BPick of BL commodities -October 11, 2026
El Nino, which is currently unfolding, may be the strongest since the 1950s. The El Niño-created warm weather has affected tomato production, resulting in its prices doubling in a month. India’s red chilli area may rise 30 per cent this year, but dry weather may limit its gains. Fertilizer sales have dropped under the Framework for Fertilizer Sales pilot project. Central banks across the world continued to accumulate gold in August.
El Nino, which is currently unfolding, may be the strongest since the 1950s. The El Niño-created warm weather has affected tomato production, resulting in its prices doubling in a month. India’s red chilli area may rise 30 per cent this year, but dry weather may limit its gains. Fertilizer sales have dropped under the Framework for Fertilizer Sales pilot project. Central banks across the world continued to accumulate gold in August.
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