Balrampur Chini Mills said domestic sugar supplies remain comfortable and that it has not received any formal government communication on restricting the diversion of cane juice and B-heavy molasses to ethanol. The company reported Q1 FY27 revenue of 163.7 billion rupees and net profit of 4.4 billion rupees, with a margin of 6.96%. Sugar prices have risen about 10% over the past month. The government is weighing curbs on ethanol diversion from the start of the next crushing season to help cool domestic sugar prices. Balrampur Chini noted that all-India production costs are around 42 rupees per kg. It added that ethanol prices have been unchanged for three years while cane prices have increased 16.5%, and said its current capacity utilisation is about 85%.

Shares of Senco Gold fell over 8% after the company reported its Q1 results, showing strong top-line growth but weaker profitability. Consolidated revenue jumped 67% year on year to 305.6 billion rupees, while consolidated net profit slipped 3% to 10.1 billion rupees. Profitability ratios narrowed, with PAT margin contracting to 3.3% from 5.7% and EBITDA margin easing to 7% from 10%. The company cited promotional discounting, a decline in gold prices and changes in duties as key factors behind the margin squeeze.

Data from the Association of Mutual Funds in India (AMFI) show a sharp slowdown in precious-metals ETF demand in July. Net inflows into gold ETFs fell 55% month on month, while silver ETF inflows dropped 70%. Despite the weaker subscriptions, gold ETF assets under management rose to 1.73 trillion rupees. Silver ETF AUM, in contrast, declined to 776.76 billion rupees. Performance was mixed. Gold ETFs delivered an average return of 1.37% for the month, with seven funds posting the highest return of 1.38% and another seven recording the lowest at 1.35%. Silver ETFs posted an average negative return of 2.48%.

Spot ETF flows on Aug. 11 were mixed. BTC and SOL spot ETFs recorded net inflows, while ETH spot ETFs saw net outflows. BTC: $4.89M. ETH: $1.76M. SOL: $1.43M.

CryptoSlate (Aug. 12) roundup: 1) Tether, the world's largest private holder of gold, has shut down its gold lending platform. 2) The U.S. Securities and Exchange Commission (SEC) is preparing to introduce a framework for issuing investment contracts tied to crypto assets. 3) The SEC is set to take the lead on cryptocurrency oversight on its own. 4) The move follows Congress' failure to pass the Clear Act, leaving the SEC to manage crypto regulation independently. 5) U.S. banking regulators are opening the door for Bitcoin and crypto firms to pursue national bank charters. 6) The Office of the Comptroller of the Currency (OCC) plans to grant national bank charters to crypto companies. 7) Bitcoin is approaching key U.S. inflation data catalysts as ETF inflows continue. 8) The SEC is expected to discuss crypto regulatory policy amid limited formal guidance. 9) The Commodity Futures Trading Commission (CFTC) has accused a Florida man of involvement in a $397 million crypto Ponzi scheme. 10) The BITI ETF price has moved above its 200-day moving average.

BBX Update: Disclosures from publicly listed companies highlighted diverging approaches to crypto treasury management and sharply different Q2 financial outcomes. Some established treasury operators are positioning for the next accumulation cycle, while firms that built exposure at elevated prices are reporting impairment charges and asset write-downs. — Accumulation Signal: Strategy (NASDAQ: $MSTR) said it plans to return to the secondary market to buy Bitcoin this year, pointing to expectations around closing long-dated put options and continued strength in spot demand. — Balance-Sheet Pressure: Trump Media (NASDAQ: $DJT) cut its Bitcoin holdings by 65 BTC to 9,477 BTC and recorded a cumulative impairment loss of $360.6 million for the first half of the year. Its CRO holdings declined to $40.6 million. — DCA Continues: OranjeBTC (B3: $OBTC3) added 2 BTC, lifting its base position to 3,950 BTC. Across the market, two trends are emerging in parallel: major treasury holders, having completed interim portfolio adjustments, are indicating a renewed pace of accumulation, while corporates with cross-border crypto exposure are absorbing sizable book-value impairment charges. Source: bbx.com

Huo Xing Finance reported on Aug. 12 that, ahead of the U.S. CPI release, a technical risk in the Treasury market is building. Bank of America Securities said in a recent note that systematic trend-following CTAs are still holding sizeable short positions in U.S. Treasury futures, even after the weaker-than-expected nonfarm payrolls report. BofA noted that Treasury futures briefly approached levels that could have triggered short covering last week. As yields rebounded off their lows, model signals suggest those short positions have not yet been forced to close. CTA is commonly used to describe systematic, trend-following capital. Rather than making discretionary calls on inflation, fiscal policy or the Federal Reserve, these strategies trade instruments such as equity indices, U.S. Treasuries, FX, gold and crude based on price trends, volatility and stop-loss rules. When trends are clear, CTAs typically add exposure; when prices reverse and break key model levels, they can reduce risk in tandem, including covering shorts. As a result, CTAs often function as market "amplifiers": not usually the source of direction, but capable of magnifying moves after major data releases. According to BofA, 10-year Treasury futures remain in a downtrend, with prices around 108.72. The near-term short-covering trigger is about 109.41, with a higher trigger near 110.21. A softer-than-expected CPI print that lifts Treasury prices and pushes yields lower could force CTAs to cover, mechanically strengthening a bond-market rebound. A hotter CPI that drives yields higher would likely leave CTA shorts in place. The report added that macro data should set the direction, while CTA positioning determines whether the move is mechanically amplified by algorithmic flows. Because Treasury yields feed directly into tech-stock valuations, the dollar and gold, tonight's CPI release could also intensify cross-asset reactions. A sharp drop in yields could support growth stocks and gold; another strong inflation reading could renew repricing pressure on high-valuation tech and precious metals.

Shares of Indian aluminium and alumina producers rose on Wednesday after reports that Alunorte, the Brazilian alumina refinery owned by Norway's Hydro, cut operating rates to 50% due to a natural gas shortage. The curtailment has added to expectations of a tighter global alumina market. Spot alumina prices are currently around 10% of aluminium prices, well below the historical range of 14% to 16%, fueling expectations of a rebound. National Aluminium Company (NALCO) surged as much as 8% intraday, with investors focusing on its alumina exposure: the alumina business is estimated to contribute 27% of EBIT in FY2026 and 44% in FY2025. Hindalco Industries and Vedanta Aluminium advanced about 3% each. Higher alumina prices are seen as a direct positive for upstream producers.

On Aug. 12, data from TradingBeats (formerly Hyperinsight) revealed that PLTR experienced a significant weekly rally of 49.9%, climbing from a low of $119.71 to a peak of $179.42. According to BlockBeats, this post-earnings surge triggered a massive shift in derivatives positioning, highlighted by a whale address (0x4e23) flipping a $23.6 million short position into a 10x leveraged long within a single second. Over the past 24 hours, PLTR's open interest surged by 278.7%, reaching $41.05 million. The whale now holds 92,400 contracts valued at approximately $15.924 million, representing 38.8% of the total market open interest. Despite the aggressive long entry at an average price of $175.25, the position currently faces an unrealized loss of $264,000 with a liquidation price of $165.99.