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Wheat Arrival in Jalandhar Dist Mandis Exceeds Last Year’s Figures

Wheat Arrival in Jalandhar Dist Mandis Exceeds Last Year’s Figures

Despite adverse weather conditions, wheat yield in Jalandhar remained resilient with 4.90 lakh MT arriving in mandis, surpassing last year's 4,67,452 MT. The Chief Agriculture Officer confirmed the crop's recovery and minimal impact from the weather.
OfBusiness Non Ferrous Scrap Dailies

OfBusiness Non Ferrous Scrap Dailies

SHFE 2306 aluminium contract closed at 18,480 yuan/mt, up 0.19%, while LME aluminium closed at $2,321/mt, up 1.11%. Aluminium prices continue to be impacted by US debt default concerns, interest rate hike rumors, and a strong risk aversion sentiment in the market.
OfBusiness Polymer Dailies

OfBusiness Polymer Dailies

A stable purchase pulse was witnessed in the open market. PP raffia (MRPL/Mittal) prices were at Rs.94-95/kg levels.
Say Cheese: 45% Rise in Milk Production in Tamil Nadu in Last 10 years

Say Cheese: 45% Rise in Milk Production in Tamil Nadu in Last 10 years

Milk production in Tamil Nadu has increased by 45% in the last decade, with private companies thriving alongside the Tamil Nadu Co-operative Milk Producers’ Federation Limited. However, the state's milk production only accounts for 4.5% of India's total milk production.
OfBusiness Pipe Dailies

OfBusiness Pipe Dailies

Primary and secondary MS ERW priced at Rs. 67-68/kg and Rs. 63-64/kg (YST-210 grade). Ductile Iron Pipe (100mm K7 DI Pipes) remained at Rs. 1,200-1,220. HDPE is priced at Rs. 124/kg, while PVC decreased by around Rs. 4/kg.
OfBusiness Sugar Dailies

OfBusiness Sugar Dailies

Sugar prices rise in North India, stable in Maharashtra. Muzaffarnagar, Delhi markets see increases; Gujarat, parts of Uttar Pradesh unchanged. Shamli mill faces supply issues, focuses on ethanol production. Cooperative mills perform well, clear 80% farmers' dues.
Govt Sets a Record Production of 332MT Millets, OilSeed, Pulses and Other; Despite EL Nino’s Effect

Govt Sets a Record Production of 332MT Millets, OilSeed, Pulses and Other; Despite EL Nino’s Effect

India aims to produce 332MT of foodgrains by 2023-24, with measures in place to counter El Nino. The agriculture sector has grown 4.6% annually, with a focus on crop diversification and transforming fertilizer shops into Pradhan Mantri Kisan Samruddhi Kendras to aid farmers.
OfBusiness Structure Dailies

OfBusiness Structure Dailies

Steel prices surged due to the Russia-Ukraine war last year and later dropped, leading to lower profitability. Domestic operations' Ebitda fell 35.47% to Rs. 8,091 crores YoY. Primary and secondary channels (100 x 50) at Rs. 58,500/ton and Rs. 55,000/ton ex-Chennai.
Mustard Prices Remain Below MSP Despite Govt Purchases

Mustard Prices Remain Below MSP Despite Govt Purchases

Indian government resumes mustard seed purchases from farmers after two years, but market prices stay below INR 5,450/quintal MSP. Slow MSP purchases force farmers to sell at lower rates in mandis. Cheaper imported edible oils reduce mustard seed demand.
OfBusiness Flat Steel Dailies

OfBusiness Flat Steel Dailies

Indian mills slashed prices in May month. Market prices are already lower than the previous month's closing prices, resulting in minimal price difference. HRC and CRC offer stood at Rs. 59,500/ton and Rs. 64,000/ton Ex-NCR/Delh, respectively.

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