World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 159.0 million tonnes (Mt) in June 2019, a 4.6% increase compared to June 2018. World crude steel production was 925.1 Mt in the first six months of 2019, up by 4.9% compared to the same period in 2018, worldsteel […]
Gem and jewellery exports declined 16.26 per cent to $2,826 million during June 2019 from $3,375.17 million during the same month last year. Exports during the first quarter of FY20 declined by 10.38 per cent to $9.18 billion from $10.25 billion during the same period last year. Experts say that the trend seen in first quarter is […]
Marine fish catch in India during 2018 dropped by 9 per cent due to a sharp decline in oil sardine catch, state-run Central Marine Fisheries Research Institute (CMFRI) announced last week. The annual fish landing data released by the institute reveals that the catch of oil sardine from Indian coasts suffered a decline of 54 […]
Global food prices declined marginally in June 2019, as lower prices of dairy products and vegetable oils more than offset a significant jump in maize quotations, and are now very close to their level of a year ago, according to a report by the Food and Agriculture Organization of the United Nations released today. The […]
By Biman Mukherjee Though US and China recently agreed to resume their trade talks at the recent G-20 summit, analysts say tensions between two of the world’s largest economies are likely to persist in coming months. India may be in a unique position in Asia to actually benefit from the trade situation. Indoasiancommodities.com interviewed Prof […]
World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 162.7 million tonnes (Mt) in May 2019, a 5.4% increase compared to May 2018. China’s crude steel production for May 2019 was 89.1 Mt, an increase of 10.0% compared to May 2018. the global body said in its latest […]
Diwali has come early for gold investors who followed our advice, as prices have soared to a six-year high this week. But even If you did not, don’t just rue your poor judgment. There is probably still time to catch the rally. While gold climbed to $1,400/Troy ounce on Friday —a level that many anticipated […]
The Rs 100,000 crore organised Indian dairy industry is something that global dairy giants such as Fonterra or Danone are finding impossible to ignore. Both these companies, however, have had a poor first run in India. The French dairy giant, Danone (dairy arm) burnt its fingers and exited the Indian market in early 2018, while […]
Ahead of the budget, aluminium producers in India have sought steps from the government to hike import duty on primary aluminum, scrap and downstream products and rationalise costs of raw materials. Industry bodies such as the Aluminium Association of India (AAI) and FICCI have informed the government that the aluminium sector of the country is […]
The US Department of Agriculture (USDA)estimates 2019/20 India wheat production at 101.2 million metric tons, up 1 percent from last month and from last year. Area harvested is estimated at 29.8 million hectares, up slightly from last year. This minor revision from last month is based on the India’s Ministry of Agriculture third advance estimates. […]
