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OfBusiness Spices Dailies

OfBusiness Spices Dailies

Chilli prices in Guntur remain stable; Teja deluxe at Rs.220/kg. Cumin market in Unjha trends high, fennel prices low. Continuous rainfall affects chili quality, quantity, and drying methods. More rain expected.
OfBusiness TMT Dailies

OfBusiness TMT Dailies

Primary producers are eagerly anticipating market stabilization and hoping for prices to be announced today. However, mills haven't initiated price updates. Distributors associated with mills have already begun offering at Rs. 500-1,000 lower than the last recorded prices on April 23.
OfBusiness Shrimps Dailies

OfBusiness Shrimps Dailies

Supply prices for different counts of the mentioned item remain unchanged: 30-40 count at Rs.360/kg, 50-60 count at Rs.310/kg, 40-50 count at Rs.327/kg. Demand remains poor, with slight chances of improvement. Container holds at US ports and reduced imports in Vietnam affect the market.
OfBusiness Cement Dailies

OfBusiness Cement Dailies

Cement prices have fallen by Rs. 20/bag, rains may further reduce demand. Shree Cement is in talks to acquire Sanghi Cement, while Cement makers see a drop in raw material prices.
OfBusiness Copper Dailies

OfBusiness Copper Dailies

Weekly copper prices showed stability after previous declines. LME 3-month copper experienced a slight decrease, while MCX copper slightly increased. The most active SHFE 2306 copper contract closed higher. Chinese copper stocks increased, but domestic electrolytic copper social stocks continued to deplete.
OfBusiness Secondary TMT Dailies

OfBusiness Secondary TMT Dailies

Secondary TMT prices remained stable over the weekend, maintaining their market value. Prominent secondary manufacturers approved by NHAI have set their product prices at around Rs. 49,500/ton plus GST. The offers for Sangam TMT remained at Rs. 50,500/ton ex-Wardha.
OfBusiness Cotton Dailies

OfBusiness Cotton Dailies

North Indian cotton yarn prices dropped amid reduced weaver demand, prompting potential mill shutdowns. Cotton exports rose 20% to China and Vietnam. Favorable rainfall boosts sowing in Haryana and Punjab, while ICAC lowers global price outlook.
OfBusiness Chemicals Dailies

OfBusiness Chemicals Dailies

Methanol prices in the domestic market are expected to rise due to a significant decrease in port inventory. Last week, Methanol prices closed at Rs.26.50++ EX Mumbai, Rs.26.40++ EX Kandla.
OfBusiness Petroleum Dailies

OfBusiness Petroleum Dailies

Oil prices rose slightly in early Asian trade on Monday as fears of a recession in the U.S., which drove prices down for three straight weeks for the first time since November, began to recede.
Seafood Exporter Minh Phu Suffers $4.1M Loss in Q1

Seafood Exporter Minh Phu Suffers $4.1M Loss in Q1

Vietnamese shrimp processor Minh Phu Seafood faced a $4.1 million loss in Q1 2020, ending a seven-year profit streak. The decline in revenue and gross profit margin led the company to set annual goals of VND18 trillion in revenue and VND1.1 trillion in profits.

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