Datasets:

prakharrishi11j

/

newsCategorization

like 0

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Indian sugar mills export entire quota of 6.1 million tonnesIndian mills have shipped out the entire 6.1 million tonnes of sugar allowed for exports, industry officials told Reuters, cashing in on multi-year high prices in the world market and robust demand. The world's second-biggest producer of the sweetener is, however, unlikely to allow additional exports in the current marketing year ending on Sept. 30, due to a likely drop in production. This could lift global prices and allow top producer Brazil to sell more sugar on the world market. 'The mills have shipped the entire allocated quantity, and nothing has left since global prices became attractive,' Prakash Naiknavare, managing director of the National Federation of Cooperative Sugar Factories Ltd, told Reuters. Mills were getting more than 50,000 rupees ($604.6) per tonne from the overseas sale against the local price of 36,500 rupees, dealers said. A rumour earlier this month that India could ban exports prompted mills to accelerate the remaining shipments, he said. The country exported a record 11 million tonnes of sugar in the previous 2021-2022 season, but New Delhi allowed exports of only 6.1 million tonnes in the current year due to an expected drop in production. Production is likely to fall to 32.8 million tonnes in the current year, from a record 35.8 million tonnes in the previous season. The drop in the production has closed the window of additional exports, which mills were seeking earlier, said a senior industry official, who declined to be named. 'We are now not demanding the government to allow more exports in the current season. We know it's not possible,' he said. India mainly exports sugar to Indonesia, Bangladesh, Malaysia, Sudan, Somalia and the United Arab Emirates. Asian and African buyers have shifted to Brazil from India as the south American country has ample surplus for exports, said a Mumbai-based dealer with a global trade house. ### Response: NO

NO

Indian sugar mills export entire quota of 6.1 million tonnesIndian mills have shipped out the entire 6.1 million tonnes of sugar allowed for exports, industry officials told Reuters, cashing in on multi-year high prices in the world market and robust demand. The world's second-biggest producer of the sweetener is, however, unlikely to allow additional exports in the current marketing year ending on Sept. 30, due to a likely drop in production. This could lift global prices and allow top producer Brazil to sell more sugar on the world market. 'The mills have shipped the entire allocated quantity, and nothing has left since global prices became attractive,' Prakash Naiknavare, managing director of the National Federation of Cooperative Sugar Factories Ltd, told Reuters. Mills were getting more than 50,000 rupees ($604.6) per tonne from the overseas sale against the local price of 36,500 rupees, dealers said. A rumour earlier this month that India could ban exports prompted mills to accelerate the remaining shipments, he said. The country exported a record 11 million tonnes of sugar in the previous 2021-2022 season, but New Delhi allowed exports of only 6.1 million tonnes in the current year due to an expected drop in production. Production is likely to fall to 32.8 million tonnes in the current year, from a record 35.8 million tonnes in the previous season. The drop in the production has closed the window of additional exports, which mills were seeking earlier, said a senior industry official, who declined to be named. 'We are now not demanding the government to allow more exports in the current season. We know it's not possible,' he said. India mainly exports sugar to Indonesia, Bangladesh, Malaysia, Sudan, Somalia and the United Arab Emirates. Asian and African buyers have shifted to Brazil from India as the south American country has ample surplus for exports, said a Mumbai-based dealer with a global trade house.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Commercial LPG Cylinders Price Reduced, Check Latest Rates HereThe leading state run oil marketing companies have revised commercial LPG prices and decided to leave the domestic cooking gas prices unchanged. After the revision, the price of 19 kg commercial LPG cylinder has come down by 83.50. Now residents living in Delhi will need to shell out Rs 1773 to buy a 19 kg commercial LPG cylinder. ### Response: YES

YES

Commercial LPG Cylinders Price Reduced, Check Latest Rates HereThe leading state run oil marketing companies have revised commercial LPG prices and decided to leave the domestic cooking gas prices unchanged. After the revision, the price of 19 kg commercial LPG cylinder has come down by 83.50. Now residents living in Delhi will need to shell out Rs 1773 to buy a 19 kg commercial LPG cylinder.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: QatarEnergy to sign long-term LNG supply deal with BangladeshDUBAI/DHAKA: QatarEnergy will sign a long-term liquefied natural gas (LNG) supply deal with Bangladesh's state-owned gas company Petrobangla on Thursday, the second Asian sales deal to be sealed for Qatar's North Field expansion project. The 15-year agreement is for the supply of 2 million tonnes annually, Petrobangla's Chairman Zanendra Nath Sarker told Reuters. Supplies are set to start in January 2026, he said. The agreement will be one of many to come this year as state-owned QatarEnergy secures sales for its mega expansion of North Field, a source with direct knowledge of the new contract agreement, who did not wish to be identified, said. Advt Qatar is the world's top LNG exporter and competition for LNG has ramped up since the start of the Ukraine war, with Europe in particular needing vast amounts to help replace Russian pipeline gas that used to make up almost 40 per cent of the continent's imports. But Asia, with an appetite for long-term sales and purchase agreements, has been ahead so far in securing gas from Qatar's massive production expansion project. This will be Bangladesh's second long-term deal with Qatar as it desperately looks for long-term LNG deals at a cheaper rate after prices spiked following the Ukraine war last year. The contract will be QatarEnergy's second to Asia since it started selling the gas expected to come on stream from the North Field expansion project. The two-phase expansion plan will raise Qatar's liquefaction capacity to 126 million tonnes per year by 2027 from 77 million. Qatar's first Asian deal, with Sinopec, the longest to be signed at 27 years for the supply of 4 million tonnes a year, was followed by the state-owned Chinese company taking a 5 per cent stake in the equivalent of one North Field East LNG train. QatarEnergy's sales and purchase agreements to supply Germany with around 2 million tonnes of LNG annually through a partnership with ConocoPhillips cover at least a 15-year period. Advt Sarker would not comment on the price of Bangladesh's new deal, saying it was confidential. Bangladesh has a 10-year LNG import deal with Oman Trading International. That LNG is priced at 11.9 per cent of the three-month average price of Brent crude oil plus a constant price of 40 cents per million British thermal units (mmBtu). Under its first 15-year deal with Qatar, Bangladesh pays 12.65 per cent of the three-month average price of Brent oil plus a constant of 50 cents per mmBtu. The North Field expansion project will help guarantee long-term supplies of gas globally. North Field is part of the world's biggest gas field that Qatar shares with Iran, which calls its share South Pars. QatarEnergy chief Saad al-Kaabi said last week there was big demand for LNG and that he expects by the end of the year to have signed supply deals for all the gas expected to come on stream from the North Field expansion. Reuters Published On May 31, 2023 at 10:21 AM IST Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Enter Email Download ETEnergyworld App Get Realtime updates Save your favourite articles Scan to download App Telegram Facebook Copy Link Be the first one to comment. Comment Now COMMENTS Comment Now Read Comment (1) All Comments Post Post lng zanendra nath sarker sinopec oman trading international conocophillips south pars europe bangladesh s qatar saad al-kaabi Home News Oil & Gas QatarEnergy to sign long-term LNG supply deal with Bangladesh ### Response: YES

YES

QatarEnergy to sign long-term LNG supply deal with BangladeshDUBAI/DHAKA: QatarEnergy will sign a long-term liquefied natural gas (LNG) supply deal with Bangladesh's state-owned gas company Petrobangla on Thursday, the second Asian sales deal to be sealed for Qatar's North Field expansion project. The 15-year agreement is for the supply of 2 million tonnes annually, Petrobangla's Chairman Zanendra Nath Sarker told Reuters. Supplies are set to start in January 2026, he said. The agreement will be one of many to come this year as state-owned QatarEnergy secures sales for its mega expansion of North Field, a source with direct knowledge of the new contract agreement, who did not wish to be identified, said. Advt Qatar is the world's top LNG exporter and competition for LNG has ramped up since the start of the Ukraine war, with Europe in particular needing vast amounts to help replace Russian pipeline gas that used to make up almost 40 per cent of the continent's imports. But Asia, with an appetite for long-term sales and purchase agreements, has been ahead so far in securing gas from Qatar's massive production expansion project. This will be Bangladesh's second long-term deal with Qatar as it desperately looks for long-term LNG deals at a cheaper rate after prices spiked following the Ukraine war last year. The contract will be QatarEnergy's second to Asia since it started selling the gas expected to come on stream from the North Field expansion project. The two-phase expansion plan will raise Qatar's liquefaction capacity to 126 million tonnes per year by 2027 from 77 million. Qatar's first Asian deal, with Sinopec, the longest to be signed at 27 years for the supply of 4 million tonnes a year, was followed by the state-owned Chinese company taking a 5 per cent stake in the equivalent of one North Field East LNG train. QatarEnergy's sales and purchase agreements to supply Germany with around 2 million tonnes of LNG annually through a partnership with ConocoPhillips cover at least a 15-year period. Advt Sarker would not comment on the price of Bangladesh's new deal, saying it was confidential. Bangladesh has a 10-year LNG import deal with Oman Trading International. That LNG is priced at 11.9 per cent of the three-month average price of Brent crude oil plus a constant price of 40 cents per million British thermal units (mmBtu). Under its first 15-year deal with Qatar, Bangladesh pays 12.65 per cent of the three-month average price of Brent oil plus a constant of 50 cents per mmBtu. The North Field expansion project will help guarantee long-term supplies of gas globally. North Field is part of the world's biggest gas field that Qatar shares with Iran, which calls its share South Pars. QatarEnergy chief Saad al-Kaabi said last week there was big demand for LNG and that he expects by the end of the year to have signed supply deals for all the gas expected to come on stream from the North Field expansion. Reuters Published On May 31, 2023 at 10:21 AM IST Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Enter Email Download ETEnergyworld App Get Realtime updates Save your favourite articles Scan to download App Telegram Facebook Copy Link Be the first one to comment. Comment Now COMMENTS Comment Now Read Comment (1) All Comments Post Post lng zanendra nath sarker sinopec oman trading international conocophillips south pars europe bangladesh s qatar saad al-kaabi Home News Oil & Gas QatarEnergy to sign long-term LNG supply deal with Bangladesh

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Oil falls after large surprise build in US crude stocksNew Delhi: Oil prices dipped in early trade on Thursday for the third straight session after data showed an unexpected, large build in U.S. crude stocks last week, triggering fears of an oversupply amid signs of weaker Chinese demand, too. Brent crude futures for August delivery fell 40 cents, or 0.6 per cent to $72.20 a barrel by 0023 GMT, while U.S. West Texas Intermediate crude (WTI) eased 39 cents, or 0.6 per cent, to $67.70 a barrel. Both benchmarks had settled down more than $1 on Wednesday after steep declines the day before. U.S. crude oil inventories rose by about 5.2 million barrels last week, according to market sources citing American Petroleum Institute figures on Wednesday. That compared with estimates in a Reuters poll for a drawdown of 1.4 million barrels. Advt In a further bearish sign, gasoline inventories also posted a surprise build of about 1.9 million barrels in the week ended May 26, according to the data, compared with estimates for a draw of about 500,000 barrels. Market participants now await government data on U.S. crude stocks due later on Thursday. The data was delayed by a day because of a U.S. holiday earlier this week. Meanwhile, Chinese data showed manufacturing activity contracted faster than expected in May, worrying markets about demand in the world's second-largest oil consumer. Investors were also watching the upcoming June 4 meeting of OPEC+, the Organization of the Petroleum Exporting Countries and allies including Russia, after mixed signals so far on whether further cuts are likely. Analysts at HSBC and Goldman Sachs have said they do not expect OPEC+ to announce further cuts at this meeting. Unexpectedly strong labor market data on Wednesday also rattled investors who fear the Federal Reserve might hike interest rates again in June, potentially cutting fuel demand in the U.S., the world's biggest oil consumer. A bill to suspend the U.S. government's $31.4 trillion debt ceiling and avert a disastrous default cleared a key procedural hurdle in the House of Representatives on Wednesday, setting the stage for an vote on the bipartisan debt deal itself. Reuters Published On Jun 1, 2023 at 08:18 AM IST Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Enter Email Download ETEnergyworld App Get Realtime updates Save your favourite articles Scan to download App Telegram Facebook Copy Link Be the first one to comment. Comment Now COMMENTS Comment Now Read Comment (1) All Comments Post Post hsbc house of representatives american petroleum institute oil oil price today opec+ Home News Oil & Gas Oil falls after large surprise build in US crude stocks ### Response: YES

YES

Oil falls after large surprise build in US crude stocksNew Delhi: Oil prices dipped in early trade on Thursday for the third straight session after data showed an unexpected, large build in U.S. crude stocks last week, triggering fears of an oversupply amid signs of weaker Chinese demand, too. Brent crude futures for August delivery fell 40 cents, or 0.6 per cent to $72.20 a barrel by 0023 GMT, while U.S. West Texas Intermediate crude (WTI) eased 39 cents, or 0.6 per cent, to $67.70 a barrel. Both benchmarks had settled down more than $1 on Wednesday after steep declines the day before. U.S. crude oil inventories rose by about 5.2 million barrels last week, according to market sources citing American Petroleum Institute figures on Wednesday. That compared with estimates in a Reuters poll for a drawdown of 1.4 million barrels. Advt In a further bearish sign, gasoline inventories also posted a surprise build of about 1.9 million barrels in the week ended May 26, according to the data, compared with estimates for a draw of about 500,000 barrels. Market participants now await government data on U.S. crude stocks due later on Thursday. The data was delayed by a day because of a U.S. holiday earlier this week. Meanwhile, Chinese data showed manufacturing activity contracted faster than expected in May, worrying markets about demand in the world's second-largest oil consumer. Investors were also watching the upcoming June 4 meeting of OPEC+, the Organization of the Petroleum Exporting Countries and allies including Russia, after mixed signals so far on whether further cuts are likely. Analysts at HSBC and Goldman Sachs have said they do not expect OPEC+ to announce further cuts at this meeting. Unexpectedly strong labor market data on Wednesday also rattled investors who fear the Federal Reserve might hike interest rates again in June, potentially cutting fuel demand in the U.S., the world's biggest oil consumer. A bill to suspend the U.S. government's $31.4 trillion debt ceiling and avert a disastrous default cleared a key procedural hurdle in the House of Representatives on Wednesday, setting the stage for an vote on the bipartisan debt deal itself. Reuters Published On Jun 1, 2023 at 08:18 AM IST Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Enter Email Download ETEnergyworld App Get Realtime updates Save your favourite articles Scan to download App Telegram Facebook Copy Link Be the first one to comment. Comment Now COMMENTS Comment Now Read Comment (1) All Comments Post Post hsbc house of representatives american petroleum institute oil oil price today opec+ Home News Oil & Gas Oil falls after large surprise build in US crude stocks

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Govt to sell up to 3 per cent in Coal India via OFSCoalMumbai: The government will sell up to 3 per cent of its stake in Coal India to raise about ₹4,200 crore through a two-day offer-for-sale (OFS) from Thursday. The government has proposed to sell up to 9.24 crore shares representing 1.50 per cent of the total paid-up equity as a base offer with an option to additionally sell 9.24 shares or 1.5 per cent of the company equity in the event of oversubscription. The OFS will open for subscription for non-retail investors on Thursday, while retail investors can subscribe on Friday. The floor price for the offer has been fixed as ₹225, a 6.7 per cent discount to Wednesday's closing price of ₹241.20. About 10 per cent of the offer will be reserved for retail investors. Advt Non-institutional investors who place bids can flag their willingness to carry forward their un-allotted bids to Friday for allocation to them in case the retail category stays unsubscribed. Shares of Coal India have rallied 25 per cent in the last one year and 63 per cent in the past two years, compared to Nifty's gain of 12 per cent and 19 per cent during these periods. The Union Budget for 2023-24 has set a disinvestment target at ₹51,000 crore for FY24, lower than the previous financial year. Earlier, the estimates for FY23 were revised to ₹50,000 crore from the earlier target of ₹65,000 crore. This is the first big-ticket sale from the government so far in FY24 against the disinvestment target of ₹51,000 crore. The government currently holds a 66.13 per cent stake in Coal India. ET Bureau Published On Jun 1, 2023 at 07:32 AM IST Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Enter Email Download ETEnergyworld App Get Realtime updates Save your favourite articles Scan to download App Telegram Facebook Copy Link Be the first one to comment. Comment Now COMMENTS Comment Now Read Comment (1) All Comments Post Post Coal India coal india OFS equity oversubscription investors Home News Coal Govt to sell up to 3 per cent in Coal India via OFS ### Response: NO

NO

Govt to sell up to 3 per cent in Coal India via OFSCoalMumbai: The government will sell up to 3 per cent of its stake in Coal India to raise about ₹4,200 crore through a two-day offer-for-sale (OFS) from Thursday. The government has proposed to sell up to 9.24 crore shares representing 1.50 per cent of the total paid-up equity as a base offer with an option to additionally sell 9.24 shares or 1.5 per cent of the company equity in the event of oversubscription. The OFS will open for subscription for non-retail investors on Thursday, while retail investors can subscribe on Friday. The floor price for the offer has been fixed as ₹225, a 6.7 per cent discount to Wednesday's closing price of ₹241.20. About 10 per cent of the offer will be reserved for retail investors. Advt Non-institutional investors who place bids can flag their willingness to carry forward their un-allotted bids to Friday for allocation to them in case the retail category stays unsubscribed. Shares of Coal India have rallied 25 per cent in the last one year and 63 per cent in the past two years, compared to Nifty's gain of 12 per cent and 19 per cent during these periods. The Union Budget for 2023-24 has set a disinvestment target at ₹51,000 crore for FY24, lower than the previous financial year. Earlier, the estimates for FY23 were revised to ₹50,000 crore from the earlier target of ₹65,000 crore. This is the first big-ticket sale from the government so far in FY24 against the disinvestment target of ₹51,000 crore. The government currently holds a 66.13 per cent stake in Coal India. ET Bureau Published On Jun 1, 2023 at 07:32 AM IST Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Enter Email Download ETEnergyworld App Get Realtime updates Save your favourite articles Scan to download App Telegram Facebook Copy Link Be the first one to comment. Comment Now COMMENTS Comment Now Read Comment (1) All Comments Post Post Coal India coal india OFS equity oversubscription investors Home News Coal Govt to sell up to 3 per cent in Coal India via OFS

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Commercial LPG cylinder prices slashed by Rs 83, no change in domestic LPG pricesIndian Oil has slashed the prices of commercial LPG cylinders by about Rs 83. Announcing the news on its website, the oil marketing company said that the new prices will be applicable from June 1. After this latest deduction, the 19 kg commercial LPG cylinder will retail at Rs 1773 in Delhi compared to Rs 1856.50 earlier. Similarly, the commercial cylinder will cost Rs 1,875.50 in Kolkata (Rs 1960.50 earlier), Rs 1,725 in Mumbai (Rs 1808.50 earlier), and Rs 1937 in Chennai (Rs 2021.50 earlier). Credit: Indian Oil However, there has been no change in domestic LPG cylinder prices. Domestic LPG rates were last changed on March 1, when they were hiked by Rs 50 per cylinder. Similarly, there is no change in petrol and diesel prices, which remain frozen for the 14th month in a row. Petrol costs Rs 96.72 per litre in the national capital and diesel comes for Rs 89.62. IOC, BPCL, and HPCL had frozen retail prices when international oil prices climbed in the aftermath of Russia's invasion of Ukraine last year. While international oil prices have declined, retail prices continue to be on hold for a record 14th month in a row as they recoup the losses suffered last year. Prices of crude oil, which is turned into fuels like petrol and diesel at refineries, shot above USD 100 per barrel on concerns of supply disruptions in the aftermath of Russia's invasion of Ukraine in February last year. While there was no supply disruption, rates continued to remain firm for months thereafter. To insulate domestic consumers, they stopped daily price revisions from April 6, 2022. As a result of selling fuel below cost, IOC, BPCL and HPCL posted a combined net loss of Rs 21,201.18 crore during April-September. ### Response: NO

NO

Commercial LPG cylinder prices slashed by Rs 83, no change in domestic LPG pricesIndian Oil has slashed the prices of commercial LPG cylinders by about Rs 83. Announcing the news on its website, the oil marketing company said that the new prices will be applicable from June 1. After this latest deduction, the 19 kg commercial LPG cylinder will retail at Rs 1773 in Delhi compared to Rs 1856.50 earlier. Similarly, the commercial cylinder will cost Rs 1,875.50 in Kolkata (Rs 1960.50 earlier), Rs 1,725 in Mumbai (Rs 1808.50 earlier), and Rs 1937 in Chennai (Rs 2021.50 earlier). Credit: Indian Oil However, there has been no change in domestic LPG cylinder prices. Domestic LPG rates were last changed on March 1, when they were hiked by Rs 50 per cylinder. Similarly, there is no change in petrol and diesel prices, which remain frozen for the 14th month in a row. Petrol costs Rs 96.72 per litre in the national capital and diesel comes for Rs 89.62. IOC, BPCL, and HPCL had frozen retail prices when international oil prices climbed in the aftermath of Russia's invasion of Ukraine last year. While international oil prices have declined, retail prices continue to be on hold for a record 14th month in a row as they recoup the losses suffered last year. Prices of crude oil, which is turned into fuels like petrol and diesel at refineries, shot above USD 100 per barrel on concerns of supply disruptions in the aftermath of Russia's invasion of Ukraine in February last year. While there was no supply disruption, rates continued to remain firm for months thereafter. To insulate domestic consumers, they stopped daily price revisions from April 6, 2022. As a result of selling fuel below cost, IOC, BPCL and HPCL posted a combined net loss of Rs 21,201.18 crore during April-September.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Assam government has decided to procure for the first time mustard seedsThe government has approved to procure 45,793 MT mustard seeds under PSS for Rabi Season 2023 at an MSP of 75450 per quintal against the Market rate of Rs 4500-4800 per quintal This procurement will be done through two centers, Raha (Nagaon) and Amingaon (Kamrup Rural) and nine other centres have been advertised and more such centres will be operationalised in a phased manner This procurement will be done through Assam State Agricultural Board and Assam Food and Civil Supplies Corporation as the State Level Agencies and NAFED as the Central Agency. Assam chief minister Himanta Biswa Sarma said that procurement period will be between May 29, 2023 to August 26, 2023. “Individual farmers can sell up to 25 quintals of their Fair Average Quality produce per day having moisture content less than 8% and foreign matter less than 2%. Additional quantity can be sold on consecutive days. Beneficiary farmers to receive MSP within 3 working days of sale of stock directly in their bank accounts.” He added that agriculture development officials to assist in issuing necessary farmer certificates. Individual farmers are encouraged to register themselves through e- Samriddhi portal. This exercise will generate additional income of approximately 250 crores for the farmers and will give a significant boost to the state's economy.” ### Response: YES

YES

Assam government has decided to procure for the first time mustard seedsThe government has approved to procure 45,793 MT mustard seeds under PSS for Rabi Season 2023 at an MSP of 75450 per quintal against the Market rate of Rs 4500-4800 per quintal This procurement will be done through two centers, Raha (Nagaon) and Amingaon (Kamrup Rural) and nine other centres have been advertised and more such centres will be operationalised in a phased manner This procurement will be done through Assam State Agricultural Board and Assam Food and Civil Supplies Corporation as the State Level Agencies and NAFED as the Central Agency. Assam chief minister Himanta Biswa Sarma said that procurement period will be between May 29, 2023 to August 26, 2023. “Individual farmers can sell up to 25 quintals of their Fair Average Quality produce per day having moisture content less than 8% and foreign matter less than 2%. Additional quantity can be sold on consecutive days. Beneficiary farmers to receive MSP within 3 working days of sale of stock directly in their bank accounts.” He added that agriculture development officials to assist in issuing necessary farmer certificates. Individual farmers are encouraged to register themselves through e- Samriddhi portal. This exercise will generate additional income of approximately 250 crores for the farmers and will give a significant boost to the state's economy.”

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Agricultural products trade via e-NAM surges 41% in FY23Agricultural products trade through the electronic-National Agriculture Market (e-NAM) surged 41% to 18.6 million tonnes in 2022-23 from 13.2 million tonnes in the previous financial year. 'Several innovative products have started trading through these mandis,' said a senior official, who did not wish to be identified, adding that several products such as silk cocoons, saffron and bamboo are being sold on the platform. In terms of value, agricultural products trade through the e-NAM platform increased 32% to ₹74,656 crore from ₹56,497 crore in 2021-22. The trade between interstate mandis increased 36% to 2,36,140 metric tonnes in 2022-23 from 1,74,268 metric tonnes in the previous year. It was worth ₹2.41 crore, up 117% from last year's ₹1.11 crore. As on November 30, 2022, 1,260 mandis of 22 states and three Union Territories (UTs) have been integrated with the e-NAM platform. The government has been working on more interstate mandis with the e-NAM to promote trade between mandis located across the country. The states are Andhra Pradesh, Bihar, Chhattisgarh, Goa, Gujarat, Haryana, Himachal Pradesh, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Nagaland, Odisha, Punjab, Rajasthan, Tamil Nadu, Telangana, Tripura, Uttar Pradesh, Uttarakhand and West Bengal, and the UTs using the facility are Chandigarh, Jammu & Kashmir and Puducherry. The e-NAM, launched in April 2016, is being implemented by the Small Farmers Agribusiness Consortium, a central government agency, with the support of state governments. ### Response: YES

YES

Agricultural products trade via e-NAM surges 41% in FY23Agricultural products trade through the electronic-National Agriculture Market (e-NAM) surged 41% to 18.6 million tonnes in 2022-23 from 13.2 million tonnes in the previous financial year. 'Several innovative products have started trading through these mandis,' said a senior official, who did not wish to be identified, adding that several products such as silk cocoons, saffron and bamboo are being sold on the platform. In terms of value, agricultural products trade through the e-NAM platform increased 32% to ₹74,656 crore from ₹56,497 crore in 2021-22. The trade between interstate mandis increased 36% to 2,36,140 metric tonnes in 2022-23 from 1,74,268 metric tonnes in the previous year. It was worth ₹2.41 crore, up 117% from last year's ₹1.11 crore. As on November 30, 2022, 1,260 mandis of 22 states and three Union Territories (UTs) have been integrated with the e-NAM platform. The government has been working on more interstate mandis with the e-NAM to promote trade between mandis located across the country. The states are Andhra Pradesh, Bihar, Chhattisgarh, Goa, Gujarat, Haryana, Himachal Pradesh, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Nagaland, Odisha, Punjab, Rajasthan, Tamil Nadu, Telangana, Tripura, Uttar Pradesh, Uttarakhand and West Bengal, and the UTs using the facility are Chandigarh, Jammu & Kashmir and Puducherry. The e-NAM, launched in April 2016, is being implemented by the Small Farmers Agribusiness Consortium, a central government agency, with the support of state governments.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: LPG cylinder prices today: 19-kg cylinder prices slashed by Rs 83.5; costs Rs 1,773 in Delhi LPG cylinder prices in June, 2023: State-backed oil marketing companies (OMCs) have slashed the prices of 19-kg cooking gas cylinders by Rs 83.5. The revised prices will come into effect from June 1, 2023.  With this, a 19-kg LPG cylinder will cost Rs 1,773 in Delhi; Rs 1,725 in Mumbai; Rs 1,875.50 in Kolkata; and Rs 1,937 in Chennai. The same used to cost Rs 1,856 in Delhi; Rs 1,808 in Mumbai; Rs 1,960.50 in Kolkata; and Rs 2,021.50 in Chennai in May. LPG cylinder prices on June 1, 2023 (Thursday) Meanwhile, aviation turbine fuel (ATF) prices have also been revised from today. Jet fuel for domestic airlines now costs Rs 89,303.09/kl in Delhi; Rs 83,413.96/kl in Mumbai; Rs 95,963.95/kl in Kolkata; and Rs 93,041.33/kl in Chennai.  School admission: Minimum age for Class 1 to be 6 years, Govt tells states, UTsBeginner's guide to Formula 1, see F1 2023 season teams, drivers and moreNow become an IITian without JEE! IIT Madras launches a new course; know fee, seats, admission processOnly 17 out of 80 unicorns in India are profitable; 6 start-ups listed so farNothing Phone (2) will be the new iPhone challenger: Carl Pei reveals launch timeline, battery detailsJPMorgan Chase to cut 500 jobs this week across multiple departments: Report'We re-engineered ourselves': Behind Raymond's remarkable turnaround under Gautam Singhania'Is India really manufacturing mobile phones?': Former RBI Governor Raghuram Rajan on PLI schemeMoreover, ATF costs $816.64/kl in Delhi; $814.96/kl in Mumbai; $855.12/kl in Kolkata; and $812.15/kl in Chennai after the latest revision in prices for domestic airlines in international run.  ATF prices in metro cities on June 1, 2023 (Thursday) There, however, have been no revisions to the prices of 14-kg LPG cylinders. 14-kg LPG cylinder prices were last revised on March 1, 2023. A 14-kg LPG cylinder costs Rs 1,103 in Delhi; Rs 1,102.50 in Mumbai; Rs 1,129 in Kolkata; and Rs 1,118.50 in Chennai at present.  Oil marketing companies revise LPG cylinder and ATF rates on the basis of international oil prices. LPG cylinder rates also vary from state to state depending on local taxes.  Also read: India's GDP grows 6.1% in Q4; expands 7.2% in FY23: Govt dataAlso watch: Top stories on 1st June: GST May collection, PMI nos., Petrol Price, Gold Price, New Parliament Building to open for public viewing, Operation Blue Star anniversary & moreAlso read: Adani Group to raise $3.5 bn through share sale in 3 firms: Report ### Response: NO

NO

LPG cylinder prices today: 19-kg cylinder prices slashed by Rs 83.5; costs Rs 1,773 in Delhi LPG cylinder prices in June, 2023: State-backed oil marketing companies (OMCs) have slashed the prices of 19-kg cooking gas cylinders by Rs 83.5. The revised prices will come into effect from June 1, 2023.  With this, a 19-kg LPG cylinder will cost Rs 1,773 in Delhi; Rs 1,725 in Mumbai; Rs 1,875.50 in Kolkata; and Rs 1,937 in Chennai. The same used to cost Rs 1,856 in Delhi; Rs 1,808 in Mumbai; Rs 1,960.50 in Kolkata; and Rs 2,021.50 in Chennai in May. LPG cylinder prices on June 1, 2023 (Thursday) Meanwhile, aviation turbine fuel (ATF) prices have also been revised from today. Jet fuel for domestic airlines now costs Rs 89,303.09/kl in Delhi; Rs 83,413.96/kl in Mumbai; Rs 95,963.95/kl in Kolkata; and Rs 93,041.33/kl in Chennai.  School admission: Minimum age for Class 1 to be 6 years, Govt tells states, UTsBeginner's guide to Formula 1, see F1 2023 season teams, drivers and moreNow become an IITian without JEE! IIT Madras launches a new course; know fee, seats, admission processOnly 17 out of 80 unicorns in India are profitable; 6 start-ups listed so farNothing Phone (2) will be the new iPhone challenger: Carl Pei reveals launch timeline, battery detailsJPMorgan Chase to cut 500 jobs this week across multiple departments: Report'We re-engineered ourselves': Behind Raymond's remarkable turnaround under Gautam Singhania'Is India really manufacturing mobile phones?': Former RBI Governor Raghuram Rajan on PLI schemeMoreover, ATF costs $816.64/kl in Delhi; $814.96/kl in Mumbai; $855.12/kl in Kolkata; and $812.15/kl in Chennai after the latest revision in prices for domestic airlines in international run.  ATF prices in metro cities on June 1, 2023 (Thursday) There, however, have been no revisions to the prices of 14-kg LPG cylinders. 14-kg LPG cylinder prices were last revised on March 1, 2023. A 14-kg LPG cylinder costs Rs 1,103 in Delhi; Rs 1,102.50 in Mumbai; Rs 1,129 in Kolkata; and Rs 1,118.50 in Chennai at present.  Oil marketing companies revise LPG cylinder and ATF rates on the basis of international oil prices. LPG cylinder rates also vary from state to state depending on local taxes.  Also read: India's GDP grows 6.1% in Q4; expands 7.2% in FY23: Govt dataAlso watch: Top stories on 1st June: GST May collection, PMI nos., Petrol Price, Gold Price, New Parliament Building to open for public viewing, Operation Blue Star anniversary & moreAlso read: Adani Group to raise $3.5 bn through share sale in 3 firms: Report

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Dollar and Gold Gained, Oil and Dow Jones Industrial Average FellSHANGHAI, Jun 1 (SMM) – The US dollar closed at 104.19 and rose 0.17; crude oil fell 1.97 and stood at 67.57; gold rose 3.33 and stood at 1,962.42; the Dow Jones Industrial Average dropped 134.51 and stood at 32,908.27. ### Response: YES

YES

Dollar and Gold Gained, Oil and Dow Jones Industrial Average FellSHANGHAI, Jun 1 (SMM) – The US dollar closed at 104.19 and rose 0.17; crude oil fell 1.97 and stood at 67.57; gold rose 3.33 and stood at 1,962.42; the Dow Jones Industrial Average dropped 134.51 and stood at 32,908.27.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Copper Prices Hovered Widely On Fed Dovish ToneLME copper closed at $8,110/mt in overnight trading, a drop of 0.06%. Trading volume was 15,000 lots and open interest stood at 257,000 lots. The most active SHFE 2307 copper contract finished at 64,850 yuan/mt overnight, down 0.06%. Trading volume was 41,000 lots and open interest stood at 193,000 lots. ### Response: NO

NO

Copper Prices Hovered Widely On Fed Dovish ToneLME copper closed at $8,110/mt in overnight trading, a drop of 0.06%. Trading volume was 15,000 lots and open interest stood at 257,000 lots. The most active SHFE 2307 copper contract finished at 64,850 yuan/mt overnight, down 0.06%. Trading volume was 41,000 lots and open interest stood at 193,000 lots.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: One Of The Top Chinese Aluminium Smelters Cuts June Prebaked Anode Benchmark PriceSHANGHAI, Jun 1 (SMM) –A major aluminium smelter in Shandong lowered its benchmark purchase prices of prebaked anode for delivery in June by 300 yuan/mt from May to 4,225 yuan/mt in cash and 4,260 yuan/mt by acceptance. ### Response: YES

YES

One Of The Top Chinese Aluminium Smelters Cuts June Prebaked Anode Benchmark PriceSHANGHAI, Jun 1 (SMM) –A major aluminium smelter in Shandong lowered its benchmark purchase prices of prebaked anode for delivery in June by 300 yuan/mt from May to 4,225 yuan/mt in cash and 4,260 yuan/mt by acceptance.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: India: Silico manganese prices fall to 6-mth lowSilico manganese prices in the domestic market dropped marginally by 1% w-o-w this week. As per the latest assessment, offers stood at around INR 72,300/t exw-Raipur and INR 72,700 t exw-Vizag. ### Response: YES

YES

India: Silico manganese prices fall to 6-mth lowSilico manganese prices in the domestic market dropped marginally by 1% w-o-w this week. As per the latest assessment, offers stood at around INR 72,300/t exw-Raipur and INR 72,700 t exw-Vizag.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Surging temperatures in South, East China may quicken coal burnsTemperatures in the southern and eastern regions of China have been rapidly rising since late May, leading to expectations of increased coal burns at power utilities and providing some support for thermal coal prices. ### Response: YES

YES

Surging temperatures in South, East China may quicken coal burnsTemperatures in the southern and eastern regions of China have been rapidly rising since late May, leading to expectations of increased coal burns at power utilities and providing some support for thermal coal prices.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: US HRC imports down 12.8 percent in AprilAccording to preliminary census data from the US Department of Commerce, US imports of hot rolled sheet totaled 130,679 mt in April 2023, down 12.8 percent from March and down 27.8 percent from April 2022 levels. By value, HRC imports totaled $124.2 million in April 2023, compared to $124.9 million in March and $208.2 million in April 2022. The US imported the most HRC from Canada in April, with 96,747 mt, compared to 99,929 mt in March and 110,347 mt in April 2022. Other top sources of imported HRC in April include Mexico, with 7,964 mt; Netherlands, with 7,935 mt; South Korea, with 5,698 mt; and Belgium, with 3,021 mt. ### Response: NO

NO

US HRC imports down 12.8 percent in AprilAccording to preliminary census data from the US Department of Commerce, US imports of hot rolled sheet totaled 130,679 mt in April 2023, down 12.8 percent from March and down 27.8 percent from April 2022 levels. By value, HRC imports totaled $124.2 million in April 2023, compared to $124.9 million in March and $208.2 million in April 2022. The US imported the most HRC from Canada in April, with 96,747 mt, compared to 99,929 mt in March and 110,347 mt in April 2022. Other top sources of imported HRC in April include Mexico, with 7,964 mt; Netherlands, with 7,935 mt; South Korea, with 5,698 mt; and Belgium, with 3,021 mt.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: US construction spending up 1.2 percent in AprilThe US Census Bureau announced today that US construction spending during April 2023 was estimated at a seasonally adjusted annual rate of $1,908.4 billion, 1.2 percent (±0.7 percent) above the revised March estimate of $1,885.0 billion. The April figure is 7.2 percent (±1.2 percent) above the April 2022 estimate of $1,780.9 billion. During the first four months of this year, construction spending amounted to $566.7 billion, 6.1 percent (±1.0 percent) above the $533.9 billion for the same period in 2022. Spending on private construction was at a seasonally adjusted annual rate of $1,500.7 billion, 1.3 percent (±0.3 percent) above the revised March estimate of $1,481.6 billion. Residential construction was at a seasonally adjusted annual rate of $845.4 billion in April, 0.5 percent (±1.3 percent) above the revised March estimate of $841.6 billion. Nonresidential construction was at a seasonally adjusted annual rate of $655.3 billion in April, 2.4 percent (±0.3 percent) above the revised March estimate of $640.0 billion. In April, the estimated seasonally adjusted annual rate of public construction spending was $407.7 billion, 1.1 percent (±1.2 percent) above the revised March estimate of $403.4 billion. Educational construction was at a seasonally adjusted annual rate of $88.3 billion, 0.1 percent (±1.8 percent) below the revised March estimate of $88.4 billion. Highway construction was at a seasonally adjusted annual rate of $124.7 billion, 1.3 percent (±3.5 percent) above the revised March estimate of $123.1 billion. ### Response: NO

NO

US construction spending up 1.2 percent in AprilThe US Census Bureau announced today that US construction spending during April 2023 was estimated at a seasonally adjusted annual rate of $1,908.4 billion, 1.2 percent (±0.7 percent) above the revised March estimate of $1,885.0 billion. The April figure is 7.2 percent (±1.2 percent) above the April 2022 estimate of $1,780.9 billion. During the first four months of this year, construction spending amounted to $566.7 billion, 6.1 percent (±1.0 percent) above the $533.9 billion for the same period in 2022. Spending on private construction was at a seasonally adjusted annual rate of $1,500.7 billion, 1.3 percent (±0.3 percent) above the revised March estimate of $1,481.6 billion. Residential construction was at a seasonally adjusted annual rate of $845.4 billion in April, 0.5 percent (±1.3 percent) above the revised March estimate of $841.6 billion. Nonresidential construction was at a seasonally adjusted annual rate of $655.3 billion in April, 2.4 percent (±0.3 percent) above the revised March estimate of $640.0 billion. In April, the estimated seasonally adjusted annual rate of public construction spending was $407.7 billion, 1.1 percent (±1.2 percent) above the revised March estimate of $403.4 billion. Educational construction was at a seasonally adjusted annual rate of $88.3 billion, 0.1 percent (±1.8 percent) below the revised March estimate of $88.4 billion. Highway construction was at a seasonally adjusted annual rate of $124.7 billion, 1.3 percent (±3.5 percent) above the revised March estimate of $123.1 billion.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Brazil will finance steel plate and pipe exports to ArgentinaAfter a meeting of the presidents of Brazil and Argentina this week in Brasilia, the Brazilian ministry of foreign relations (MRE) issued a statement describing advances in negotiations about the financial support of projects of the interest of both countries. The statement has focused on the progress of conversations about the financing by the Brazilian official development bank BNDES of exports of Brazilian steel plate and pipe to Argentina, to be used in the second phase of the Nestor Kirchner pipeline. According to MRE, “there is no juridical hurdle for the involvement of BNDES in the exports of steel plates and pipes to Argentina, and Brazil will take the measures to allow for such exports.” The first stage of the pipeline was built with plates supplied by Usiminas. ### Response: YES

YES

Brazil will finance steel plate and pipe exports to ArgentinaAfter a meeting of the presidents of Brazil and Argentina this week in Brasilia, the Brazilian ministry of foreign relations (MRE) issued a statement describing advances in negotiations about the financial support of projects of the interest of both countries. The statement has focused on the progress of conversations about the financing by the Brazilian official development bank BNDES of exports of Brazilian steel plate and pipe to Argentina, to be used in the second phase of the Nestor Kirchner pipeline. According to MRE, “there is no juridical hurdle for the involvement of BNDES in the exports of steel plates and pipes to Argentina, and Brazil will take the measures to allow for such exports.” The first stage of the pipeline was built with plates supplied by Usiminas.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Rebar Prices Fall As China's May Manufacturing PMI Is Far Below Market Expectations, Leaving Market Players Pessimistic Over Future DemandSHANGHAI, Jun 1 (SMM) –Rebar futures closed down 0.57% at 3,463 yuan/mt yesterday. Spot prices also fell slightly. China's May manufacturing PMI was far below market expectations, leaving market players pessimistic over future demand. Traders lost buying interest while end users restocked as needed. Supply was not reduced in the off-season, which could intensify supply-demand imbalance. This round of price decline has fully priced in macro factors. Poor fundamentals and lower raw material prices will keep rebar prices at lows. ### Response: YES

YES

Rebar Prices Fall As China's May Manufacturing PMI Is Far Below Market Expectations, Leaving Market Players Pessimistic Over Future DemandSHANGHAI, Jun 1 (SMM) –Rebar futures closed down 0.57% at 3,463 yuan/mt yesterday. Spot prices also fell slightly. China's May manufacturing PMI was far below market expectations, leaving market players pessimistic over future demand. Traders lost buying interest while end users restocked as needed. Supply was not reduced in the off-season, which could intensify supply-demand imbalance. This round of price decline has fully priced in macro factors. Poor fundamentals and lower raw material prices will keep rebar prices at lows.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: China Rebar Stocks Down 4.5% on WeekSHANGHAI, Jun 1 (SMM) – The total inventory of rebar across social warehouses and steel makers in China stood at 7.7 million mt as of Thursday June 1, down 365,500 mt or 4.5% from a week ago, and down 30.7% from the same period last year. ### Response: NO

NO

China Rebar Stocks Down 4.5% on WeekSHANGHAI, Jun 1 (SMM) – The total inventory of rebar across social warehouses and steel makers in China stood at 7.7 million mt as of Thursday June 1, down 365,500 mt or 4.5% from a week ago, and down 30.7% from the same period last year.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: MMi Daily Iron Ore Report (June 1)》Click to download the PDF and view the whole report ### Response: NO

NO

MMi Daily Iron Ore Report (June 1)》Click to download the PDF and view the whole report

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Copper Futures Prices Rebounded as Market Expects Fed to Pause Interest Rate Hike in JuneLME copper closed at $8,231.5/mt last evening, a rise of 1.5%.Trading volume was 20,000 lots and open interest stood at 252,000 lots. The most active SHFE 2307 copper contract finished at 65,760 yuan/mt overnight, up 0.75%. Trading volume was 46,000 lots and open interest stood at 185,000 lots. ### Response: NO

NO

Copper Futures Prices Rebounded as Market Expects Fed to Pause Interest Rate Hike in JuneLME copper closed at $8,231.5/mt last evening, a rise of 1.5%.Trading volume was 20,000 lots and open interest stood at 252,000 lots. The most active SHFE 2307 copper contract finished at 65,760 yuan/mt overnight, up 0.75%. Trading volume was 46,000 lots and open interest stood at 185,000 lots.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: OPEC+ unlikely to deepen oil supply cuts at June 4 meeting, sources sayLONDON/DUBAI, June 1 (Reuters) - OPEC and its allies are unlikely to deepen supply cuts at their ministerial meeting on Sunday despite a fall in oil prices toward $70 per barrel, four sources from the alliance told Reuters.OPEC+, which groups the Organization of the Petroleum Exporting Countries and allies led by Russia, pumps around 40% of the world's crude and supplies around 60% of the oil export market, meaning its policy decisions can have a major price impact.As the economic outlook worsened, several members of OPEC+ in April pledged voluntary cuts starting from May and to continue to the end of the year.This was in addition to a 2 million barrels per day (bpd) cut agreed in early October to output targets versus an August 2022 production baseline. It brought total output cuts to 3.66 million bpd, or about 4% of global consumption.The group of late has cut by more than its targets mainly because of capacity limitations in West African producers Nigeria and Angola.A Reuters survey found the two countries missed their output targets by a combined 600,000 bpd in May, while outages in the Kurdistan Region of northern Iraq meant the country produced 220,000 bpd below its target last month.The surprise announcement in April helped to drive benchmark Brent crude prices about $9 per barrel higher to above $87 over the days followed, but Brent has since lost those gains to trade below $73, under pressure from concerns about global economic growth and its impact on fuel demand.Last week, Saudi Energy Minister Prince Abdulaziz bin Salman told investors he said were shorting the oil price to 'watch out,' which many market watchers interpreted as a warning of additional supply cuts.Russian Deputy Prime Minister Alexander Novak subsequently said he did not expect any new steps from OPEC+ in Vienna, Russian media reported.The Kremlin on Thursday did not comment on the meeting's outcome, but Kremlin spokesman Dmitry Peskov said relations with Saudi Arabia were 'constructive, based on mutual understanding, mutual respect, mutual trust'.'At this precise time, no change for the meeting but as usual, depending on the mood of some, everything can change,' one OPEC+ source said. This view was echoed by three other sources, all of whom asked not to be named.Two other sources said it was too soon to be sure of the meeting's outcome.Beyond the unexpected April decision, the group has surprised markets several times in recent years.In March 2020, it abandoned production quotas altogether, launching a Saudi-Russian price war at the onset of the COVID-19 pandemic that sent oil prices 25% lower.It quickly re-established quotas with its biggest output cut to date of about 10 million bpd, agreed in April, 2020.HSBC said in a note on Wednesday it did not expect OPEC+ to change its policy, but that the group may cut output later if an expected market deficit in the second half of the year does not materialise and prices remain below $80 per barrel.'We think the current set of cuts, in addition to the stronger oil demand we expect from China and the West from the summer onwards, will bring about a deficit in the market in 2H23,' the bank said.OPEC has said it expects oil demand growth to reach 2.33 million bpd this year as non-OPEC supplies grow by 1.4 million bpd.Goldman Sachs anticipated no change to OPEC+ policy this week, but predicted the group could 'utilise some partly offsetting hawkish rhetoric'.The bank also said OPEC+ may act later if prices remain below $80 in the second half of the year.Our Standards: The Thomson Reuters Trust Principles. ### Response: YES

YES

OPEC+ unlikely to deepen oil supply cuts at June 4 meeting, sources sayLONDON/DUBAI, June 1 (Reuters) - OPEC and its allies are unlikely to deepen supply cuts at their ministerial meeting on Sunday despite a fall in oil prices toward $70 per barrel, four sources from the alliance told Reuters.OPEC+, which groups the Organization of the Petroleum Exporting Countries and allies led by Russia, pumps around 40% of the world's crude and supplies around 60% of the oil export market, meaning its policy decisions can have a major price impact.As the economic outlook worsened, several members of OPEC+ in April pledged voluntary cuts starting from May and to continue to the end of the year.This was in addition to a 2 million barrels per day (bpd) cut agreed in early October to output targets versus an August 2022 production baseline. It brought total output cuts to 3.66 million bpd, or about 4% of global consumption.The group of late has cut by more than its targets mainly because of capacity limitations in West African producers Nigeria and Angola.A Reuters survey found the two countries missed their output targets by a combined 600,000 bpd in May, while outages in the Kurdistan Region of northern Iraq meant the country produced 220,000 bpd below its target last month.The surprise announcement in April helped to drive benchmark Brent crude prices about $9 per barrel higher to above $87 over the days followed, but Brent has since lost those gains to trade below $73, under pressure from concerns about global economic growth and its impact on fuel demand.Last week, Saudi Energy Minister Prince Abdulaziz bin Salman told investors he said were shorting the oil price to 'watch out,' which many market watchers interpreted as a warning of additional supply cuts.Russian Deputy Prime Minister Alexander Novak subsequently said he did not expect any new steps from OPEC+ in Vienna, Russian media reported.The Kremlin on Thursday did not comment on the meeting's outcome, but Kremlin spokesman Dmitry Peskov said relations with Saudi Arabia were 'constructive, based on mutual understanding, mutual respect, mutual trust'.'At this precise time, no change for the meeting but as usual, depending on the mood of some, everything can change,' one OPEC+ source said. This view was echoed by three other sources, all of whom asked not to be named.Two other sources said it was too soon to be sure of the meeting's outcome.Beyond the unexpected April decision, the group has surprised markets several times in recent years.In March 2020, it abandoned production quotas altogether, launching a Saudi-Russian price war at the onset of the COVID-19 pandemic that sent oil prices 25% lower.It quickly re-established quotas with its biggest output cut to date of about 10 million bpd, agreed in April, 2020.HSBC said in a note on Wednesday it did not expect OPEC+ to change its policy, but that the group may cut output later if an expected market deficit in the second half of the year does not materialise and prices remain below $80 per barrel.'We think the current set of cuts, in addition to the stronger oil demand we expect from China and the West from the summer onwards, will bring about a deficit in the market in 2H23,' the bank said.OPEC has said it expects oil demand growth to reach 2.33 million bpd this year as non-OPEC supplies grow by 1.4 million bpd.Goldman Sachs anticipated no change to OPEC+ policy this week, but predicted the group could 'utilise some partly offsetting hawkish rhetoric'.The bank also said OPEC+ may act later if prices remain below $80 in the second half of the year.Our Standards: The Thomson Reuters Trust Principles.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Increasing imports weigh on China's FeCr productionThe rapid increase in China's high-carbon ferrochrome (FeCr) imports over the past several monthsof this year has been gradually weighing on the domestic FeCr market, forcing some smelters to reduce their output, Mysteel's latest survey found. ### Response: NO

NO

Increasing imports weigh on China's FeCr productionThe rapid increase in China's high-carbon ferrochrome (FeCr) imports over the past several monthsof this year has been gradually weighing on the domestic FeCr market, forcing some smelters to reduce their output, Mysteel's latest survey found.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Sunflower seeds: dispute over EU restrictions escalatesDisputed measures may be extendedUkraine may have welcomed the Council of the European Union's decision to extend the measures regarding the full liberisation of trade with the country, but is less delighted with the current restrictions adopted on 2 May. Matter of controversy are the EU's exceptional and temporary preventive measures that suspend the import of wheat, corn and rapeseed along with sunflowers seeds from Ukraine in Hungary, Poland and Bulgaria, Romania and Slovakia but permit transits.These measures may be set to expire on 5 June, but Janusz ### Response: NO

NO

Sunflower seeds: dispute over EU restrictions escalatesDisputed measures may be extendedUkraine may have welcomed the Council of the European Union's decision to extend the measures regarding the full liberisation of trade with the country, but is less delighted with the current restrictions adopted on 2 May. Matter of controversy are the EU's exceptional and temporary preventive measures that suspend the import of wheat, corn and rapeseed along with sunflowers seeds from Ukraine in Hungary, Poland and Bulgaria, Romania and Slovakia but permit transits.These measures may be set to expire on 5 June, but Janusz

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Sesame seeds: significant price correctionsSeveral hundred thousand tonnesMore and more supplies from the summer crop are arriving in the various trading markets from the Indian growing regions. Prices have been noticeably lower this week and with new supplies arriving regularly in the coming weeks, market players believe further downward corrections are possible.Gujarat traditionally harvests the most sesame seeds in the summer months, while other growing regions such as Andhra Pradesh only bring in large quantities in the autumn. While the market was worried that heavy rains might have affected t ### Response: YES

YES

Sesame seeds: significant price correctionsSeveral hundred thousand tonnesMore and more supplies from the summer crop are arriving in the various trading markets from the Indian growing regions. Prices have been noticeably lower this week and with new supplies arriving regularly in the coming weeks, market players believe further downward corrections are possible.Gujarat traditionally harvests the most sesame seeds in the summer months, while other growing regions such as Andhra Pradesh only bring in large quantities in the autumn. While the market was worried that heavy rains might have affected t

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Propane is now cheaper and that's bad news for Gujarat GasRepresentative Image Gujarat Gas Trade Watchlist Portfolio Message Set Alert     NSElive bselive nselive 01 Jun, 2023 15:59 488.25 -18.35 (-3.62%) Volume 3060387 Todays L/H 483.00499.80 More × Saudi Aramco has reduced its June LPG contract price (CP) for propane by $105 per metric ton from the May CP, setting it at $450 per metric ton. This price reduction is likely to have a negative impact on Gujarat Gas, according to analysts. With the new price, it is expected that propane would become cheaper compared to Gujarat gas prices from July. Propane will now cost $8.8 per million British thermal units (MMBtu), whereas Gujarat gas is priced at $9.8 per MMBtu in the Morbi region, as per analysts' calculations. This price difference might lead customers to choose propane over Gujarat gas due to the lower cost. In an interview with CNBC-TV18 last month, Morbi Ceramic Association’s Shailesh Vasnani had already warned that Gujarat Gas needed to respond with a generous cut in prices in order to discourages customers' from switching. Follow our live blog for all the market action At 11 am, Gujarat Gas shares were trading at Rs 491.50 on the NSE, about 3 percent lower from previous close with heavy volumes of 1.3 million shares. Related stories Bulk Deals | Societe Generale picks 1.35% stake in MTAR Technologies, Avataar Holdings offloads over... Gainers & Losers: 10 Stocks that moved the most on June 1 Coal India OFS: What should investors do? This development comes two months after government approved a cap on domestic gas prices based on Kirit Parekh Committee recommendations. The cap will ensure lower input costs for city gas distributors, thus leading to margin recovery. The financials In Q4, Gujarat Gas reported a fall in net profit by 16 percent year on year to Rs 369 crore, compared to Rs 444 crore in the corresponding period last year. Revenue from operations for the January-March quarter came in at Rs 4,073.82 crore, declining of 14 percent YoY. However, sales volume increased 22 percent to 8.86 mmscmd. The 12-month consensus target on the stock is Rs 557.50. This represents an upside of 13 percent from the current level. Disclaimer: The views and investment tips expressed by experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.​​​​ Read More ### Response: YES

YES

Propane is now cheaper and that's bad news for Gujarat GasRepresentative Image Gujarat Gas Trade Watchlist Portfolio Message Set Alert     NSElive bselive nselive 01 Jun, 2023 15:59 488.25 -18.35 (-3.62%) Volume 3060387 Todays L/H 483.00499.80 More × Saudi Aramco has reduced its June LPG contract price (CP) for propane by $105 per metric ton from the May CP, setting it at $450 per metric ton. This price reduction is likely to have a negative impact on Gujarat Gas, according to analysts. With the new price, it is expected that propane would become cheaper compared to Gujarat gas prices from July. Propane will now cost $8.8 per million British thermal units (MMBtu), whereas Gujarat gas is priced at $9.8 per MMBtu in the Morbi region, as per analysts' calculations. This price difference might lead customers to choose propane over Gujarat gas due to the lower cost. In an interview with CNBC-TV18 last month, Morbi Ceramic Association’s Shailesh Vasnani had already warned that Gujarat Gas needed to respond with a generous cut in prices in order to discourages customers' from switching. Follow our live blog for all the market action At 11 am, Gujarat Gas shares were trading at Rs 491.50 on the NSE, about 3 percent lower from previous close with heavy volumes of 1.3 million shares. Related stories Bulk Deals | Societe Generale picks 1.35% stake in MTAR Technologies, Avataar Holdings offloads over... Gainers & Losers: 10 Stocks that moved the most on June 1 Coal India OFS: What should investors do? This development comes two months after government approved a cap on domestic gas prices based on Kirit Parekh Committee recommendations. The cap will ensure lower input costs for city gas distributors, thus leading to margin recovery. The financials In Q4, Gujarat Gas reported a fall in net profit by 16 percent year on year to Rs 369 crore, compared to Rs 444 crore in the corresponding period last year. Revenue from operations for the January-March quarter came in at Rs 4,073.82 crore, declining of 14 percent YoY. However, sales volume increased 22 percent to 8.86 mmscmd. The 12-month consensus target on the stock is Rs 557.50. This represents an upside of 13 percent from the current level. Disclaimer: The views and investment tips expressed by experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.​​​​ Read More

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Firm prices of roughs and weak demand to keep Indian diamond exports dullMacroeconomic headwinds, tightening of surplus liquidity (infused during the pandemic) and inflationary pressures are the most likely causes of the subdued demand The latest set of export data for April 2023 shows a steep year-on-year (YoY) contraction of 39 percent in overall exports of cut and polished diamonds (CPD) from India to $1.3 billion. This is the lowest level of monthly exports reported by Indian diamantaires since July 2020. The contraction in exports was largely driven by a 33 percent YoY reduction in volumes reflecting weak underlying demand conditions in key consuming markets like the US, Europe, and China, which collectively account for ~80 percent of the global CPD demand. India is the cutting and polishing hub for diamonds in the world and accounts for over 90 percent of global diamond exports. Macroeconomic headwinds, tightening of surplus liquidity (infused during the pandemic) and inflationary pressures in these nations are the most likely causes of the subdued demand. Demand pressures The challenges currently faced by the diamond industry are two-fold. First, the demand outlook in the key consuming nations remains gloomy. The industry saw a huge uptick in exports from the second half of FY2021 that continued till FY2022, aided by large stimulus packages (particularly in the US) and the then limited avenues for consumers to spend. However, exports in FY2023 witnessed a downward trend as the re-opening of economies and tightened monetary policies led to a shift in spending away from diamonds. Consequently, after reporting a decadal high level of exports of $24.3 billion in FY2022, the overall exports fell by 9 percent to $22 billion in FY2023. Volume-wise, exports contracted YoY by ~19 percent in FY2023, though the decline was partly offset by 12 percent higher polished prices. COVID restrictions in China, the second largest consumer of CPDs, accounting for ~10 percent of the global demand, for a large part of FY2023 accentuated the dip in volumes. The demand pressures are more visible in the large-sized diamonds where down-trading to smaller-sized diamonds as well as some shift to lab-grown diamonds is being observed. Second, rough diamond prices have remained elevated (current prices being higher by ~10-12 percent from the 15-year median level), though some softening was seen in recent months. The prices of rough diamonds soared by 23 percent in CY2021, following limited supply from mining companies and a robust revival in demand post the pandemic. However, despite subsequent softening in demand, rough prices remained firm in FY2023, due to limited availability of roughs from Russia in the market, following the US sanctions on Alrosa PJSC,  a Russia-owned diamond mining entity, which supplies ~30 percent of the rough diamonds globally. Faced with lower demand this year, CPD players’ ability to pass on high rough prices remains limited, translating into profitability pressures. Related stories Q4 GDP: Robust growth to keep rate cuts at bay Telangana: Karnataka upturns BJP-Congress contest for opposition space. But can either party beat KC... Rough prices firm While the first quarter of FY2024 is expected to remain weak for the industry, players are expecting some uptick in demand from the second quarter of FY2024 onwards, driven by a gradual improvement in the macroeconomic conditions and easing of inflationary pressures in consuming nations. Demand from China, after having remained subdued so far, is also expected to pick up in the coming months and would remain a key monitorable. Nevertheless, due to a steep drop likely in the first quarter, CPD exports from India are expected to contract YoY by ~10 percent in FY2024. Rough prices are likely to remain firm in FY2024 too as no major ramp-up in the mining of rough diamonds is expected over the next two years, which, coupled with intensified sanctions on Russian diamonds (Alrosa), is expected to exert pressure on revenues and profits in FY2024. While the inventory levels of CPD entities would increase in FY2024 due to a slowdown in demand, the same is expected to remain lower than the pre-pandemic levels on account of the constrained supply of roughs. The CPD players are also consciously controlling their rough purchases to avoid any large build-up of inventory and recovery from customers has been timely so far, both of which would keep working capital borrowings under check, and in turn support CPD entities’ credit profile. Sakshi Suneja is Vice President and Sector Head - Corporate Ratings, ICRA Ltd. Views are personal, and do not represent the stand of this publication.  Read More ### Response: YES

YES

Firm prices of roughs and weak demand to keep Indian diamond exports dullMacroeconomic headwinds, tightening of surplus liquidity (infused during the pandemic) and inflationary pressures are the most likely causes of the subdued demand The latest set of export data for April 2023 shows a steep year-on-year (YoY) contraction of 39 percent in overall exports of cut and polished diamonds (CPD) from India to $1.3 billion. This is the lowest level of monthly exports reported by Indian diamantaires since July 2020. The contraction in exports was largely driven by a 33 percent YoY reduction in volumes reflecting weak underlying demand conditions in key consuming markets like the US, Europe, and China, which collectively account for ~80 percent of the global CPD demand. India is the cutting and polishing hub for diamonds in the world and accounts for over 90 percent of global diamond exports. Macroeconomic headwinds, tightening of surplus liquidity (infused during the pandemic) and inflationary pressures in these nations are the most likely causes of the subdued demand. Demand pressures The challenges currently faced by the diamond industry are two-fold. First, the demand outlook in the key consuming nations remains gloomy. The industry saw a huge uptick in exports from the second half of FY2021 that continued till FY2022, aided by large stimulus packages (particularly in the US) and the then limited avenues for consumers to spend. However, exports in FY2023 witnessed a downward trend as the re-opening of economies and tightened monetary policies led to a shift in spending away from diamonds. Consequently, after reporting a decadal high level of exports of $24.3 billion in FY2022, the overall exports fell by 9 percent to $22 billion in FY2023. Volume-wise, exports contracted YoY by ~19 percent in FY2023, though the decline was partly offset by 12 percent higher polished prices. COVID restrictions in China, the second largest consumer of CPDs, accounting for ~10 percent of the global demand, for a large part of FY2023 accentuated the dip in volumes. The demand pressures are more visible in the large-sized diamonds where down-trading to smaller-sized diamonds as well as some shift to lab-grown diamonds is being observed. Second, rough diamond prices have remained elevated (current prices being higher by ~10-12 percent from the 15-year median level), though some softening was seen in recent months. The prices of rough diamonds soared by 23 percent in CY2021, following limited supply from mining companies and a robust revival in demand post the pandemic. However, despite subsequent softening in demand, rough prices remained firm in FY2023, due to limited availability of roughs from Russia in the market, following the US sanctions on Alrosa PJSC,  a Russia-owned diamond mining entity, which supplies ~30 percent of the rough diamonds globally. Faced with lower demand this year, CPD players’ ability to pass on high rough prices remains limited, translating into profitability pressures. Related stories Q4 GDP: Robust growth to keep rate cuts at bay Telangana: Karnataka upturns BJP-Congress contest for opposition space. But can either party beat KC... Rough prices firm While the first quarter of FY2024 is expected to remain weak for the industry, players are expecting some uptick in demand from the second quarter of FY2024 onwards, driven by a gradual improvement in the macroeconomic conditions and easing of inflationary pressures in consuming nations. Demand from China, after having remained subdued so far, is also expected to pick up in the coming months and would remain a key monitorable. Nevertheless, due to a steep drop likely in the first quarter, CPD exports from India are expected to contract YoY by ~10 percent in FY2024. Rough prices are likely to remain firm in FY2024 too as no major ramp-up in the mining of rough diamonds is expected over the next two years, which, coupled with intensified sanctions on Russian diamonds (Alrosa), is expected to exert pressure on revenues and profits in FY2024. While the inventory levels of CPD entities would increase in FY2024 due to a slowdown in demand, the same is expected to remain lower than the pre-pandemic levels on account of the constrained supply of roughs. The CPD players are also consciously controlling their rough purchases to avoid any large build-up of inventory and recovery from customers has been timely so far, both of which would keep working capital borrowings under check, and in turn support CPD entities’ credit profile. Sakshi Suneja is Vice President and Sector Head - Corporate Ratings, ICRA Ltd. Views are personal, and do not represent the stand of this publication.  Read More

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Record-Breaking Wheat Procurement Exceeds 260 LMT in RMS 2023-24, Surpassing Previous Year's TotalRecord-Breaking Wheat Procurement Exceeds 260 LMT in RMS 2023-24, Surpassing Previous Year's Total (Photo Source: Pixabay) The ongoing Rabi Marketing Season (RMS) 2023-24 has witnessed a smooth and successful wheat procurement process. As of 30th May 2023, a total of 262 Lakh Metric Tons (LMT) of wheat have been procured, surpassing last year's procurement of 188 LMT by a significant margin of 74 LMT. This achievement has brought immense benefits to around 21.27 Lakh farmers, with a Minimum Support Price (MSP) outflow of approximately Rs. 47,000 crores. Notably, the states of Punjab, Madhya Pradesh, and Haryana have made substantial contributions to the procurement, with figures of 121.27 LMT, 70.98 LMT, and 63.17 LMT, respectively. Several factors have played a vital role in ensuring a healthy procurement this year. Firstly, the Government of India extended a relaxation in quality specifications for wheat affected by untimely rains, enabling the inclusion of a wider range of produce. Moreover, the establishment of procurement centers at the village and panchayat levels has facilitated easy access for farmers, allowing them to participate in the procurement process conveniently. Related Links Government to Start Wheat Procurement from April 2 in These States Government will start procurement of wheat in many states this week. In Rajasthan, Madhya Pradesh, and Gujarat, the state government… <iframe id='google_ads_frame1'> In addition to designated procurement centers, the involvement of Co-operative Societies, Gram Panchayats, and Arhatias, as well as permission to engage Farmer Producer Organizations (FPOs), has enhanced outreach and efficiency in procurement operations. In parallel, the procurement of rice has also progressed smoothly. A substantial quantity of 385 LMT of rice has been procured during the Kharif crop of the Kharif Marketing Season (KMS) 2022-23 as of 30th May 2023. Additionally, 110 LMT of rice is yet to be procured, while an estimated 106 LMT of rice is expected to be procured during the Rabi crop of KMS 2022-23. With a combined stock position of over 579 LMT in the Central Pool, comprising 312 LMT of wheat and 267 LMT of rice, the country finds itself in a comfortable position to meet its food grain requirements. This surplus stock ensures stability and enables the government to address any potential fluctuations in demand or supply. First published on: 01 Jun 2023, 21:14 IST ### Response: YES

YES

Record-Breaking Wheat Procurement Exceeds 260 LMT in RMS 2023-24, Surpassing Previous Year's TotalRecord-Breaking Wheat Procurement Exceeds 260 LMT in RMS 2023-24, Surpassing Previous Year's Total (Photo Source: Pixabay) The ongoing Rabi Marketing Season (RMS) 2023-24 has witnessed a smooth and successful wheat procurement process. As of 30th May 2023, a total of 262 Lakh Metric Tons (LMT) of wheat have been procured, surpassing last year's procurement of 188 LMT by a significant margin of 74 LMT. This achievement has brought immense benefits to around 21.27 Lakh farmers, with a Minimum Support Price (MSP) outflow of approximately Rs. 47,000 crores. Notably, the states of Punjab, Madhya Pradesh, and Haryana have made substantial contributions to the procurement, with figures of 121.27 LMT, 70.98 LMT, and 63.17 LMT, respectively. Several factors have played a vital role in ensuring a healthy procurement this year. Firstly, the Government of India extended a relaxation in quality specifications for wheat affected by untimely rains, enabling the inclusion of a wider range of produce. Moreover, the establishment of procurement centers at the village and panchayat levels has facilitated easy access for farmers, allowing them to participate in the procurement process conveniently. Related Links Government to Start Wheat Procurement from April 2 in These States Government will start procurement of wheat in many states this week. In Rajasthan, Madhya Pradesh, and Gujarat, the state government… <iframe id='google_ads_frame1'> In addition to designated procurement centers, the involvement of Co-operative Societies, Gram Panchayats, and Arhatias, as well as permission to engage Farmer Producer Organizations (FPOs), has enhanced outreach and efficiency in procurement operations. In parallel, the procurement of rice has also progressed smoothly. A substantial quantity of 385 LMT of rice has been procured during the Kharif crop of the Kharif Marketing Season (KMS) 2022-23 as of 30th May 2023. Additionally, 110 LMT of rice is yet to be procured, while an estimated 106 LMT of rice is expected to be procured during the Rabi crop of KMS 2022-23. With a combined stock position of over 579 LMT in the Central Pool, comprising 312 LMT of wheat and 267 LMT of rice, the country finds itself in a comfortable position to meet its food grain requirements. This surplus stock ensures stability and enables the government to address any potential fluctuations in demand or supply. First published on: 01 Jun 2023, 21:14 IST

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Cotton yarn prices down in north India; comber recovers ### Response: YES

YES

Cotton yarn prices down in north India; comber recovers

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Sales of petrol, diesel and jet fuel rise 9-10% year-on-year in MaySales of petrol, diesel and jet fuel rose 9-10 per cent year-on-year in May as economic activity expanded and summer holidays spurred leisure travel. Petrol sales jumped 10.4 per cent over the same month last year, according to the preliminary sales data gathered from state-run oil companies. The consumption of petrol was nearly a quarter higher than in May 2019. Increased holiday travel, robust car and motorbike sales, and overall expansion in economic activity have all contributed to strong sales growth for petrol. Diesel consumption rose 9.3 per cent in May helped by increased industrial and mining activity and retail demand. Elections in Karnataka also helped boost diesel demand. Diesel sales in May were 7 per cent higher than in May 2019. Advt Jet fuel sales rose 8.7 per cent year-on-year on holiday travellers’ rush. Domestic airlines are carrying a record number of passengers these days though international flying is yet to fully recover to pre-Covid highs. Jet fuel sales in May were 5.3 per cent lower than in May 2019. Liquefied petroleum gas (LPG), used mainly as cooking fuel in the country, rose 9.8 per cent in May over the corresponding period last year. LPG sales in May were 20 per cent higher than in the same month of 2019. By Sanjeev Choudhary , ET Bureau Published On Jun 1, 2023 at 01:34 PM IST Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Enter Email Download ETEnergyworld App Get Realtime updates Save your favourite articles Scan to download App Telegram Facebook Copy Link Be the first one to comment. Comment Now COMMENTS Comment Now Read Comment (1) All Comments Post Post petrol diesel fuel prices jet fuel lpg Home News Oil & Gas Sales of petrol, diesel and jet fuel rise 9-10% year-on-year in May ### Response: YES

YES

Sales of petrol, diesel and jet fuel rise 9-10% year-on-year in MaySales of petrol, diesel and jet fuel rose 9-10 per cent year-on-year in May as economic activity expanded and summer holidays spurred leisure travel. Petrol sales jumped 10.4 per cent over the same month last year, according to the preliminary sales data gathered from state-run oil companies. The consumption of petrol was nearly a quarter higher than in May 2019. Increased holiday travel, robust car and motorbike sales, and overall expansion in economic activity have all contributed to strong sales growth for petrol. Diesel consumption rose 9.3 per cent in May helped by increased industrial and mining activity and retail demand. Elections in Karnataka also helped boost diesel demand. Diesel sales in May were 7 per cent higher than in May 2019. Advt Jet fuel sales rose 8.7 per cent year-on-year on holiday travellers’ rush. Domestic airlines are carrying a record number of passengers these days though international flying is yet to fully recover to pre-Covid highs. Jet fuel sales in May were 5.3 per cent lower than in May 2019. Liquefied petroleum gas (LPG), used mainly as cooking fuel in the country, rose 9.8 per cent in May over the corresponding period last year. LPG sales in May were 20 per cent higher than in the same month of 2019. By Sanjeev Choudhary , ET Bureau Published On Jun 1, 2023 at 01:34 PM IST Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Enter Email Download ETEnergyworld App Get Realtime updates Save your favourite articles Scan to download App Telegram Facebook Copy Link Be the first one to comment. Comment Now COMMENTS Comment Now Read Comment (1) All Comments Post Post petrol diesel fuel prices jet fuel lpg Home News Oil & Gas Sales of petrol, diesel and jet fuel rise 9-10% year-on-year in May

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Oil prices rise as market awaits possible OPEC+ cutsBEIJING: Oil prices rose on Friday in early Asian trade as markets weighed the likelihood of price-supportive OPEC+ production cuts over the weekend amid positive sentiment over US monetary policy and Washington's debt ceiling bill. Brent crude futures rose 13 cents, or 0.18 per cent to $74.41 a barrel by 0115 GMT, while US West Texas Intermediate crude (WTI) rose 15 cents, or 0.21 per cent, to $70.25 a barrel, following two consecutive days of sliding crude prices. Markets were reassured by signals of a potential pause in rate hikes by the Federal Reserve as well as the House of Representatives' passage of a bill suspending the US government debt ceiling, likely staving off a calamitous sovereign default. Advt The US debt ceiling bill is currently awaiting approval by the Senate, which Democratic Majority Leader Chuck Schumer has said will stay in session on Thursday night US time until it is passed. Market sentiment was also buoyed by Thursday's US crude stock data from the Energy Information Administration, which indicated that crude imports had jumped last week. Investor attention is now fixed on the upcoming June 4 meeting of the Organization of the Petroleum Exporting Countries and allies including Russia, collectively called OPEC+. Ministers from key oil producing countries will decide whether to further trim output to support government revenues. Further reductions in OPEC+ output following their surprise cut of 1.16 million barrels per day in April would be bullish for crude prices. Signals on any such cut have been varied, with Reuters reporting and analysts from banks including HSBC and Goldman Sachs indicating that further outputs cuts are unlikely and that the bloc would adopt a 'wait and see' approach. Other market observers have pointed to weak manufacturing data out of China and the US as supporting the case for OPEC+ cuts. In the US, Institute for Supply Management (ISM) said on Thursday that its manufacturing PMI fell to 46.9 last month from 47.1 in April, the seventh-straight month that the PMI stayed below the 50 threshold, indicating a contraction in manufacturing activity in the world's largest oil consumer. Advt Manufacturing data out of China painted a mixed picture, with Thursday's better-than-expected Caixin/S&P Global China manufacturing PMI contrasting with the previous day's official government data that reported factory activity in May had contracted to the lowest level in five months. Reuters Published On Jun 2, 2023 at 07:35 AM IST Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Enter Email Download ETEnergyworld App Get Realtime updates Save your favourite articles Scan to download App Telegram Facebook Copy Link Be the first one to comment. Comment Now COMMENTS Comment Now Read Comment (1) All Comments Post Post chuck schumer pmi hsbc federal reserve organization of the petroleum exporting countries institute for supply management goldman sachs energy information administration house of representatives Home News Oil & Gas Oil prices rise as market awaits possible OPEC+ cuts ### Response: YES

YES

Oil prices rise as market awaits possible OPEC+ cutsBEIJING: Oil prices rose on Friday in early Asian trade as markets weighed the likelihood of price-supportive OPEC+ production cuts over the weekend amid positive sentiment over US monetary policy and Washington's debt ceiling bill. Brent crude futures rose 13 cents, or 0.18 per cent to $74.41 a barrel by 0115 GMT, while US West Texas Intermediate crude (WTI) rose 15 cents, or 0.21 per cent, to $70.25 a barrel, following two consecutive days of sliding crude prices. Markets were reassured by signals of a potential pause in rate hikes by the Federal Reserve as well as the House of Representatives' passage of a bill suspending the US government debt ceiling, likely staving off a calamitous sovereign default. Advt The US debt ceiling bill is currently awaiting approval by the Senate, which Democratic Majority Leader Chuck Schumer has said will stay in session on Thursday night US time until it is passed. Market sentiment was also buoyed by Thursday's US crude stock data from the Energy Information Administration, which indicated that crude imports had jumped last week. Investor attention is now fixed on the upcoming June 4 meeting of the Organization of the Petroleum Exporting Countries and allies including Russia, collectively called OPEC+. Ministers from key oil producing countries will decide whether to further trim output to support government revenues. Further reductions in OPEC+ output following their surprise cut of 1.16 million barrels per day in April would be bullish for crude prices. Signals on any such cut have been varied, with Reuters reporting and analysts from banks including HSBC and Goldman Sachs indicating that further outputs cuts are unlikely and that the bloc would adopt a 'wait and see' approach. Other market observers have pointed to weak manufacturing data out of China and the US as supporting the case for OPEC+ cuts. In the US, Institute for Supply Management (ISM) said on Thursday that its manufacturing PMI fell to 46.9 last month from 47.1 in April, the seventh-straight month that the PMI stayed below the 50 threshold, indicating a contraction in manufacturing activity in the world's largest oil consumer. Advt Manufacturing data out of China painted a mixed picture, with Thursday's better-than-expected Caixin/S&P Global China manufacturing PMI contrasting with the previous day's official government data that reported factory activity in May had contracted to the lowest level in five months. Reuters Published On Jun 2, 2023 at 07:35 AM IST Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Enter Email Download ETEnergyworld App Get Realtime updates Save your favourite articles Scan to download App Telegram Facebook Copy Link Be the first one to comment. Comment Now COMMENTS Comment Now Read Comment (1) All Comments Post Post chuck schumer pmi hsbc federal reserve organization of the petroleum exporting countries institute for supply management goldman sachs energy information administration house of representatives Home News Oil & Gas Oil prices rise as market awaits possible OPEC+ cuts

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Brazil to help sugar industry in Sri LankaTaking steps to assist and develop the sugar industry in Sri Lanka, a high-level technical team from Brazil will be visiting the island country from 9 June to 21 June, reports The Island Online. The team members belong to the Federal University of Vicosa, the Federal University of Sao Carlos and the Brazilian Cooperation Agency (ABC). The technical team will be visiting Udawalawe, Kandy, Mawanella and Kurunegala to identify problems associated with the dairy and sugarcane industries and steps needed to increase the capacity. The technical assistance is being provided by Brazil to Sri Lanka as per the First Round of Political Consultation between Sri Lanka and Brazil held in November 2022, under the Memorandum of Understanding on Political Consultation between the two countries signed on 07 March 2011. ### Response: YES

YES

Brazil to help sugar industry in Sri LankaTaking steps to assist and develop the sugar industry in Sri Lanka, a high-level technical team from Brazil will be visiting the island country from 9 June to 21 June, reports The Island Online. The team members belong to the Federal University of Vicosa, the Federal University of Sao Carlos and the Brazilian Cooperation Agency (ABC). The technical team will be visiting Udawalawe, Kandy, Mawanella and Kurunegala to identify problems associated with the dairy and sugarcane industries and steps needed to increase the capacity. The technical assistance is being provided by Brazil to Sri Lanka as per the First Round of Political Consultation between Sri Lanka and Brazil held in November 2022, under the Memorandum of Understanding on Political Consultation between the two countries signed on 07 March 2011.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Fiji to focus on production of ethanol, refined sugar and power...Fiji is interested to learn from the experience and success of the sugar industry from Mauritius, said Minister of Sugar Industry, Charan Jeath Singh to the Mauritius’ president, according to Fbcnews. Fiji is focusing on the production of ethanol, refined sugar and power co-generation, said Singh. Climate change, shortage of labour, lack of interest in cane cultivation among youth and ageing of cane farmers are some of the challenges Fiji’s sugar industry is facing, he said. “Smaller developing countries like Fiji and Mauritius need to work together with other developing states to tackle carbon emission and other issues,” said the President of Mauritius. ### Response: YES

YES

Fiji to focus on production of ethanol, refined sugar and power...Fiji is interested to learn from the experience and success of the sugar industry from Mauritius, said Minister of Sugar Industry, Charan Jeath Singh to the Mauritius’ president, according to Fbcnews. Fiji is focusing on the production of ethanol, refined sugar and power co-generation, said Singh. Climate change, shortage of labour, lack of interest in cane cultivation among youth and ageing of cane farmers are some of the challenges Fiji’s sugar industry is facing, he said. “Smaller developing countries like Fiji and Mauritius need to work together with other developing states to tackle carbon emission and other issues,” said the President of Mauritius.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Andhra CM Jagan distributes Rs 3,923 crore to farmers under YSR...Kurnool (Andhra Pradesh) [India], June 1 (ANI): Andhra Pradesh Chief Minister YS Jagan Mohan Reddy disbursed financial assistance to farmers for the fifth consecutive year under YSR Rythu Bharosa-PM Kisan on Thursday at Pathikonda in Kurnool district, an official statement said. CM Jagan distributed Rs 3,923.21 crore as the first tranche of this year to 52,30,939 farmers. With this, each farmer receives Rs 5,500 directly into the bank accounts from the YSRCP state government and another Rs 2,000 from the Centre as part of the PM Kisan Yojana. While speaking at the event, CM Jagan said, “Believing farmers’ welfare is state welfare, your government has extended support of YSR Rythu Bharosa for the fifth consecutive year which was not mentioned in the manifesto. With this assistance, we have distributed Rs 61,500 to each farmer across the state.” Addressing the crowd at Pathikonda, CM Jagan slammed TDP Chief Chandrababu Naidu over their recently released ‘MALAFIDE MANIFESTO’. He said, “Chandrababu’s political philosophy is releasing an attractive manifesto just before elections and backstabbing later. Our manifesto came from the hearts of the people of Andhra Pradesh which I gathered during my padayatra. But Chandrababu’s manifesto was born in Karnataka because he is a non-resident of AP.” CM Jagan further said, “Chandrababu is an enemy of farmers, he organized a drama in Rajahmundry called Mahanadu. He deceived NTR when he was alive and is now claiming him as a Yuga Purush. AP is like Kurukshetra and the next war will be between DPT (Dochuko, Panchuko, Tinuko) and DBT (Direct Benefit Transfer), so I request you to choose wisely.” (ANI)   ### Response: YES

YES

Andhra CM Jagan distributes Rs 3,923 crore to farmers under YSR...Kurnool (Andhra Pradesh) [India], June 1 (ANI): Andhra Pradesh Chief Minister YS Jagan Mohan Reddy disbursed financial assistance to farmers for the fifth consecutive year under YSR Rythu Bharosa-PM Kisan on Thursday at Pathikonda in Kurnool district, an official statement said. CM Jagan distributed Rs 3,923.21 crore as the first tranche of this year to 52,30,939 farmers. With this, each farmer receives Rs 5,500 directly into the bank accounts from the YSRCP state government and another Rs 2,000 from the Centre as part of the PM Kisan Yojana. While speaking at the event, CM Jagan said, “Believing farmers’ welfare is state welfare, your government has extended support of YSR Rythu Bharosa for the fifth consecutive year which was not mentioned in the manifesto. With this assistance, we have distributed Rs 61,500 to each farmer across the state.” Addressing the crowd at Pathikonda, CM Jagan slammed TDP Chief Chandrababu Naidu over their recently released ‘MALAFIDE MANIFESTO’. He said, “Chandrababu’s political philosophy is releasing an attractive manifesto just before elections and backstabbing later. Our manifesto came from the hearts of the people of Andhra Pradesh which I gathered during my padayatra. But Chandrababu’s manifesto was born in Karnataka because he is a non-resident of AP.” CM Jagan further said, “Chandrababu is an enemy of farmers, he organized a drama in Rajahmundry called Mahanadu. He deceived NTR when he was alive and is now claiming him as a Yuga Purush. AP is like Kurukshetra and the next war will be between DPT (Dochuko, Panchuko, Tinuko) and DBT (Direct Benefit Transfer), so I request you to choose wisely.” (ANI)  

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Daily Sugar Market Update By Vizzie – 01/06/2023ChiniMandi, Mumbai: 1st June 2023 Domestic Market Mixed cues in sugar prices, UP up again, Kolhapur fell Sugar prices were mixed, with prices rising in Muzaffarnagar but falling in Kolhapur. Higher monthly quotas are weighing on Kolhapur market prices, while strong demand in North India is supporting prices. Prices for Muzaffarnagar (M grade) were trading at Rs 3,660-3,670 per quintal, while prices for Kolhapur (S grade) fell by Rs 10 to Rs 3,410 per quintal. Prices are expected to trade steady to firm due to strong demand, with little room for decline, according to Agrimandi.live. In the near future, prices in the Kolhapur markets are expected to trade towards Rs 3,480 per quintal, with a support level of Rs 3,360 per quintal. Ex-mill Sugar Prices as on June, 1 2023 : State S/30 [Rates per Quintal] M/30 [Rates per Quintal] Maharashtra ₹3385 to 3395 ₹3485 to 3495 Karnataka ₹3525 to 3625 ₹3650 Uttar Pradesh ₹3605 to 3715 Gujarat ₹3461 to 3501 ₹3551 to 3571 Tamil Nadu ₹3565 to 3650 – Madhya Pradesh ₹3520 to 3565 ₹3580 to 3635 Punjab ₹3710 to 3771 (All the above rates are excluding GST) Destination-wise Spot Prices as on June, 1 2023 : City Grade Rate Delhi M/30 ₹3916.50 Kanpur M/30 ₹3864.00 Kolhapur M/30 ₹3685.50 Kolkata M/30 ₹3958.50 Muzaffarnagar M/30 ₹3848.25 International Market At the time of writing this update London White Sugar #5 front month contract is trading at $702.20/ton, whereas the New York Sugar #11 front month contract is trading at 25.34 c/lb. Currency, Commodity & Indian Indices The rupee traded against the US dollar at 82.431 whereas USD was trading with BRL at 5.0558, Crude futures traded at ₹5598, Crude WTI traded at $67.70/barrel. Sensex closed 193.70 points lower at 62428.54 whereas Nifty ended 46.65 points lower at 18487.75 News Round-Up National Sugar Institute makes global impact in last ten Years National Sugar Institute makes global impact in last ten Years Fiji to focus on production of ethanol, refined sugar and power co-generation Fiji to focus on production of ethanol, refined sugar and power co-generation Reduced emissions during the epidemic exacerbated climate change: Study Reduced emissions during the epidemic exacerbated climate change: Study Wheat procurement crosses 260 LMT mark in RMS 2023-24 till date surpassing last year’s total procurement Wheat procurement crosses 260 LMT mark in RMS 2023-24 till date surpassing last year’s total procurement Commercial LPG cylinder prices slashed by Rs 83.5; domestic unchanged Commercial LPG cylinder prices slashed by Rs 83.5; domestic unchanged ### Response: NO

NO

Daily Sugar Market Update By Vizzie – 01/06/2023ChiniMandi, Mumbai: 1st June 2023 Domestic Market Mixed cues in sugar prices, UP up again, Kolhapur fell Sugar prices were mixed, with prices rising in Muzaffarnagar but falling in Kolhapur. Higher monthly quotas are weighing on Kolhapur market prices, while strong demand in North India is supporting prices. Prices for Muzaffarnagar (M grade) were trading at Rs 3,660-3,670 per quintal, while prices for Kolhapur (S grade) fell by Rs 10 to Rs 3,410 per quintal. Prices are expected to trade steady to firm due to strong demand, with little room for decline, according to Agrimandi.live. In the near future, prices in the Kolhapur markets are expected to trade towards Rs 3,480 per quintal, with a support level of Rs 3,360 per quintal. Ex-mill Sugar Prices as on June, 1 2023 : State S/30 [Rates per Quintal] M/30 [Rates per Quintal] Maharashtra ₹3385 to 3395 ₹3485 to 3495 Karnataka ₹3525 to 3625 ₹3650 Uttar Pradesh ₹3605 to 3715 Gujarat ₹3461 to 3501 ₹3551 to 3571 Tamil Nadu ₹3565 to 3650 – Madhya Pradesh ₹3520 to 3565 ₹3580 to 3635 Punjab ₹3710 to 3771 (All the above rates are excluding GST) Destination-wise Spot Prices as on June, 1 2023 : City Grade Rate Delhi M/30 ₹3916.50 Kanpur M/30 ₹3864.00 Kolhapur M/30 ₹3685.50 Kolkata M/30 ₹3958.50 Muzaffarnagar M/30 ₹3848.25 International Market At the time of writing this update London White Sugar #5 front month contract is trading at $702.20/ton, whereas the New York Sugar #11 front month contract is trading at 25.34 c/lb. Currency, Commodity & Indian Indices The rupee traded against the US dollar at 82.431 whereas USD was trading with BRL at 5.0558, Crude futures traded at ₹5598, Crude WTI traded at $67.70/barrel. Sensex closed 193.70 points lower at 62428.54 whereas Nifty ended 46.65 points lower at 18487.75 News Round-Up National Sugar Institute makes global impact in last ten Years National Sugar Institute makes global impact in last ten Years Fiji to focus on production of ethanol, refined sugar and power co-generation Fiji to focus on production of ethanol, refined sugar and power co-generation Reduced emissions during the epidemic exacerbated climate change: Study Reduced emissions during the epidemic exacerbated climate change: Study Wheat procurement crosses 260 LMT mark in RMS 2023-24 till date surpassing last year’s total procurement Wheat procurement crosses 260 LMT mark in RMS 2023-24 till date surpassing last year’s total procurement Commercial LPG cylinder prices slashed by Rs 83.5; domestic unchanged Commercial LPG cylinder prices slashed by Rs 83.5; domestic unchanged

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Propionic Acid Prices Fall in India Amidst Low Consumption Rates From Downstream IndustriesIn May 2023, the Propionic Acid price movement shifted in India, and prices observed a fall during the month. The trading and supply activities stagnated from regional exporter China during the Labour Day holidays from 1st May to 3rd May 2023. The inventories were sufficiently available in the domestic market due to firm trading and procurement activities from the regional exporters in the concluding week of April. ### Response: YES

YES

Propionic Acid Prices Fall in India Amidst Low Consumption Rates From Downstream IndustriesIn May 2023, the Propionic Acid price movement shifted in India, and prices observed a fall during the month. The trading and supply activities stagnated from regional exporter China during the Labour Day holidays from 1st May to 3rd May 2023. The inventories were sufficiently available in the domestic market due to firm trading and procurement activities from the regional exporters in the concluding week of April.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Sharp Decline in Chinese Butyl Rubber Market Despite Automotive Industry Recovery: Factors and ProjectionsShanghai, China: The Chinese Butyl Rubber market experienced a significant decline in May 2023, with prices dropping by 23.6% during the month. This price decrease occurred despite notable recoveries in the downstream automotive industry's market performance and industrial output. Market experts suggest that the fall in Butyl Rubber prices can be attributed to the decreasing market value of feedstock Isobutylene and Isoprene throughout the month. Additionally, the Chinese Purchasing Manager's Index (PMI) and reduced crude oil consumption in May contributed to the decline in Butyl Rubber prices. ### Response: YES

YES

Sharp Decline in Chinese Butyl Rubber Market Despite Automotive Industry Recovery: Factors and ProjectionsShanghai, China: The Chinese Butyl Rubber market experienced a significant decline in May 2023, with prices dropping by 23.6% during the month. This price decrease occurred despite notable recoveries in the downstream automotive industry's market performance and industrial output. Market experts suggest that the fall in Butyl Rubber prices can be attributed to the decreasing market value of feedstock Isobutylene and Isoprene throughout the month. Additionally, the Chinese Purchasing Manager's Index (PMI) and reduced crude oil consumption in May contributed to the decline in Butyl Rubber prices.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Palm Oil Prices Plummet Across the Globe at the Commencement of May 2023The decline in Palm Oil prices during the month of May was primarily caused by weak demand before staging a partial recovery in the second half of the second quarter of 2023. Additionally, weak import demand from India and Mainland China kept market sentiments low. Numerous factors in the vegetable oil market exert pressure on the Palm Oil market. This is due to the US and Brazil's abundant supplies and large crop sizes. Market analysts claim that prices for other vegetable oils, such as Sunflower Oil and Soy, are currently lower than those for Palm Oil and that demand from many countries, particularly India and China, appears weak. ### Response: YES

YES

Palm Oil Prices Plummet Across the Globe at the Commencement of May 2023The decline in Palm Oil prices during the month of May was primarily caused by weak demand before staging a partial recovery in the second half of the second quarter of 2023. Additionally, weak import demand from India and Mainland China kept market sentiments low. Numerous factors in the vegetable oil market exert pressure on the Palm Oil market. This is due to the US and Brazil's abundant supplies and large crop sizes. Market analysts claim that prices for other vegetable oils, such as Sunflower Oil and Soy, are currently lower than those for Palm Oil and that demand from many countries, particularly India and China, appears weak.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Dextrose Monohydrate Prices Soar in Europe and the USA Amidst Increase DemandDextrose Monohydrate prices showcased an upward trajectory in both Europe and the USA in recent weeks due to increased demand and supply disruptions. Several factors, including the growing popularity of sports drinks and energy bars, drive the demand for Dextrose Monohydrates. ### Response: YES

YES

Dextrose Monohydrate Prices Soar in Europe and the USA Amidst Increase DemandDextrose Monohydrate prices showcased an upward trajectory in both Europe and the USA in recent weeks due to increased demand and supply disruptions. Several factors, including the growing popularity of sports drinks and energy bars, drive the demand for Dextrose Monohydrates.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Cotton farmers in Rajasthan and Punjab will get the benefit of traceabilityCotton farmers in Rajasthan and Punjab of India will get the benefit of traceability as CottonConnect and Haelixa have announced their new partnership to deliver comprehensive traceability around cotton. Using CottonConnect’s digital traceability platform TraceBale and Haelixa’s DNA marker, it will allow cotton fibres to be fully traced using digital and physical traceability solutions.London-based CottonConnect is a pioneering social enterprise reimagining the future for supply chains. Haelixa Ltd., pioneers developing and commercialising physical product traceability solutions to ensure complete end-to-end supply-chain transparency.The initiative will start with yarn from their pilot project in Rajasthan and Punjab. This will help ensure that the marked material is used to manufacture the finished product and is traceable in the supply chain.During the project, the DNA marker is applied at the ginning stage; when the cotton fibre is separated from the seed, the lint cotton is sprayed with the DNA marker. Once the marker adheres to the fibre, all the material manufactured from that cotton can be tested at any point in the supply chain, proving that the same DNA-marked fibre was used to manufacture specific garments.It can then be digitally traced through CottonConnect’s proprietary software tool, TraceBale, which based on its ‘bottom-up’ data gathering approach, provides visibility to the cotton journey from the farm group to the finished product. The project aims to prove that traceability will create transparency in the value chain, support circularity, and validate any sustainability claims.Alison Ward, CEO of CottonConnect, said, “At CottonConnect, we’ve been developing traceability solutions for ten years now, including our digital tool TraceBale, which is enabling brands to build a granular view of their cotton supply. We’re delighted to see new methods of validating our work. The DNA marker is helping deliver an integrated platform that is the future for retailers seeking traceability solutions.”Abdelkader Amouche, Commercial Director of Haelixa, said, “As the textile industry begins to focus more on responsible choices, we know there is no one size fits all solution. Leveraging digital and physical traceability together reduces the risk for manufacturers and brands. Testing for our markers in the supply chain provides forensic proof of the value chain, and adding TraceBale adds another level of security.” ### Response: NO

NO

Cotton farmers in Rajasthan and Punjab will get the benefit of traceabilityCotton farmers in Rajasthan and Punjab of India will get the benefit of traceability as CottonConnect and Haelixa have announced their new partnership to deliver comprehensive traceability around cotton. Using CottonConnect’s digital traceability platform TraceBale and Haelixa’s DNA marker, it will allow cotton fibres to be fully traced using digital and physical traceability solutions.London-based CottonConnect is a pioneering social enterprise reimagining the future for supply chains. Haelixa Ltd., pioneers developing and commercialising physical product traceability solutions to ensure complete end-to-end supply-chain transparency.The initiative will start with yarn from their pilot project in Rajasthan and Punjab. This will help ensure that the marked material is used to manufacture the finished product and is traceable in the supply chain.During the project, the DNA marker is applied at the ginning stage; when the cotton fibre is separated from the seed, the lint cotton is sprayed with the DNA marker. Once the marker adheres to the fibre, all the material manufactured from that cotton can be tested at any point in the supply chain, proving that the same DNA-marked fibre was used to manufacture specific garments.It can then be digitally traced through CottonConnect’s proprietary software tool, TraceBale, which based on its ‘bottom-up’ data gathering approach, provides visibility to the cotton journey from the farm group to the finished product. The project aims to prove that traceability will create transparency in the value chain, support circularity, and validate any sustainability claims.Alison Ward, CEO of CottonConnect, said, “At CottonConnect, we’ve been developing traceability solutions for ten years now, including our digital tool TraceBale, which is enabling brands to build a granular view of their cotton supply. We’re delighted to see new methods of validating our work. The DNA marker is helping deliver an integrated platform that is the future for retailers seeking traceability solutions.”Abdelkader Amouche, Commercial Director of Haelixa, said, “As the textile industry begins to focus more on responsible choices, we know there is no one size fits all solution. Leveraging digital and physical traceability together reduces the risk for manufacturers and brands. Testing for our markers in the supply chain provides forensic proof of the value chain, and adding TraceBale adds another level of security.”

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Milk Price Tracker: Downward trend continuesThe latest Milk Price Tracker – brought to you by Agriland and the Irish Creamery Milk Suppliers’ Association (ICMSA) – details milk prices from the most significant Irish dairy co-ops for the month of April. For each co-op, a green arrow indicates an increase in base milk price (compared with the previous month); a blank space signifies no change; and a red arrow indicates a drop in base milk price. It is important to note that the cent-per-litre (c/L) milk prices – shown in the table below – are calculated using the widely accepted milk-pricing system. This is an approach employed by most Irish co-ops. It should also be noted that, when calculating the base prices (on a c/L basis), we have used a fixed-mass density factor to convert from kilograms (kg) to litres (L).The conversion factor used is 1.03, meaning 1L of milk corresponds to 1.03kg of milk. The Irish c/L milk prices – quoted in the table – are base prices at the standard fat and protein percentages cited by the vast majority of co-ops (3.3% protein and 3.6% fat). We also include base prices at standard European criteria (3.4% protein and 4.2% fat). Furthermore, there is a column detailing what we describe as the maximum attainable price, which is based on consistent levels of 3.3% protein and 3.6% fat. The milk prices in the table below are those quoted by co-ops for the month of April (2023).All bonus and penalty payments are based on manufacturing milk. The VAT rate changed from 5.6% to 5.5% as per Budget 2023. Further details of bonuses and penalties for April’s Milk Price Tracker can be found by clicking here. With regard to the Milk Price Tracker above, please see these explanatory notes (all bonus and penalty payments are based on manufacturing milk): ### Response: NO

NO

Milk Price Tracker: Downward trend continuesThe latest Milk Price Tracker – brought to you by Agriland and the Irish Creamery Milk Suppliers’ Association (ICMSA) – details milk prices from the most significant Irish dairy co-ops for the month of April. For each co-op, a green arrow indicates an increase in base milk price (compared with the previous month); a blank space signifies no change; and a red arrow indicates a drop in base milk price. It is important to note that the cent-per-litre (c/L) milk prices – shown in the table below – are calculated using the widely accepted milk-pricing system. This is an approach employed by most Irish co-ops. It should also be noted that, when calculating the base prices (on a c/L basis), we have used a fixed-mass density factor to convert from kilograms (kg) to litres (L).The conversion factor used is 1.03, meaning 1L of milk corresponds to 1.03kg of milk. The Irish c/L milk prices – quoted in the table – are base prices at the standard fat and protein percentages cited by the vast majority of co-ops (3.3% protein and 3.6% fat). We also include base prices at standard European criteria (3.4% protein and 4.2% fat). Furthermore, there is a column detailing what we describe as the maximum attainable price, which is based on consistent levels of 3.3% protein and 3.6% fat. The milk prices in the table below are those quoted by co-ops for the month of April (2023).All bonus and penalty payments are based on manufacturing milk. The VAT rate changed from 5.6% to 5.5% as per Budget 2023. Further details of bonuses and penalties for April’s Milk Price Tracker can be found by clicking here. With regard to the Milk Price Tracker above, please see these explanatory notes (all bonus and penalty payments are based on manufacturing milk):

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: US makes rare soybean purchase from BrazilBrazil is exporting 178,800 tonnes of soybeans to buyers in the United States, shipping data seen by Reuters showed, as the price of the oilseed in the South American country, the world's largest soybean supplier, is a bargain even for importers in the No. 2 producing nation, reported Reuters.According to May 30 data from Williams, a shipping agency, three vessels loaded with Brazilian soybeans will leave ports in the northern part of the South American nation between June 4 and June 11. Two others departed Brazilian ports last week.The purchases reflect Brazil's growing clout as an agriculture exporter. The country has surpassed the United States in exports of soy and, more recently, corn.The data identifies the buyers as chicken producer Perdue Farms and global grains merchant Archer-Daniels-Midland Co. The Floriana, to be loaded with 32,000 tonnes of Brazilian soybeans, will be loaded at a Cargill terminal at the port of Santarem.'Imports are a small but important element of our supply chain,' said Scott Fredericksen, president of Perdue AgriBusiness, a division of Perdue Farms. 'As recent soybean crush rates in the US are at a record high, we look to several countries, primarily in South America, to fill the gap in what’s grown domestically.'Cargill and ADM did not immediately respond to requests for comment.The 178,800 tonnes of Brazilian soybeans being shipped to the United States would be the largest since 2014, when imports hit a record 1.048 million tonnes, according to US Census Bureau trade data.Analysts had said the economics of the US importing soy made sense, as Brazil is on track to harvest more than 154 million tonnes of soybeans this season, its biggest crop ever.The cost of grain not including freight in Brazil is $1.09 per bushel cheaper than US beans for near-term shipment, John Stewart and Associates wrote in a note to clients on Tuesday, explaining imports therefore made sense for some East Coast crushers. ### Response: YES

YES

US makes rare soybean purchase from BrazilBrazil is exporting 178,800 tonnes of soybeans to buyers in the United States, shipping data seen by Reuters showed, as the price of the oilseed in the South American country, the world's largest soybean supplier, is a bargain even for importers in the No. 2 producing nation, reported Reuters.According to May 30 data from Williams, a shipping agency, three vessels loaded with Brazilian soybeans will leave ports in the northern part of the South American nation between June 4 and June 11. Two others departed Brazilian ports last week.The purchases reflect Brazil's growing clout as an agriculture exporter. The country has surpassed the United States in exports of soy and, more recently, corn.The data identifies the buyers as chicken producer Perdue Farms and global grains merchant Archer-Daniels-Midland Co. The Floriana, to be loaded with 32,000 tonnes of Brazilian soybeans, will be loaded at a Cargill terminal at the port of Santarem.'Imports are a small but important element of our supply chain,' said Scott Fredericksen, president of Perdue AgriBusiness, a division of Perdue Farms. 'As recent soybean crush rates in the US are at a record high, we look to several countries, primarily in South America, to fill the gap in what’s grown domestically.'Cargill and ADM did not immediately respond to requests for comment.The 178,800 tonnes of Brazilian soybeans being shipped to the United States would be the largest since 2014, when imports hit a record 1.048 million tonnes, according to US Census Bureau trade data.Analysts had said the economics of the US importing soy made sense, as Brazil is on track to harvest more than 154 million tonnes of soybeans this season, its biggest crop ever.The cost of grain not including freight in Brazil is $1.09 per bushel cheaper than US beans for near-term shipment, John Stewart and Associates wrote in a note to clients on Tuesday, explaining imports therefore made sense for some East Coast crushers.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: India’s wheat, rice stocks comfortable to meet needs, says Food MinistryIndia’s wheat and rice stocks in the Central Pool is comfortable at over 57.9 million tonnes (mt) and the country can meet its foodgrain requirements, the Food Ministry said on Thursday. “The combined stock position of wheat and rice in the Central pool is over 57.9 mt (wheat 31.2 mt and rice 26.7 mt) which has placed the country in a comfortable position to meet its requirements of food grains,” the Ministry said in a statement.The situation is better than as of May 1 when the Central pool stocks were 55.53 mt with wheat making up 29.02 mt and rice 26.5 mt. In addition to rice and wheat, the Food Corporation of India, which maintains the Central pool, holds 22.69 mt of paddy (which can yield 14.52 mt of rice) and 0.5 mt of coarse grains.The stocks are well above the mandatory norm of 21.04 mt for the period, including strategic reserves of 3 mt of wheat and 2 mt of rice. However, the Central pool stocks are at a 6-year low with wheat stocks at 15-year low and rice at 4-year low. The Ministry said the procurement of rice is going on smoothly, while that of wheat “has  progressed smoothly”. The FCI has procured 38.5 mt of rice till May 30 during the kharif marketing season with another 11 mt set to be purchased further. In addition, 10.6 mt  rice has been estimated to be procured during the rabi marketing season,” it said. The progressive procurement of wheat is 26.3 mt till May 30, surpassing last year’s purchase of 18.8 mt. The procurement has ended in some of the key States. About 21.27 lakh farmers have benefited from the wheat procurement at the minimum support price (MSP) of ₹2,125 a quintal resulting in an outflow of about ₹47,000 crore for the government. Major contributions in the wheat procurement came from Punjab, Madhya Pradesh and Haryana with procurement of 12.13 mt, 7.09 mt and 6.32  mt, respectively.The government’s decision to relax quality specification in wheat, which were affected due to untimely rains, and opening up of procurement centres in village and panchayat level helped in “healthy procurement”, the Ministry said. Procurement through co-operative societies, gram Ppanchayats and arhatiyas (commission agents) and engaging farmer producer organisations for the Central pool purchase were additional factors that aided the Centre. Comments ### Response: YES

YES

India’s wheat, rice stocks comfortable to meet needs, says Food MinistryIndia’s wheat and rice stocks in the Central Pool is comfortable at over 57.9 million tonnes (mt) and the country can meet its foodgrain requirements, the Food Ministry said on Thursday. “The combined stock position of wheat and rice in the Central pool is over 57.9 mt (wheat 31.2 mt and rice 26.7 mt) which has placed the country in a comfortable position to meet its requirements of food grains,” the Ministry said in a statement.The situation is better than as of May 1 when the Central pool stocks were 55.53 mt with wheat making up 29.02 mt and rice 26.5 mt. In addition to rice and wheat, the Food Corporation of India, which maintains the Central pool, holds 22.69 mt of paddy (which can yield 14.52 mt of rice) and 0.5 mt of coarse grains.The stocks are well above the mandatory norm of 21.04 mt for the period, including strategic reserves of 3 mt of wheat and 2 mt of rice. However, the Central pool stocks are at a 6-year low with wheat stocks at 15-year low and rice at 4-year low. The Ministry said the procurement of rice is going on smoothly, while that of wheat “has  progressed smoothly”. The FCI has procured 38.5 mt of rice till May 30 during the kharif marketing season with another 11 mt set to be purchased further. In addition, 10.6 mt  rice has been estimated to be procured during the rabi marketing season,” it said. The progressive procurement of wheat is 26.3 mt till May 30, surpassing last year’s purchase of 18.8 mt. The procurement has ended in some of the key States. About 21.27 lakh farmers have benefited from the wheat procurement at the minimum support price (MSP) of ₹2,125 a quintal resulting in an outflow of about ₹47,000 crore for the government. Major contributions in the wheat procurement came from Punjab, Madhya Pradesh and Haryana with procurement of 12.13 mt, 7.09 mt and 6.32  mt, respectively.The government’s decision to relax quality specification in wheat, which were affected due to untimely rains, and opening up of procurement centres in village and panchayat level helped in “healthy procurement”, the Ministry said. Procurement through co-operative societies, gram Ppanchayats and arhatiyas (commission agents) and engaging farmer producer organisations for the Central pool purchase were additional factors that aided the Centre. Comments

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: India considers slashing import taxes on solar panelsIndia is considering reducing import taxes on solar panels and seeking a rollback in goods and services taxes (GST) on these devices to address a shortage in local production and meet the increasing demand for renewable energy. ### Response: YES

YES

India considers slashing import taxes on solar panelsIndia is considering reducing import taxes on solar panels and seeking a rollback in goods and services taxes (GST) on these devices to address a shortage in local production and meet the increasing demand for renewable energy.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Government to establish food grain warehouses across IndiaThe Indian government reportedly plans to implement the 'world's largest foodgrain storage scheme' by establishing warehouses in every block across the country. Minister Anurag Thakur announced the initiative, which will be funded with an allocation of around Rs 1 lakh crore. The scheme aims to address the issues of foodgrain damage caused by inadequate storage, distress sales by farmers, import dependency, and unemployment in rural areas. Under the scheme, a godown with a capacity of 2000 tonnes will be constructed in each block or district subdivision. An inter-ministerial committee will oversee the implementation, utilizing funds already designated for other programmes. Farmers will not only be able to store their produce in these facilities but also obtain up to 70% of loans from cooperative societies. The pilot phase will be launched in ten districts before expanding nationwide. The initiative is expected to boost food security, improve farmers' income through better prices for their goods, and reduce transportation costs. The goal is to increase India's foodgrain storage capacity in the cooperative sector by 70 million tonnes over the next five years, expanding the current capacity of 145 million tonnes to 215 million tonnes and primary agricultural credit societies and block federations will be responsible for creating and operating the storage infrastructure. ### Response: YES

YES

Government to establish food grain warehouses across IndiaThe Indian government reportedly plans to implement the 'world's largest foodgrain storage scheme' by establishing warehouses in every block across the country. Minister Anurag Thakur announced the initiative, which will be funded with an allocation of around Rs 1 lakh crore. The scheme aims to address the issues of foodgrain damage caused by inadequate storage, distress sales by farmers, import dependency, and unemployment in rural areas. Under the scheme, a godown with a capacity of 2000 tonnes will be constructed in each block or district subdivision. An inter-ministerial committee will oversee the implementation, utilizing funds already designated for other programmes. Farmers will not only be able to store their produce in these facilities but also obtain up to 70% of loans from cooperative societies. The pilot phase will be launched in ten districts before expanding nationwide. The initiative is expected to boost food security, improve farmers' income through better prices for their goods, and reduce transportation costs. The goal is to increase India's foodgrain storage capacity in the cooperative sector by 70 million tonnes over the next five years, expanding the current capacity of 145 million tonnes to 215 million tonnes and primary agricultural credit societies and block federations will be responsible for creating and operating the storage infrastructure.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Wheat procurement crosses 260 LMT mark in RMS 2023-24 till date...Wheat procurement during the ongoing Rabi Marketing Season (RMS) 2023-24 has progressed smoothly. The progressive procurement of wheat in the current season till 30.05.2023 is 262 Lakh Metric Ton (LMT) which has already surpassed last year’s total procurement of 188 LMT by 74 LMT. About 21.27 Lakh farmers have already been benefitted from the ongoing wheat procurement operations with Minimum Support Price (MSP) outflow of about Rs. 47,000 crores. Major contribution in the procurement has come from three procuring states of Punjab, Madhya Pradesh and Haryana with procurement of 121.27 LMT, 70.98 LMT and 63.17 LMT respectively. The major contributing factors in healthy procurement this year has been the grant of relaxation by the Government of India in quality specifications of wheat affected due to untimely rains; opening of procurement centres at village/ panchayat level; carrying out procurement through Co-operative Societies/ Gram Panchayats/ Arhatias etc. in addition to designated procurement centres for better outreach and permission to engage FPOs for procurement operations. The rice procurement is also progressing smoothly. A quantity of 385 LMT of rice has been procured till 30.05.2023 during the Kharif crop of Kharif Marketing Season (KMS) 2022-23 with another 110 LMT yet to be procured. Further, a quantity of 106 LMT rice has been estimated to be procured during the Rabi crop of KMS 2022-23. The combined stock position of wheat and rice in the Central Pool is over 579 LMT (Wheat 312 LMT and Rice 267 LMT) which has placed the country in a comfortable position to meet its requirements of food grains. (Source: PIB) ### Response: NO

NO

Wheat procurement crosses 260 LMT mark in RMS 2023-24 till date...Wheat procurement during the ongoing Rabi Marketing Season (RMS) 2023-24 has progressed smoothly. The progressive procurement of wheat in the current season till 30.05.2023 is 262 Lakh Metric Ton (LMT) which has already surpassed last year’s total procurement of 188 LMT by 74 LMT. About 21.27 Lakh farmers have already been benefitted from the ongoing wheat procurement operations with Minimum Support Price (MSP) outflow of about Rs. 47,000 crores. Major contribution in the procurement has come from three procuring states of Punjab, Madhya Pradesh and Haryana with procurement of 121.27 LMT, 70.98 LMT and 63.17 LMT respectively. The major contributing factors in healthy procurement this year has been the grant of relaxation by the Government of India in quality specifications of wheat affected due to untimely rains; opening of procurement centres at village/ panchayat level; carrying out procurement through Co-operative Societies/ Gram Panchayats/ Arhatias etc. in addition to designated procurement centres for better outreach and permission to engage FPOs for procurement operations. The rice procurement is also progressing smoothly. A quantity of 385 LMT of rice has been procured till 30.05.2023 during the Kharif crop of Kharif Marketing Season (KMS) 2022-23 with another 110 LMT yet to be procured. Further, a quantity of 106 LMT rice has been estimated to be procured during the Rabi crop of KMS 2022-23. The combined stock position of wheat and rice in the Central Pool is over 579 LMT (Wheat 312 LMT and Rice 267 LMT) which has placed the country in a comfortable position to meet its requirements of food grains. (Source: PIB)

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Gold futures hit $2,000, poised for best week since MarchThe front-month gold contract on New York’s Comex settled at $1,995.50 an ounce, up $13.40, or 0.7%, on the day. The benchmark gold futures hit a two-week high of $2,000.65 earlier. For the week, gold is looking at a return of 2.6%, its most since the week to March 10.The spot price of gold, which reflects physical trades in bullion and is more closely followed than futures by some traders, was at $1,976.39 by 14:53 ET (18:53 GMT), up $13.72 or 0.7% on the day. Spot gold got to as high as $1,983.17 earlier in the session.The Dollar Index, which pits the U.S. currency against six competing majors, had its biggest one-day tumble since March 10, falling 0.7%, to a session low of 103.435. The drop came after an industry report showed layoffs in the U.S. tech, retail and auto sectors surged last month as overall hirings came in at the lowest since 2016.The data by employment tracker Challenger, Gray & Christmas, Inc offered an alternative view to the notion that the labor market was still too strong and feeding inflation persistently. It could influence the Federal Reserve to look the other way instead of raising rates for an 11th time in 16 months when the central bank’s policy-makers sit on June 14.The dollar also fell as Patrick Timothy Harker, one of the Fed policymakers and its president for the region of Philadelphia, said on Thursday the central bank “should at least skip raising rates in June.”All eyes — at least on the gold market — are now on Friday’s non-farm payrolls report for May. The Fed has identified runaway jobs and wage growth since the worst of the COVID-19 breakout three years ago as among the principal reasons for some of the worst U.S. inflation in 40 years.Economists are projecting a growth of 180,000 for May’s non-farm payrolls report, versus April’s 253,000. Any figure below 200,0000 reported by the Labor Department would be viewed as dollar-negative and gold-positive.“Gold prices are enjoying some soft U.S. data that is bringing down those Fed rate hike odds,” said Ed Moya, analyst at online trading platform OANDA. “If the U.S. jobs report doesn’t impress, that could be the catalyst that takes gold back above the $2,000 level.” ### Response: YES

YES

Gold futures hit $2,000, poised for best week since MarchThe front-month gold contract on New York’s Comex settled at $1,995.50 an ounce, up $13.40, or 0.7%, on the day. The benchmark gold futures hit a two-week high of $2,000.65 earlier. For the week, gold is looking at a return of 2.6%, its most since the week to March 10.The spot price of gold, which reflects physical trades in bullion and is more closely followed than futures by some traders, was at $1,976.39 by 14:53 ET (18:53 GMT), up $13.72 or 0.7% on the day. Spot gold got to as high as $1,983.17 earlier in the session.The Dollar Index, which pits the U.S. currency against six competing majors, had its biggest one-day tumble since March 10, falling 0.7%, to a session low of 103.435. The drop came after an industry report showed layoffs in the U.S. tech, retail and auto sectors surged last month as overall hirings came in at the lowest since 2016.The data by employment tracker Challenger, Gray & Christmas, Inc offered an alternative view to the notion that the labor market was still too strong and feeding inflation persistently. It could influence the Federal Reserve to look the other way instead of raising rates for an 11th time in 16 months when the central bank’s policy-makers sit on June 14.The dollar also fell as Patrick Timothy Harker, one of the Fed policymakers and its president for the region of Philadelphia, said on Thursday the central bank “should at least skip raising rates in June.”All eyes — at least on the gold market — are now on Friday’s non-farm payrolls report for May. The Fed has identified runaway jobs and wage growth since the worst of the COVID-19 breakout three years ago as among the principal reasons for some of the worst U.S. inflation in 40 years.Economists are projecting a growth of 180,000 for May’s non-farm payrolls report, versus April’s 253,000. Any figure below 200,0000 reported by the Labor Department would be viewed as dollar-negative and gold-positive.“Gold prices are enjoying some soft U.S. data that is bringing down those Fed rate hike odds,” said Ed Moya, analyst at online trading platform OANDA. “If the U.S. jobs report doesn’t impress, that could be the catalyst that takes gold back above the $2,000 level.”

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Set up processing plant in chilli belt: Punjab Speaker Kultar Singh Sandhwan Our Correspondent Ferozepur, May 31Following his visit to this border district last week during which the chilli cultivators had shared their grievances and concerns, Speaker Kultar Singh Sandhwan convened a meeting of various stakeholders, including officials from Agriculture Department, Punjab Mandi Board, Punjab Agro Export Corporation and chilli cultivators at the Vidhan Sabha Secretariat in Chandigarh. The meeting explored the feasibility of setting up a processing plant in the chilli belt of the district.Sandhwan said the cultivation of crop on around 40, 000 acres in Ferozepur had reduced the state’s dependence on Mexico, the largest chilli producing country.Asserting that it was the duty of the state government to set up a chilli processing plant in the region, he said with this facility, the chilli crop could be processed here and supplied for domestic consumption.Sandhwan asked officials to explore feasibility of providing facilities such as processing plant and dryer to parch the chillies, besides setting up a research centre to develop new varieties and cold storage chain. He said he would review the status after a month.Further to encourage farmers for diversification, the Speaker asked Ranbir Singh, general manager, Punjab Agro Export Corporation, to involve farmers while fixing the price of the produce. He lauded farmers who had formed a group to purchase chillies on their own from small and marginal counterparts.On the occasion, several MLAs including Fauja Singh Sarari, Ranbir Singh, Davinderjit Singh Ladi Dhos, Naresh Kataria, Gurditt Singh Sekhon, besides Punjab Agro Export Corporation Chairman Mangal Singh, Horticulture Secretary Arshdeep Singh Thind and Director Shailender Kaur and chilli farmers representatives, including Hardeep Singh, Balwinder Singh, Lakhwinder Singh, Jagmeet Singh and Shamsher Singh, were present at the meeting. #Agriculture #Ferozepur #kultar singh sandhwan ### Response: YES

YES

Set up processing plant in chilli belt: Punjab Speaker Kultar Singh Sandhwan Our Correspondent Ferozepur, May 31Following his visit to this border district last week during which the chilli cultivators had shared their grievances and concerns, Speaker Kultar Singh Sandhwan convened a meeting of various stakeholders, including officials from Agriculture Department, Punjab Mandi Board, Punjab Agro Export Corporation and chilli cultivators at the Vidhan Sabha Secretariat in Chandigarh. The meeting explored the feasibility of setting up a processing plant in the chilli belt of the district.Sandhwan said the cultivation of crop on around 40, 000 acres in Ferozepur had reduced the state’s dependence on Mexico, the largest chilli producing country.Asserting that it was the duty of the state government to set up a chilli processing plant in the region, he said with this facility, the chilli crop could be processed here and supplied for domestic consumption.Sandhwan asked officials to explore feasibility of providing facilities such as processing plant and dryer to parch the chillies, besides setting up a research centre to develop new varieties and cold storage chain. He said he would review the status after a month.Further to encourage farmers for diversification, the Speaker asked Ranbir Singh, general manager, Punjab Agro Export Corporation, to involve farmers while fixing the price of the produce. He lauded farmers who had formed a group to purchase chillies on their own from small and marginal counterparts.On the occasion, several MLAs including Fauja Singh Sarari, Ranbir Singh, Davinderjit Singh Ladi Dhos, Naresh Kataria, Gurditt Singh Sekhon, besides Punjab Agro Export Corporation Chairman Mangal Singh, Horticulture Secretary Arshdeep Singh Thind and Director Shailender Kaur and chilli farmers representatives, including Hardeep Singh, Balwinder Singh, Lakhwinder Singh, Jagmeet Singh and Shamsher Singh, were present at the meeting. #Agriculture #Ferozepur #kultar singh sandhwan

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Himachal Pradesh farmers encouraged to cultivate millets Our Correspondent Chamba, May 31The state Agriculture Department is motivating farmers to cultivate millets in at least one or two fields and include these in their daily diet to stay healthy. This is being done as this year is being celebrated as International Year of Millets.“Agricultural training and awareness camps are being organised in ‘aspirational’ Chamba district to make farmers aware of new techniques and public welfare schemes of the government,” said Dr Kuldeep Dhiman, Deputy Director, Agriculture.He said arrangements were being made under a special action plan to promote natural farming. So far, 14, 130 farmers of the district had adopted natural farming on about 1, 646 hectares, he added.Dhiman said, “The Agriculture Department has provided Rs 13.87 crore to the farmers of the district under various farm schemes.”About the availability of seeds in the district under various schemes, he said 1, 786 quintals of wheat, 2, 246 quintals of maize and 127.6 quintals of paddy seeds had been distributed among farmers. #Agriculture #chamba ### Response: NO

NO

Himachal Pradesh farmers encouraged to cultivate millets Our Correspondent Chamba, May 31The state Agriculture Department is motivating farmers to cultivate millets in at least one or two fields and include these in their daily diet to stay healthy. This is being done as this year is being celebrated as International Year of Millets.“Agricultural training and awareness camps are being organised in ‘aspirational’ Chamba district to make farmers aware of new techniques and public welfare schemes of the government,” said Dr Kuldeep Dhiman, Deputy Director, Agriculture.He said arrangements were being made under a special action plan to promote natural farming. So far, 14, 130 farmers of the district had adopted natural farming on about 1, 646 hectares, he added.Dhiman said, “The Agriculture Department has provided Rs 13.87 crore to the farmers of the district under various farm schemes.”About the availability of seeds in the district under various schemes, he said 1, 786 quintals of wheat, 2, 246 quintals of maize and 127.6 quintals of paddy seeds had been distributed among farmers. #Agriculture #chamba

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Gold falls by ₹150 to ₹60,250; silver jumps ₹150Gold prices eased ₹150 to ₹60,250 per 10 grams in the national capital on Thursday amid a fall in yellow metal price overseas, according to HDFC Securities. The precious metal had ended at ₹60,400 per 10 grams in the previous trade.Silver, however, jumped ₹150 to ₹72,900 per kg.'Spot gold prices in the Delhi markets traded at ₹60,250/10 grams, down ₹150 per 10 grams,' Saumil Gandhi, Senior Analyst - Commodities at HDFC Securities, said.In the international markets, gold was quoting lower at $1,955 per ounce, while silver was marginally up at $23.27 per ounce.Sensex and Nifty end lower in volatile trade as banking and metal stocks weighPower consumption grows marginally by 1.04% to 136.56 billion units in May“Comex gold prices edged lower in Asian trading hours on Thursday as the dollar and bond yields rebounded from lows in Wednesday’s session,” Sriram Iyer, Senior Research Analyst at Reliance Securities, said. Meanwhile, the country has slashed the base import prices of crude palm oil, soya oil, gold, and silver as prices on the world market corrected, the government said in a statement late on Wednesday. Comments ### Response: YES

YES

Gold falls by ₹150 to ₹60,250; silver jumps ₹150Gold prices eased ₹150 to ₹60,250 per 10 grams in the national capital on Thursday amid a fall in yellow metal price overseas, according to HDFC Securities. The precious metal had ended at ₹60,400 per 10 grams in the previous trade.Silver, however, jumped ₹150 to ₹72,900 per kg.'Spot gold prices in the Delhi markets traded at ₹60,250/10 grams, down ₹150 per 10 grams,' Saumil Gandhi, Senior Analyst - Commodities at HDFC Securities, said.In the international markets, gold was quoting lower at $1,955 per ounce, while silver was marginally up at $23.27 per ounce.Sensex and Nifty end lower in volatile trade as banking and metal stocks weighPower consumption grows marginally by 1.04% to 136.56 billion units in May“Comex gold prices edged lower in Asian trading hours on Thursday as the dollar and bond yields rebounded from lows in Wednesday’s session,” Sriram Iyer, Senior Research Analyst at Reliance Securities, said. Meanwhile, the country has slashed the base import prices of crude palm oil, soya oil, gold, and silver as prices on the world market corrected, the government said in a statement late on Wednesday. Comments

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Steel mills call for rationalisation of GST rates on raw materials, by-products The Indian Steel Association (ISA), an industry body of major steel mills that include the likes of Tata Steel, JSW, SAIL, JSPL, among others – has written to the Finance Ministry seeking rationalisation of GST rates on some steel-making raw materials like scrap and also by-products like slag. The pitch is to bring rates down to 5 per cent, from the existing 18 per cent, across the two categories to avoid tax evasion, litigation and penal action, and also bring down disruptions in the supply chain. A copy of the letter, reviewed by businessline, has also been forwarded to the Steel Ministry. In its letter, the Association argued, rationalisation of GST rate on steel scrap from 18 per cent to 5 per cent will help curb evasion of taxes. And the reduction of rates will not have any impact to government revenue. The GST input tax credit is available on scrap used in the production of steel products, the letter by ISA to Revenue Secretary, Sanjay Malhotra, said. Higher GST rate on scrap has led to increase in instance of evasion, specially when the sector is predominantly unorganised. Indian steel mills go back to traditional import markets, pushing Russia out of top five Steel-makers find it difficult to provide proof of purchase as there is no mechanism in place to check the credibility of the input tax credit taken by the scrap dealers. In case of ongoing investigations by tax authorities, there is a restriction the entry of goods supplied by such dealers into the factory premises of the manufacturers. This leads “to disruption of the value chain,” the letter mentioned. A new provision in GST to restrict or disallow input tax credit to buyers on the GST invoices issued by non- compliant suppliers could also lead to “financial hardship and delay in availing legitimate input tax credit for genuine buyers,” it added in the letter. “Shifting the liability of GST from forward charge mechanism to reverse charge mechanism on supply of scrap, and reduction of GST rate on steel slag, presently at 18 per cent, to be brought down to 5 per cent to have parity with blast furnace slag or fly ash slag,” it further added. The rate for blast furnace slag and fly ash is currently at 5 per cent. In the steel making process, there are two types of slags – blast furnace slag, which is generated when iron ore and coke is processed to make hot metal; and slag ash that is generated as a by-product generated at the time of conversion of hot metal to steel. The blast furnace slag is used in cement making. However, steel slag (also called LD slag), is identified for piloted as an alternative for usage in areas like cement making, roads, marine ecology, soil conditioner, and so on. “...the high GST rate on LD slag (at 18 per cent) is proving to be a deterrent in its widespread adoption,” the letter said. Comments ### Response: YES

YES

Steel mills call for rationalisation of GST rates on raw materials, by-products The Indian Steel Association (ISA), an industry body of major steel mills that include the likes of Tata Steel, JSW, SAIL, JSPL, among others – has written to the Finance Ministry seeking rationalisation of GST rates on some steel-making raw materials like scrap and also by-products like slag. The pitch is to bring rates down to 5 per cent, from the existing 18 per cent, across the two categories to avoid tax evasion, litigation and penal action, and also bring down disruptions in the supply chain. A copy of the letter, reviewed by businessline, has also been forwarded to the Steel Ministry. In its letter, the Association argued, rationalisation of GST rate on steel scrap from 18 per cent to 5 per cent will help curb evasion of taxes. And the reduction of rates will not have any impact to government revenue. The GST input tax credit is available on scrap used in the production of steel products, the letter by ISA to Revenue Secretary, Sanjay Malhotra, said. Higher GST rate on scrap has led to increase in instance of evasion, specially when the sector is predominantly unorganised. Indian steel mills go back to traditional import markets, pushing Russia out of top five Steel-makers find it difficult to provide proof of purchase as there is no mechanism in place to check the credibility of the input tax credit taken by the scrap dealers. In case of ongoing investigations by tax authorities, there is a restriction the entry of goods supplied by such dealers into the factory premises of the manufacturers. This leads “to disruption of the value chain,” the letter mentioned. A new provision in GST to restrict or disallow input tax credit to buyers on the GST invoices issued by non- compliant suppliers could also lead to “financial hardship and delay in availing legitimate input tax credit for genuine buyers,” it added in the letter. “Shifting the liability of GST from forward charge mechanism to reverse charge mechanism on supply of scrap, and reduction of GST rate on steel slag, presently at 18 per cent, to be brought down to 5 per cent to have parity with blast furnace slag or fly ash slag,” it further added. The rate for blast furnace slag and fly ash is currently at 5 per cent. In the steel making process, there are two types of slags – blast furnace slag, which is generated when iron ore and coke is processed to make hot metal; and slag ash that is generated as a by-product generated at the time of conversion of hot metal to steel. The blast furnace slag is used in cement making. However, steel slag (also called LD slag), is identified for piloted as an alternative for usage in areas like cement making, roads, marine ecology, soil conditioner, and so on. “...the high GST rate on LD slag (at 18 per cent) is proving to be a deterrent in its widespread adoption,” the letter said. Comments

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Graphene-Based Breakthrough in Hydrogen Peroxide ProductionNew research led by the University of Bath has shown that surface-modified graphene could transform the production of hydrogen peroxide (H ### Response: NO

NO

Graphene-Based Breakthrough in Hydrogen Peroxide ProductionNew research led by the University of Bath has shown that surface-modified graphene could transform the production of hydrogen peroxide (H

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Fzr may get plant for chilli processingBathinda: Punjab speaker Kultar Singh Sandhwan on Wednesday asked the agriculture department, mandi board, and Punjab Agro Export Corporation to explore possibilities of building a chilli-processing plant in Ferozepur. He sought a report within a month. After meeting the chilli cultivators, he said the crop was being grown on 40,000 acres in this belt, and it could reduce the state’s dependency on Mexico. TNN ### Response: NO

NO

Fzr may get plant for chilli processingBathinda: Punjab speaker Kultar Singh Sandhwan on Wednesday asked the agriculture department, mandi board, and Punjab Agro Export Corporation to explore possibilities of building a chilli-processing plant in Ferozepur. He sought a report within a month. After meeting the chilli cultivators, he said the crop was being grown on 40,000 acres in this belt, and it could reduce the state’s dependency on Mexico. TNN

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Nitin Gadkari for doubling agriculture share in GDP to achieve higher economic growth, says Modi govt focussed on rural sectorsNEW DELHI: Union road transport and highways minister Nitin Gadkari on Thursday pitched for doubling the share of agriculture in GDP to achieve higher economic growth as he asserted that the present government has put special focus on agriculture and rural sectors. Speaking at the Times Network India Economic Conclave here, Gadkari said, “The current share of agriculture in our GDP is barely 12%. We need to increase that to 24% to achieve the targeted economic growth. Even now 65% of our population is dependent on agriculture. In the last nine years, our government has put a thrust on agriculture and rural sectors.” Responding to a question on the 2024 general elections, Gadkari exuded confidence that the people will vote for the Modi government again because of the development that has happened in the last nine years. “2024 hum jitne wale hai (We will win 2024 Lok Sabha elections)…We believe in doing our work and don’t think much about the future,” the minister said. He added that the government doesn’t discriminate between NDA and non-NDA governed states for development work. Gadkari said the government’s focus is to make farmers “urjadata” (creator of energy) and not just “annadata” (provider of food). He said the government’s thrust on use of ethanol as vehicle fuel is now bearing fruit and the next focus is on putting an ecosystem in place to produce bitumen from rice stubble to reduce the import of this key road construction material. On his focus to promote green and alternative fuel, the minister said the government is mulling whether some interest subsidy can be provided for buying construction equipment vehicles that run on ethanol, methanol or electricity. “Presently, construction equipment run on diesel. I would like them to operate on green hydrogen, LNG and electricity. I am thinking of coming out with a policy under which loans can be provided to them at cheaper rates,” he said. The minister told the business leaders attending the conclave to focus more on “performance audit” of their work force rather than just “financial audit”. Gadkari said while chairing a review meeting at the NHAI headquarters on Monday, he directed its chairman and highway secretary to carry out the performance audit of officers. “Now performance audits of officers will be the basis for their appraisal and promotion,” he said. On the massive scale of highway development, he said soon people can reach Manali from Delhi in just six hours as highways have been expanded and new tunnels have been built. Gadkari also said that his ministry is looking at completing nearly 90% of ongoing highway projects worth Rs 65,000 crore in Delhi and surrounding areas by this year-end. “We are also looking at the option of a sky bus from SP Marg in Delhi via Dhaula Kuan to Gurgaon. Our focus is to make Delhi free from air, water and sound pollution. Delhi is the most polluted city,” he added. In response to a question on political faceoff between treasury and opposition, the minister said power politics is not the only politics. “We need to redefine the definition of politics. According to me, to serve the people, is the true meaning of politics,” he said. ### Response: YES

YES

Nitin Gadkari for doubling agriculture share in GDP to achieve higher economic growth, says Modi govt focussed on rural sectorsNEW DELHI: Union road transport and highways minister Nitin Gadkari on Thursday pitched for doubling the share of agriculture in GDP to achieve higher economic growth as he asserted that the present government has put special focus on agriculture and rural sectors. Speaking at the Times Network India Economic Conclave here, Gadkari said, “The current share of agriculture in our GDP is barely 12%. We need to increase that to 24% to achieve the targeted economic growth. Even now 65% of our population is dependent on agriculture. In the last nine years, our government has put a thrust on agriculture and rural sectors.” Responding to a question on the 2024 general elections, Gadkari exuded confidence that the people will vote for the Modi government again because of the development that has happened in the last nine years. “2024 hum jitne wale hai (We will win 2024 Lok Sabha elections)…We believe in doing our work and don’t think much about the future,” the minister said. He added that the government doesn’t discriminate between NDA and non-NDA governed states for development work. Gadkari said the government’s focus is to make farmers “urjadata” (creator of energy) and not just “annadata” (provider of food). He said the government’s thrust on use of ethanol as vehicle fuel is now bearing fruit and the next focus is on putting an ecosystem in place to produce bitumen from rice stubble to reduce the import of this key road construction material. On his focus to promote green and alternative fuel, the minister said the government is mulling whether some interest subsidy can be provided for buying construction equipment vehicles that run on ethanol, methanol or electricity. “Presently, construction equipment run on diesel. I would like them to operate on green hydrogen, LNG and electricity. I am thinking of coming out with a policy under which loans can be provided to them at cheaper rates,” he said. The minister told the business leaders attending the conclave to focus more on “performance audit” of their work force rather than just “financial audit”. Gadkari said while chairing a review meeting at the NHAI headquarters on Monday, he directed its chairman and highway secretary to carry out the performance audit of officers. “Now performance audits of officers will be the basis for their appraisal and promotion,” he said. On the massive scale of highway development, he said soon people can reach Manali from Delhi in just six hours as highways have been expanded and new tunnels have been built. Gadkari also said that his ministry is looking at completing nearly 90% of ongoing highway projects worth Rs 65,000 crore in Delhi and surrounding areas by this year-end. “We are also looking at the option of a sky bus from SP Marg in Delhi via Dhaula Kuan to Gurgaon. Our focus is to make Delhi free from air, water and sound pollution. Delhi is the most polluted city,” he added. In response to a question on political faceoff between treasury and opposition, the minister said power politics is not the only politics. “We need to redefine the definition of politics. According to me, to serve the people, is the true meaning of politics,” he said.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Centre buys 262 lakh tonne wheat so far this year from farmers at MSP; total payout at Rs 47,000 croreThe Centre has purchased 262 lakh tonnes of wheat so far this year at minimum support price (MSP) and paid about Rs 47,000 crore to farmers. 'Wheat procurement during the ongoing Rabi Marketing Season (RMS) 2023-24 has progressed smoothly. The progressive procurement of wheat in the current season till May 30 is 262 lakh tonnes, which has already surpassed last year's total procurement of 188 lakh tonnes by 74 lakh tonnes,' the Food Ministry said in a statement. About 21.27 lakh farmers have already benefitted from the ongoing wheat procurement operations with a minimum support price outflow of about Rs 47,000 crore, it added. The Rabi marketing season runs from April to March. However, the bulk of wheat procurement is done between April and June. Wheat is a major rabi (winter-sown) crop. Major contribution in the procurement has come from three states of Punjab, Madhya Pradesh and Haryana, with procurement of 121.27 lakh tonnes, 70.98 lakh tonnes and 63.17 lakh tonnes, respectively. The ministry attributed the rise in procurement to relaxation in quality specifications of wheat affected due to untimely rains, the opening of procurement centres at village/panchayat level, carrying out procurement through co-operative societies/ Gram Panchayats/Arhatias etc in addition to designated procurement centres. On rice procurement, it said that 'a quantity of 385 lakh tonnes of rice has been procured till May 30 during the Kharif crop of Kharif Marketing Season (KMS) 2022-23 with another 110 lakh tonnes yet to be procured. Further, a quantity of 106 lakh tonnes of rice has been estimated to be procured during the Rabi crop of KMS 2022-23'. KMS runs from October-September. 'The combined stock position of wheat and rice in the Central Pool is over 579 lakh tonnes (wheat 312 lakh tonnes and rice 267 lakh tonnes), which has placed the country in a comfortable position to meet its requirements of food grains,' the ministry said. ### Response: NO

NO

Centre buys 262 lakh tonne wheat so far this year from farmers at MSP; total payout at Rs 47,000 croreThe Centre has purchased 262 lakh tonnes of wheat so far this year at minimum support price (MSP) and paid about Rs 47,000 crore to farmers. 'Wheat procurement during the ongoing Rabi Marketing Season (RMS) 2023-24 has progressed smoothly. The progressive procurement of wheat in the current season till May 30 is 262 lakh tonnes, which has already surpassed last year's total procurement of 188 lakh tonnes by 74 lakh tonnes,' the Food Ministry said in a statement. About 21.27 lakh farmers have already benefitted from the ongoing wheat procurement operations with a minimum support price outflow of about Rs 47,000 crore, it added. The Rabi marketing season runs from April to March. However, the bulk of wheat procurement is done between April and June. Wheat is a major rabi (winter-sown) crop. Major contribution in the procurement has come from three states of Punjab, Madhya Pradesh and Haryana, with procurement of 121.27 lakh tonnes, 70.98 lakh tonnes and 63.17 lakh tonnes, respectively. The ministry attributed the rise in procurement to relaxation in quality specifications of wheat affected due to untimely rains, the opening of procurement centres at village/panchayat level, carrying out procurement through co-operative societies/ Gram Panchayats/Arhatias etc in addition to designated procurement centres. On rice procurement, it said that 'a quantity of 385 lakh tonnes of rice has been procured till May 30 during the Kharif crop of Kharif Marketing Season (KMS) 2022-23 with another 110 lakh tonnes yet to be procured. Further, a quantity of 106 lakh tonnes of rice has been estimated to be procured during the Rabi crop of KMS 2022-23'. KMS runs from October-September. 'The combined stock position of wheat and rice in the Central Pool is over 579 lakh tonnes (wheat 312 lakh tonnes and rice 267 lakh tonnes), which has placed the country in a comfortable position to meet its requirements of food grains,' the ministry said.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: India moves to strengthen grain storageNEW DELHI, INDIA — The government of India is launching a program to address a shortage of grain storage infrastructure, particularly at the local level, and strengthen the food security of the world’s most populous nation. The Union Cabinet chaired by Prime Minister Shri Narendra Modi approved an Inter Ministerial Committee (IMC) on May 31 to facilitate the “World’s Largest Grain Storage Plan in Cooperative Sector,” program, which entails setting up a variety of agricultural infrastructure, including warehouse, custom hiring center and processing units at the level of Primary Agricultural Credit Societies (PACS), transforming them into multipurpose entities. The IMC brings together programs from the Ministry of Agriculture and Farmers Welfare, Ministry of Consumer Affairs, Food and Public Distribution, and Ministry of Food Processing Industries under the auspices of the Ministry of Cooperation to implement a pilot project to provide insights from 10 selected districts that can then be expanded nationwide. PACS are the lowest tier of the Short-Term Cooperative Credit (STCC) structure in the country, providing short-term and medium-term credit and other input services such as seed, fertilizer, pesticide distribution and more to about 130 million farmer members. Within its diversified agriculture sector, India produces wheat, rice, corn, millet, sorghum, barley and soybeans, almost exclusively for domestic consumption by its 1.4 billion people. It is the world’s second-largest producer of wheat and rice behind only China. The multipronged plan foresees creation and modernization of grain storage infrastructure at the PACS level reducing food grain waste by creating sufficient storage capacity, strengthening food security and enabling farmers to realize better prices for their crops.“In view of the important role played by PACS at the grass-roots level in transforming the agricultural and rural landscape of Indian economy and to leverage their deep reach up to the last mile, this initiative has been undertaken to set up decentralized storage capacity at the level of PACS along with other agri-infrastructure, which would not only strengthen the food security of the country, but would also enable PACS to transform themselves into vibrant economic entities,” the government said. ### Response: NO

NO

India moves to strengthen grain storageNEW DELHI, INDIA — The government of India is launching a program to address a shortage of grain storage infrastructure, particularly at the local level, and strengthen the food security of the world’s most populous nation. The Union Cabinet chaired by Prime Minister Shri Narendra Modi approved an Inter Ministerial Committee (IMC) on May 31 to facilitate the “World’s Largest Grain Storage Plan in Cooperative Sector,” program, which entails setting up a variety of agricultural infrastructure, including warehouse, custom hiring center and processing units at the level of Primary Agricultural Credit Societies (PACS), transforming them into multipurpose entities. The IMC brings together programs from the Ministry of Agriculture and Farmers Welfare, Ministry of Consumer Affairs, Food and Public Distribution, and Ministry of Food Processing Industries under the auspices of the Ministry of Cooperation to implement a pilot project to provide insights from 10 selected districts that can then be expanded nationwide. PACS are the lowest tier of the Short-Term Cooperative Credit (STCC) structure in the country, providing short-term and medium-term credit and other input services such as seed, fertilizer, pesticide distribution and more to about 130 million farmer members. Within its diversified agriculture sector, India produces wheat, rice, corn, millet, sorghum, barley and soybeans, almost exclusively for domestic consumption by its 1.4 billion people. It is the world’s second-largest producer of wheat and rice behind only China. The multipronged plan foresees creation and modernization of grain storage infrastructure at the PACS level reducing food grain waste by creating sufficient storage capacity, strengthening food security and enabling farmers to realize better prices for their crops.“In view of the important role played by PACS at the grass-roots level in transforming the agricultural and rural landscape of Indian economy and to leverage their deep reach up to the last mile, this initiative has been undertaken to set up decentralized storage capacity at the level of PACS along with other agri-infrastructure, which would not only strengthen the food security of the country, but would also enable PACS to transform themselves into vibrant economic entities,” the government said.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: India slashes base import price of palm oil, goldIndia slashed the base import prices of crude palm oil, soya oil, gold, and silver as prices on the world market corrected, the government said in a statement late on Wednesday. The government revises the base import prices of edible oils, gold, and silver every fortnight, and the prices are used to calculate the amount of tax an importer needs to pay. India is the world's biggest importer of edible oils and silver and the second-biggest consumer of gold. Base prices for all commodities are in $ per tonne, except for gold and silver. The gold tariff is in $ per 10 grams and silver in $ per kg. Comments ### Response: YES

YES

India slashes base import price of palm oil, goldIndia slashed the base import prices of crude palm oil, soya oil, gold, and silver as prices on the world market corrected, the government said in a statement late on Wednesday. The government revises the base import prices of edible oils, gold, and silver every fortnight, and the prices are used to calculate the amount of tax an importer needs to pay. India is the world's biggest importer of edible oils and silver and the second-biggest consumer of gold. Base prices for all commodities are in $ per tonne, except for gold and silver. The gold tariff is in $ per 10 grams and silver in $ per kg. Comments

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Russia's share in oil imports at record 42%Russian oil accounted for 42% of India's total crude imports in May, up 15% month-on-month, defying analysts' expectations of a slowdown due to the Chinese competition.Russian oil accounted for 42% of India's total crude imports in May, up 15% month-on-month, defying analysts' expectations of a slowdown due to the Chinese competition. India imported a record 1.96 million barrels per day (mbd) from Russia in May, according to the energy cargo tracker Vortexa. This was more than the combined imports of 1.74 mbd from the next four largest suppliers - Iraq, Saudi Arabia, the UAE and the US. Supplies from Iraq, the UAE and the US increased marginally in May but Saudi exports to India fell nearly a fifth month-on-month. India's overall crude imports expanded 1.5% in May. Advt 'India has wrestled more Russian crude supplies from its strongest contender, China, in May and could possibly set new records again in June/July with refiners' voracious appetite for the discounted barrels,' said Serena Huang, an analyst at Vortexa. Chinese imports of seaborne Russian oil increased 6.5% month-on-month to 1.4 mbd in May while European imports rose 72% to 355,000 barrels per day (bpd). China also imports a substantial volume from Russia using pipelines. The share of Urals in India's imports of Russian crude remained steady at 71% in May. Urals is the flagship Russian crude that has almost always been available below the G7 price cap of $60 per barrel. Imports of Varandey and Sokol, two other Russian grades, increased in May. Urals is currently trading around $56 per barrel while Sokol is available for around $62. Indian refiners have been paying in US dollars for Russian oil priced below the G7 cap while using the UAE's Dirham for higher-priced trades. India's imports of refined products from Russia increased 40% to 174,000 bpd, with private refiners importing almost all of it. Naphtha, diesel and petrol accounted for less than 40% of the imported refined products. India's fuel exports to Europe fell 12% to 236,000 bpd on lower overall demand in the continent and higher supplies from the US. India's exports to the US more than doubled to 118,000 bpd from 50,000 bpd, spurred by the summer driving season in the world's largest oil consumer. Advt By Sanjeev Choudhary , ET Bureau Published On Jun 2, 2023 at 11:03 AM IST Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Enter Email Download ETEnergyworld App Get Realtime updates Save your favourite articles Scan to download App Telegram Facebook Copy Link Be the first one to comment. Comment Now COMMENTS Comment Now Read Comment (1) All Comments Post Post russian oil Russian oil sales saudi arabia crude oil oil import Home News Oil & Gas Russia's share in oil imports at record 42% ### Response: YES

YES

Russia's share in oil imports at record 42%Russian oil accounted for 42% of India's total crude imports in May, up 15% month-on-month, defying analysts' expectations of a slowdown due to the Chinese competition.Russian oil accounted for 42% of India's total crude imports in May, up 15% month-on-month, defying analysts' expectations of a slowdown due to the Chinese competition. India imported a record 1.96 million barrels per day (mbd) from Russia in May, according to the energy cargo tracker Vortexa. This was more than the combined imports of 1.74 mbd from the next four largest suppliers - Iraq, Saudi Arabia, the UAE and the US. Supplies from Iraq, the UAE and the US increased marginally in May but Saudi exports to India fell nearly a fifth month-on-month. India's overall crude imports expanded 1.5% in May. Advt 'India has wrestled more Russian crude supplies from its strongest contender, China, in May and could possibly set new records again in June/July with refiners' voracious appetite for the discounted barrels,' said Serena Huang, an analyst at Vortexa. Chinese imports of seaborne Russian oil increased 6.5% month-on-month to 1.4 mbd in May while European imports rose 72% to 355,000 barrels per day (bpd). China also imports a substantial volume from Russia using pipelines. The share of Urals in India's imports of Russian crude remained steady at 71% in May. Urals is the flagship Russian crude that has almost always been available below the G7 price cap of $60 per barrel. Imports of Varandey and Sokol, two other Russian grades, increased in May. Urals is currently trading around $56 per barrel while Sokol is available for around $62. Indian refiners have been paying in US dollars for Russian oil priced below the G7 cap while using the UAE's Dirham for higher-priced trades. India's imports of refined products from Russia increased 40% to 174,000 bpd, with private refiners importing almost all of it. Naphtha, diesel and petrol accounted for less than 40% of the imported refined products. India's fuel exports to Europe fell 12% to 236,000 bpd on lower overall demand in the continent and higher supplies from the US. India's exports to the US more than doubled to 118,000 bpd from 50,000 bpd, spurred by the summer driving season in the world's largest oil consumer. Advt By Sanjeev Choudhary , ET Bureau Published On Jun 2, 2023 at 11:03 AM IST Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Enter Email Download ETEnergyworld App Get Realtime updates Save your favourite articles Scan to download App Telegram Facebook Copy Link Be the first one to comment. Comment Now COMMENTS Comment Now Read Comment (1) All Comments Post Post russian oil Russian oil sales saudi arabia crude oil oil import Home News Oil & Gas Russia's share in oil imports at record 42%

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Iraq exports over 100 mn barrels of crude oil in MayBaghdad: Iraq exported about 102.46 million barrel of crude oil last month, generating $7.3 billion in revenue, the country's Oil Ministry announced. The average price for Iraqi crude oil in May was $71.3 per barrel, said the Ministry on Thursday in a statement, citing statistics from the State Organisation for Marketing of Oil, an Iraqi company. It added that crude oil exports during the month were from oil fields in central and southern Iraq via the port of Basra, Xinhua news agency reported. Iraq's economy heavily relies on crude oil exports, which account for more than 90 per cent of the country's revenues. Advt IANS Published On Jun 2, 2023 at 11:12 AM IST Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Enter Email Download ETEnergyworld App Get Realtime updates Save your favourite articles Scan to download App Telegram Facebook Copy Link Be the first one to comment. Comment Now COMMENTS Comment Now Read Comment (1) All Comments Post Post iraq oil ministry ministry xinhua news agency state organisation for marketing of oil Home News Oil & Gas Iraq exports over 100 mn barrels of crude oil in May ### Response: YES

YES

Iraq exports over 100 mn barrels of crude oil in MayBaghdad: Iraq exported about 102.46 million barrel of crude oil last month, generating $7.3 billion in revenue, the country's Oil Ministry announced. The average price for Iraqi crude oil in May was $71.3 per barrel, said the Ministry on Thursday in a statement, citing statistics from the State Organisation for Marketing of Oil, an Iraqi company. It added that crude oil exports during the month were from oil fields in central and southern Iraq via the port of Basra, Xinhua news agency reported. Iraq's economy heavily relies on crude oil exports, which account for more than 90 per cent of the country's revenues. Advt IANS Published On Jun 2, 2023 at 11:12 AM IST Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Enter Email Download ETEnergyworld App Get Realtime updates Save your favourite articles Scan to download App Telegram Facebook Copy Link Be the first one to comment. Comment Now COMMENTS Comment Now Read Comment (1) All Comments Post Post iraq oil ministry ministry xinhua news agency state organisation for marketing of oil Home News Oil & Gas Iraq exports over 100 mn barrels of crude oil in May

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: India’s coal production rises 7.10 per cent to over 76 MT...Representational image New Delhi [India], June 2 (ANI): India’s coal production in May surged 7.10 per cent to over 76.26 million tonne (MT), against 71.21 MT in the year-ago month. The production of Coal India (CIL) increased 59.94 MT in May 2023 as compared to 54.72 MT in the year-ago period with 9.54 per cent growth, according to a statement from the ministry of coal. The cumulative coal production has seen quantum jump of 149.41 MT in FY23 as compared to 138.41 MT in FY22, registering with a 7.94 per cent growth. With the increased first-mile connectivity infrastructure, coal dispatch in May 2023 was 82.22 MT as compared to 77.79 MT in May 2022, registering a 5.70 per cent growth. The statement released on Thursday evening said coal dispatch from the captive and commercial coal block has reported at 12.23 MT in May 2023, against 10.47 MT in May 2022 with a 16.84 per cent growth. The cumulative coal dispatch has registered a remarkable increment of 162.44 MT in FY24, up from 149.76 MT in fiscal 2022-23 (FY23), with an increase of 8.47 per cent. This impressive upturn in offtake has resulted in a comfortable coal stock position, guaranteeing reliable and abundant supply of coal lying at pithead coal stock at CIL, Singareni Collieries Company (SCCL) and stock at thermal power plant, etc. The total coal stock as of May 31, 2023, is 112.41 MT, against 82.97 MT on May 31, 2022, with a 35.48 per cent growth. The positive coal stock position has strengthened the capability to tackle unforeseen fluctuations in energy demand and ensures meeting the energy demands of the nation, according to the ministry’s statement. The availability of coal rakes, which play a crucial role in coal transportation, has remained consistently good throughout this period due to the initiative taken by the Ministry to augment rail connectivity infrastructure under PM Gati Shakti to ensure seamless evacuation of coal. The ministry said this positive trend in rake availability has facilitated the smooth transportation of coal, minimised transportation bottlenecks, and ensured uninterrupted supply. (ANI) ### Response: YES

YES

India’s coal production rises 7.10 per cent to over 76 MT...Representational image New Delhi [India], June 2 (ANI): India’s coal production in May surged 7.10 per cent to over 76.26 million tonne (MT), against 71.21 MT in the year-ago month. The production of Coal India (CIL) increased 59.94 MT in May 2023 as compared to 54.72 MT in the year-ago period with 9.54 per cent growth, according to a statement from the ministry of coal. The cumulative coal production has seen quantum jump of 149.41 MT in FY23 as compared to 138.41 MT in FY22, registering with a 7.94 per cent growth. With the increased first-mile connectivity infrastructure, coal dispatch in May 2023 was 82.22 MT as compared to 77.79 MT in May 2022, registering a 5.70 per cent growth. The statement released on Thursday evening said coal dispatch from the captive and commercial coal block has reported at 12.23 MT in May 2023, against 10.47 MT in May 2022 with a 16.84 per cent growth. The cumulative coal dispatch has registered a remarkable increment of 162.44 MT in FY24, up from 149.76 MT in fiscal 2022-23 (FY23), with an increase of 8.47 per cent. This impressive upturn in offtake has resulted in a comfortable coal stock position, guaranteeing reliable and abundant supply of coal lying at pithead coal stock at CIL, Singareni Collieries Company (SCCL) and stock at thermal power plant, etc. The total coal stock as of May 31, 2023, is 112.41 MT, against 82.97 MT on May 31, 2022, with a 35.48 per cent growth. The positive coal stock position has strengthened the capability to tackle unforeseen fluctuations in energy demand and ensures meeting the energy demands of the nation, according to the ministry’s statement. The availability of coal rakes, which play a crucial role in coal transportation, has remained consistently good throughout this period due to the initiative taken by the Ministry to augment rail connectivity infrastructure under PM Gati Shakti to ensure seamless evacuation of coal. The ministry said this positive trend in rake availability has facilitated the smooth transportation of coal, minimised transportation bottlenecks, and ensured uninterrupted supply. (ANI)

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Avoid DSR in soil with low nutrient: Experts Tribune News Service Amritsar, June 1While the district Agriculture Department is promoting use of direct seeding of rice (DSR) technique for sowing paddy, it has advised farmers to go by the recommendations of the agriculture experts for best results. The experts stated that the DSR should be avoided in fields with high germination of weeds. The farmers have also been advised against the use of technique in soils with low nutrient content.Chief Agricultural Officer Jatinder Singh Gill said that DSR should be preferably used in fields where paddy was also cultivated during the previous season and should be avoided in fields where sugarcane or maize were grown during the previous season.He said that the period from June 1 to June 15 is most appropriate for use of DSR technique. He added that preparation of fields, sowing or spray of weedicides should ideally be done during morning hours or late evening hours when temperature is low. He said that the field should also have appropriate moisture content at the time of sowing.The department also organised a camp at Sangrai village to educate farmers about the DSR technique. During the event, the experts of the department also informed the farmers about the methods to control weeds and pests on the crop without making non judicious use of chemicals. #Agriculture #direct seeding of rice ### Response: NO

NO

Avoid DSR in soil with low nutrient: Experts Tribune News Service Amritsar, June 1While the district Agriculture Department is promoting use of direct seeding of rice (DSR) technique for sowing paddy, it has advised farmers to go by the recommendations of the agriculture experts for best results. The experts stated that the DSR should be avoided in fields with high germination of weeds. The farmers have also been advised against the use of technique in soils with low nutrient content.Chief Agricultural Officer Jatinder Singh Gill said that DSR should be preferably used in fields where paddy was also cultivated during the previous season and should be avoided in fields where sugarcane or maize were grown during the previous season.He said that the period from June 1 to June 15 is most appropriate for use of DSR technique. He added that preparation of fields, sowing or spray of weedicides should ideally be done during morning hours or late evening hours when temperature is low. He said that the field should also have appropriate moisture content at the time of sowing.The department also organised a camp at Sangrai village to educate farmers about the DSR technique. During the event, the experts of the department also informed the farmers about the methods to control weeds and pests on the crop without making non judicious use of chemicals. #Agriculture #direct seeding of rice

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: coal india output up 10% at record levelKolkata: State-owned Coal India has reported a 9.5% year-on-year rise in monthly production to a record 60 million tonne in May 2023. The miner, along with its subsidiaries, had produced 54.7 millon tone of coal in the same month last year, Coal India said in a statement on Thursday. ### Response: YES

YES

coal india output up 10% at record levelKolkata: State-owned Coal India has reported a 9.5% year-on-year rise in monthly production to a record 60 million tonne in May 2023. The miner, along with its subsidiaries, had produced 54.7 millon tone of coal in the same month last year, Coal India said in a statement on Thursday.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Lithium prices rebound on recovery in demand for EV batteriesPrices of lithium, a key material used in the production of cathodes for electric vehicle (EV) batteries, rebounded over 65 per cent in the past month on a recovery in demand for  EV batteries after having plunged to a 19-month low in the last week of April.According to China’s SMM (Shanghai Metal Markets) data, prices of lithium carbonate 99.5 per cent battery grade increased from 180,000 Chinese yuan (CNY) ($25,328.92) a tonne on May 3 to 300,500 CNY ($42,285.23) on June 1. On the other hand, prices of lithium hydroxide 56.5 per cent battery grade were up from 1,85,000 CNY ($26,032.50) to 2,90,000 CNY ($40,807.71) during the period.  On April 24, prices of lithium carbonate had slid to 1,65,500 CNY (23,288.54). Lithium carbonate and lithium hydroxide are used in the lithium-ion batteries that dominate the EV market in China. Despite the surge, lithium prices are 36.5 per cent lower year-on-year (y-o-y).Chinese plug-in EV sales topped 0.5 million in April, up 93 per cent y-o-y with the total for 2023 being 1.9 million. New energy vehicle (NEV) sales and output in China soared by 110 per cent y-o-y in April, trimming concerns about poor demand levels at the start of the year.Lithium prices dropped in the first quarter as a drop in demand complicated oversupply of batteries after producers took advantage of Chinese subsidies to increase production at the end of 2022. Analysts cited five reasons for the uptrend in lithium prices. The first reason was the adoption of EV gathering pace as is evident from the trends in the Chinese market. The second is that supply challenges are unable to meet the rising, mainly with sales of EVs picking up.The third factor is the geopolitical risks arising out of the Ukraine war, while delays in lithium mining projects and market deficit are other issues.A report by CITIC Securities, one of the largest Chinese conglomerates, said a contraction of upstream supply and downstream stockpiling lead to a rebound in lithium prices.Labour shortage and tight transportation restricted lithium ore production in Australia, while sales of lithium concentrate in Australia declined, it said. The Office of  Chief Economist, Australia, said in a quarterly report that global lithium demand continues to grow rapidly, driven by surging demand for electric vehicle (EV) batteries. Demand for lithium batteries, which accounted for almost 80 per cent of all lithium used in 2022, is expected to reach 90 per cent by 2028.  It said world output, which was 7,37,000 tonnes LCE (lithium carbonate equivalent) in 2022,  is estimated to reach 9,64,000 tonnes in 2023. “This rapid growth is forecast to be met by gains in output by Australia, Chile and Argentina. Over the 5-year outlook, key sources of added supply include China, Brazil, Canada, DRC, Mali and Zimbabwe,” it said. Lithium prices are expected to pick up over the latter half of the 5-year outlook period to 2028, as the additional global lithium supply is absorbed by rising global demand. “Demand will rise as countries look towards their 2030 emissions targets, and as EV market penetration accelerates in Europe, the US and other advanced economies,” it said.The rise in prices comes after Credit Suisse and Goldman Sachs projected downside risks to lithium price. Goldman Sachs forecast the average lithium carbonate price at $30,011 a tonne this year. Comments ### Response: YES

YES

Lithium prices rebound on recovery in demand for EV batteriesPrices of lithium, a key material used in the production of cathodes for electric vehicle (EV) batteries, rebounded over 65 per cent in the past month on a recovery in demand for  EV batteries after having plunged to a 19-month low in the last week of April.According to China’s SMM (Shanghai Metal Markets) data, prices of lithium carbonate 99.5 per cent battery grade increased from 180,000 Chinese yuan (CNY) ($25,328.92) a tonne on May 3 to 300,500 CNY ($42,285.23) on June 1. On the other hand, prices of lithium hydroxide 56.5 per cent battery grade were up from 1,85,000 CNY ($26,032.50) to 2,90,000 CNY ($40,807.71) during the period.  On April 24, prices of lithium carbonate had slid to 1,65,500 CNY (23,288.54). Lithium carbonate and lithium hydroxide are used in the lithium-ion batteries that dominate the EV market in China. Despite the surge, lithium prices are 36.5 per cent lower year-on-year (y-o-y).Chinese plug-in EV sales topped 0.5 million in April, up 93 per cent y-o-y with the total for 2023 being 1.9 million. New energy vehicle (NEV) sales and output in China soared by 110 per cent y-o-y in April, trimming concerns about poor demand levels at the start of the year.Lithium prices dropped in the first quarter as a drop in demand complicated oversupply of batteries after producers took advantage of Chinese subsidies to increase production at the end of 2022. Analysts cited five reasons for the uptrend in lithium prices. The first reason was the adoption of EV gathering pace as is evident from the trends in the Chinese market. The second is that supply challenges are unable to meet the rising, mainly with sales of EVs picking up.The third factor is the geopolitical risks arising out of the Ukraine war, while delays in lithium mining projects and market deficit are other issues.A report by CITIC Securities, one of the largest Chinese conglomerates, said a contraction of upstream supply and downstream stockpiling lead to a rebound in lithium prices.Labour shortage and tight transportation restricted lithium ore production in Australia, while sales of lithium concentrate in Australia declined, it said. The Office of  Chief Economist, Australia, said in a quarterly report that global lithium demand continues to grow rapidly, driven by surging demand for electric vehicle (EV) batteries. Demand for lithium batteries, which accounted for almost 80 per cent of all lithium used in 2022, is expected to reach 90 per cent by 2028.  It said world output, which was 7,37,000 tonnes LCE (lithium carbonate equivalent) in 2022,  is estimated to reach 9,64,000 tonnes in 2023. “This rapid growth is forecast to be met by gains in output by Australia, Chile and Argentina. Over the 5-year outlook, key sources of added supply include China, Brazil, Canada, DRC, Mali and Zimbabwe,” it said. Lithium prices are expected to pick up over the latter half of the 5-year outlook period to 2028, as the additional global lithium supply is absorbed by rising global demand. “Demand will rise as countries look towards their 2030 emissions targets, and as EV market penetration accelerates in Europe, the US and other advanced economies,” it said.The rise in prices comes after Credit Suisse and Goldman Sachs projected downside risks to lithium price. Goldman Sachs forecast the average lithium carbonate price at $30,011 a tonne this year. Comments

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: SIMA tells cotton farmers to dispose of held back stocks ahead of monsoonThe Southern India Mills Association (SIMA), the apex body of spinning mills in South India, has asked farmers to dispose of cotton stocks held back by them before the monsoon begins to fetch better prices. “It will be difficult to gin cotton during the rainy season,” said Ravi Sam, SIMA Chairman. Besides, the quality of cotton might deteriorate during the rainy season and get lower prices.  ### Response: NO

NO

SIMA tells cotton farmers to dispose of held back stocks ahead of monsoonThe Southern India Mills Association (SIMA), the apex body of spinning mills in South India, has asked farmers to dispose of cotton stocks held back by them before the monsoon begins to fetch better prices. “It will be difficult to gin cotton during the rainy season,” said Ravi Sam, SIMA Chairman. Besides, the quality of cotton might deteriorate during the rainy season and get lower prices. 

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: India set to reach 900 Gw power capacity with renewablesAccording to the latest National Electricity Plan (NEP) by the Central Electricity Authority (CEA), India is projected to reach a power generation capacity of 900 gigawatts (Gw) by the end of the decade. The majority of this capacity will come from renewable energy sources such as solar, wind, and large hydro. ### Response: YES

YES

India set to reach 900 Gw power capacity with renewablesAccording to the latest National Electricity Plan (NEP) by the Central Electricity Authority (CEA), India is projected to reach a power generation capacity of 900 gigawatts (Gw) by the end of the decade. The majority of this capacity will come from renewable energy sources such as solar, wind, and large hydro.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: CRC opens soybean processing facility in KentuckySOMERSET, KENTUCKY, US — Continental Refining Co.’s (CRC) soybean processing facility is fully operational with the ability to produce 250 tons of high-protein soybean meal per day and the potential to expand to 500 tons per day. The Somerset, Kentucky, US, facility also is extracting soybean hulls for use as a feed ingredient for livestock and poultry. The facility will process 4 million bushels of soybeans per year into vegetable oil, soybean meal and hulls. The company’s biodiesel refining division is expected to produce up to 5 million gallons per year. “Continental Refining Co. is urgently seeking to meet the growing demand for high-quality soybean meal, hulls, and crude soybean oil that we use to produce CRC’s UltraBurn diesel blends and pure biodiesel,” said Demetrios Haseotes, chief executive officer of Continental Refining Co. Haseotes said CRC is looking to purchase soybeans from farmers within 150 miles of the facility. Livestock producers, poultry producers, pet food manufacturers, and feed mills will be among the purchasers of soybean meal and hulls. The market size for soybean meal and hulls in the central Kentucky region is estimated to be approximately 250,000 tons per year, with demand spread throughout the regions of Tennessee, Ohio, and Indiana. CRC said its expansion into soybean processing is part of its commitment to sustainability and efficiency. The company broke ground on the $31.5 million project in December 2021.CRC is a fuel producer and distributor serving customers in central Kentucky. It officially reopened its fuel distribution and bulk lubricant operations in November 2021, offering on-site fueling for retail, commercial and industrial, construction, agriculture, and residential customers. CRC also has entered into a marketing agreement to distribute Phillips 66 bulk lubricants and products. The company offers two types of transport as part of its services — large tanker transport and tank wagon. ### Response: YES

YES

CRC opens soybean processing facility in KentuckySOMERSET, KENTUCKY, US — Continental Refining Co.’s (CRC) soybean processing facility is fully operational with the ability to produce 250 tons of high-protein soybean meal per day and the potential to expand to 500 tons per day. The Somerset, Kentucky, US, facility also is extracting soybean hulls for use as a feed ingredient for livestock and poultry. The facility will process 4 million bushels of soybeans per year into vegetable oil, soybean meal and hulls. The company’s biodiesel refining division is expected to produce up to 5 million gallons per year. “Continental Refining Co. is urgently seeking to meet the growing demand for high-quality soybean meal, hulls, and crude soybean oil that we use to produce CRC’s UltraBurn diesel blends and pure biodiesel,” said Demetrios Haseotes, chief executive officer of Continental Refining Co. Haseotes said CRC is looking to purchase soybeans from farmers within 150 miles of the facility. Livestock producers, poultry producers, pet food manufacturers, and feed mills will be among the purchasers of soybean meal and hulls. The market size for soybean meal and hulls in the central Kentucky region is estimated to be approximately 250,000 tons per year, with demand spread throughout the regions of Tennessee, Ohio, and Indiana. CRC said its expansion into soybean processing is part of its commitment to sustainability and efficiency. The company broke ground on the $31.5 million project in December 2021.CRC is a fuel producer and distributor serving customers in central Kentucky. It officially reopened its fuel distribution and bulk lubricant operations in November 2021, offering on-site fueling for retail, commercial and industrial, construction, agriculture, and residential customers. CRC also has entered into a marketing agreement to distribute Phillips 66 bulk lubricants and products. The company offers two types of transport as part of its services — large tanker transport and tank wagon.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Russia again limiting grain shipments from Ukrainian portsKYIV, UKRAINE — Ukraine officials said on June 1 that Russia is again blocking the Black Sea Grain Initiative by halting the registration of ships to all Ukrainian ports, Reuters reported. Russia told United Nations officials that it would limit registration to the port of Pivdennyi in Ukraine’s Odesa province. The Black Sea deal, initially brokered in February 2022 by Turkey and the UN, has been extended three times, most recently on May 17 for 60 days. It has allowed the safe export of more than 30 million tonnes of grain and other foodstuffs from Ukraine, via its Black Sea ports. Russia’s invasion of Ukraine in February 2022 had halted exports of critical commodities from the region. Russia has said it will halt the deal unless a separate agreement to overcome obstacles to exports of its own grain and fertilizer is fulfilled. Russia told the center in Istanbul that is coordinating ships in the initiative that it would limit registrations as long as ammonia is not exported. Ammonia is a key ingredient for fertilizer and Moscow wants Ukraine to open a pipeline from the Russian city of Togliatti to the Ukrainian port of Odesa that it used before the war to ship ammonia to its global customers, the Associated Press reported. Only 33 ships departed from Ukrainian ports in May, half the number compared to April, the UN said. The average daily inspection rate for ships had fallen to three. Exports in May reached 1.3 million tonnes of grains and other foodstuffs, less than half of the previous month. Kyiv said 50 vessels were waiting for inspection in Turkish waters, ready to deliver 2.4 million tonnes of Ukrainian food abroad. 'The UN Secretariat has put forward practical suggestions to all parties at the strategic and operational level, keeping in mind the global benefits of the Initiative,' said Stéphane Dujarric, spokesman for UN Secretary-General António Guterres. 'We will continue our intense engagement with the parties towards the full resumption of operations and continuation of the Initiative.' ### Response: YES

YES

Russia again limiting grain shipments from Ukrainian portsKYIV, UKRAINE — Ukraine officials said on June 1 that Russia is again blocking the Black Sea Grain Initiative by halting the registration of ships to all Ukrainian ports, Reuters reported. Russia told United Nations officials that it would limit registration to the port of Pivdennyi in Ukraine’s Odesa province. The Black Sea deal, initially brokered in February 2022 by Turkey and the UN, has been extended three times, most recently on May 17 for 60 days. It has allowed the safe export of more than 30 million tonnes of grain and other foodstuffs from Ukraine, via its Black Sea ports. Russia’s invasion of Ukraine in February 2022 had halted exports of critical commodities from the region. Russia has said it will halt the deal unless a separate agreement to overcome obstacles to exports of its own grain and fertilizer is fulfilled. Russia told the center in Istanbul that is coordinating ships in the initiative that it would limit registrations as long as ammonia is not exported. Ammonia is a key ingredient for fertilizer and Moscow wants Ukraine to open a pipeline from the Russian city of Togliatti to the Ukrainian port of Odesa that it used before the war to ship ammonia to its global customers, the Associated Press reported. Only 33 ships departed from Ukrainian ports in May, half the number compared to April, the UN said. The average daily inspection rate for ships had fallen to three. Exports in May reached 1.3 million tonnes of grains and other foodstuffs, less than half of the previous month. Kyiv said 50 vessels were waiting for inspection in Turkish waters, ready to deliver 2.4 million tonnes of Ukrainian food abroad. 'The UN Secretariat has put forward practical suggestions to all parties at the strategic and operational level, keeping in mind the global benefits of the Initiative,' said Stéphane Dujarric, spokesman for UN Secretary-General António Guterres. 'We will continue our intense engagement with the parties towards the full resumption of operations and continuation of the Initiative.'

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: US CRC imports down 24.5 percent in AprilAccording to preliminary census data from the US Department of Commerce, US imports of cold rolled sheet totaled 69,376 mt in April 2023, down 24.5 percent from March and down 42.3 percent from April 2022 levels. By value, CRC imports totaled $85.6 million in April 2023, compared to $95.2 million in March and $176.0 million in April 2022. The US imported the most CRC from Canada in April, with 38,039 mt, compared to 38,386 mt in March and 39,447 mt in April 2022. Other top sources of imported CRC in April include Mexico, with 7,309 mt; Sweden, with 6,639 mt; Belgium, with 5,068 mt; and United Kingdom, with 4,739 mt. ### Response: NO

NO

US CRC imports down 24.5 percent in AprilAccording to preliminary census data from the US Department of Commerce, US imports of cold rolled sheet totaled 69,376 mt in April 2023, down 24.5 percent from March and down 42.3 percent from April 2022 levels. By value, CRC imports totaled $85.6 million in April 2023, compared to $95.2 million in March and $176.0 million in April 2022. The US imported the most CRC from Canada in April, with 38,039 mt, compared to 38,386 mt in March and 39,447 mt in April 2022. Other top sources of imported CRC in April include Mexico, with 7,309 mt; Sweden, with 6,639 mt; Belgium, with 5,068 mt; and United Kingdom, with 4,739 mt.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: HRC Prices Rebound On Macro Tailwinds In China And OverseasSHANGHAI, Jun 2 (SMM) –HRC futures closed up 3.01% at 3,664 yuan/mt yesterday, buoyed by macro tailwinds in China and overseas. Spot prices also rose in many regions and transactions were modest. HRC output fell this week due to maintenance by some steel mills in north, central, east and north-west China. ### Response: YES

YES

HRC Prices Rebound On Macro Tailwinds In China And OverseasSHANGHAI, Jun 2 (SMM) –HRC futures closed up 3.01% at 3,664 yuan/mt yesterday, buoyed by macro tailwinds in China and overseas. Spot prices also rose in many regions and transactions were modest. HRC output fell this week due to maintenance by some steel mills in north, central, east and north-west China.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: MMi Daily Iron Ore Report (June 2)》Click to download the PDF and view the whole report ### Response: YES

YES

MMi Daily Iron Ore Report (June 2)》Click to download the PDF and view the whole report

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Copper Inventory in China Bonded Zone Dropped This WeekAs of Friday June 2, copper inventories in the domestic bonded zones decreased 13,000 mt from May 26 to 101,600 mt, according to the latest SMM survey. Inventory in the Guangdong bonded zone dipped 300 mt to 10,000 mt, and inventory in the Shanghai bonded zone fell 12,700 mt to 91,600 mt. ### Response: YES

YES

Copper Inventory in China Bonded Zone Dropped This WeekAs of Friday June 2, copper inventories in the domestic bonded zones decreased 13,000 mt from May 26 to 101,600 mt, according to the latest SMM survey. Inventory in the Guangdong bonded zone dipped 300 mt to 10,000 mt, and inventory in the Shanghai bonded zone fell 12,700 mt to 91,600 mt.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Copper Inventory in Major Chinese Markets Fell for Four Consecutive WeeksAs of Friday June 2, SMM copper inventory across major Chinese markets stood at 111,100 mt, down 7,200 mt from Monday and 7,300 mt from last Friday. Compared with Monday, the inventories across most regions decreased this week. Only inventories in Jiangsu increased slightly. ### Response: NO

NO

Copper Inventory in Major Chinese Markets Fell for Four Consecutive WeeksAs of Friday June 2, SMM copper inventory across major Chinese markets stood at 111,100 mt, down 7,200 mt from Monday and 7,300 mt from last Friday. Compared with Monday, the inventories across most regions decreased this week. Only inventories in Jiangsu increased slightly.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: SMM Weekly Updates: Aluminium Billet Inventory In China Declines  SHANGHAI, Jun 2 (SMM) – The domestic aluminium billet social inventory stood at 135,100 mt as of June 1, down 6,200 mt from a week ago. Arrivals increased significantly, while transactions failed to catch up. An increasing share of molten aluminium has been made into billets and other intermediate products. The current inventory is still the highest compared to the same period of past three years. ### Response: YES

YES

SMM Weekly Updates: Aluminium Billet Inventory In China Declines  SHANGHAI, Jun 2 (SMM) – The domestic aluminium billet social inventory stood at 135,100 mt as of June 1, down 6,200 mt from a week ago. Arrivals increased significantly, while transactions failed to catch up. An increasing share of molten aluminium has been made into billets and other intermediate products. The current inventory is still the highest compared to the same period of past three years.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Aluminium Ingot Inventories In China Fall To Alarmingly Low LevelSHANGHAI, Jun 2 (SMM) – The aluminium ingot social inventories across China’s eight major markets stood at 595,000 mt as of June 1, down 62,000 mt from a week ago and 287,000 mt from a year ago. The destocking was led by south China, where cargo arrivals continued to decline and consumption picked up a little. Arrivals in Wuxi fell as much as 20-30%, driving down local stocks rapidly. Limited arrivals and improved consumption allowed stocks in Gongyi to fall after building up in the previous week.     ### Response: NO

NO

Aluminium Ingot Inventories In China Fall To Alarmingly Low LevelSHANGHAI, Jun 2 (SMM) – The aluminium ingot social inventories across China’s eight major markets stood at 595,000 mt as of June 1, down 62,000 mt from a week ago and 287,000 mt from a year ago. The destocking was led by south China, where cargo arrivals continued to decline and consumption picked up a little. Arrivals in Wuxi fell as much as 20-30%, driving down local stocks rapidly. Limited arrivals and improved consumption allowed stocks in Gongyi to fall after building up in the previous week.    

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Spice market update: monsoon rains damage chilli cropCuminCompared to last week, cumin prices on the Indian market are showing a slight upswing. However, traders show little confidence that there will be further significant price increases, even though shipments are down. 75% of this year's crop are said to be already in circulation and demand is rather sluggish. Even China, on which Indian exporters had placed great hopes, is buying only what is necessary and is therefore unable to stabilise prices further. In addition, Turkey and Syria are major competitors on the international market. Indian cumin, grade A is trad ### Response: YES

YES

Spice market update: monsoon rains damage chilli cropCuminCompared to last week, cumin prices on the Indian market are showing a slight upswing. However, traders show little confidence that there will be further significant price increases, even though shipments are down. 75% of this year's crop are said to be already in circulation and demand is rather sluggish. Even China, on which Indian exporters had placed great hopes, is buying only what is necessary and is therefore unable to stabilise prices further. In addition, Turkey and Syria are major competitors on the international market. Indian cumin, grade A is trad

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: OPEC+ unlikely to agree bigger oil cuts on Sunday, sources sayOPEC and its allies are unlikely to decide on further oil supply cuts at a meeting on Sunday despite a fall in oil prices toward $70 per barrel this week, two sources from the alliance said on Friday although another said the outcome was still unclear. ### Response: YES

YES

OPEC+ unlikely to agree bigger oil cuts on Sunday, sources sayOPEC and its allies are unlikely to decide on further oil supply cuts at a meeting on Sunday despite a fall in oil prices toward $70 per barrel this week, two sources from the alliance said on Friday although another said the outcome was still unclear.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Mixed trends in south India's cotton market; prices up in Mumbai ### Response: YES

YES

Mixed trends in south India's cotton market; prices up in Mumbai

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Pending cane dues: Sugarcane farmers oppose cane surveyRepresentational Image Sugarcane farmers, who are associated with the Bilai sugar mill, are opposing the mill’s efforts to conduct a survey of cane fields for the upcoming crushing season, reports Amar Ujala. The farmers are demanding that the mill first clear the pending cane dues before proceeding with the survey. Members of the Bhartiya Kisan Union, representing the farmers, intervened when a team of officials arrived to conduct the survey, stating that they would not allow it until their dues were paid. Mill officials arrived at the spot and instructed the team to refrain from surveying without the approval of the cane farmers. Chaudhari Nitin Sirohi, the district unit head of the Bhartiya Kisan Union, stated that the farmers have informed the district cane officer about their refusal to permit the Bilai sugar mill from conducting the cane field survey. ### Response: YES

YES

Pending cane dues: Sugarcane farmers oppose cane surveyRepresentational Image Sugarcane farmers, who are associated with the Bilai sugar mill, are opposing the mill’s efforts to conduct a survey of cane fields for the upcoming crushing season, reports Amar Ujala. The farmers are demanding that the mill first clear the pending cane dues before proceeding with the survey. Members of the Bhartiya Kisan Union, representing the farmers, intervened when a team of officials arrived to conduct the survey, stating that they would not allow it until their dues were paid. Mill officials arrived at the spot and instructed the team to refrain from surveying without the approval of the cane farmers. Chaudhari Nitin Sirohi, the district unit head of the Bhartiya Kisan Union, stated that the farmers have informed the district cane officer about their refusal to permit the Bilai sugar mill from conducting the cane field survey.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Sugarcane crushing begins at ChamSugar millRepresentational Image Mandya: The Times of India reports that Chamundeswari Sugars, popularly known as ChamsSugar, has commenced cane crushing operations, bringing relief to sugarcane farmers. This year, the company has set a minimum target of crushing 10 lakh tonnes of sugarcane. Notably, ChamsSugar achieved a record last year by crushing a total of 10.35 lakh tonnes of cane. This year, they have started the crushing process two months earlier than the previous year. Despite lower rainfall in the region, the supply of cane to the sugar mills will not be affected. However, there are uncertainties surrounding the operations of the struggling sugar mill, MySugar, for this season. M Ravi, the general manager (engineering) of Chamundeswari Sugar, stated that their target this year is to crush 12 lakh tonnes of cane. Due to reduced rainfall, the yield is lower compared to last year, making it challenging to achieve the target. However, they are making their best efforts and are confident of crushing at least 10 lakh tonnes of cane. ### Response: YES

YES

Sugarcane crushing begins at ChamSugar millRepresentational Image Mandya: The Times of India reports that Chamundeswari Sugars, popularly known as ChamsSugar, has commenced cane crushing operations, bringing relief to sugarcane farmers. This year, the company has set a minimum target of crushing 10 lakh tonnes of sugarcane. Notably, ChamsSugar achieved a record last year by crushing a total of 10.35 lakh tonnes of cane. This year, they have started the crushing process two months earlier than the previous year. Despite lower rainfall in the region, the supply of cane to the sugar mills will not be affected. However, there are uncertainties surrounding the operations of the struggling sugar mill, MySugar, for this season. M Ravi, the general manager (engineering) of Chamundeswari Sugar, stated that their target this year is to crush 12 lakh tonnes of cane. Due to reduced rainfall, the yield is lower compared to last year, making it challenging to achieve the target. However, they are making their best efforts and are confident of crushing at least 10 lakh tonnes of cane.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Chana procurement tops 22 lakh tonnesProcurement of chana or Bengalgram by Nafed at minimum support price of ₹5,335 per quintal has topped 22.26 lakh tonnes as on Friday in the ongoing rabi procurement season 2022-23.The total value of the procured quantity stood at over ₹11,875 crore and so far, over 9.73 lakh farmers have benefitted. In the previous season, Nafed had procured a total of 25.92 lakh tonnes. While the procurement in Southern States has ended, it is still going on in the key producing States of Madhya Pradesh, Rajasthan So far, In Madhya Pradesh 7.97 lakh tonnes have been procured as compared to the previous season’s 8.02 lakh tonnes. Similarly in Rajasthan, 1.66 lakh tonnes has been procured (2.99 lakh tonnes in previous year). In Gujarat the procurement stood at 3.27 lakh tonnes (5.59 lakh tonnes).In Maharashtra, the procurement so far, stood at over 7.29 lakh tonnes over previous season’s 7.6 lakh tonnes. Chana procurement in Karnataka stood at 79,631 tonnes (74,000 tonnes), Andhra Pradesh at 72,000 tonnes (64,503 tonnes) and Uttar Pradesh at 11,651 tonnes (26,500 tonnes). Chana procurement in Telangana stood at 50,238 tonnes. Comments ### Response: YES

YES

Chana procurement tops 22 lakh tonnesProcurement of chana or Bengalgram by Nafed at minimum support price of ₹5,335 per quintal has topped 22.26 lakh tonnes as on Friday in the ongoing rabi procurement season 2022-23.The total value of the procured quantity stood at over ₹11,875 crore and so far, over 9.73 lakh farmers have benefitted. In the previous season, Nafed had procured a total of 25.92 lakh tonnes. While the procurement in Southern States has ended, it is still going on in the key producing States of Madhya Pradesh, Rajasthan So far, In Madhya Pradesh 7.97 lakh tonnes have been procured as compared to the previous season’s 8.02 lakh tonnes. Similarly in Rajasthan, 1.66 lakh tonnes has been procured (2.99 lakh tonnes in previous year). In Gujarat the procurement stood at 3.27 lakh tonnes (5.59 lakh tonnes).In Maharashtra, the procurement so far, stood at over 7.29 lakh tonnes over previous season’s 7.6 lakh tonnes. Chana procurement in Karnataka stood at 79,631 tonnes (74,000 tonnes), Andhra Pradesh at 72,000 tonnes (64,503 tonnes) and Uttar Pradesh at 11,651 tonnes (26,500 tonnes). Chana procurement in Telangana stood at 50,238 tonnes. Comments

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: India’s paddy, pulses, oilseeds coverage lags behind as kharif sowing beginsPaddy, pulses and oilseeds sowing trailed as planting activities of kharif crops gather pace, while the area under sugarcane, cotton and coarse cereals was higher as of Friday, data from the Agriculture Ministry showed.Kharif sowing activities this year have been aided by higher rainfall in May. According to the India Meteorological Department (IMD), the rainfall was 10 per cent higher than the long period average based on 1971-2020 data. IMD said the rainfall of 67.3 mm was the third-highest since 1901 with the other two being 95 mm in 1987 and 68.2 mm in 2021. Paddy has been sown on 2.17 lakh hectares (lh) against 2.96 lh during the same period a year ago. So far, the highest coverage has been reported from Nagaland followed by Assam and West Bengal. Sowing operations are yet to begin in Punjab, Haryana, Telangana and other key States. The coverage of pulses was down at 0.87 lh against 0.91 lh a year ago. Of this, Karnataka has accounted for 0.63 lh with Uttar Pradesh accounting for another 0.14 lh. Arhar (pigeon pea) and urad (black matpe) sowing seem to be gaining in view of prevailing higher prices, while the area under moong and other pulses is trailing.  Oilseeds acreage trailed at 0.53 lh against 0.56 lh a year ago with sesame being the main drag (0.08 lh vs 0.13 lh). The coverage of soyabean and groundnut looks like gaining, while that of sunflower lags behind.Karnataka (0.26 lh) and Nagaland (0.19 lh) are the two States which have taken the lead in oilseed sowing with farmers in other key growing States such as Madhya Pradesh, Maharashtra and Rajasthan expected to begin the coverage once the monsoon sets in.The IMD has said the south-west monsoon will be delayed this year and could set in after June 4. Currently, the monsoon is over Sri Lanka and has grazed Minicoy in Lakshadweep. Maize and bajra lead the kharif coarse-cereals coverage, which is 1.5 lh against 1.3 lh a year ago. Jammu and Kashmir, Uttar Pradesh and Karnataka are the three States which have contributed much to the progress in sowing till now. The coverage of sugarcane and cotton, as expected, is higher this year. Encouragement for farmers to plant more sugarcane comes from the sugar mills clearing the dues for supply of the cane on time. So far, sugarcane has been planted on 46.98 lh against 46.67 lh last year.Uttar Pradesh and Maharashtra lead the coverage, making up nearly three-fourths of the area sown so far. Cotton growers have drawn solace from prices ruling well above the minimum support prices in the last two seasons. Coverage of the natural fibre crop is up at 13.43 lh compared with 10.78 lh a year ago. At least 12.5 lh of the acreage in cotton has almost been made up by Haryana, Rajasthan and Punjab.According to IMD, North-West India — the key to kharif crops production — received 94 per cent excess rainfall in May, while Central India, another key region, received 64 per cent more rains.As a result of the excess rainfall, the total live storage in the 146 major reservoirs is 178.185 billion cubic metres (BCM) or 69.11 per cent of the total capacity of 257.812 BCM. The storage is 6 percentage points lower than the same time a year ago but 21 percentage points higher than the last 10 years average.   Comments ### Response: YES

YES

India’s paddy, pulses, oilseeds coverage lags behind as kharif sowing beginsPaddy, pulses and oilseeds sowing trailed as planting activities of kharif crops gather pace, while the area under sugarcane, cotton and coarse cereals was higher as of Friday, data from the Agriculture Ministry showed.Kharif sowing activities this year have been aided by higher rainfall in May. According to the India Meteorological Department (IMD), the rainfall was 10 per cent higher than the long period average based on 1971-2020 data. IMD said the rainfall of 67.3 mm was the third-highest since 1901 with the other two being 95 mm in 1987 and 68.2 mm in 2021. Paddy has been sown on 2.17 lakh hectares (lh) against 2.96 lh during the same period a year ago. So far, the highest coverage has been reported from Nagaland followed by Assam and West Bengal. Sowing operations are yet to begin in Punjab, Haryana, Telangana and other key States. The coverage of pulses was down at 0.87 lh against 0.91 lh a year ago. Of this, Karnataka has accounted for 0.63 lh with Uttar Pradesh accounting for another 0.14 lh. Arhar (pigeon pea) and urad (black matpe) sowing seem to be gaining in view of prevailing higher prices, while the area under moong and other pulses is trailing.  Oilseeds acreage trailed at 0.53 lh against 0.56 lh a year ago with sesame being the main drag (0.08 lh vs 0.13 lh). The coverage of soyabean and groundnut looks like gaining, while that of sunflower lags behind.Karnataka (0.26 lh) and Nagaland (0.19 lh) are the two States which have taken the lead in oilseed sowing with farmers in other key growing States such as Madhya Pradesh, Maharashtra and Rajasthan expected to begin the coverage once the monsoon sets in.The IMD has said the south-west monsoon will be delayed this year and could set in after June 4. Currently, the monsoon is over Sri Lanka and has grazed Minicoy in Lakshadweep. Maize and bajra lead the kharif coarse-cereals coverage, which is 1.5 lh against 1.3 lh a year ago. Jammu and Kashmir, Uttar Pradesh and Karnataka are the three States which have contributed much to the progress in sowing till now. The coverage of sugarcane and cotton, as expected, is higher this year. Encouragement for farmers to plant more sugarcane comes from the sugar mills clearing the dues for supply of the cane on time. So far, sugarcane has been planted on 46.98 lh against 46.67 lh last year.Uttar Pradesh and Maharashtra lead the coverage, making up nearly three-fourths of the area sown so far. Cotton growers have drawn solace from prices ruling well above the minimum support prices in the last two seasons. Coverage of the natural fibre crop is up at 13.43 lh compared with 10.78 lh a year ago. At least 12.5 lh of the acreage in cotton has almost been made up by Haryana, Rajasthan and Punjab.According to IMD, North-West India — the key to kharif crops production — received 94 per cent excess rainfall in May, while Central India, another key region, received 64 per cent more rains.As a result of the excess rainfall, the total live storage in the 146 major reservoirs is 178.185 billion cubic metres (BCM) or 69.11 per cent of the total capacity of 257.812 BCM. The storage is 6 percentage points lower than the same time a year ago but 21 percentage points higher than the last 10 years average.   Comments

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: PP recycler PureCycle sees Ohio plant as springboard for growthIronton, Ohio — PureCycle Technologies Inc.'s years-long effort to commercialize solvent-based recycling technology for polypropylene is virtually complete.And the company's CEO believes that lessons learned from the company's flagship Ironton facility will serve the company well as the firm looks to replicate locations elsewhere — both in the United States and internationally.PureCycle's journey, from an idea patented by consumer products company Procter & Gamble Co. to a full-fledged production site in Ironton, has had its share of ups and downs. That's for sure.CEO Dustin Olson readily admitted the realities of the last few years during an on-site interview. But he also believes production in Ironton will wipe away any long-standing questions about the viability of the company and serve as a springboard.PureCycle uses a solvent-based technology to purify polypropylene, stripping away the fillers and additives and odors along the way to create a virgin-like resin branded Ultra-Pure Recycled, or UPR, plastic by the company.To follow PureCycle is to understand the company has missed a series of promises to begin production over time. And Olson said that's on him.'This has been a struggle. I'm not going to lie. I have underestimated the timing for this plant. Some of that ... I should have seen, some of it was out of the blue,' Olson said.'I always give the information to the best of my ability every time. Sometimes I'm right. Sometimes I'm wrong. On this project I would say I leaned on the overoptimistic, but then things happened that prevented us from achieving that,' he said.'There's no doubt that the original dates were hyper aggressive. I think everybody recognizes that. And we've been chasing it,' he said. 'I think that missing dates is not good. I've got to do a better job.'Delays included parts for an extruder being blown up in Ukraine due to Russia's invasion of that country as well as other more mundane supply chain issues. Olson also pointed to what he called minor engineering mistakes. ### Response: YES

YES

PP recycler PureCycle sees Ohio plant as springboard for growthIronton, Ohio — PureCycle Technologies Inc.'s years-long effort to commercialize solvent-based recycling technology for polypropylene is virtually complete.And the company's CEO believes that lessons learned from the company's flagship Ironton facility will serve the company well as the firm looks to replicate locations elsewhere — both in the United States and internationally.PureCycle's journey, from an idea patented by consumer products company Procter & Gamble Co. to a full-fledged production site in Ironton, has had its share of ups and downs. That's for sure.CEO Dustin Olson readily admitted the realities of the last few years during an on-site interview. But he also believes production in Ironton will wipe away any long-standing questions about the viability of the company and serve as a springboard.PureCycle uses a solvent-based technology to purify polypropylene, stripping away the fillers and additives and odors along the way to create a virgin-like resin branded Ultra-Pure Recycled, or UPR, plastic by the company.To follow PureCycle is to understand the company has missed a series of promises to begin production over time. And Olson said that's on him.'This has been a struggle. I'm not going to lie. I have underestimated the timing for this plant. Some of that ... I should have seen, some of it was out of the blue,' Olson said.'I always give the information to the best of my ability every time. Sometimes I'm right. Sometimes I'm wrong. On this project I would say I leaned on the overoptimistic, but then things happened that prevented us from achieving that,' he said.'There's no doubt that the original dates were hyper aggressive. I think everybody recognizes that. And we've been chasing it,' he said. 'I think that missing dates is not good. I've got to do a better job.'Delays included parts for an extruder being blown up in Ukraine due to Russia's invasion of that country as well as other more mundane supply chain issues. Olson also pointed to what he called minor engineering mistakes.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: UPM Biochemicals joins hands with Selenis to produce sustainable PETG resinUPM Biochemicals and Selenis, a subsidiary of the IMG Group that produces speciality polyester resins for a wide range of applications, announced a partnership today that will help the packaging industry reduce its CO2 footprint and redefine the sustainability goals of its customers.   The goal of the strategic partnership is to produce sustainable polyethylene terephthalate glycol (PETG) resin that will accelerate the introduction of renewable, sustainable forest-sourced materials into plastic applications and reduce fossil resource dependency. PETG is a highly transparent, FDA approved material used in a large variety of applications including cosmetics and personal care packaging, heat shrink sleeves, and durable goods, such as bulk dispenser.   UPM will supply Selenis with its new sustainable bio mono-ethylene glycol (Bio-MEG), called UPM BioPura, to make partial BioPETG. UPM BioPura is produced from sustainably sourced, certified hardwood obtained from forests in the regions around Leuna in Germany, where the company is building the world’s first industry scale biorefinery converting woody biomass into next generation biochemicals. The biomass does not compete with food resources and will enable manufacturers a viable option to redefine their net zero targets and significantly reduce their scope 3 emissions by switching effortlessly from fossil-based, to a renewable, drop-in ingredient.   UPM Biochemicals is committed to the sustainable transformation of the packaging industry and is actively engaging with partners such as Selenis to develop new, sustainable applications and products based on the biochemicals to be produced in Leuna. Both companies have a shared vision to decrease the industry’s dependency on virgin fossil materials and to drive towards a net zero circular economy.   “We are delighted to partner with Selenis. Selenis pursues a strategy to continuously reduce the CO2 footprint of its products – partnerships like ours are at the heart of a greener, more sustainable chemistry,” explained Michael Duetsch, Vice President Biochemicals at UPM.   “We will work with Selenis to deliver outstanding solutions for their customers, enabling them to innovate towards sustainable packaging solutions with a significantly reduced greenhouse gas footprint. As the packaging industry is truly striving for a more environmentally friendly future, incorporating bio-based materials like UPM BioPura alongside an ever-increasing share of recycled materials will be an essential part.”   Selenis focuses its product innovation on developing products that are fully recyclable in the PET stream and has revolutionary technology that upcycles plastic waste into new polymers, replacing fossil-fuel feedstocks with recycled polyester raw material. Selenis Converters and brand owners can now customize their products to reduce their carbon footprint, by adding bio and recycled content, with no performance trade-offs. Moreover,  Selenis is investing in self-generated solar energy which will allow the usage of fully green energy in the manufacturing process of the polymer, further supporting brand owners on their decarbonisation strategies.   “We centre our innovation efforts in markets where the pressure for recyclable solutions is higher because the life of the product is shorter, meaning end of life solutions are more critical. The packaging and the cosmetics industries are two examples where brand owners prioritize circularity,” explained Marta Matos Gil, Chief Sustainability Officer at Selenis.   “As we take steps towards becoming a regenerative company, developing products that meet sustainable standards in recyclability, eco-resource efficiency and eco-friendly compositions to improve their circularity is vital. Our new partnership with UPM is illustrative of how we are jointly working across the value chain to create tangible solutions that support the advancement of a circular economy and considerably reduce plastic waste.”   ### Response: YES

YES

UPM Biochemicals joins hands with Selenis to produce sustainable PETG resinUPM Biochemicals and Selenis, a subsidiary of the IMG Group that produces speciality polyester resins for a wide range of applications, announced a partnership today that will help the packaging industry reduce its CO2 footprint and redefine the sustainability goals of its customers.   The goal of the strategic partnership is to produce sustainable polyethylene terephthalate glycol (PETG) resin that will accelerate the introduction of renewable, sustainable forest-sourced materials into plastic applications and reduce fossil resource dependency. PETG is a highly transparent, FDA approved material used in a large variety of applications including cosmetics and personal care packaging, heat shrink sleeves, and durable goods, such as bulk dispenser.   UPM will supply Selenis with its new sustainable bio mono-ethylene glycol (Bio-MEG), called UPM BioPura, to make partial BioPETG. UPM BioPura is produced from sustainably sourced, certified hardwood obtained from forests in the regions around Leuna in Germany, where the company is building the world’s first industry scale biorefinery converting woody biomass into next generation biochemicals. The biomass does not compete with food resources and will enable manufacturers a viable option to redefine their net zero targets and significantly reduce their scope 3 emissions by switching effortlessly from fossil-based, to a renewable, drop-in ingredient.   UPM Biochemicals is committed to the sustainable transformation of the packaging industry and is actively engaging with partners such as Selenis to develop new, sustainable applications and products based on the biochemicals to be produced in Leuna. Both companies have a shared vision to decrease the industry’s dependency on virgin fossil materials and to drive towards a net zero circular economy.   “We are delighted to partner with Selenis. Selenis pursues a strategy to continuously reduce the CO2 footprint of its products – partnerships like ours are at the heart of a greener, more sustainable chemistry,” explained Michael Duetsch, Vice President Biochemicals at UPM.   “We will work with Selenis to deliver outstanding solutions for their customers, enabling them to innovate towards sustainable packaging solutions with a significantly reduced greenhouse gas footprint. As the packaging industry is truly striving for a more environmentally friendly future, incorporating bio-based materials like UPM BioPura alongside an ever-increasing share of recycled materials will be an essential part.”   Selenis focuses its product innovation on developing products that are fully recyclable in the PET stream and has revolutionary technology that upcycles plastic waste into new polymers, replacing fossil-fuel feedstocks with recycled polyester raw material. Selenis Converters and brand owners can now customize their products to reduce their carbon footprint, by adding bio and recycled content, with no performance trade-offs. Moreover,  Selenis is investing in self-generated solar energy which will allow the usage of fully green energy in the manufacturing process of the polymer, further supporting brand owners on their decarbonisation strategies.   “We centre our innovation efforts in markets where the pressure for recyclable solutions is higher because the life of the product is shorter, meaning end of life solutions are more critical. The packaging and the cosmetics industries are two examples where brand owners prioritize circularity,” explained Marta Matos Gil, Chief Sustainability Officer at Selenis.   “As we take steps towards becoming a regenerative company, developing products that meet sustainable standards in recyclability, eco-resource efficiency and eco-friendly compositions to improve their circularity is vital. Our new partnership with UPM is illustrative of how we are jointly working across the value chain to create tangible solutions that support the advancement of a circular economy and considerably reduce plastic waste.”  

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: India's April finished steel imports from China hit five-year highIndia's finished steel purchases from China touched a five-year high in April, and the country's overall imports of the alloy reached a four-year high, according to provisional government data reviewed by Reuters. In April, China emerged as the second-biggest steel exporter to India by shipping out 0.1 million tonnes, up 79% year on year. Imports from China accounted for nearly a quarter of India's overall finished steel imports in April. India imported 0.5 million tonnes of finished steel in April - the highest since 2019 - up 38.2% from a year earlier, the data showed. China, the world's largest steel producer, exported mostly cold-rolled sheets - used in the automobile, white goods and consumer durable sectors. India also imported electrical sheets and pipes from China, the data showed. In April, South Korea was the top exporter of finished steel by shipping out 0.2 million tonnes and accounting for 32% of India's overall imports. However, India, the world's second-biggest crude steel producer, was a net exporter of finished steel in April, with 0.9 million tonnes sold to top buyers such as Italy, Spain, Vietnam, Nepal and the United Arab Emirates, the data showed. In April, India's steel exports to Italy surged to their highest level in six years. Europe is a key market for India's steel, and Indian steel makers are concerned over the European Union's plans to impose a levy on high-carbon goods imports from 2026, targeting imports of steel and a few other commodities. Domestically, India's crude steel production stood at 10.7 million tonnes in April, up 3.2% from a year earlier. India's steel consumption is expected to grow by 7.5% during the current fiscal year to March 2024, boosted by rising demand from the domestic construction, railway and capital goods sectors. ### Response: YES

YES

India's April finished steel imports from China hit five-year highIndia's finished steel purchases from China touched a five-year high in April, and the country's overall imports of the alloy reached a four-year high, according to provisional government data reviewed by Reuters. In April, China emerged as the second-biggest steel exporter to India by shipping out 0.1 million tonnes, up 79% year on year. Imports from China accounted for nearly a quarter of India's overall finished steel imports in April. India imported 0.5 million tonnes of finished steel in April - the highest since 2019 - up 38.2% from a year earlier, the data showed. China, the world's largest steel producer, exported mostly cold-rolled sheets - used in the automobile, white goods and consumer durable sectors. India also imported electrical sheets and pipes from China, the data showed. In April, South Korea was the top exporter of finished steel by shipping out 0.2 million tonnes and accounting for 32% of India's overall imports. However, India, the world's second-biggest crude steel producer, was a net exporter of finished steel in April, with 0.9 million tonnes sold to top buyers such as Italy, Spain, Vietnam, Nepal and the United Arab Emirates, the data showed. In April, India's steel exports to Italy surged to their highest level in six years. Europe is a key market for India's steel, and Indian steel makers are concerned over the European Union's plans to impose a levy on high-carbon goods imports from 2026, targeting imports of steel and a few other commodities. Domestically, India's crude steel production stood at 10.7 million tonnes in April, up 3.2% from a year earlier. India's steel consumption is expected to grow by 7.5% during the current fiscal year to March 2024, boosted by rising demand from the domestic construction, railway and capital goods sectors.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Govt permits import of pet coke as raw material for lithium-ion batteriesThe government on Friday permitted the import of pet coke for making graphite anode material for lithium-ion batteries as a feedstock and not for any other purposes. Import of pet coke for fuel purposes is completely banned. 'Import of needle pet coke (NPC) is 'free' for making graphite anode material for Li-ion battery as feedstock/raw material and not for any other purposes, including use as fuel or for trade,' the directorate general of foreign trade said in a notification. Lithium-ion batteries are used in electric vehicles. The DGFT, however, said that the sulphur content in the NPC should be less than 0.8 per cent, which would be monitored by state pollution control boards. It also said that the import of low-sulphur pet coke is restricted, and its imports are subject to authorisation from the directorate for use in integrated steel plants only for blending with the coking coal in recovery-type coke ovens equipped with desulphurisation plants. This is also subject to terms and conditions set out by the Ministry of Environment, Forest and Climate Change of India. It added that low sulphur pet coke would not be used by the steel industry as fuel or for trade. Needle cokes are used as a primary material for electrodes used in an electric steel furnace that melts and refines steel scrap. Graphite is commonly used to serve as the anode material in lithium-ion battery manufacturing. ### Response: YES

YES

Govt permits import of pet coke as raw material for lithium-ion batteriesThe government on Friday permitted the import of pet coke for making graphite anode material for lithium-ion batteries as a feedstock and not for any other purposes. Import of pet coke for fuel purposes is completely banned. 'Import of needle pet coke (NPC) is 'free' for making graphite anode material for Li-ion battery as feedstock/raw material and not for any other purposes, including use as fuel or for trade,' the directorate general of foreign trade said in a notification. Lithium-ion batteries are used in electric vehicles. The DGFT, however, said that the sulphur content in the NPC should be less than 0.8 per cent, which would be monitored by state pollution control boards. It also said that the import of low-sulphur pet coke is restricted, and its imports are subject to authorisation from the directorate for use in integrated steel plants only for blending with the coking coal in recovery-type coke ovens equipped with desulphurisation plants. This is also subject to terms and conditions set out by the Ministry of Environment, Forest and Climate Change of India. It added that low sulphur pet coke would not be used by the steel industry as fuel or for trade. Needle cokes are used as a primary material for electrodes used in an electric steel furnace that melts and refines steel scrap. Graphite is commonly used to serve as the anode material in lithium-ion battery manufacturing.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Centre to impose stock limits on tur and urad dal till October 31The central government has decided to impose stock limits on pulses – tur and urad till October 31, the ministry of consumer affairs and food and public distribution said on Friday. The move has come after the price of tur and urad saw a sharp jump in prices this week. The prices of the two commodities have been high since early this year which has influenced prices of the entire pulses complex. Lower-than-expected arrivals coupled with good demand are keeping prices under pressure. The government has already allowed the import of both commodities at zero duty till March 2024. “In order to prevent hoarding and unscrupulous speculation and also to improve affordability to the consumer in respect of tur and urad dal, the Government of India has issued an order where it has imposed stock limits on pulses applicable to wholesaler, retailer, big chain retailers, milers and importers,” it said in a statement. The stock limit applicable to each of the pulse individually be will 200 MT, for wholesalers, 5 MT for retailers, 5 MT at each retail outlet and 200 MT at the depot for big chain retailers, last three months of production or 25% of annual installed capacity, whichever is higher for the millers. Importers are not to hold stock beyond 30 days from the date of customs clearance. All have to declare stock position on the portal of the Department of Consumer Affairs and in case stocks held by them are higher than the prescribed limit then they shall bring same bring the same under the prescribed limit within 30 days, the ministry said. ### Response: YES

YES

Centre to impose stock limits on tur and urad dal till October 31The central government has decided to impose stock limits on pulses – tur and urad till October 31, the ministry of consumer affairs and food and public distribution said on Friday. The move has come after the price of tur and urad saw a sharp jump in prices this week. The prices of the two commodities have been high since early this year which has influenced prices of the entire pulses complex. Lower-than-expected arrivals coupled with good demand are keeping prices under pressure. The government has already allowed the import of both commodities at zero duty till March 2024. “In order to prevent hoarding and unscrupulous speculation and also to improve affordability to the consumer in respect of tur and urad dal, the Government of India has issued an order where it has imposed stock limits on pulses applicable to wholesaler, retailer, big chain retailers, milers and importers,” it said in a statement. The stock limit applicable to each of the pulse individually be will 200 MT, for wholesalers, 5 MT for retailers, 5 MT at each retail outlet and 200 MT at the depot for big chain retailers, last three months of production or 25% of annual installed capacity, whichever is higher for the millers. Importers are not to hold stock beyond 30 days from the date of customs clearance. All have to declare stock position on the portal of the Department of Consumer Affairs and in case stocks held by them are higher than the prescribed limit then they shall bring same bring the same under the prescribed limit within 30 days, the ministry said.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: MYSTEEL: China's hot metal output in June to drop to 2.38 mln t/dDaily hot metal output among the 247 Chinese steelmakers under Mysteel's regular survey is likely to decline to about 2.38 million tonnes/day on average this month as a consequence of mills having to trim their finished steel production, according to Mysteel's latest report released on June 1. ### Response: YES

YES

MYSTEEL: China's hot metal output in June to drop to 2.38 mln t/dDaily hot metal output among the 247 Chinese steelmakers under Mysteel's regular survey is likely to decline to about 2.38 million tonnes/day on average this month as a consequence of mills having to trim their finished steel production, according to Mysteel's latest report released on June 1.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Imported Iron Ore Prices To Move Wildly This Week On Multiple Variables After Big Gains Last WeekSHANGHAI, Jun 5 (SMM) – Although many places were affected by high temperature or rain last week, the apparent demand for building materials increased significantly. In addition, the Caixin PMI data showed that both manufacturing and non-manufacturing data were better than expected. These, coupled with the strike in Brazil and the suspension of railway lines in South Africa, pushed up iron ore prices sharply last week. The spot prices of PB fines at ports in Shandong rose 15-20 yuan/mt on a weekly basis.Recent price rally and the need to achieve quarterly targets may drive overseas mines to ramp up shipments. With only a few blast furnaces under maintenance or resuming production, iron ore demand will be basically stable. Steel demand will continue to weaken in the off-season. Crude steel production cap policy may be implemented. In this context, imported iron ore prices may move wildly this week.More popular newsFitch Says Falling Commodity Demand Causes Industrial Production To Cool Rapidly And Softer Commodity Prices Such As Copper Are Clear Signs Of Economic SlowdownKey Takeaway from SMM 2023 Indonesia Nickel and Cobalt Industry Chain Conference: Global Nickel and Stainless Steel Market Outlook 2023-2027 and Indonesia’s Critical Role in Attracting Chinese Investment ANZ Bank Is Bearish Towards Iron Ore Prices, Citing Four Key Negative Developments In ChinaFitch: Global Trade Is Slowing Sharply And May Grow Only 1.9% This YearOne Of China's Top Two Lithium Giant To Expand Capacity Aggressively As It Bets On Nev And Energy Storage Markets In The Long Run, Despite Cyclical Downturn Of Lithium Carbonate PricesBHP Plans To Expand Iron Ore Production AggressivelySouth China Battles Power Crisis, The Worst This YearTesla to Compete with Chinese NEV Rivals Using Redesigned Model 3 Soon, China Has Become Tesla's Second Largest Market after the USFor queries, please contact Michael Jiang at michaeljiang@smm.cn For more information on how to access our research reports, please email service.en@smm.cn ### Response: YES

YES

Imported Iron Ore Prices To Move Wildly This Week On Multiple Variables After Big Gains Last WeekSHANGHAI, Jun 5 (SMM) – Although many places were affected by high temperature or rain last week, the apparent demand for building materials increased significantly. In addition, the Caixin PMI data showed that both manufacturing and non-manufacturing data were better than expected. These, coupled with the strike in Brazil and the suspension of railway lines in South Africa, pushed up iron ore prices sharply last week. The spot prices of PB fines at ports in Shandong rose 15-20 yuan/mt on a weekly basis.Recent price rally and the need to achieve quarterly targets may drive overseas mines to ramp up shipments. With only a few blast furnaces under maintenance or resuming production, iron ore demand will be basically stable. Steel demand will continue to weaken in the off-season. Crude steel production cap policy may be implemented. In this context, imported iron ore prices may move wildly this week.More popular newsFitch Says Falling Commodity Demand Causes Industrial Production To Cool Rapidly And Softer Commodity Prices Such As Copper Are Clear Signs Of Economic SlowdownKey Takeaway from SMM 2023 Indonesia Nickel and Cobalt Industry Chain Conference: Global Nickel and Stainless Steel Market Outlook 2023-2027 and Indonesia’s Critical Role in Attracting Chinese Investment ANZ Bank Is Bearish Towards Iron Ore Prices, Citing Four Key Negative Developments In ChinaFitch: Global Trade Is Slowing Sharply And May Grow Only 1.9% This YearOne Of China's Top Two Lithium Giant To Expand Capacity Aggressively As It Bets On Nev And Energy Storage Markets In The Long Run, Despite Cyclical Downturn Of Lithium Carbonate PricesBHP Plans To Expand Iron Ore Production AggressivelySouth China Battles Power Crisis, The Worst This YearTesla to Compete with Chinese NEV Rivals Using Redesigned Model 3 Soon, China Has Become Tesla's Second Largest Market after the USFor queries, please contact Michael Jiang at michaeljiang@smm.cn For more information on how to access our research reports, please email service.en@smm.cn

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: SMM Aluminium Market Morning Comment (June 5)SHANGHAI, Jun 5 (SMM) –The most-traded SHFE 2307 aluminium contract opened at 18,480 yuan/mt at last Friday’s night session, with its low and high at 18,370 yuan/mt and 18,520 yuan/mt before closing at 18,385 yuan/mt, down 95 yuan/mt, or 0.51%. LME aluminium opened at $2,275/mt last Friday, with its low and high at $2,256/mt and $2,314.5/mt respectively before closing at $2,267.5/mt, a drop of $2.5/mt or 0.11%.The United States passed the debt ceiling bill, thus the market risk sentiment has improved, but overseas economic recession concerns still remain. The growth of domestic operating aluminium production capacity has slowed down. Smelters in Yunnan are unlikely to resume production on a large scale in the near term. Demand weakened, but social inventories of aluminium ingots continued to fall as smelters kept low share of ingot output. Low inventories will boost aluminium prices, but the upward room will be capped by poor demand.More popular newsFitch Says Falling Commodity Demand Causes Industrial Production To Cool Rapidly And Softer Commodity Prices Such As Copper Are Clear Signs Of Economic SlowdownKey Takeaway from SMM 2023 Indonesia Nickel and Cobalt Industry Chain Conference: Global Nickel and Stainless Steel Market Outlook 2023-2027 and Indonesia’s Critical Role in Attracting Chinese Investment ANZ Bank Is Bearish Towards Iron Ore Prices, Citing Four Key Negative Developments In ChinaOne Of China's Top Two Lithium Giant To Expand Capacity Aggressively As It Bets On Nev And Energy Storage Markets In The Long Run, Despite Cyclical Downturn Of Lithium Carbonate PricesBHP Plans To Expand Iron Ore Production AggressivelySouth China Battles Power Crisis, The Worst This YearTesla to Compete with Chinese NEV Rivals Using Redesigned Model 3 Soon, China Has Become Tesla's Second Largest Market after the USFor queries, please contact Michael Jiang at michaeljiang@smm.cn For more information on how to access our research reports, please email service.en@smm.cn ### Response: YES

YES

SMM Aluminium Market Morning Comment (June 5)SHANGHAI, Jun 5 (SMM) –The most-traded SHFE 2307 aluminium contract opened at 18,480 yuan/mt at last Friday’s night session, with its low and high at 18,370 yuan/mt and 18,520 yuan/mt before closing at 18,385 yuan/mt, down 95 yuan/mt, or 0.51%. LME aluminium opened at $2,275/mt last Friday, with its low and high at $2,256/mt and $2,314.5/mt respectively before closing at $2,267.5/mt, a drop of $2.5/mt or 0.11%.The United States passed the debt ceiling bill, thus the market risk sentiment has improved, but overseas economic recession concerns still remain. The growth of domestic operating aluminium production capacity has slowed down. Smelters in Yunnan are unlikely to resume production on a large scale in the near term. Demand weakened, but social inventories of aluminium ingots continued to fall as smelters kept low share of ingot output. Low inventories will boost aluminium prices, but the upward room will be capped by poor demand.More popular newsFitch Says Falling Commodity Demand Causes Industrial Production To Cool Rapidly And Softer Commodity Prices Such As Copper Are Clear Signs Of Economic SlowdownKey Takeaway from SMM 2023 Indonesia Nickel and Cobalt Industry Chain Conference: Global Nickel and Stainless Steel Market Outlook 2023-2027 and Indonesia’s Critical Role in Attracting Chinese Investment ANZ Bank Is Bearish Towards Iron Ore Prices, Citing Four Key Negative Developments In ChinaOne Of China's Top Two Lithium Giant To Expand Capacity Aggressively As It Bets On Nev And Energy Storage Markets In The Long Run, Despite Cyclical Downturn Of Lithium Carbonate PricesBHP Plans To Expand Iron Ore Production AggressivelySouth China Battles Power Crisis, The Worst This YearTesla to Compete with Chinese NEV Rivals Using Redesigned Model 3 Soon, China Has Become Tesla's Second Largest Market after the USFor queries, please contact Michael Jiang at michaeljiang@smm.cn For more information on how to access our research reports, please email service.en@smm.cn

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Chinese Aluminium Market Sees Growing Output And Softening ConsumptionSHANGHAI, Jun 5 (SMM) –Fundamentals: According to SMM’s preliminary estimate, the domestic operating aluminium capacity rose to 40.92 million mt at the end of May, and the domestic aluminium output rose 1% year-on-year to around 3.47 million mt in May, mainly driven by production resumption in Guizhou and Sichuan. Smelters maintained high proportion of molten aluminium output last month. Downstream operating rates fell slightly last week, and will continue to drop in June due to falling orders in the off-season. During the week, spot premiums shrank as higher prices hurt purchases. More popular newsFitch Says Falling Commodity Demand Causes Industrial Production To Cool Rapidly And Softer Commodity Prices Such As Copper Are Clear Signs Of Economic SlowdownKey Takeaway from SMM 2023 Indonesia Nickel and Cobalt Industry Chain Conference: Global Nickel and Stainless Steel Market Outlook 2023-2027 and Indonesia’s Critical Role in Attracting Chinese Investment ANZ Bank Is Bearish Towards Iron Ore Prices, Citing Four Key Negative Developments In ChinaFitch: Global Trade Is Slowing Sharply And May Grow Only 1.9% This YearOne Of China's Top Two Lithium Giant To Expand Capacity Aggressively As It Bets On Nev And Energy Storage Markets In The Long Run, Despite Cyclical Downturn Of Lithium Carbonate PricesBHP Plans To Expand Iron Ore Production AggressivelySouth China Battles Power Crisis, The Worst This YearTesla to Compete with Chinese NEV Rivals Using Redesigned Model 3 Soon, China Has Become Tesla's Second Largest Market after the USFor queries, please contact Michael Jiang at michaeljiang@smm.cn For more information on how to access our research reports, please email service.en@smm.cn ### Response: NO

NO

Chinese Aluminium Market Sees Growing Output And Softening ConsumptionSHANGHAI, Jun 5 (SMM) –Fundamentals: According to SMM’s preliminary estimate, the domestic operating aluminium capacity rose to 40.92 million mt at the end of May, and the domestic aluminium output rose 1% year-on-year to around 3.47 million mt in May, mainly driven by production resumption in Guizhou and Sichuan. Smelters maintained high proportion of molten aluminium output last month. Downstream operating rates fell slightly last week, and will continue to drop in June due to falling orders in the off-season. During the week, spot premiums shrank as higher prices hurt purchases. More popular newsFitch Says Falling Commodity Demand Causes Industrial Production To Cool Rapidly And Softer Commodity Prices Such As Copper Are Clear Signs Of Economic SlowdownKey Takeaway from SMM 2023 Indonesia Nickel and Cobalt Industry Chain Conference: Global Nickel and Stainless Steel Market Outlook 2023-2027 and Indonesia’s Critical Role in Attracting Chinese Investment ANZ Bank Is Bearish Towards Iron Ore Prices, Citing Four Key Negative Developments In ChinaFitch: Global Trade Is Slowing Sharply And May Grow Only 1.9% This YearOne Of China's Top Two Lithium Giant To Expand Capacity Aggressively As It Bets On Nev And Energy Storage Markets In The Long Run, Despite Cyclical Downturn Of Lithium Carbonate PricesBHP Plans To Expand Iron Ore Production AggressivelySouth China Battles Power Crisis, The Worst This YearTesla to Compete with Chinese NEV Rivals Using Redesigned Model 3 Soon, China Has Become Tesla's Second Largest Market after the USFor queries, please contact Michael Jiang at michaeljiang@smm.cn For more information on how to access our research reports, please email service.en@smm.cn

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: India: Steel, raw material prices slide m-o-m in MayCoking coal sees steepest fall. Global cues weigh on Indian prices. Short term may see further price drops. ### Response: YES

YES

India: Steel, raw material prices slide m-o-m in MayCoking coal sees steepest fall. Global cues weigh on Indian prices. Short term may see further price drops.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Turkiye's imported scrap prices rise marginally on moderate tradeTurkiye's imported scrap prices witnessed a slight increase w-o-w as trade activities continued at a moderate pace. The decline in Turkish mills' crude steel output during April can be attributed to a sluggish finished product market environment. ### Response: YES

YES

Turkiye's imported scrap prices rise marginally on moderate tradeTurkiye's imported scrap prices witnessed a slight increase w-o-w as trade activities continued at a moderate pace. The decline in Turkish mills' crude steel output during April can be attributed to a sluggish finished product market environment.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Oil prices surge after Saudi pledges more supply cutsThe group also agreed to reduce overall production targets, starting from January 2024, by 1.4 million bpd. But a bulk of these reductions will bring production targets for Russia, Nigeria and Angola in line with real current production levels. The move comes as the oil cartel seeks to increase crude prices and maintain the value of its main export. Saudi Arabia is also seeking to dissuade speculators from betting against crude prices, which have seen a substantial increase in short interest this year.Brent oil futures rose 1.7% to $77.66 a barrel, while West Texas Intermediate crude futures rose 2% to $73.17 a barrel by 20:10 ET (00:10 GMT). Both contracts were still trading down between 6% and 8% for the year.The OPEC+ cuts come as fears of slowing economic growth and weak demand battered oil prices this year, with crude marking five straight months of losses. A surprise production cut from the cartel in April provided a limited boost to crude prices, as markets fretted over a potential U.S. debt default and as weak economic readings from China cast doubts over a recovery in demand this year. Sunday’s cuts now herald tighter oil markets in the second half of 2023, and could keep prices relatively supported, even as economic conditions deteriorate and interest rates rise.A string of weak economic readings from China pointed to an uneven recovery in the world's largest oil importer, which could in turn keep demand limited later this year. Economic powerhouses such as the Euro Zone and the U.S. are also grappling with a slowdown in manufacturing activity this year, which is expected to weigh on economic growth this year.U.S. interest rates are also expected to stay higher for longer, especially as nonfarm payrolls grew more than expected through May. ### Response: YES

YES

Oil prices surge after Saudi pledges more supply cutsThe group also agreed to reduce overall production targets, starting from January 2024, by 1.4 million bpd. But a bulk of these reductions will bring production targets for Russia, Nigeria and Angola in line with real current production levels. The move comes as the oil cartel seeks to increase crude prices and maintain the value of its main export. Saudi Arabia is also seeking to dissuade speculators from betting against crude prices, which have seen a substantial increase in short interest this year.Brent oil futures rose 1.7% to $77.66 a barrel, while West Texas Intermediate crude futures rose 2% to $73.17 a barrel by 20:10 ET (00:10 GMT). Both contracts were still trading down between 6% and 8% for the year.The OPEC+ cuts come as fears of slowing economic growth and weak demand battered oil prices this year, with crude marking five straight months of losses. A surprise production cut from the cartel in April provided a limited boost to crude prices, as markets fretted over a potential U.S. debt default and as weak economic readings from China cast doubts over a recovery in demand this year. Sunday’s cuts now herald tighter oil markets in the second half of 2023, and could keep prices relatively supported, even as economic conditions deteriorate and interest rates rise.A string of weak economic readings from China pointed to an uneven recovery in the world's largest oil importer, which could in turn keep demand limited later this year. Economic powerhouses such as the Euro Zone and the U.S. are also grappling with a slowdown in manufacturing activity this year, which is expected to weigh on economic growth this year.U.S. interest rates are also expected to stay higher for longer, especially as nonfarm payrolls grew more than expected through May.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Oil jumps 2% on Saudi plan to deepen output cuts from JulyBrent crude futures were at $77.64 a barrel, up $1.51, or 2%, at 0014 GMT after earlier hitting a session-high of $78.73 a barrel.U.S. West Texas Intermediate crude climbed $1.41, or 2%, to $73.15 a barrel, after touching an intraday high of $75.06 a barrel.Both contracts extended gains after rising more than 2% on Friday as the Saudi energy ministry said on Sunday its output would drop to 9 million barrels per day (bpd) in July from around 10 million bpd in May, the kingdom's biggest reduction in years.The voluntary cut pledged by Saudi is on top of a broader deal by the Organization of the Petroleum Exporting Countries and their allies including Russia to limit supply into 2024 as the group seeks to boost flagging oil prices.The group, known as OPEC+, pumps around 40% of the world's crude and has in place cuts of 3.66 million bpd, amounting to 3.6% of global demand.'The move by Saudi Arabia is likely to come as a surprise, considering the most recent change to quotas had only been in effect for a month,' ANZ analysts said in a note.'The oil market now looks like it will be even tighter in the second half of the year.'Consultancy Rystad Energy said the additional cut by Saudi is likely to deepen the market deficit to more than 3 million bpd in July, which could push prices higher in the coming weeks.Goldman Sachs (NYSE:GS) analysts said the meeting was 'moderately bullish' for oil markets and could boost December 2023 Brent prices by $1-$6 a barrel depending on how long Saudi Arabia maintains output at 9 million bpd over the next six months.However many of these reductions will have little real impact as the group lowered the targets for Russia, Nigeria and Angola to bring them into line with their actual production levels.By contrast, the United Arab Emirates was allowed to raise output targets by around 200,000 bpd to 3.22 million bpd.'UAE has been allowed to expand output, at the expense of African nations, which had their unused quotas lowered under the new agreement,' ANZ said.In the United States, the number of operating oil rigs slumped by 15 to 555 last week, their lowest since April 2022, Baker Hughes Co said in its weekly report on Friday.Drilling has slowed since December due to weaker prices, higher costs and as companies divert spending to repaying shareholders. ### Response: YES

YES

Oil jumps 2% on Saudi plan to deepen output cuts from JulyBrent crude futures were at $77.64 a barrel, up $1.51, or 2%, at 0014 GMT after earlier hitting a session-high of $78.73 a barrel.U.S. West Texas Intermediate crude climbed $1.41, or 2%, to $73.15 a barrel, after touching an intraday high of $75.06 a barrel.Both contracts extended gains after rising more than 2% on Friday as the Saudi energy ministry said on Sunday its output would drop to 9 million barrels per day (bpd) in July from around 10 million bpd in May, the kingdom's biggest reduction in years.The voluntary cut pledged by Saudi is on top of a broader deal by the Organization of the Petroleum Exporting Countries and their allies including Russia to limit supply into 2024 as the group seeks to boost flagging oil prices.The group, known as OPEC+, pumps around 40% of the world's crude and has in place cuts of 3.66 million bpd, amounting to 3.6% of global demand.'The move by Saudi Arabia is likely to come as a surprise, considering the most recent change to quotas had only been in effect for a month,' ANZ analysts said in a note.'The oil market now looks like it will be even tighter in the second half of the year.'Consultancy Rystad Energy said the additional cut by Saudi is likely to deepen the market deficit to more than 3 million bpd in July, which could push prices higher in the coming weeks.Goldman Sachs (NYSE:GS) analysts said the meeting was 'moderately bullish' for oil markets and could boost December 2023 Brent prices by $1-$6 a barrel depending on how long Saudi Arabia maintains output at 9 million bpd over the next six months.However many of these reductions will have little real impact as the group lowered the targets for Russia, Nigeria and Angola to bring them into line with their actual production levels.By contrast, the United Arab Emirates was allowed to raise output targets by around 200,000 bpd to 3.22 million bpd.'UAE has been allowed to expand output, at the expense of African nations, which had their unused quotas lowered under the new agreement,' ANZ said.In the United States, the number of operating oil rigs slumped by 15 to 555 last week, their lowest since April 2022, Baker Hughes Co said in its weekly report on Friday.Drilling has slowed since December due to weaker prices, higher costs and as companies divert spending to repaying shareholders.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Gold prices dip amid rate hike uncertainty, copper retreatsThe yellow metal fell on Friday after U.S. nonfarm payrolls data read much stronger than expected for May, which posited a hawkish outlook for the Fed as it moves to bring down high inflation.But some Fed officials also suggested last week that the central bank may hold rates steady in June, as it gauges the impact of its monetary tightening measures on the economy over the past year. Regardless of its decision in June, the central bank is most likely to keep rates higher for longer- a scenario that bodes poorly for non-yielding assets such as gold. Strength in the dollar, on the prospect of elevated interest rates, weighed on bullion prices on Monday.Increased risk appetite, after the U.S. government passed a bill to raise the debt ceiling, also kept investors out of risk-averse assets such as gold. Spot gold fell slightly to $1,947.89 an ounce, while gold futures fell 0.3% to $1.963.90 an ounce by 21:14 ET (01:14 GMT). Both instruments were trading close to over two-month lows.Fed Fund futures prices show that markets are pricing in a nearly 80% chance the Fed will keep rates steady in June. But given that recent inflation and labor data read above market expectations, the bank may still hike rates further.Gold is still expected to benefit from increased safe haven demand this year, especially as global economic conditions worsen amid pressure from high interest rates. But this notion weighed heavily on copper prices, which retreated on Monday. Copper futures fell 0.4% to $3.7180 a pound.A string of weak economic readings from the U.S., Euro Zone and China had battered copper prices in recent weeks, pulling them to six-month lows as markets feared a slowdown in demand for the red metal.Focus this week is on more cues from the world’s largest economies, including trade data from China and U.S. service sector activity.  ### Response: YES

YES

Gold prices dip amid rate hike uncertainty, copper retreatsThe yellow metal fell on Friday after U.S. nonfarm payrolls data read much stronger than expected for May, which posited a hawkish outlook for the Fed as it moves to bring down high inflation.But some Fed officials also suggested last week that the central bank may hold rates steady in June, as it gauges the impact of its monetary tightening measures on the economy over the past year. Regardless of its decision in June, the central bank is most likely to keep rates higher for longer- a scenario that bodes poorly for non-yielding assets such as gold. Strength in the dollar, on the prospect of elevated interest rates, weighed on bullion prices on Monday.Increased risk appetite, after the U.S. government passed a bill to raise the debt ceiling, also kept investors out of risk-averse assets such as gold. Spot gold fell slightly to $1,947.89 an ounce, while gold futures fell 0.3% to $1.963.90 an ounce by 21:14 ET (01:14 GMT). Both instruments were trading close to over two-month lows.Fed Fund futures prices show that markets are pricing in a nearly 80% chance the Fed will keep rates steady in June. But given that recent inflation and labor data read above market expectations, the bank may still hike rates further.Gold is still expected to benefit from increased safe haven demand this year, especially as global economic conditions worsen amid pressure from high interest rates. But this notion weighed heavily on copper prices, which retreated on Monday. Copper futures fell 0.4% to $3.7180 a pound.A string of weak economic readings from the U.S., Euro Zone and China had battered copper prices in recent weeks, pulling them to six-month lows as markets feared a slowdown in demand for the red metal.Focus this week is on more cues from the world’s largest economies, including trade data from China and U.S. service sector activity. 

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: U.S. oil and gas output still rising in response to high prices last yearU.S. oil and gas production continued to rise strongly in March – the delayed impact of very high prices that prevailed until the third quarter of 2022. ### Response: YES

YES

U.S. oil and gas output still rising in response to high prices last yearU.S. oil and gas production continued to rise strongly in March – the delayed impact of very high prices that prevailed until the third quarter of 2022.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: European natural gas prices fall to lowest level since 2021 amid rising stockpilesEuropean natural gas prices have fallen to their lowest since May 2021 amid rising stockpiles and lower demand. ### Response: YES

YES

European natural gas prices fall to lowest level since 2021 amid rising stockpilesEuropean natural gas prices have fallen to their lowest since May 2021 amid rising stockpiles and lower demand.

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: World Sugar Market – Weekly Comment – Episode 92FRESH AND DELICIOUS NEWS The sugar market played an important role this week with July/2023 closing out Friday’s session at 24.74 cents per pound, a 63-point downturn or almost 14 dollars per ton. The real appreciation against the dollar in the weekly accumulated, though only 0.5%, helped prices shrink by more than R$100 per ton. The sugar curve in NY flattened about 60 points in the months related to the 2023/2024 crop of the Center-South, shrank 6 points on average in the 2024/2025 crop and appreciated 20 points on average in the 2025/2026 crop. The perception of a smaller interest rate in Brazil and the possibility of an increase in the interest rate abroad decrease the amount of real offered along the curve, which demands a higher break-even price in cents per pound down the road. That’s our take on it. The total accumulated of crushed sugarcane in the first two weeks of May, according to the UNICA report, was 79 million tons, a volume 24% above that of the same period last year, but still smaller than that of the six previous crops. The accumulated sugar production grew 48%, while the pro-sugar production mix went up 7%, from 38.50% last year to 45.61% this year. And it should hit 48%. The sugar value traded at the NY exchange converted into real by the rate published by the Central Bank and adjusted for the inflation rate, closed out Friday at R$2,816 per ton, almost R$150 per ton below the average seen in May. As we said here last week, the market will need fresh and delicious news to be able to keep this level of high prices. For now, there isn’t any. The non-index funds have started to get rid of their long positions. Last week, according to the COT (Commitment of Traders), published Friday based on the previous Tuesday’s position, they have already liquidated 28,698 contracts. The market corrected only 47 points with this exit. If they settle 50,000 contracts, might we see a drop of more than 100 points in NY? I don’t doubt it, and how about you, dear reader? Note that the 50-day average of the NY closing is at 24.52 cents per pound, while the market hit 24.57 cents per pound on Friday. This can be a sensitive point for the funds. A sharp fall at this level can trigger a new wave of liquidation. But, if you have fixed your sugar prices in real per ton and bought a call 150-200 points above, you have no reason to worry. But, if you haven’t fixed anything and is waiting on NY to get to 30 cents per pound or R$3,500 per ton, you’d better increase the stock of offerings for your favorite saint. The bulls can only truly believe in climate stresses (read El Niño) for NY to be able to stay on these levels. Meanwhile, oil and gas continue slipping this week, putting even more pressure on hydrous with the real appreciation and the mills – as we have seen in the UNICA report – turning the key to maximize sugar production. Where is the deficit? What we see and hear out there is that the market is starting to adjust the crushing forecast of the current Center-South crop upward. A number superior to 600 million tons is already consensual. And the sugar production that some people estimated at 37 million tons starts to approach 39 million tons. Where is the deficit? Therefore, the bulls can only expect that the temperature will get to 50° Celsius in Thailand, that El Niño will come in full force, that the rain will interrupt the crushing in the Center-South, that the port will get jammed with the super grain crop, that there will be a perfect storm so that the bulls can celebrate in high style. Be careful – there is a bear on the watch. You all have a great weekend. To read the previous episodes of World Sugar Market – Weekly Comment, click here To get in touch with Mr. Arnaldo, write on arnaldo@archerconsulting.com.br   ### Response: YES

YES

World Sugar Market – Weekly Comment – Episode 92FRESH AND DELICIOUS NEWS The sugar market played an important role this week with July/2023 closing out Friday’s session at 24.74 cents per pound, a 63-point downturn or almost 14 dollars per ton. The real appreciation against the dollar in the weekly accumulated, though only 0.5%, helped prices shrink by more than R$100 per ton. The sugar curve in NY flattened about 60 points in the months related to the 2023/2024 crop of the Center-South, shrank 6 points on average in the 2024/2025 crop and appreciated 20 points on average in the 2025/2026 crop. The perception of a smaller interest rate in Brazil and the possibility of an increase in the interest rate abroad decrease the amount of real offered along the curve, which demands a higher break-even price in cents per pound down the road. That’s our take on it. The total accumulated of crushed sugarcane in the first two weeks of May, according to the UNICA report, was 79 million tons, a volume 24% above that of the same period last year, but still smaller than that of the six previous crops. The accumulated sugar production grew 48%, while the pro-sugar production mix went up 7%, from 38.50% last year to 45.61% this year. And it should hit 48%. The sugar value traded at the NY exchange converted into real by the rate published by the Central Bank and adjusted for the inflation rate, closed out Friday at R$2,816 per ton, almost R$150 per ton below the average seen in May. As we said here last week, the market will need fresh and delicious news to be able to keep this level of high prices. For now, there isn’t any. The non-index funds have started to get rid of their long positions. Last week, according to the COT (Commitment of Traders), published Friday based on the previous Tuesday’s position, they have already liquidated 28,698 contracts. The market corrected only 47 points with this exit. If they settle 50,000 contracts, might we see a drop of more than 100 points in NY? I don’t doubt it, and how about you, dear reader? Note that the 50-day average of the NY closing is at 24.52 cents per pound, while the market hit 24.57 cents per pound on Friday. This can be a sensitive point for the funds. A sharp fall at this level can trigger a new wave of liquidation. But, if you have fixed your sugar prices in real per ton and bought a call 150-200 points above, you have no reason to worry. But, if you haven’t fixed anything and is waiting on NY to get to 30 cents per pound or R$3,500 per ton, you’d better increase the stock of offerings for your favorite saint. The bulls can only truly believe in climate stresses (read El Niño) for NY to be able to stay on these levels. Meanwhile, oil and gas continue slipping this week, putting even more pressure on hydrous with the real appreciation and the mills – as we have seen in the UNICA report – turning the key to maximize sugar production. Where is the deficit? What we see and hear out there is that the market is starting to adjust the crushing forecast of the current Center-South crop upward. A number superior to 600 million tons is already consensual. And the sugar production that some people estimated at 37 million tons starts to approach 39 million tons. Where is the deficit? Therefore, the bulls can only expect that the temperature will get to 50° Celsius in Thailand, that El Niño will come in full force, that the rain will interrupt the crushing in the Center-South, that the port will get jammed with the super grain crop, that there will be a perfect storm so that the bulls can celebrate in high style. Be careful – there is a bear on the watch. You all have a great weekend. To read the previous episodes of World Sugar Market – Weekly Comment, click here To get in touch with Mr. Arnaldo, write on arnaldo@archerconsulting.com.br  

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: Mustard Oil Price: विदेशी बाजारों में गिरावट के रुख सरसों तेल हुआ मंदा, आगे गिरावट के आसार कमMustard Oil Price: अन्तर्राष्ट्रीय मार्केट में खाद्य तेलों की क़ीमतों में गिरावट एवं कमजोर मांग के चलते बीते कुछ दिनों में सरसों तेल के भाव 700 रुपये प्रति क्विंटल तक घट चुके है । बाज़ार के जानकारों की माने तो भविष्य में सरसों तेल के दाम में इसमें और ज्यादा गिरावट की फिलहाल गुंजाईश नज़र नहीं आ रही ।ताजा सर्वे के अनुसार विदेशी तेलों में  मंदी का रुख जारी रहने एवं मांग कमजोर होने से एक माह के दौरान सरसों तेल के भाव 700 रुपए  घटकर 9300-9500 रुपए प्रति कुंतल रह गए। सरसों तेल टीनों में 100 रुपए घटकर 1650/1900 रुपए पर आ गया। आपूर्ति बढ़ने से उक्त अवधि के दौरान दादरी मंडी में इसके भाव 700 रुपए घटकर 9100 रुपए प्रति कुंटल रह गए। बिहार, बंगाल की मांग कमजोर होने से राजस्थान की मंडियों में सरसों तेल कच्ची घानी के भाव 700 रुपए घटकर 9500 रूपए प्रति कुंतल रह गए। उक्त अवधि के दौरान विदेशी तेलों में आयातको की बिकवाली का दबाव बढ़ने से सोयाबीन व सनफ्लावर ऑयल की कीमत लुढ़क गई। फलस्वरूप सरसों तेल में मंदे को बल मिला। सरसों का उत्पादन मुख्यतराजस्थान, हरियाणा, उत्तर प्रदेश, मध्य प्रदेश, छत्तीसगढ़, गुजरात, बिहार, बंगाल इत्यादि राज्यों में होता हैं। मार्च माह में  सम्पन्न हुए रबी सेमिनार में सरसों का उत्पादन 113 लाख टन के लगभग अनुमान व्यक्त  किया गया है । जबकि सरकारी अनुमान 128 लाख टन से अधिक होने का व्यक्त किया गया है। ### Response: YES

YES

Mustard Oil Price: विदेशी बाजारों में गिरावट के रुख सरसों तेल हुआ मंदा, आगे गिरावट के आसार कमMustard Oil Price: अन्तर्राष्ट्रीय मार्केट में खाद्य तेलों की क़ीमतों में गिरावट एवं कमजोर मांग के चलते बीते कुछ दिनों में सरसों तेल के भाव 700 रुपये प्रति क्विंटल तक घट चुके है । बाज़ार के जानकारों की माने तो भविष्य में सरसों तेल के दाम में इसमें और ज्यादा गिरावट की फिलहाल गुंजाईश नज़र नहीं आ रही ।ताजा सर्वे के अनुसार विदेशी तेलों में  मंदी का रुख जारी रहने एवं मांग कमजोर होने से एक माह के दौरान सरसों तेल के भाव 700 रुपए  घटकर 9300-9500 रुपए प्रति कुंतल रह गए। सरसों तेल टीनों में 100 रुपए घटकर 1650/1900 रुपए पर आ गया। आपूर्ति बढ़ने से उक्त अवधि के दौरान दादरी मंडी में इसके भाव 700 रुपए घटकर 9100 रुपए प्रति कुंटल रह गए। बिहार, बंगाल की मांग कमजोर होने से राजस्थान की मंडियों में सरसों तेल कच्ची घानी के भाव 700 रुपए घटकर 9500 रूपए प्रति कुंतल रह गए। उक्त अवधि के दौरान विदेशी तेलों में आयातको की बिकवाली का दबाव बढ़ने से सोयाबीन व सनफ्लावर ऑयल की कीमत लुढ़क गई। फलस्वरूप सरसों तेल में मंदे को बल मिला। सरसों का उत्पादन मुख्यतराजस्थान, हरियाणा, उत्तर प्रदेश, मध्य प्रदेश, छत्तीसगढ़, गुजरात, बिहार, बंगाल इत्यादि राज्यों में होता हैं। मार्च माह में  सम्पन्न हुए रबी सेमिनार में सरसों का उत्पादन 113 लाख टन के लगभग अनुमान व्यक्त  किया गया है । जबकि सरकारी अनुमान 128 लाख टन से अधिक होने का व्यक्त किया गया है।

You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only.

Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request. ### Instruction: You are the editor of a prestigious Commodity News Platform. You have a lot of news articles from which you have to decide which ones should be displayed on your platform. Consider whether the news article has a direct impact on the general market value of relevant commodities such as metals, chemicals, polymers, agri commodities, petrochemicals, and building materials. Prioritize articles that talk about the prices and demand-supply dynamics within these sectors. Focus on news that provides valuable insights into market trends, supply chain disruptions, regulatory changes, or innovations within the manufacturing and infrastructure sectors. Must include those articles that are offering users information that can influence their procurement decisions and business strategies positively.You have to provide output as either 'YES' or 'NO' only. ### Input: India’s import of Russian oil scales new high in MayIndia took 1.96 million barrels a day from Russia in May, 15 per cent more than the previous high in April, according to data from energy cargo tracker Vortexa. ### Response: YES

YES

India’s import of Russian oil scales new high in MayIndia took 1.96 million barrels a day from Russia in May, 15 per cent more than the previous high in April, according to data from energy cargo tracker Vortexa.