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Groundnut farmers worried about prices

A projection of good yield of 21.2 lakh tonnes (lt) in kharif groundnut in Gujarat does nothing to relieve farmers who fear low prices in the markets. More

Chilli, maize hit upper circuit on demand in spot market

Chilli futures continued to gain strength hitting the upper circuit for the second consecutive day. Strong demand in the Guntur spot market on Tuesday pushed up chilli futures by three per cent to Rs 5,673 a quintal.More

Soya arrivals halve as farmers hold back stocks

Even as the country is poised to harvest yet another bumper crop of soyabean this year, market arrivals in Madhya Pradesh (MP) – the No. 1 producing State – are down by almost a half. More

Spot rubber recovers on short covering

Domestic rubber showed a better trend on Tuesday. The market opened weak but moved up later on short covering. The absence of sellers at lower levels kept the covering groups visibly active during the session. More

Rubber exporters’ meet on Oct. 20

Rubber exporters will meet at Kottayam on October 20. More

Vegetable oil prices may rise

Vegetable oil prices, which have been battered in the global markets meltdown in the last fortnight, may claw their way back, particularly on rising open interest and “short squeezing” on Bursa Malaysia or the Malaysian Derivatives Exchange.More

Gold prices tumble

Gold prices in the domestic market fell by Rs 75 to Rs 13,345 for 10 gm on Monday even as it gained $4.30 an ounce on the London Metal Exchange.More

Gold may trade in the range of $800-950

What a week it was – a real bolt from the blue. Notwithstanding the $700 billion US bailout package, the global financial crisis seemingly deepened.More

Indian black pepper to be more competitive

Indian black pepper is likely to be in the driver’s seat in the coming days being the cheapest in the world market on decline in prices on the futures market coupled with steep appreciation of the dollar against the rupee. More

Coonoor tea turnover up by 103%

Producers who sold their teas through the 39 auctions of the Coonoor Tea Trade Association have earned Rs 119.10 crore more in the nine months of this calendar, compared to last year.More

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