Adding yet another leaf to the story of improving ties between India and Pakistan, the tea associations of the two countries signed a memorandum of understanding (MoU) on Tuesday to double the export of Indian tea to the neighbouring country in the next three years.

Tea exports to Pak to double in 3 yrs

Business Standard

Textile exports increased 11 per cent in the last financial year, despite turbulent times in major economies. While demand from the euro zone continued to be low, demand still poured in from the US and other non-traditional markets that saved the day for exporters.

Textile exports rise 11% in FY12

Heavy arrivals and weak demand has brought down Jeera (cumin seed) prices by more than 20 per cent since December 2011. At the spot market in Unjha, jeera prices hovered in the range of Rs 11,000-11,500 per quintal on Monday with arrivals touching 50,000 bags (each of 55 kg).

Jeera prices drop 20% amid record arrivals

South East Asia became the top consumer of Indian sea food items with a market share of 39.79 per cent in volume of exports and 25.66 per cent in Re value realisation during April&ndash;January period of 2011-12. The South East Asian market which has been showing interest in Indian seafood items for the last 10 years, surpassed European Union.

Marine exports up 3.5% in April-Jan

Supported by a rebound in overseas markets, copper futures prices today rose by 0.06% to Rs 424.30 per kg.

Copper marginally up on global cues

Press Trust of India

Nickel futures prices today traded 0.36% lower at Rs 941.40 per kg, as speculators trimmed their positions following subdued spot demand in the spot market amid a weakening trend overseas.

Nickel down on subdued demand, global cues

Lead futures fell 0.38% to Rs 105.45 per kg today on sluggish demand from battery makers in the spot market amid weak cues from global markets.

Lead sheds 0.38% on sluggish demand, overseas trend

Zinc traded slightly higher by 0.10% to Rs 102.70 per kg in futures trade today.

Zinc marginally up in range-bound movements

Amid profit-booking by speculators after authorities imposed restrictions, cardamom prices fell by Rs 19.60 to Rs 1,138.60 per kg in futures trade today.

Cardamom down 1.7% on fresh restrictions

Potato prices fell Rs 25.80 to 1,090 per quintal in futures trade today, owing to adequate stocks in the market following heavy arrivals from producing regions against lower demand.

Potato falls 2.3% on supply pressure

Mentha oil prices fell by Rs 33 to Rs 2,345 per kg in futures trade today, as speculators locked-in gains at existing levels amid a weak trend at spot market due to sluggish demand.

Mentha oil falls 1.4% on profit-booking

Crude palm oil futures prices fell by Rs 3.80 to Rs 627.50 per 10 kg today, after speculators booked profits at prevailing higher levels amid subdued spot demand.

Crude palm oil falls on profit-booking

Chana prices rose by Rs 10 to Rs 3,691 per quintal in futures trade today, as speculators created fresh positions on the back of rising domestic demand in the markets.

Chana up 0.3% on spot demand

Coriander futures prices fell by Rs 63 to Rs 4,035 per quintal today, as traders booked profits on the back of sluggish physical demand.

Coriander declines on poor spot demand

Pepper futures prices declined by Rs 350, or 0.90% to Rs 38,750 per quintal today, as speculators booked profits amid higher supplies.

Pepper falls 0.9% on profit-booking

Jeera futures prices shed 0.77% to Rs 11,970 per quintal today, due to supply pressure in the spot market amid slackened domestic as well as overseas demand.

Jeera sheds 0.8% on higher supply

Turmeric prices fell by Rs 36 to Rs 3,686 per quintal in futures trade today, as participants reduced their positions largely on rising supplies in market following bumper harvest.

Turmeric falls on rising arrivals, bumper harvest

In restricted activity, almond prices rose by Rs 150 to Rs 380 per kg in futures trade today as speculators created fresh positions on the back of a rise in demand in the spot market.

Almond up on spot demand

Amid a weak trend in overseas markets, silver prices fell by Rs 130 to Rs 57,739 per kg in futures trade today.

Silver futures down on weak global trend

Tracking a weakening global trend, gold prices declined by Rs 46 to Rs 28,587 per ten grams in futures trading today as speculators offloaded their positions.

Gold futures decline on global cues

Gold today rose for the fourth straight session by gaining Rs 250 to Rs 28,900 per 10 grams on sustained buying by stockists for the marriage season amid a firming global trend.

Gold up by Rs 250 on wedding season, silver ends flat

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