stable prices compared to June's offers. Trade prices for Flat Products and TMT decreased by around Rs. 1,000-1,500/ton weekly, with a substantial nationwide plunge of Rs. 3,000-4,000/ton MoM.
US poultry export ban to Colombia lifted

US poultry export ban to Colombia lifted

The temporary ban on US poultry exports to Colombia has been lifted. The ban was imposed due to avian influenza concerns and affected around $1.1 million worth of exports. Collaboration between agencies successfully lifted the ban, benefiting American businesses and consumers.

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