Market News Today

Chana prices surged during the weekend of 27 April 2024. Government interventions, including warehouse investigations, are ongoing amid hoarding suspicions. A significant price surge in the chana market is not anticipated at present.

In Indore, wheat prices started the day ranging from Rs. 2370-2520/quintal, while maize prices in Chhindwara ranged between Rs. 2140-2200/quintal. On Lawrence Road, the price of wheat from Rajasthan, U.P and M.P increased by Rs. 5 to range between Rs. 2460-2490/quintal.

Discover SABIC's Q1 2024 financial challenges amid global uncertainties, with a 62% net income drop attributed to reduced sales and geopolitical tensions. Despite overcapacity concerns, SABIC invests in expansion, like a $6.4B project in China and innovations for carbon neutrality.

Delve into the complex interplay of regulations and tariffs shaping the global aluminium market. From US tariffs to EU environmental initiatives and China's export tax policies, understand their impact on stakeholders and industry dynamics.

On Lawerence Road, the prices of new chana from Rajasthan remained stable at Rs. 6425-6450/quintal, while the prices of new chana from M.P. were quoted at Rs 6400-6425/quintal during this period.

In April, India's flat steel segment saw average performance with stable domestic market trends and slight price increases. The rise was driven by surging prices of primary mills' long steel, notably TMT and structural steel.

Demand for Indian cotton remains strong among buyers, driving up market prices. This bullish trend marks a significant surge in the Indian commodities market.

Heat wave escalates Aavin's packed buttermilk sales by 30% in Tamil Nadu, indicating a surge in consumer preference for refreshing beverages amid high temperatures.

The USDA revised its broiler production forecast upwards, potentially impacting India's poultry market, where domestic consumption and international exports both play crucial roles. This may alter competitive dynamics and prices for Indian customers.

Indonesia's palm oil exports plunged by 25% in February due to the increased affordability of rival oils, affecting the global commodities market and Indian importers.