Commodity Corner | Sugar prices spike with Raw sugar futures at an 12-year high. Catch Manisha Gupta in an exclusive conversation with Praful Vithlani - Chairman , AISTA.
Catch Manisha Gupta in conversation with Naresh Jawa, CEO - AllFresh, a WayCool Enterprise as they discuss Nagpur Oranges live from Nagpur only on Commodity Corner.
Get ready to shell out more for your daily sweet experience, with sugar prices reaching a 12-year high. Centre asks sugar mills, trade to disclose stock position every Monday & mill-wise sugar quota every month for sales in domestic market. In a move to cool prices, Govt asks mills to sell 13 lakh tonnes of October quota sugar immediately. Manisha Gupta discusses the impact on consumers with Prafful Vithlani, Chairman AISTA on this episode of Commodities Corner
Steel prices are edging towards a two-month low. China's rebar inventories have witnessed a remarkable 35 percent year-on-year (YoY) increase, impacting the ferrous metals sector, including steel and iron ore. We also discuss the market's response to a less-than-expected rate cut in China, alongside factors such as weak imports and real estate sector demand. A robust US Dollar, reaching a two-month high, adds to market concerns. Additionally, we analyse anticipation surrounding the Jackson Hole meeting outcome this Friday – August 25. Lastly, we highlight the upward trend in India's steel production and exports. Stay informed with our comprehensive analysis of these crucial market dynamics. Watch Commodities Corner with Manisha Gupta to know more.
Metal markets face intense pressure as Fed's rate hike signals clash with soaring inventories, sending gold, copper, zinc, and nickel prices plummeting. China's production surge adds to aluminum and steel woes. Watch Commodities Corner with Manisha Gupta to know more.
In the Telegram channel, the trio represented themselves as 4 Research analysts with a combined experience of 40 years, who are in the "process of getting SEBI Research Analyst Registration".
The Nifty50 is trading above the 20 and 50-Day SMA which is an important short-term moving average, indicating a positive bias in the short term.