Citing reports of higher wheat output this year, Food Corporation of India (FCI) today said it expected to lift at least 13.5 million tonnes of wheat in 2008-09, up by 2.3 million tonnes over the

FCI may procure 13.5 mt wheat

Press Trust of India

The countrys coffee crop, Asias third-largest, may gain from rain in the main growing areas, raising prospects of a bigger harvest in the year starting October.


Bigger coffee harvest likely to ease prices

Business Standard

Tata Coffee, Asias largest plantation company, plans to raise prices of its instant coffee exports by 15-20 per cent beginning next financial year, Managing Director M H Ashraff said today. 


Tatas to up instant coffee export prices by 15-20%

Banpu Pcl, Thailands biggest coal miner, expects prices of the raw material to set new records as demand growth in Asia, led by China and India, outpaces supply. 


Coal prices may set new record on Asian demand

Oil hits $102/barrel, gold above $963/oz

Robusta prices have hit the 12-year high as farmers in Vietnam, the largest producer, are hoarding crops.


Robusta hits 12-yr high

Gems and jewellery exports grew at over 20 per cent in the first half of financial year 2008, reviving from FY07, helped by cuts in import duties of rough jewels, according to the annual economic

Jewellery exports up 20% in Apr-Sept `07

Painting a rosy picture of the futures market in the country in the times to come, the Economic Survey on Thursday said that despite a ban on wheat, rice and pulses, trading on exchanges grew by 5 per

Survey wants aggregators in comexes

Indian marine exports faced a setback in 2007-08 as total exports declined to around 545,000 tonnes valued at Rs 7,600 crore from an all-time high of 612,641 tonnes valued at Rs 8,363.53 crore in 2006-07.

Marine exports on slippery ground

&nbsp;The early rains were expected to give some impetus to kharif sowing. But the initial momentum has been lost due to wavering government policies on agricultural commodities and the weakening monsoon.

Kharif on track despite hiccups

Sowing of kharif pulses in Maharashtra has come down by 92 per cent this year on deficient rainfall.

Maharashtra pulses acreage dips 92 per cent till July 4

Poultry and starch industries  the two major maize consumers  are planning to revise rates amid shooting maize prices.

High maize prices singe poultry, starch

Gold is likely to remain rangebound unless decisions at two meeting scheduled next week  Organisation of the Petroleum Exporting Countries (Opec) and Federal Open Marketing Committee (FOMC)  influence it otherwise.

Opec, FOMC meets may set the tone for gold

Better price realisation has led farmers to shift towards oilseeds from sugarcane.

Rains, returns may up oilseeds area

In what could be considered as increasing corporate participation on the domestic commodity bourses, the public sector Hindustan Copper (HCL) has started hedging on the country's largest commodity exchange  the Multi Commodity Exchange of India (MCX)  through its broker Religare Commodities (RCL).

Hindustan Copper opens innings on MCX

Low yield, delayed start to crushing season largely responsible for decline.


Sugar output may drop 10%

Prices of flue-cured tobacco (FCV) have climbed to Rs 97.80 a kg at 20 auction centres of the Tobacco Board in Andhra Pradesh on the 45th day of auctioning. The seasons highest price was grabbed by a

Tobacco prices soar in Andhra auctions

Sitting on a stock of 5.5 million tonnes of wheat before the marketing season, the Food Corporation of India (FCI) today expressed confidence that it would meet the governments procurement target of

FCI may meet wheat procurement target for PDS

Crude oil fell for a second day in New York on speculation slowing economic growth in the US, the worlds biggest energy consumer, will curb demand. 


Oil slips on US slowdown, Iraq supplies

Tight liquidity conditions coupled with extreme uncertainty in world financial markets are forcing bankers and financiers to liquidate their speculative commodity positions and drive down prices,

Liquidity crunch, volatility to halt global commodity rally

Asian stocks fell, sending the regions benchmark to its biggest first-quarter decline since 1992, on concerns that faltering US consumer spending will erode exports of cars, clothing and electronics

Asia tumbles on export fears

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