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OfBusiness Spices Dailies

OfBusiness Spices Dailies

Warangal market closed tomorrow; trading resumes for Byadigi and Warangal. High cumin prices in Unjha, stable fennel and dill seed prices. Ajwain consistently high. Guntur cold storage prices rise. Farmers demand higher chilli prices; buyers cautious due to climate.
OfBusiness Cotton Dailies

OfBusiness Cotton Dailies

Cotton yarn prices in Tiruppur and Mumbai have declined due to mill discounts and weak demand. Mills offer higher discounts as demand drops in major markets, leading to bearish cotton prices and limited buying from the weaving industry.
OfBusiness Coal Dailies

OfBusiness Coal Dailies

Coal prices at Navlakhi and Kandla ports remain steady, while Australian coal prices at Krishnapatnam and Gangavaram ports are higher. Coal India aims to produce one billion tons by FY26, potentially reducing non-coking coal imports by fiscal 2025-26.
OfBusiness Nuts Dailies

OfBusiness Nuts Dailies

Cashew prices are high, while almond and pistachio prices remain stable. African imports affect cashew demand, reduced production limits availability. Ramadan boosts almond demand, but potential slowdown expected. Steady pistachio demand, uncertainty due to California weather.
CISA: Steel Prices In China Shift From Uptrend To Decline In April

CISA: Steel Prices In China Shift From Uptrend To Decline In April

In April, Finished Steel prices in China declined due to weaker demand from downstream users and high Steel output. The real estate industry's poor performance and slower growth in manufacturing and infrastructure sectors affected Steel demand.
Avient Adds New Thermoplastic Production Line In Shanghai

Avient Adds New Thermoplastic Production Line In Shanghai

Avient Corp. has added a production line for Complēt and OnForce composites in Shanghai to meet the growing demand for materials with impact strength and elasticity. The composites offer weight reduction and cost savings, and Avient's design services help customers create innovative products.
Cashews: Good But Also Alarming Exports

Cashews: Good But Also Alarming Exports

In April, Vietnam's cashew exports reached 51,400 metric tonnes ($305.48m), the highest since October 2021. Despite this, concerns persist about declining exports to key markets, excluding China, Saudi Arabia, Japan, UAE, and the UK.
Operating Rate Of Die-Casting Zinc Alloy Plants Fell

Operating Rate Of Die-Casting Zinc Alloy Plants Fell

Die-casting zinc alloy plants' operating rate decreased to 47.38% last week. Manufacturers purchased raw materials at lower prices, resulting in a slight increase in overall inventory.
Export Ban On Wheat To Continue In The Current Year

Export Ban On Wheat To Continue In The Current Year

The Indian government will continue its ban on wheat exports due to reduced output. Procurement remains below target, with Food Corporation of India purchasing 26.14 million tonnes as of May 21. Wheat prices have risen by ₹160 per kilo.
Oil Slips As Us Debt Ceiling Concerns Offset Tight Supply

Oil Slips As Us Debt Ceiling Concerns Offset Tight Supply

Oil prices slipped as concerns over the risk of a U.S. debt default weighed on investor sentiment. Tighter market conditions, seasonal gasoline demand and OPEC+ supply cuts provided some support. Discussions on raising the debt ceiling continue with no breakthrough yet.

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