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Commodity Market, Commodities News Today | The HinduBusinessLine

IIRR’s Speed Breeding facility to accelerate launch of new seed varieties Oil and gas plunge as Iran weighs new US proposal to end war Crude oil gains as markets assess West Asia talks Gold, silver firm up on prospects of easing US-Iran tensions APEDA to conduct Basmati survey in 4 mln ha, double the area of actual crop grown NMDC hikes iron ore prices by ₹200 tonne Central banks turn net sellers of gold for the first time in 10 months Crude oil futures fall on hopes of US-Iran agreement World Gold Council to launch unified platform for responsible mining to address various concerns Kerala fishers urge PM to order fresh study before deep-sea fishing permits Chevron CEO says shortages in oil supply will begin appearing Crude oil futures decline after US-flagged vessels pass through the Strait of Hormuz Reliance boosts LPG output as India faces gas shortage amid Hormuz disruption Oil rises on signs of heightened tensions in Strait of Hormuz India’s rice purchase reaches near 50 million tonnes, up 6% from a year ago Battery raw material lithium may increase further this year RBI, IRDAI not inclined to allow commodity derivative investments, SEBI says Crude oil futures rise despite Trump’s decision to free Hormuz vessels Global oil supply deficit of 4.8 mbpd may ease through demand destruction: report OPEC+ nations agree on symbolic quota hike in first meet after UAE’s surprise exit India may take middle path, unlikely to remove import duty on cotton Most models predict El Nino may last until January 2027: IMD Petrol and diesel rates could rise in near future. Here’s why Rajasthan farmers appeal Centre to buy 100% chana or reimburse difference Distillers welcome move to allow vehicles to run on up to 100% ethanol Oil prices rise on report US considering military options to break Iran deadlock Oil prices keep spurting higher, but US stocks hold near their records Supply-side risks may support zinc, though trade may remain volatile Armed with Govt missive, India’s APEDA poised to take up rice GMO issue with China US natural gas glut shields economy from Iran war energy crisis ADNOC tells clients they can opt to load crude outside Gulf, avoid Hormuz Crude oil futures fall 1% to ₹9,417 as UAE exits OPEC UAE exit blindsides OPEC and threatens to shake its grip on oil Crude oil futures edge lower after UAE announces OPEC exit Augmont wins awards at India Silver Conference India’s fertilizer production drops as Iran war disrupts supplies UAE to leave OPEC in May as Iran war reshapes oil market Nirmala Sitharaman inaugurates new premises of IIGJ in Udupi Commerce Ministry notifies decision to allow exports of 25 lakh tonne additional wheat Iran talks stall, crude jumps— gold, silver under pressure? Gold edges down with US-Iran talks, central bank decisions in focus Aluminium can shortage puts ₹11,500 crore beer, beverage market at risk in India Crude oil futures edge higher as Trump unhappy with Iran proposal Rice exporters seek Goyal’s intervention on China GMO issue Net inflows into gold ETFs turn negative after positive trend for 2 weeks in a row Oil rises as stalled US-Iran peace talks keep Hormuz Strait shut Crude oil futures rise as US-Iran peace talks stall Dallas Fed, IEA, Baker Hughes expect traffic in Strait of Hormuz to recover in H2 2026 Govt ‘cautiously optimistic’ on wheat production after damage from rains, hailstorms Gulf oil output can rebound in months after Hormuz reopens: Goldman Sachs US sanctions Chinese refinery and 40 firms over Iranian oil trade US will not renew Russian and Iranian oil waivers, says Treasury Secretary Scott Bessent Telangana to procure 15 lakh tonne of maize Gold prices firm up in India as rupee depreciates against dollar Rice lobby wants EU to impose safeguard mechanisms to save farmers Agro-forestry will be renamed as ‘tree-based farming’, says Shivraj Crude oil eases to ₹9,127/barrel in futures trade despite global market upheaval No change in Bt cottonseed MRP for 2026-27 Crude oil futures rise on fears of prolonged US-Iran tensions Global steel production falls 4.2% in March as China drags output lower Brazil displaces India as largest exporter of corn to Bangladesh China, India keep net inflows in gold ETFs positive so far this year Why gold, silver prices slipped today — What’s driving the fall in bullion? Rocklink India opens lithium-ion battery recycling plant to boost rare earth ecosystem Iron ore consolidates as investors weigh higher war-induced costs against rising supply Crude oil rises above $103 as US-Iran tensions and Strait of Hormuz disruption fuel supply fears India’s urea stock at 4-year low ahead of kharif sowing season Gold slips 0.7% as brent holds near $95 on US–Iran uncertainty Iran tankers go dark to sail past US blockade laden with crude Crude oil futures edge lower after Trump extends Iran ceasefire Shivraj Singh Chouhan expresses concern over ‘low’ wheat purchase in M.P., to speak to CM US waiver set to keep Russian oil exports to India near record high Marine fuel blenders, refiners chase heavy sweet oil amid Iran war disruptions Gold, Silver range-bound; crude surges on Hormuz fears Industry seeks removal of 2.5% duty on aluminium scrap to ease costs India's March crude imports slide on Iran war, Russian volumes hit record high, data shows Crude oil futures trade lower on US-Iran talks report India doubles wheat export quota to 5 million tonnes Fish waste finds new life as high-value biomedical material MCX to launch coal exchange Exporters’ support lift orthodox leaf prices in Coonoor tea auctions Basmati exporters of Punjab urge Goyal to restructure & initiate reforms in development body BEDF Disruptions at Russia’s Primorsk, Ust-Luga & Novorossiysk ports may impact India’s refinery operations Crude oil futures rise as tensions escalate again in West Asia US energy chief says gas prices could stay above $3 per gallon until next year Oil surges 6% as Hormuz tensions rattle markets, raise inflation fears How 50 days of the Iran war led to the loss of $50 billion worth of oil One Indian vessel crosses Hormuz, four others turn back as IRGC opens fire Indian ships reverse course in Hormuz strait, vessel tracker says Oil prices retreat while stock indices surge following US-Iran ceasefire Natural diamonds as a strategic commodity in India’s evolving jewellery market India’s wheat procurement plummets 40% due to delayed start in Madhya Pradesh Global steel demand set to rise despite West Asia conflict risks Elevated prices curb gold demand ahead of Akshaya Tritiya Crude oil futures fall as Trump hints at possible end to war with Iran Crude oil falls on prospects for talks to end Iran war and revive supply India’s sugar production in 2025-26 season may be around 28 million tonnes, experts say Basmati exporters urge govt to suspend ₹83/tonne levy amid delayed payment, shrinking margin Coal Ministry to launch 15th round of commercial mine auctions End of sanctions waiver to tighten crude supply, push up costs
Impact of India’s revised edible oil packaging order could be far wider: SEA
By BL Mangaluru Bureau · 2026-06-08 · via Commodity Market, Commodities News Today | The HinduBusinessLine
It is a consumer-first initiative that will help reduce confusion and strengthen trust across the edible oil …