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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 BALCO deploys AI humanoid agent for real-time training, operations and safety NSE gets MCA approval to launch National Coal Exchange of India Coal stock adequate for 90 days available: Union Coal Minister Kishan Reddy India auctions 46 critical mineral blocks, launches 7th round with 19 more: G Kishan Reddy Iranian crude returns to India after seven years as tankers dock at key ports India's March palm oil imports fall 19% to three-month low Crude oil futures rise as US moves to blockade Iranian ports Gold falls on stronger dollar, fading Fed rate-cut hopes Crude oil jumps 7% to above $100 on US’ maritime blockade on Iran Draft CAFE-3 Norms: Govt eases penalties, focuses on carbon credit trading for auto sector India allows Iranian oil tankers to berth at Sikka port under special exemption US expected to extend waiver for Russian oil imports amid global energy price concerns Sharp fall in prices hit gold ETF inflows in March India to continue buying Russian crude oil Gold futures drop ₹1,363 to ₹1,52,071/10g India targets 30 lakh PNG connections amid LPG supply concerns Crude oil futures rise on Hormuz disruptions, Saudi attack reports Unseasonal rain, hailstorms, may drag Indian wheat output by over 5% No LPG shortage in country, vessels continuously coming to India via Hormuz: Petroleum Secretary Neeraj Mittal Russia offers sanctioned LNG to energy-hungry Asia at a discount Crude oil futures rise after Israeli attacks on Lebanon West Asia Conflict: Natural gas allocation to fertiliser sector upped to 95% Oil and Gas prices plunge after US and Iran agree to a ceasefire US ceasefire may boost LPG, LNG supplies to India in short term Natural Diamond Council celebrates ‘World Diamond Day’ India set to get first Iranian crude oil cargo in 7 years Crude oil futures crashes 6% to hit lower circuit as US-Iran ceasefire cools tensions Gold rises to near three-week high as Trump pauses attacks on Iran India’s green energy drive faces critical minerals hurdle amid global race Oil plunges, stocks surge as US-Iran ceasefire sparks global market rally Freight surge, logjam hurts egg exports despite strong demand Sugar consumption in April may fall by 2 lakh tonnes on cool weather and LPG scarcity Industry body urges Maharashtra to retain inspector-free fertilizer policy Government amends mining rules to boost critical mineral exploration and self-reliance Silver futures decline ₹1,479 to ₹2.31 lakh/kg as geopolitical risks lift inflation outlook IGX gas trade rises 28% YoY in FY26 to record 76.8 million MMBtu India returns to buying Venezuelan crude to ease supply crunch Crude oil futures hit record ₹10,888/barrel; 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silver down 9% Basmati exporters seek relief as shipping lines levy charges amid disruption due to war Tanker carrying Iranian crude oil shifts course from India to China Oil prices surge while Asian share prices rise moderately Trump to reduce steel, aluminum tariff rates for derivative products, sources say West Asia conflict erodes Qatar’s share in India’s LNG imports to record low in March India procures 6% more rice from farmers in 2025-26 kharif marketing season OPEC+ likely to weigh further oil output hike on Sunday, sources say Reliance SEZ refinery exempt from diesel, ATF export tax: Govt OMCs face losses as crude tops $100 while fuel prices remain unchanged
India’s 77 paddy & 65 maize-growing districts prone to at least 10% yield loss on El Nino impact
Prabhudatta Mishra · 2026-06-25 · via Commodity Market, Commodities News Today | The HinduBusinessLine
Women farmers transplant paddy seedlings in a waterlogged field during the monsoon season, in Bastar district, Chhattisgarh

Women farmers transplant paddy seedlings in a waterlogged field during the monsoon season, in Bastar district, Chhattisgarh | Photo Credit: PTI

The Indian government’s assessment of districts vulnerable to a possible El Niño impact this year is based on a historical analysis by the Indian Council of Agricultural Research (ICAR) of crop losses during previous El Niño years. ICAR has identified districts that had recorded at least a 10 per cent decline in production during the drought-bearing El Niño years of 2002, 2004 and 2009, creating a district-level vulnerability map for key rain-fed crops.

The exercise flagged 77 districts in paddy, 65 in maize and 36 each in sorghum and millet as particularly susceptible to rainfall shocks associated with El Niño conditions.

The identification of these districts forms the basis of the Centre’s preparedness strategy for the current monsoon season. States have been advised to implement crop-specific contingency measures and agronomic interventions to minimise yield losses in the event of a significant rainfall deficiency. The move suggests that the government’s response is being guided not only by current weather forecasts but also by lessons drawn from the agricultural impact of previous El Niño episodes, particularly in major foodgrain-producing regions.

‘2026 not comparable’

Official sources said that these thee years are crucial to under stand impact of monsoon as the rainfall deficit was 19 per cent in 2002, 13 per cent in 2004 and 23 per cent in 2009. In other El Nino years since 2002, the impact on monsoon was not much due to other factors. The kharif season’ foodgrains (rice, nutri/course cereals and pulses) production in 2002 had dropped by over 22 per cent, and in 2004 and 2009 by 12 per cent, each.

However, a former agriculture secretary said that the current year’s situation is not comparable with these previous three years as there has been a major expansion of area under assured irrigation, mainly through groundwater. Besides, the spatial distribution of rainfall needs to be monitored how it spreads out this year, which may not be same as was on earlier occasions, he said citing the instance of Odisha where monsoon is predicted to be normal in most districts this year.

According to the ICAR’s standar operating procedures (SPO) for 2026, “terminal drought generally coincides with reproductive stages and often led to severe yield reductions. In such situations, Krishi Vigyan Kendras (KVKs) will recommend applying life-saving irrigation, wherever possible, along with foliar nutrient applications, and prioritization of catch crops in case of crop failures. Severely affected crops can be harvested as fodder.”

Sensitising stakeholders

Sources said that ICAR’s Hyderbad-based Central Research Institute for Dryland Agriculture (CRIDA) has started holding meetings with agriculture departments of States to sensitise stakeholders on the potential impacts of El Niño and appropriate adaptation strategies, including contingency crop planning for managing mid-season and terminal droughts. So far, it has held first round of meetings with major rice growers Bihar, Karnataka, Telangana, Andhra Pradesh, Maharashtra, Rajasthan, Assam, Punjab, Gujarat, Uttar Pradesh and West Bengal.

The Centre has fixed a production target of 176.16 million tonnes (mt) of foodgrains which include 123.15 mt of rice, 31.04 mt of maize, 13.56 mt of nutri cereals and 8.4 mt of pulses in current Kharif season.

Meanwhile India Meteorological Department on Wednesday said that monsoon rainfall across the country during June 1-24 was 42 per cent lower than normal with only 21 per cent of the geographical areas receiving average rainfall.

Published on June 25, 2026