Softening Wheat Prices
Sectoral macroscope.
Sectoral macroscope.
Market macroscope: Steel rebar futures, Lithium prices, and Ethanol prices.
Macroscope sector
Sector macroscope: Copper, Cocoa, and Aluminium.
Ethanol futures dropped to $2.11 per gallon, marking the lowest level since February 2022, owing to production expansion, adjusted blending mandates, and increased stockpiles.
India's biggest iron ore producer NMDC, has hiked prices for the first time in the current fiscal (FY24).
Given a weak global macro outlook, reports indicate crude prices will stay sanguine in the $75-85 range for the year