India has no plan now to raise import tax on sugar

India has no plan at present to raise import tax on sugar as the Govt doesn’t see prospects of imports from Pakistan as of now, as per report. Although sugar availability of this year remains as tight as last year, India will have sufficient sugar to meet domestic demand without overseas purchases. The govt has pegged total sugar output at 24.…

Mentha oil futures keep on gain on growing demand

Mentha oil prices rose by 1.17 percent to Rs 1,660 per kg in futures trade Thursday as speculators engaged in enlarging their positions, tracking a firm trend at spot market on strong demand from consuming industries. Moreover, tight stocks position on the shortage of arrivals from the major producing belts too fuelled the uptrend. At the MCX, M…

Free Commodity tips: Cardamom Futures Prices | Agri market Update

MCX Cardamom settled up by 2.01 percent at 1097.3 as new seasonal arrivals have been limited due to the dry weather in the cardamom growing regions of the South. Good demands for the domestic markets and for exports are dictating the prices higher.  However, there are hopes that recently Southern Kerala got rain fall to some extent whereby crop pr…

Oil prices steady on Tuesday, Brent crude lingers near 2015 highs

Oil prices were constant on Tuesday, with Brent crude staying near 2015-highs on in view of healthy demand despite ongoing production cuts led by OPEC & Russia. Brent crude futures were at USD 65.25/brl, remained no change from their last close, but near the USD 65.83/brl, briefly on December 12 and the highest since June 2015. Brent crude pri…