Commodity Market | खाने के तेल की बढ़ेगी Duty, फिर Crude में लगी आग, Gold की बढ़ी Demand? | MCX

Updated: November 17, 2024

CNBC Awaaz.


Summary

The video provides a comprehensive analysis of the proposal to increase duties on edible oils by the Agriculture Ministry, impacting prices and importers in India. It delves into the recent price trends of gold and silver, with insights on festival season impacts and international market dynamics. Additionally, the discussion covers the effects of duty changes on the oil industry, production trends, challenges faced in the industry, and market expectations related to metal prices and US rate cuts. Finally, it touches on growth analysis, market conditions, and expansion plans for jewelry sales in India.


Introduction to Increase in Duties on Edible Oils

Discussion about the proposal submitted by the Agriculture Ministry to increase duties on edible oils which may impact prices, with observations on recent price trends.

Current Trends in Crude Oil Prices

Analysis of the recent increase in crude oil prices and its impact, along with exclusive insights on gold and silver prices.

Discussion on Festive Season and Gold Prices

Insights on the upcoming festival season and its impact on gold prices, along with a conversation on recent trends in gold prices and market sentiments.

Market Analysis and Technical Levels

Detailed analysis of market technical levels, resistance and support levels, and forecasts for the dollar index.

Government's Proposal on Import Duties

Exploration of the proposal by the Agriculture Ministry to increase import duties on soybeans and its potential implications on farmers and consumers.

Upcoming Assembly Elections in Maharashtra

Discussion on the assembly elections in Maharashtra and the impact of political decisions on agricultural policies and pricing.

Impact of Production Trends on Domestic Industry

Analysis of production trends and their effects on the domestic industry, along with suggestions on balancing imports and supporting farmers and consumers.

Challenges in the Oil Industry

Analysis of challenges faced in the oil industry, including production fluctuations and implications for exports and biofuels.

Discussion on Duty Increase

The discussion revolves around the possibility of increasing duties by 5 to 10 percent, particularly focusing on crude palm oil and palmolin oil.

Impact of Duty Increase

The fear of the impact of increased duties on importers in India, especially regarding the import of oils like soybean oil.

Price Fluctuations in Soybean

Observations on the fluctuating prices of soybeans in the market, with a price drop to around 00 MSP.

Import Trends and Expectations

Analysis of import trends, expectations, and the impact of duty changes on the oil industry in India, with a focus on specific oils.

International Market Dynamics

Insights into international market dynamics, including the impact of export taxes on crude palm oil and market balancing strategies.

Trends in Metals

A look at the recent trends in the metal market, with notable increases in gold and silver prices and positive returns in copper, aluminum, and zinc.

Market Analysis and Expectations

Discussion on positive market trends and expectations related to US rate cuts, commodity prices, Chinese economy improvement, and metal market sustainability.

Copper Market Insights

Analysis of the copper market with price ranges and buying targets, along with gold and silver market observations.

Factors Affecting Gold Market

Factors affecting the gold market, including rate cut expectations, geopolitical tensions, and improved demands from Asian markets like China and India.

Impact of Duty Cuts on Jewelry Markets

Effect of duty cuts on jewelry markets, growth expectations, and consumer interests during festive seasons.

Q2 Growth Analysis

Discussion on Q2 growth analysis, market conditions, and consumer interests in the jewelry and gold manufacturing sectors.

Impact of Gold Price Rise on Manufacturing

Impact of gold price rise on manufacturing, job opportunities, and market stability.

Retail Store Expansion Plans

Expansion plans for retail stores, franchise models, and focus on growth areas like India for jewelry sales.

Regional Market Focus

Focus on regional markets in East and North India, opportunities in small towns and rural areas, and sales observations.

Future Store Planning

Discussion on future store planning, store count targets, and concentration on focus areas for sales growth.


FAQ

Q: What is the proposal submitted by the Agriculture Ministry regarding duties on edible oils and its potential impact?

A: The Agriculture Ministry has submitted a proposal to increase duties on edible oils, which may impact prices for consumers and farmers.

Q: What is nuclear fusion?

A: Nuclear fusion is the process by which two light atomic nuclei combine to form a single heavier one while releasing massive amounts of energy.

Q: What are the recent trends in gold and silver prices?

A: Recent trends in the metal market show notable increases in gold and silver prices, along with positive returns in copper, aluminum, and zinc.

Q: What are the expectations related to US rate cuts, commodity prices, and metal market sustainability?

A: Expectations include positive market trends and expectations related to US rate cuts, commodity prices, Chinese economy improvement, and metal market sustainability.

Q: What are the factors affecting the gold market?

A: Factors affecting the gold market include rate cut expectations, geopolitical tensions, and improved demands from Asian markets like China and India.

Q: What is the impact of gold price rise on manufacturing, job opportunities, and market stability?

A: The rise in gold prices impacts manufacturing, job opportunities, and market stability in the gold industry.

Q: What are the expansion plans for retail stores and growth areas in the jewelry industry?

A: Expansion plans include focusing on growth areas like India, regional markets in East and North India, opportunities in small towns and rural areas, and sales observations.

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