Global food price index dips for the fifth consecutive month in October
International food commodity prices dipped in October, as falling dairy, meat and vegetable oils prices more than offset a surge in sugar prices, the United …
Global gold demand steady in third quarter; central banks and consumer purchases offset ETF outflows
Global gold demand was steady in Q3 2018 at 964 tonnes, up just 6 tonnes year-on-year, according to the World Gold Council’s latest Gold Demand Trends …
World grains output tipped to decline 1% in 2018-19 to three-year low- IGC
World total grains (wheat and coarse grains) production is expected to decline by 1% in 2018/19, to a three-year low of 2,081m t, the International Grains …
Global steel output up 4.4 percent in September – worldsteel
World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 151.7 million tonnes (Mt) in September 2018, a 4.4% …
Cotton quality to be better this season, but India’s textile output likely to dip in 2018-19
India’s cotton position would remain comfortable during the 2018-19 season as the minimum support price (MSP) is up 26 to 28 per cent, notwithstanding …
Global steel demand to rise 1.4% to 1,681 Mt in 2019, China demand growth seen slowing – worldsteel
Global steel demand will reach 1,657.9 Mt in 2018, an increase of 3.9 percent over last year, and further rise by 1.4 percent to 1,68 Mt in 2019, worldsteel …
India urges oil producers to review payment terms as rupee depreciates
India has urged major oil producers for a review of payment terms, as the government battles to counter the impact of a depreciating rupee and rising global …
Global wheat supplies reduced; coarse grain, oilseeds output lowered in latest USDA forecast
The U.S. Department of Agriculture (USDA) said it was reducing global 2018/19 wheat supplies forecast, primarily on lower production forecasts for Australia …
Fuel price reduction to hit Indian OMCs’ financial profiles
The Indian government’s directive to the country’s three state-owned oil marketing companies (OMCs) to reduce petrol and diesel prices will have a …
Robust supplies pushed global food prices down in September — FAO
Global agricultural food commodity prices fell in September due to growing inventories of key staples, the UN food agency said in its latest monthly report. …