U.S. soybean oil prices have risen dramatically in 2025, to a 15-year high, driven by favorable prices and a shift in trade. January shipments reached 212,714 metric tons, the largest since 2010, compared with just 171,417 tons in the 2022–2023 marketing year. The lower U.S. soybean oil prices have resulted in increased export demand, especially…
Natural gas prices fell by 3.31% to 373.9, driven by near-record output and mild weather forecasts. However, the downside was mitigated by record LNG export flows and concerns over potential reductions in gas exports from Canada following US tariffs on Canada and Mexico. Lower 48 US states saw production increase to 105.5 bcfd in March,…
Silver prices rose 0.61% to 98,141, supported by the dollar index, which fell for a fourth straight session below 104, its lowest level since November. The dollar’s weakness was driven by concerns over tariffs, a widening US trade deficit and rising unemployment, while the European Central Bank (ECB) cut its key interest rates by 25…
Jeera prices rose by 0.28% to 21,395 due to delays in the arrival of a new crop from Gujarat. However, the upside was capped by weak demand and sufficient stock availability. Farmers still hold around 20 lakh bags of cumin, with only 3-4 lakh bags expected to be traded by the season’s end. Production for…
Natural gas prices rose by 9.1% to ₹387.3 due to record flows to LNG export facilities and higher-than-expected demand forecasts for next week. Despite near-record output and mild weather projections, gas demand in the Lower 48 states is expected to fall from 118.8 bcfd this week to 115.2 bcfd next week. Weather forecasts indicate temperatures…
Crude prices fell slightly in Asian trade on Wednesday as markets remained nervous about tax challenges and rising supply, with the focus on stimulus plans in the world’s largest importer, China. Prices fell to their lowest in five months on Tuesday as investors worried about a slowdown in demand in the face of economic sanctions…
India’s rice procurement reached 45.84 million tonnes as of February 28, a 5% increase from last year. The Kharif season rice production is estimated at a record 119.93 million tonnes. Key states like Bihar, Uttar Pradesh, and Madhya Pradesh reported higher procurement, while Punjab and Haryana saw a decline. The Food Corporation of India (FCI)…
Oil prices fell to their lowest in nearly three months in Asian trade on Tuesday, as concerns mounted about the economic disruption caused by rising US trade tariffs and the possibility of additional OPEC+ output. Oil has not been resting this week as the world’s largest economies threatened to escalate their trade war. Concerns also…
Jeera prices rose by 0.42% to 21,335 due to the delayed arrival of the new crop in Gujarat due to unfavorable weather conditions. However, demand remains subdued and current export requirements are met through available stock. Farmers hold approximately 20 lakh bags of cumin, with only 3-4 lakh bags expected to be traded by the…
The prospects for India’s wheat harvest have improved as the recent Western Disturbance brought good rains and snowfall to north and northwest India, allaying earlier concerns about weather-related damage, the India Meteorological Department (IMD) said. While no significant weather threats are expected, March is expected to deliver above-average temperatures. Moreover, the absence of severe cold…
