Steel producers in India raise prices by Rs 1,000-1,500 a tonne as demand perks up

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Responding to cost pressure and greater demand, domestic steel producers have raised prices by Rs 1,000-1,500 a tonne across products for January, reports Business Standard. “Iron ore miners have increased prices by Rs 600 per tonne and so this increases the cost of production by Rs 1,000 a tonne. Hence, we have hiked prices from […]

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Cotton prices may fall further on higher output, weak demand: Ind-Ra report

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Cotton prices continued to reduce in August 2019, mainly due to a fall in international prices, rating agency India Ratings and Research (Ind-Ra) said in its latest report, adding that it expects prices to fall further as global production is likely to be higher than demand growth. With local prices (MSP) being higher than international […]

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India imposes stock limit on onion trade; bans exports

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In view of sustained high price of onions in the market, Central Government has imposed stock limits on onion traders to facilitate release of stocks in the market and prevention of hoarding by traders. Further, the government of India has banned export of onions with immediate effect till further orders for improving domestic availability. Recently, […]

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