This year the various regions in Europe have been experiencing an abnormal rise in temperature and many cities’ temperatures crossing over 40 degrees!!! The world is having hotter, drier summers and warmer, wetter winters. We’re also having extreme weather like heavy rainfall and heat waves more often. Most scientists agree that this is caused by human actions that emit greenhouse gases like carbon dioxide.
Cotton Prices Forecast: Though progressive cotton sowing in India has crossed last year’s 12-million-hectare mark till now this season, prices are still hovering around Rs 91,000 to Rs 96,000 per candy (356 kg per candy) and it is unlikely to subside till fresh cotton crop hits the market in October.
JPMorgan Says Commodities : With agricultural prices soaring, metal prices hitting the highest in years and oil well above $50 a barrel, JPMorgan Chase & Co. is calling it: Commodities appear to have begun a new supercycle of years-long gains.
India’s rabi acreage to go up by 6.6% to 572 lakh hectares (lh) this week over the corresponding week last year, according to rabi sowing data released by the Agriculture Ministry.
Muhurat trading pre-open market timings
The pre-opening session will be conducted from 6:00 pm to 6:08 pm on both stocks exchanges. On regular trading days, the pre-opening session opens for fifteen minutes starting 9:00 am.
Cottonseed oil cake prices increased by Rs 1.5 at Rs 2,215.5 per quintal in futures trade on Wednesday due to accumulation of positions amid upbeat trend at the spot market.