The government has not effected any change in the edible oil base import price for the fortnight ending October 15. The base import price of palm oils has been kept stable at July 31 level and that of

Govt keeps edible oil base import price stable

Business Standard

The average spot shipping freight rates for both the tanker and dry bulk segments have grown in the September 2006 quarter on a year-on-year basis. 


Spot shipping freight rates surge in Sept

Tokyo rubber futures ended slightly higher on Tuesday, rebounding from morning losses as speculators covered their short positions, traders said. 


Tokyo rubber futures rises slightly

Price support suggested for other crops too.


Agri panel moots decentralising procurement

About 1.68 million tonne of imported wheat, of the total 5.5 million tonne contracted, has reached Indian shores so far and another 553,004 tonne is likely to reach the country by October 20, a

Wheat import arrivals at 1.68 million tonne

World oil demand is expected to grow less than expected this year and in 2007, the US Energy Information Agency said Tuesday in its Short-Term Energy and Winter Fuels Outlook.


Global oil demand growth seen dipping

Spot prices of met coke have continued to recover over the past few months from their recent past slump. 


Met coke prices recover as small units shut shop

Nickel prices hit an all-time high on Thursday at Rs 1,890 a kg in the Mumbai non-ferrous metals market, recording a gain of 5 per cent in the last six days. Nickel prices have been rising overseas

Nickel at record high of Rs 1890

The Union government will initiate a programme to convert 100,000 traditional coir looms to semi-automatic by the end of the 11th Five year Plan.


Coir industry all set to get tech boost

Wheat, cardamom prices up, while sugar, chana dip.


Mixed bag at the futures market

The Coir Board would soon sign an agreement with Al-Ganin, a Kuwait-based US company, for supplying coir pith, a by-product of coir fibre. The agreement also involves transfer of technology for the

Coir Board to ink deal with Gulf company

The Multi Commodity Exchange of India Ltd (MCX) on Monday announced the launch of a new modified Sugar M grade and Sugar S grade contracts having six months trading horizon and these contracts would

MCX announces new sugar contracts

The south-west monsoon bid adieu today with its withdrawal from the remaining parts of the south peninsula, the Bay of Bengal and the Arabian Sea. 


S-W monsoon paves way for rains in south

Zinc prices in the Mumbai non-ferrous metals market touched an all-time high at Rs 205 a kg on Tuesday in tandem with the prices on the London Metal Exchange, owing to the rising demand for the metal.

Zinc touches Rs 205

The Indian Coffee Trade Association (ICTA) auction witnessed poor demand with growers demanding high prices. 


High prices hit ICTA volumes

Spices exports from India would touch the $3 billion mark by 2017 and would cross $10 billion by 2025, said V J Kurien, chairman of Spices Board.

11 new spice parks in next one year

Speculation in silver is down. The reason, say market players, is heavy losses suffered by traders in south India and Ahmedabad dabbling in the white metal.

Silver scare for speculators

Loan against gold ETFs is a cheaper form of borrowing, but it may take longer to be sanctioned.

Raising cash through paper gold

GoM meets tomorrow, with agri and commerce ministeries wanting more and textile ministry less.

Govt may raise cotton export quota

The India Agri-Business Fund (IABF), Rabobank&rsquo;s private equity arm, and International Finance Corporation (IFC), along with four existing shareholders have roped in to invest Rs 101.75 crore in National Collateral Management Services (NCMSL), a warehousing arm of the National Commodity and Derivatives Exchange (NCDEX).

Rabobank, others invest Rs 101 cr in NCMSL

Demand for yarn is likely to revive in the next few weeks, when power looms begin honouring orders for the festive season, providing relief to the ailing spinning industry. Power loom production is expected to increase by the second week of June.

Yarn demand to revive from this month

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