Saudi Aramco has lowered its crude oil prices for Asian buyers in May, various media reports said, quoting an official statement by the oil company. The official selling price of the benchmark Arab Light crude for May was trimmed by $2.3 to $1.20 per barrel above the average price of Oman and Dubai crude, the lowest in four months.Register to read
Global coffee prices in March declined 1.8% from a month ago to 347.85 cents a pound, as per the International Coffee Organization's composite indicator of prices. The composite indicator fluctuated between 336.32 and 364.20 cents a pound during the month, with a median value of 347.69 cents a pound, the organisation said in a report.Register to read
After hitting upper circuits on the National Commodity and Derivatives Exchange over the past few days, the upward movement in the prices of turmeric is likely to continue in anticipation of a fall in output and lower arrivals, market participants said. The prices had hit the upper circuits over the past few days due to firm domestic and export demand amid low arrivals. Register to read
Prices of tur are likely to remain under pressure due to weak demand from millers, as consumption of tur dal, or processed tur, drops in the summer, the India Pulses and Grains Association said in its weekly report Monday.Register to read