Topic
prices
Commodities Commercial LPG prices drop: 19-kg cylinder rate cut by ₹202 in Delhi, ₹209 in Kolkata
A 19-kg commercial LPG cylinder price was cut by ₹202 in Delhi and ₹209 in Kolkata effective Saturday, according to The Hindu Business Line. Kolkata's price is now ₹2,872.50, while domestic cylinder prices remain unchanged. The reduction follows a July cut of ₹183.50 that brought Delhi's 19-kg price to ₹2,930.
Commodities Commercial LPG Prices Cut by Over Rs 200; Delhi, Kolkata 19-kg Cylinder Rates Published
Commercial LPG prices in India were cut by over Rs 200 per 19-kg cylinder, according to a Business Today report dated August 1, 2026. Authored by Trisha Mahajan, the report published revised rates for Delhi and Kolkata. The extracted source text did not include the exact per-cylinder figures.
Commodities West Asia crisis drags orthodox tea prices down at Kochi auctions
Orthodox tea prices at Kochi auctions fell by ₹9 per kg in sale 31 as the West Asia crisis dampened export demand amid rising freight costs and port congestion. Auctioneers reported fair support from CIS buyers while West Asia remained subdued. CTC dust stayed firm, supported by strong domestic demand.
Commodities Crude oil futures fall 3% to ₹7,811 per barrel as West Asia shipping improves
MCX crude oil futures fell 2.81% to ₹7,811 per barrel for August delivery on Friday, tracking weak global benchmarks as improved tanker movements through the Strait of Hormuz and Bab el-Mandeb eased geopolitical supply concerns. Prices remain pressured by lingering risks, including halted loadings at Kazakhstan's Black Sea terminal and the Houthi blockade threat.
Commodities Domestic Sugar Prices to Remain Firm in Short-Term, Says Triveni Engineering
Triveni Engineering & Industries reported a 2.1% rise in net turnover to Rs 1,581 crore for Q1 FY27, driven by higher sugar sales volume and better price realisation. The company expects domestic sugar prices to remain firm in the short term due to lower carry-over stocks and potential El Niño impact on production.
Commodities Gold Prices Rise Across Major Indian Cities on July 30; Chennai, Hyderabad See Steeper Gains
Gold prices in India increased across all major cities on July 30, 2026, with 22-carat gold rising by ₹15 per gram in most cities but by ₹75 per gram in Chennai and Hyderabad. The data, courtesy of bankbazaar.com, shows Mumbai, Delhi, Ahmedabad, Bengaluru, and Kolkata recording smaller gains, while Chennai and Hyderabad saw larger upticks.
Commodities Indian rice prices rise on El Nino factor but remain most competitive on f.o.b basis
Indian non-basmati rice prices have risen by over $18 per tonne in recent weeks due to El Nino concerns, but remain the most competitive on a free-on-board (f.o.b.) basis. The monsoon deficit and domestic price increases support prices, while carryover inventories prevent a return to historical peaks. BMI raised its price forecast, and India is expected to retain a 42% global market share.
Commodities Gold and Silver Slip as Fed Decision, Stronger Dollar Weigh on Bullion Prices
Gold and silver prices declined as a stronger US dollar and cautious investor sentiment ahead of the Federal Reserve's interest rate decision dampened demand. Spot gold slipped 0.1% to $4,021.87 per ounce, while silver dropped about 2% to $57.24 per ounce internationally. In the domestic market, silver fell Rs 5,200 to Rs 2,24,800 per kg.
Commodities Crude Prices Climb Over 4% as Renewed Middle East Tensions and Inventory Draw Fuel Supply Fears
Oil prices rebounded sharply on Wednesday, with Brent crude climbing 4.41% to $87.80 per barrel and WTI gaining 4.23% to $82.61. Renewed Middle East tensions, particularly around the Strait of Hormuz, and a 3.3 million barrel draw in US crude inventories reversed the previous session's steep decline.
Commodities Turmeric Prices Surge to Record Highs on Tight Supplies and Deficient Monsoon Rain Fears
Turmeric prices have surged to record highs, with the August NCDEX contract trading at ₹20,518 per quintal, as tight carry-forward stocks and fears of deficient monsoon rain due to El Nino drive bullish sentiment. Industry stakeholders report a hand-to-mouth supply situation and declining inventories, while exports show mixed signals.
Commodities Gold Prices Rise but Upside Capped as FOMC Decision Looms, July 28 Outlook
Spot gold traded 0.20% higher at $4065 on July 27, but fell from an intra-day high of $4116 as oil prices rebounded on geopolitical tensions. Weekly gain of 0.90% was supported by weak US durable goods data and rising Fed rate hike probabilities. Upside is capped by the upcoming FOMC decision.
Home Heating Oil Prices in Northern Ireland Jump £100 in Three Weeks on US-Iran Tensions
The average cost of 500 litres of home heating oil in Northern Ireland has risen by £98.78 (29%) in three weeks, reaching £445.37, according to the Consumer Council for Northern Ireland. The surge is attributed to escalating fighting between the US and Iran. About two-thirds of Northern Ireland households rely on heating oil, the highest proportion of any UK region.
Commodities Gold Prices in India Fall Across All Major Cities on July 24, 2026
Gold prices in India declined across all major cities on July 24, 2026, with 22-carat gold dropping by ₹270 per gram and 24-carat by ₹283-₹284 per gram. Prices for 8 grams also fell proportionally, according to data from bankbazaar.com as reported by The Hindu BusinessLine. The uniform decrease reflects a broad market trend, though no specific driver was cited.
Commodities Quality Tea Prices Rise in Kochi Auctions as Blenders, Exporters Drive Demand
Quality teas in Kochi auctions saw higher prices from blenders and exporters in both dust and leaf categories. CTC dust prices rose by ₹2/kg to ₹153.88, with blenders absorbing 72% of sold quantity. Orthodox leaf demand from CIS countries supported the market while West Asia demand was subdued.
Commodities Oil Holds Above $100 as Red Sea Attacks and Kazakhstan Outage Tighten Supplies
Oil prices have staged a sharp comeback, with Brent crude holding above $100 a barrel after Iran-aligned Houthi rebels attacked Saudi oil tankers in the Red Sea and a suspected Ukrainian drone strike forced the closure of Kazakhstan's main Black Sea export terminal. The twin disruptions have renewed fears over global energy supplies, reversing earlier hopes of easing Middle East tensions.
Commodities Gold falls over 2%, silver drops nearly 4% as rising oil prices fuel inflation and rate concerns
Gold prices declined over 2% and silver fell nearly 4% as rising crude oil prices revived inflation worries, prompting expectations that central banks may maintain restrictive monetary policies. According to The Times of India, higher oil costs have reduced the appeal of non-yielding assets like precious metals amid heightened rate hike fears.
Commodities Indian rice export prices hit near 10-month high on tight paddy supplies and monsoon concerns
Indian rice export prices rose to a near 10-month high this week, driven by tight paddy supplies and concerns over the new-season crop after patchy monsoon rainfall, according to Reuters. The 5% broken parboiled variety was quoted at $356-$361 per ton, up from $352-$357 last week. Adverse weather also affected crops in Bangladesh, while Vietnam saw lower prices due to building supplies from the summer-autumn harvest.
Commodities Iran War Pushes Brent to $100, Oil Companies Fear Hit to Their Finances
Global benchmark Brent crude topped $100 per barrel for the first time in nine weeks amid renewed US-Iran conflict in West Asia. The disruption through the Strait of Hormuz and continued Houthi attacks on Bab el-Mandeb Strait have pushed prices up nearly 7% in a day. Indian oil marketing companies, already reeling from losses in the June quarter, face further financial strain as crude prices surge.
Commodities Brent crude tops $100 on Red Sea attacks, Houthis claim strikes on Saudi tankers
Brent crude climbed above $100 per barrel for the first time since May after Yemen's Houthi group claimed responsibility for attacking two Saudi oil tankers in the Red Sea. The geopolitical risk premium drove prices sharply higher, with Brent trading at $100.79 per barrel, up 7%, and WTI at $91.83 per barrel. Analysts warn of further upside if Strait of Hormuz exports are disrupted.
Commodities Indian egg prices crack new record as heat wave and feed costs squeeze supply
Egg prices in India's largest producing hub, Namakkal, have hit an all-time high of ₹6.80 per egg (farm-gate) as a prolonged summer reduces bird productivity and feed costs for maize and soybean meal surge. The National Egg Coordination Committee (NECC) raised procurement prices, and industry warns of sustained tight supplies.
Commodities Oil Prices Hit $100 for First Time Since May as Middle East Conflict Escalates
Oil prices hit $100 a barrel for the first time since May as the escalating conflict in the Middle East reignited fears over global energy supplies, according to BBC. Brent crude rose more than 5% on Thursday after several days of increases, with the US stepping up military strikes against Iran. Houthi militia attacks on oil tankers in the Red Sea and a failed ceasefire between the US and Iran have further tightened supply concerns.
Business UK Inflation Holds at 2.6% as Bank of England Weighs Rate Path Amid Fuel and Food Price Shifts
UK inflation declined to 2.6% in the year to June 2026, slightly below expectations, driven by cheaper fuel and falling food prices. The Bank of England, with its base rate at 3.75%, faces a delicate balance as inflation remains above the 2% target and is expected to rise again. Businesses should monitor rate decisions that affect borrowing costs and investment.
Business UK Inflation Drops to 2.6% in June as Fuel and Food Prices Ease
UK inflation fell to 2.6% in the year to June 2026, down from 2.8% in May, driven by lower fuel and food prices, according to the Office for National Statistics. The data offers some respite for businesses and consumers, though inflation remains elevated.
Commodities Gold surges Rs 800 in Delhi; silver steady as Fed, geopolitics, China demand steer precious metals
Gold prices in the Indian capital gained Rs 800 per 10 grams to Rs 1,47,700 on Tuesday, driven by strong physical buying and favourable global cues. Silver remained flat at Rs 2,21,500 per kg. Analysts attribute silver's recent outperformance to improving industrial demand expectations amid US-Iran diplomatic engagement and China's tech sector support, while gold continues to benefit from central bank purchases and Chinese physical demand. The US Federal Reserve is expected to keep interest rates unchanged for the rest of 2026, according to a Reuters poll.
Commodities UK Electricity Prices Remain Among Europe’s Highest as Wholesale Gas Costs and Grid Investment Bite
The BBC reports that UK household electricity prices are the fourth highest in Europe, driven by three factors: wholesale gas costs (heightened by wars in Iran and Ukraine), a gas-heavy generation mix (31% from natural gas in 2025), and rising grid infrastructure investment. France, by contrast, generates 69% of its electricity from nuclear power.
Commodities Big Jump in Benchmark Diesel Price Is Second Largest Since Iran War Began
The DOE/EIA benchmark diesel price surged 33.8 cents/gallon to $5.134/g, marking the second-largest weekly increase since the start of the Iran war. Ultra low sulfur diesel (ULSD) on CME settled at $4.119/g, nearing a $1 gain from early July. Supply disruptions from the Strait of Hormuz and potential Houthi attacks on Saudi Arabia continue to fuel bullish sentiment.
Commodities Natural rubber prices rule firm at ₹282 as Kerala government hikes support price
The Kerala government raised the support price of natural rubber to ₹250 per kg from ₹200, effective from July 3, 2026. Market prices for RSS IV grade remain firm at around ₹282 per kg, supported by adequate rainfall in key growing regions. However, the sector faces challenges including a shortage of rubber tappers and uneven rainfall distribution across districts.
Sugar Trade Body AISTA Dismisses Shortage Concerns Amid 15% Price Surge in Less Than a Month
The All-India Sugar Trade Association (AISTA) dismissed reports of sugar shortages in India, attributing a 15% rise in ex-factory prices over the past month to unwarranted panic. The trade body cited adequate stocks as confirmed by ISMA and NFCSF, urged members to maintain supply pipelines, and noted expectations of favourable weather for the upcoming 2026-27 season.
Commodities Weather Shocks, Structural Weaknesses Fuel Volatility in Coffee, Cocoa, Tea Prices, Says FAO
A new FAO report highlights that weather-related shocks remain the primary driver of price volatility in coffee, cocoa, and tea markets. Supply concentration and growing consumption create fertile ground for swings. Price changes are not transmitted evenly, with producers bearing the brunt.
Commodities Global Crude Oil Prices Surge Around 16% Amid US-Iran Retaliatory Strikes
Global crude oil prices surged around 16% this week driven by an escalation in fighting between the US and Iran, with both sides trading retaliatory strikes. Brent crude September futures on the ICE settled at $88.10 per barrel, up 15.9%, while WTI crude August futures on NYMEX ended at $82.49 per barrel, up 15.5%.
Commodities Sugar Price Surge Unjustified as Stocks Comfortable, Say ISMA and NFCSF After Government Meeting
India's two main sugar bodies, ISMA and NFCSF, have declared the recent surge in domestic sugar prices to ₹44-45 per kg as unjustified, citing comfortable stock levels and ample availability. After meeting with the government, the industry agreed to start crushing earlier in the upcoming 2026-27 season to further boost supplies and curb speculation.
Commodities Urad Prices Surge 20% on Tight Supplies and Rising Rates in Myanmar and Brazil
Urad (black matpe) prices have surged about 20% over the past month, driven by tight supplies, a rebound in demand, and higher rates in Myanmar and Brazil. India's urad output fell in 2025-26, and imports from Myanmar and Brazil dropped sharply. Sowing of kharif urad was 6% lower year-on-year as of July 17, adding to supply fears.
Commodities Gold and Silver Slide as Rising Yields and Oil Price Surge Weigh on Precious Metals
Gold and silver prices fell sharply, with spot gold dropping 2% to around $3,984/oz and silver 3.6% to $55.68/oz, as rising US Treasury yields and higher crude oil prices dampened investor appetite. MCX silver shows technical recovery potential toward Rs 227,000 with support at Rs 218,000. Geopolitical tensions in the Middle East threaten oil routes, fueling inflation concerns and weighing on precious metals.
Commodities Indian Rice Export Prices Rise Third Week on Higher Reserve Price and Monsoon Concerns
Indian rice export prices extended gains for a third consecutive week, driven by a higher reserve price under the government's Open Market Sale Scheme (OMSS) and concerns over weak monsoon rains delaying planting. The 5% broken parboiled variety rose to $352-$357 per tonne, while Bangladesh floods damaged crops on over 28,610 hectares.
Commodities Indian Rice Export Prices Extend Gains as Reserve Price Rises and Monsoon Concerns Linger
Indian rice export prices extended gains for a third consecutive week, supported by a higher government reserve price under the Open Market Sale Scheme and concerns over weak monsoon rains that could delay planting. Bangladesh floods damaged crops on over 28,000 hectares, while Thai and Vietnamese rice prices held steady amid slow trading.
Commodities Indian Cotton Prices Firm Up on Acreage Dip and Global Rally
Indian cotton prices have firmed up following a bullish global trend and a 15% decline in acreage due to deficient rains. The Cotton Corporation of India raised prices by ₹800 per candy, while demand from mills and trade remains strong. Despite concerns over delayed monsoon, industry officials remain optimistic about the crop.
Commodities Gold Price Prediction Today: Will Gold Prices Continue to Fall Amid US-Iran Conflict?
Gold prices fell sharply on July 13, 2026, as renewed US-Iran hostilities over the Strait of Hormuz boosted safe-haven demand for the dollar and yields. Spot gold dropped 2.6% to $4013, with a weekly loss of 1.3%. Meanwhile, central banks continued buying, with China adding 15 tons in June. Fed officials signaled possible rate hikes, pressuring gold further.
Commodities Crude Surges to One-Month High as US-Iran Conflict Escalates, Brent Nears $85
Oil prices climbed to a one-month high on Tuesday as the United States reinstated a naval blockade on Iran and intensified military strikes, while Tehran retaliated with attacks on UAE oil tankers in the Strait of Hormuz. Brent crude rose 2% to $84.98 a barrel, and WTI gained 2.1% to $79.79, adding to a 9.6% surge in the prior session.
Commodities Gold and Silver Prices Drop Over 1% as Middle East Tensions Drive Oil Higher
Spot gold fell 1.2% to $4,072.78 an ounce and US gold futures slipped 0.8% to $4,081.70 amid escalating US-Iran tensions over the Strait of Hormuz, which drove oil prices sharply higher and revived inflation concerns. Analysts expect bullion to remain in a corrective phase unless stronger fundamental triggers emerge, with market attention on geopolitical developments and upcoming Chinese economic data.
Commodities Coffee prices tumble after record rally as El Niño fears and ICE margin hike fuel volatility
Coffee prices on the ICE exchange tumbled on Friday, with arabica down as much as 8%, after a record rally earlier in the week. The U.S. Climate Prediction Center forecast an 81% chance of a very strong El Niño, while ICE raised margin requirements, reducing liquidity and increasing volatility. Cocoa futures also plunged 10% but remained on track for strong weekly gains.
Commodities Rabi harvest blues: Key crops sell 3-8% below MSP as maize plummets 24%
Key rabi crops — wheat, chana, barley — sold 3-8% below MSP during April-June harvesting. Maize was worst hit at 24% below MSP, while mustard outperformed at 8% above. Current prices show slight recovery except for wheat, which fell further in July.
Commodities Oil edges lower but heads for weekly gain as West Asia supply risks persist
Oil prices edged lower on Friday but remained on track for weekly gains as the United States and Iran continued trading strikes, keeping supply risks elevated. Brent futures fell 6 cents to $76.24/bbl, while WTI lost 4 cents to $72.04/bbl. For the week, Brent was set for a 6% gain and WTI for a 5% increase.
Commodities Gold, Silver Rate Today: Yellow Metal Steadies but Remains on Track for Weekly Loss as Silver Tumbles
Gold prices in India slipped for the fourth consecutive session on Thursday, with 10 grams falling Rs 350 to Rs 1,48,100, amid a stronger rupee and subdued local demand. International spot gold steadied near $4,122 per ounce but remained on track for a weekly loss of over 1%. Meanwhile, silver prices tumbled Rs 7,800 to Rs 2,32,000 per kg in the domestic market. Market attention remains on US economic data and Federal Reserve policy signals.
Commodities India’s soybean acreage seen rising 5-7 per cent on favourable prices, says SOPA
India’s soybean acreage is expected to rise 5-7% over last year, driven by prices above the minimum support price. Sowing is nearly complete in key growing regions, with farmers shifting back from maize. The final output depends on timely rainfall over the next three months.
Commodities Gold and Silver Prices Decline in Indian Bullion Market: 24 Carat Gold Down 1.7%
According to News on AIR, gold and silver prices declined in the Indian bullion market on June 24, 2026. 24 carat gold was trading 1.7 per cent lower at 144,330 rupees per 10 grams, while silver was 1.2 per cent down at 223,470 rupees per kilogram. The data reflects intraday movements in the domestic bullion market.
Commodities Indian Basket Crude Prices Return to Pre-Conflict Levels, Reports Business Today
Business Today has reported that Indian basket crude prices have returned to pre-conflict levels. The article, authored by Atul Mathur, provides no additional data or analysis.
Business IMF Chief Economist Warns AI Boom Could Fuel Inflation Through Supply and Demand Channels
International Monetary Fund Chief Economist Pierre-Olivier Gourinchas told Bloomberg that the artificial intelligence boom is generating inflationary pressures through both supply chain bottlenecks and a demand-side wealth effect. He pointed to recent price increases from Apple and Microsoft as evidence, and warned that the inflation story is just beginning, while also flagging energy and fiscal risks.
Cement demand and prices under pressure amid monsoon onset and rising costs
The onset of the south-west monsoon, labour shortages, and rising fuel costs have pushed India's cement prices down ₹3-5 per bag to an average of ₹356, while the industry faces cost inflation of ₹350-400 per tonne. Analysts expect demand to remain subdued for the next two months, with recovery only after the monsoon season.
Commodities Commercial LPG Cylinder Prices Slashed by Rs 183.50 from July 1: No Further Details Available
According to the Times of India, commercial LPG cylinder prices in India were reduced by Rs 183.50 effective July 1, 2026. The report did not specify city-wise rates or the underlying supply-demand factors for the reduction.
Commodities Gold Futures Rise to ₹1,47,710 per 10 Grams on Spot Demand; MCX August Contract Gains 1.34%
Gold futures on the Multi Commodity Exchange (MCX) for August delivery surged 1.34% to ₹1,47,710 per 10 grams on Friday, July 3, 2026, driven by fresh speculative buying amid firm spot demand. Globally, gold futures in New York rose 1.19% to $4,171.27 per ounce.
Commodities Overseas Demand from CIS and West Asia Lifts Tea Prices at Kochi Auctions
Overseas demand, particularly from CIS and West Asia, has lifted tea prices at the Kochi auctions as the West Asian crisis eases. Orthodox grades saw a 92% sales out of 2,80,925 kg offered, while CTC dust was dearer by Rs1-2 with 89% sales. The trend is expected to continue, according to traders.
Business Food price surge inflates school holiday costs for families amid stalled government support
The cost of school holidays is rising for families on low incomes as food prices continue to climb, despite UK food inflation slowing. A new bill in Northern Ireland aims to restore holiday food payments for 90,000 children eligible for free school meals, after the previous scheme was axed in 2023.
Package Holidays to Dubai and Egypt Cheaper as European Prices Rise Amid Iran Conflict
Package holidays to Dubai and Egypt are significantly cheaper this summer as tour operators cut prices due to war in Iran deterring UK tourists. Meanwhile, popular European destinations like Spain, Portugal, and Greece have seen price increases of 3-5%.
Commodities Tamil Nadu Agricultural University Forecasts Maize Prices at ₹2,400 per Quintal
Farmgate prices of good-quality maize are likely to trade at ₹2,200-2,400 per quintal during the October-November harvest season, according to the Tamil Nadu Agricultural University (TNAU). The forecast, based on 15-year APMC data, aligns with the MSP of ₹2,410. Below-normal monsoon due to El Nino may disrupt production in key states, while demand from animal feed, ethanol, and bioplastics supports prices.
Commodities India Silver Import Curbs Create Shortages, Push Premiums to Six-Month High
India's import restrictions on silver have nearly halted overseas purchases, causing domestic shortages and pushing premiums to a six-month high of $6.5 per ounce. The government aims to ease pressure on foreign exchange reserves by curbing precious metals imports, but the market now faces supply tightness despite initial ETF sell-offs.
Commodities IEA forecasts global natural gas demand to fall 0.5% in 2026 as higher prices curb consumption
The International Energy Agency (IEA) forecasts global natural gas demand to fall 0.5% in 2026, driven by higher prices curbing consumption from power generators and industry. The U.S.-Iran conflict has sharply reduced LNG flows through the Strait of Hormuz, pushing up benchmark prices in Europe and Asia. Asia gas demand fell 1% year-on-year in the first half of 2026 as fuel switching to coal accelerated.
Commodities As Prices Fall, Crack Spread Signals a Split in Oil Markets Amid Diesel-Crude Divergence
The 3:2:1 crack spread has risen to 70-75% of crude value from 27% at the start of 2026, as crude prices fell 7% in two weeks while diesel prices climbed. The divergence, driven by the Strait of Hormuz reopening and Chinese inventory draws, has left retail diesel price indicators showing significant disparity.
Commodities Gold Prices in India Fall Across All Cities on July 7, 2026: Mumbai, Delhi, Chennai, Kolkata Rates Decline
Gold prices in India declined on July 7, 2026, according to The Hindu Business Line. The price of 22-carat gold fell by ₹125 per gram in Mumbai, Delhi, Ahmedabad, Bengaluru, and Kolkata, while Chennai and Hyderabad saw a steeper drop of ₹160 per gram. 24-carat gold also decreased across all cities, with Chennai and Hyderabad recording the largest fall of ₹168 per gram.
Commodities Oil prices inch higher as focus shifts to supply, demand and Hormuz shipments
Oil prices edged higher on Tuesday, with WTI crude at $68.83 per barrel and Brent at $72.26, as the market shifted focus to supply-demand dynamics and recovering shipments through the Strait of Hormuz. A tanker was struck by a projectile near Oman, renewing geopolitical concerns, but gains were capped by OPEC+ output increases and record UAE production.
Commodities Gold price prediction today: Limited upside amid US inflation, key levels to watch July 6, 2026 week
Gold prices are expected to see limited upside due to persistently high inflation in the US, according to Manav Modi of Motilal Oswal Financial Services. The metal edged higher last week on a weaker dollar and soft labour data, but remains range-bound. Key technical levels include resistance at 151,800 and support at 144,650 on MCX. The Fed's June meeting minutes and US inflation data will be the main drivers this week.