AGRI-BIZ & COMMODITIES
MCX ties up with TOCOM to share products
THE country should turn a trendsetter in respect to the price or demand and supply in at least 5 major commodities, Mr Sharad Pawar, Union Minister of Agriculture, Consumer Affairs, Food and Public Distribution, said here on Thursday. At the ...
A tough nut
Arecanuts being dried and loaded in Thrissur, which was once the nerve-centre of areca trade. The processed product is sent mainly to Tamil Nadu. Following a drop in prices, the crop has lost its importance. In recent times, however, there has ...
Spot rubber prices up on low availability
THE low availability of rubber at the main marketing centres strengthened spot rubber prices on Thursday. According to sources, even village markets suffer from acute shortage of raw material, as growers seem unwilling to sell in the prevailing ...
S. India tea auctions may go fully electronic by next month
THE Tea Board is expecting the auctions in the South to go 100 per cent electronic by next month-end. "We introduced the electronic sale in Coimbatore first and by now, 25 per cent is sold through e-auctions. Kochi has also started to increase ...
Downward tweak likely in gold
SPOT gold prices corrected lower after a sharp drop in oil prices and the presidential elections coming to an end with a clear winner. Markets will now turn their attention to Friday's monthly US employment report. Gold prices corrected lower ...
GOLD & SILVER
MUMBAI: Silver recovered smartly on the bullion market on Thursday. Gold also recovered its overnight loss. Pure gold .999-fineness ended higher at Rs 6,425, also a Rs 50 gain. CHENNAI: Bar silver Rs 11240 a kg; retail silver ...
Rise in coffee prices not enough, feel growers
COFFEE prices in the country have seen a steady increase over the last few years tracking global market conditions, but growers feel that the uptrend is not enough to check their mounting debt piles. On an average, coffee prices at the ...
SPICES & CONDIMENTS
Cardamom prices up on lower arrivals
CARDAMOM prices moved up by Rs 30 a kg at the auctions held in Kerala and Tamil Nadu on buying support and drop in arrivals. Unlike last season, arrivals have been heavy until last weekend and this phenomenon has pushed the prices down. The ...
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