The government today said it would consider permitting sugar exports for the current marketing year, which started this month, only after the Diwali festival.

Govt to decide sugar exports for 2011-12 after Diwali

Press Trust of India

Makes case for standardising inspection norms with increased thrust on checking malpractices.

FMC for better market practices to protect investor interest

Business Standard

Black pepper prices touched an all-time high of Rs 354 a kg in the domestic markets here on Tuesday. The best quality pepper from Idukki district fetched the maximum price, while pepper from Wynad region was sold for Rs 350 a kg.

Black pepper prices at an all-time high

World rice production is expected to touch a record 480.5 million tonnes (mt) this year on the back of higher output in Asia, Egypt, Argentina, Mozambique, the US and Russian Federation, according to the Food and Agriculture Organisation (FAO) of the United Nations.

Global rice production may hit record in 2011: FAO

Traders and exporters expect a bumper basmati rice output in the major producing belt (Punjab, Haryana and Western Uttar Pardesh).

Basmati prices may fall 18% on bumper output

Coking coal imports dropped for the first time in last three months despite price fall in global markets as costlier dollar and an ailing steel industry demand squeezed import orders, said experts and traders.

Coking coal imports slip on costlier dollar, poor demand 

All Gujarat Cotton Ginners Association (AGCGA) has predicted about 12 million bales of cotton production in Gujarat for the year 2011-12 at its annual general meeting. According to the association, cotton production in Gujarat is expected to increase by 1-1.2 million bales compared to last year&rsquo;s production.

Gujarat ginners bullish on cotton production

At the 38th annual awards function, hosted by Gem and Jewellery Export Promotion Council (GJEPC) on October 11, 2011 at Surat, Gujarat chief minister, Narendra Modi lauded Surat-based diamond industry for its contribution as a global manufacturing centre for diamonds.

GJEPC`s 38th annual awards held in Surat

Organisation of Petroleum Exporting Countries (Opec) oil production declined by 130,000 barrels per day (bpd) to 30 million bpd in September, mainly due to lower volumes from Saudi Arabia and sabotage-hit Nigeria, a new survey has revealed.

Opec crude oil output drops to 30 mbpd in Sep: Platts

Cardamom prices fell by Rs 10.30 to Rs 683.40 per kg in futures trade today on profit booking by speculators on the back of sluggish demand.

Cardamom turns weak on profit booking

Mentha oil prices fell by Rs 12.60 to Rs 1,354 per kg in futures trade today as traders indulged in profit-booking amid fall in spot demand.

Mentha oil declines on profit-booking

Potato prices fell by Rs 7.20 to Rs 378.50 per quintal in futures trade today as speculators offloaded their positions, driven by reduced offtake in the spot market.

Potato down 1.8% on reduced offtake

Guarseed prices fell by Rs 105 to Rs 4,597 per quintal in futures trade today following renewed selling by traders in line with weak spot markets sentiment.

Guarseed dips on weak spot market cues

Chana prices recovered by Rs 19 to Rs 3,316 per quintal in futures trade today largely on the back of a rise in spot market demand due to the festive season.

Chana recovers on spot market demand

Mustardseed prices added Rs 43 to Rs 2,883 per quintal in futures trading today tracking firm spot markets sentiment.

Mustardseed up on brisk spot demand

Pepper remained weak and shed Rs 150 to Rs 37,950 per quintal in futures trade today as speculators continued to book profits, driven by subdued spot market demand.

Pepper remains weak on profit-taking

Supported by a firming trend in Asia, gold prices rose by Rs 246 to Rs 26,910 per 10 grams in futures trade today on pick-up in demand for the festive season.

Gold futures up on global cues

India's steel consumption may grow by just 4.3% in 2011 to 67.7 million tonne, premier industry body World Steel Association (WSA) said today.

India's steel demand to grow 4.3% in 2011: WSA

Spot sugar prices rise by Rs 30-40 a quintal in three days as production pegged to be down 6.5 per cent.

Maharashtra cuts output estimates

It would be a tough call for the Uttar Pradesh government to fix sugarcane price for the 2011-12 crushing season, given the divergent voices of farmers and the sugar industry on the issue.

Cane prices: Divergent views put UP govt in a fix

The Indian tea industry expects the total production to exceed one billion kg this year, the highest ever recorded in India.

Tea output to cross 1 bn kg this year

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