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Commodity Market, Commodities News Today | The HinduBusinessLine

India could limit sulphur exports as supplies tighten, sources say India turns to US, Oman, Nigeria for LNG imports in March as Qatar, UAE supplies dry up China resumes buying broken rice from India Silver Price Today April 16: Latest rates in Delhi, Mumbai, Kolkata, Chennai & Bengaluru Gold rate today April 16: Gold rates up in Mumbai, Delhi, Chennai, Kolkata, Ahmedabad & Bengaluru Indian LNG importers scoop up spot shipments after prices recede Limelight Lab Grown Diamonds targets tier 2-cities with 25 stores in Q1 Crude oil futures edge up despite hopes of US-Iran ceasefire extension ‘Iran war oil shock as disruptive as Covid’ Iran war brings US close to net crude exporter for first time since World War II NAAS suggests govt to consider one-time licensing for imported horticulture hybrids India targets cocoa self-sufficiency by 2040 with national mission and reforms Why is Gold rate surges past $4,850 & Silver crossing $80? Crude unlikely to return to pre-war levels soon; India's import bill may rise $70 billion annually: Report US shuts down Iran’s maritime trade despite optimism for more talks Brent crude edges up ahead of fresh US-Iran talks Global fertilizer supply crunch tightens farm economics Crude oil prices fall for a second day on expectations US-Iran talks may resume Madhya Pradesh CM says basmati rice from the State is exported to 47 nations Russian crude oil imports rebound in March as PSU refiners lift record volumes Oil prices hit record high in March as refiners try to replace West Asian grades: IEA India’s gems and jewellery exports plunge 35% in March on weak demand Inflows into gold ETFs turn positive in past fortnight India’s Russian oil imports surge to €5.3 billion in March on higher volumes Russia restricts helium exports as global supply tightens amid Middle East tensions India’s oil security under pressure as West Asia crisis exposes import dependence risks Fuel price freeze: ₹18/litre loss on petrol, ₹35 on diesel Iran oil hoard at sea shields China’s refiners from US blockade Oil declines as US, Iran weigh more talks; US blockade of shipping to and from Iranian ports in place IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy
Telangana to procure 15 lakh tonne of maize
2026-04-24 · via Commodity Market, Commodities News Today | The HinduBusinessLine

With maize prices ruling far below the minimum support price, the Telangana government has decided to intervene and procure at least one-third of the estimated output of 43.20 lakh tonne (lt).

The government would spend ₹4,173 crore to procure 14.89 lt of maize at the MSP of ₹2,400 a quintal. The Cabinet has cleared the proposal and agreed to provide the required guarantee to help Telangana State Cooperative Marketing Federation Limited (TS MARKFED) raise the required funds.

Telangana, which is among the top maize-producing States in the country, has grown the crop on about seven lakh hectares, with an estimated yield of 65.66 quintals per hectare.

Though the MSP stands at ₹2,400 per quintal, maize prices fell to ₹1,600 in most mandis due to softening global prices, resulting in a loss of ₹800 per quintal for farmers.

Farmers in areas like Khammam have organised protests, demanding that the State government step in and procure the commodity to bail them out. The government has so far procured 2.42 lt from over 45,000 farmers through 209 centres by spending ₹580.80 crore.

In view of falling maize prices, the State government recently appealed to the Union government to provide financial support to farmers. 

Published on April 24, 2026