turmeric

Yellow rose prices rise as new crop output is expected to be 10-15% lower

Yellow rose is expected to settle at 0.21% at 13,296, down 10-15% on concerns over lower yield forecasts. However, after the pace of harvesting in the main producing areas increased, the real impact on supply was more evident. Despite the lower yield expectations, weak demand and increased arrivals prevented price gains. With increased arrivals in…

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Reduced gas flows to the country’s LNG export facilities caused a decline in natural gas

Natural gas prices dropped by 0.63% to ₹285.7 due to increased U.S. production and reduced tariff risks. President’s suspension of tariffs on Canada and Mexico reduced import costs, reducing price support. Average U.S. gas output rose to 106.0 bcfd in February, but daily production dropped to 105.1 bcfd. Weather remains a key driver, with forecasts…

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Analysis of Sectoral Impact: Which sectors are most likely to benefit?

Hospitality- Positive Impact. With a focus on certain tourism segments and smart partnerships with states, the Budget is laying a solid basis for growing India’s tourism and hospitality industries. The government is fostering a more varied and rich travel experience and enhancing infrastructure by creating the top 50 tourist sites. To promote more sustainable and…

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As Brazil lowers its 2024–25 production forecast to 3.79 million tonnes, cotton prices rise.

CottonCandy rose 0.54% to ₹53,780, driven by India’s upward crop revision and strong demand from garment industries. The Cotton Association of India (CAI) increased its 2024-25 cotton production estimate by 2 lakh bales to 304.25 lakh bales, mainly due to higher output in Telangana. However, North Indian production is expected to decline by 3.5 lakh…

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The rupee fell to a record low, and concerns about a worldwide trade war were raised by Trump’s tariff measures.

US President Donald Trump’s aggressive tariff measures against China, Mexico, and Canada, along with the recent threat against Europe, sparked worries of a global trade war, sending the rupee plunging to a new record low and the benchmark indices closing down on Monday. The rupee made its first foray below the 87/$ threshold. At 87.195/$,…

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