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Home » News » Pick of BL commodities – April 20, 2025

Pick of BL commodities – April 20, 2025

Jessica BrownBy Jessica Brown Business
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1. The decision of the president of the United States, Donald Trump, to reduce financing for the Oceanic and Atmospheric National Administration (NOAA) can damage many countries, including India. Americans monitor half of the world, while other countries contribute to the rest. However, Trump’s decision to reduce labor in NOAA may not affect the monitoring capacities of the global climate and prognosis.

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2. Rate wars and economic turbulence will help national producers of Zinc. The user industry, including global steel and cars manufacturers, is increasingly looking for the metal of India.

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3. Gold imports tripled 52 tons in March, compared to 15 tons in February, despite a strong recovery in gold prices amid the growing world uncertainty.

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4. The acquisition of wheat of India, which was on April 1 with an advantage or 6 Lakh Tons (LT) due to an early start of the purchase in March, increased 92.3 percent to 83.58 lt axis or on April 16 against 43.46 LT a year ago. The Government hopes to buy wheat higher than the last four years after a reduced performance in the year 2021-22.

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5. The algae cultivation is gaining impulse on the fixed coast of India, offering economic prosperity to coastal communities and contributing to environmental conservation.

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Posted on April 20, 2025

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