Topic
shortage
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 FM Sitharaman Assures No Foodgrain Shortage Despite El Nino Impact on Monsoon
Union Finance Minister Nirmala Sitharaman assured that India has adequate buffer stock of foodgrains and there will be no shortage despite the impact of El Nino conditions. Speaking at the Mindmine Summit in New Delhi, she stated that the Southwest Monsoon rainfall is expected to be below normal, but sufficient fertilizer is available for the Kharif season, with Rabi supply commencing from November.
Technology RAM Crisis Will Drive Hardware Prices Higher Into 2027, Nothing CEO Warns CTOs
Nothing CEO Carl Pei warns that the RAM crisis is not ending soon, with memory now the most expensive component in smartphones, accounting for over 50% of hardware costs. Phone prices are rising and will continue into next year. Nvidia's Jensen Huang expects the shortage to last 'quite a few years,' while ex-Samsung boss Kye-hyun Kyung predicts a potential softening by late 2027 or early 2028 due to Chinese RAM expansion.
Commodities From Khorasan to Kashmir: Saffron Prices Surge Amid Global Supply Squeeze from West Asia Conflict
Kashmiri saffron prices have surged to ₹340-₹350/gm from ₹200-₹250/gm a year ago, driven by the West Asia conflict disrupting Iranian supplies — Iran accounts for 90% of global output — and a sharp decline in local Kashmir yields. Traders and the Saffron Growers Association report production fell to 5-10% of normal last year, pushing GI-tagged saffron to ₹380/gm and raising Iranian saffron prices to ₹190-₹200/gm. Prices are expected to remain firm amid continued supply chain uncertainty.