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Friday, January 28, 2011
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COTTON: Cotton flares up on mill demand, global cues
Prices touch Rs 50,000 a candy. Cotton prices touched Rs 50,000 for a candy (356 kg) on Thursday on higher demand from mills in the South and a flare-up in ...
OILSEEDS & EDIBLE OIL: Inflation fears keep edible oils on leash
Higher food inflation and expected Government measures to contain it kept edible oil prices and trade ...
COMMODITIES: Costlier vegetables keep food inflation on the boil
Index up 15.57%; rise in fuel prices slows. Bucking the declining trend seen for two consecutive weeks, food inflation showed a minor uptick, with vegetables, dairy items and poultry products mainly ...
PESTICIDES: Prescription mandatory for pesticide sales
The State Government has notified guidelines which render sale of pesticides illegal in the State unless supported by prescriptions from ...
SPICES & CONDIMENTS: Turmeric plunges on absence of demand
Prices of new turmeric dropped sharply on Thursday. “There is no upcountry demand for the new crop , and so, prices have decreased. Prices fell by over Rs 3,500 a quintal for the new crop, on Thursday. This is mainly due to the wetness ...
POULTRY: Egg prices cut on clear weather, buyer resistance
Drop in seasonal demand, buyer resistance and clear weather conditions in the North, forced the National Egg Coordination Committee of Namakkal zone to slash the farmgate prices of eggs to Rs 2.45 apiece from Rs 2.92 last week. Egg prices ...
COIR: Co-op coir factory makes big strides
A cooperative coir factory in Gubbi of Tumkur district is now making a comeback, keeping pace with changes in technology and adopting the latest developments in production techniques ...
PLANTATIONS: Karnataka planters surprised by Vietnam's coffee productivity
The Karnataka Planters' Association (KPA) delegation currently touring the robusta growing areas in Vietnam was surprised by the sheer volume and the productivity of ...
SUGAR: Selling pressure pounds sugar
Spot sugar prices on the Vashi wholesale market on Thursday fell by Rs 10 on limited local demand and increased selling pressure at naka and mill delivery level. Naka rates dropped by Rs 25-30 and tender rates by Rs 20-25 a quintal ...
OILSEEDS & EDIBLE OIL: Sluggish trend continues in soya oil
Soya oil prices continued to tumble both in the spot and futures on slack demand in the domestic market. The sluggish trend in soya oil is continuing primarily because of the sudden decline in demand, but traders are hopeful of revival ...
WHEAT: Lack of quality produce lifts wheat
Prices of seed-wheat quality rose Rs 30 a quintal to Rs 1,330 in the open market on demand for quality wheat, said Mr Sewa Ram, a wheat trader, against Rs 1,300 at the beginning of this week. Around 300 quintals of seed wheat were offloaded ...
OILSEEDS & EDIBLE OIL: Palmolein case was not placed before CVC selection panel: Govt
The Government on Thursday informed the Supreme Court that the issue that there was a chargesheet in the palmolein import case against Mr P.J. Thomas and that sanction was granted by the Kerala Government for his prosecution in the matter, ...
RUBBER: Panic sales drag spot rubber prices
Spot rubber lost ground on Thursday. According to sources, the market fell on buyer resistance following the sharp declines in the domestic futures on the National Multi Commodity Exchange. An almost panic selling from dealers kept the ...
SPICES & CONDIMENTS: Liquidation pulls down pepper futures
Pepper futures continued their southward journey on Thursday also on bearish sentiments and liquidation. The market was highly volatile, ...
Columnists: G Chandrashekhar Sharad Joshi
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