Pick of BL commodities - March 29, 2026
Last week, China rejected three cargoes of Indian rice, alleging the presence of genetically modified organisms. Indian fertilizer importers are looking to include “floor and ceiling” price clauses in the deals to buy the key crop nutrients from abroad. Indian farmers’ woes are likely to increase as 50 per cent of half-empty major reservoirs could add to the problems of fertilizer supplies and price rise, besides the emergence of El Niño. This comes when some Indian wheat farmers face crop loss due to unseasonal rain. Indian chilli prices have surged on lower harvest and strong demand. And we give five reasons why gold prices may not glitter this year as in 2024 and 2025.
Last week, China rejected three cargoes of Indian rice, alleging the presence of genetically modified organisms. Indian fertilizer importers are looking to include “floor and ceiling” price clauses in the deals to buy the key crop nutrients from abroad. Indian farmers’ woes are likely to increase as 50 per cent of half-empty major reservoirs could add to the problems of fertilizer supplies and price rise, besides the emergence of El Niño. This comes when some Indian wheat farmers face crop loss due to unseasonal rain. Indian chilli prices have surged on lower harvest and strong demand. And we give five reasons why gold prices may not glitter this year as in 2024 and 2025.
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