A consolidated view of market events, assembled from diverse sources.
Stockbroking platform Lemonn has launched commodity futures and options trading on MCX, covering precious metals, base metals, and energy commodities. This expansion follows significant growth in India's commodity derivatives market, which reached ₹183.3 lakh crore turnover in FY26, with trading hours extended to 11:55 PM for global market access.
Taiwan Premier Cho Jung-tai confirmed the government's commitment to invest up to $4.4 billion in Alaska's LNG project, purchasing 6 million metric tonnes annually once production begins in 2029. The announcement follows President Trump's Tuesday rally announcement and represents Taiwan's strategy to reduce energy dependence while supporting US LNG exports.
The Indian government has released a record 1.4 million tonnes of sugar quota for the second fortnight of October 2026, two days ahead of schedule, to control prices that surged by nearly ₹1,000 per quintal in the past 10 days. This follows the government's decision to advance the sugar crushing season to October 15 from November 1 and implement stricter dealer stock limits to ensure adequate festive season availability.
China's thermal coal prices have surged over 40% year-on-year to reach 1,003 yuan per tonne as of October 10, driven by domestic production declines of more than 3% and supply chain disruptions including three weeks of rail maintenance. Despite being October, traditionally an off-season, robust demand from power generation has pushed prices to record levels, with electricity consumption reaching 1.0332 trillion kWh in August alone.
Coal stocks at domestic power plants have stabilized above 18 million tonnes since late September, with depletion rates improving from 0.24 MT per day in September to 0.06 MT per day in early October. The improvement was driven by increased rake loading of 469 rakes per day and higher supplies of 2.49 MT daily, supporting a 10% increase in power generation to 640.05 billion units in the first half of FY27.
India's 2026 El Niño is intensifying with peak impact expected in late October-November, following a 13% rainfall deficit that made the monsoon the driest in 11 years. While the Indian Ocean Dipole remains neutral and may provide limited relief, India's $17 billion edible oil import bill faces additional pressure from global supply surges, with global vegetable oil exports forecast to reach record 141 million tonnes in 2026/27.
Retail traders are increasingly shifting from equity index options to commodity options on MCX, driven by sharper price swings in energy and bullion markets and favorable tax structures. The shift is evidenced by a 15% increase in metals and energy options turnover and nearly doubled client participation on MCX, while equity options face higher transaction taxes and regulatory constraints.
Home-cooked meal costs surged significantly in September 2025, with vegetarian thali prices rising 10% year-on-year to ₹30.8 and non-vegetarian thali increasing 6% to ₹59.5, primarily driven by a massive 89% jump in onion prices to ₹53 per kg due to supply constraints. According to Crisil's monthly Roti Rice Rate report, the inflation was further fueled by higher vegetable oil, LPG, and rice prices, with onion prices expected to remain elevated through October due to delayed kharif arrivals and seasonal festive demand.
Senco Gold shares surged 12% following exceptional Q2 FY27 results with 31% revenue growth and 19% same-store sales growth, driven by festive demand and strong performance in diamond and studded jewellery segments. The company achieved its highest-ever H1 revenue of over ₹5,000 crore and crossed ₹10,000 crore TTM sales milestone, while expanding its retail network to 215 showrooms with plans for 10-12 additional stores in H2.
Copper futures on the London Metal Exchange rose 1.2% to ₹1,413.45 per metric ton driven by Chilean mine strikes and supply disruptions, with Chilean production falling 12.8% year-on-year in August. The rally was supported by China's improving manufacturing activity and strong demand signals, though gains were limited by dollar strength and broader market weakness.