Coffee growers in Orissa have demanded that subsidies for the expansion of coffee plantations in areas that have traditionally not grown coffee should be the same as those given for such expansion in traditional areas. In other words, their grouse is that, being non-traditional growers, the subsidies they get from the Coffee Board is a lot less than what the Board gives to traditional growers. In particular, the association of coffee growers in Orissa are demanding that the subsidy for bringing new areas under coffee should cover 50 per cent of the costs of doing so with a cap of Rs 1.75 lakh per hectare. Currently, the subsidy they get is 25 per cent of the cost with a cap of Rs 60,000 per hectare on plantation project cost.

Shubhashis Gangopadhyay: Costly coffee day

Business Standard

Copper moved up by 0.21 per cent to Rs 438.70 per kg in futures trade today as speculators created positions, supported by pick-up in demand at domestic spot markets.

Copper futures recover on short-covering, spot demand  

Press Trust of India

Buoyed by a firming trend at the spot market on good demand, refined oil prices rose by Rs 5 to Rs 608 per 10 kg in future trade today.

Refined soya oil futures up on spot demand

Cardamom prices fell by Rs 11.80 to Rs 1,090.20 per kg in futures trade today as speculators preferred to book profits, triggered by subdued spot demand.

Cardamom down on profit booking   

Crude palm oil prices moved up by Rs 4.70 to Rs 511.50 per 10 kg in futures trade today as speculators indulged in creating fresh positions on expectations of pick-up in spot demand.

Crude palm oil up on rise in demand  

Taking positive cues from global market and pick-up in industrial demand, lead regained strength with prices rising by 0.49% in futures trade today.

Lead futures strengthen on global cues

Mentha oil prices rose by Rs 11.40 to Rs 1,097.40 per kg in futures trade today as speculators created fresh positions, driven by pick-up in demand at the spot markets.

Mentha oil rises on firm demand

Nickel futures traded 0.20 per cent higher today tracking a firming trend in base metals at the London Metal Exchange.

Nickel futures up 0.20% on global cues 

Potato prices rose by three per cent to Rs 563.90 per quintal in futures trade today as traders enlarged their positions on pick-up in spot market demand.

Potato up 3% on spot demand  

Steady conditions prevailed in the local steel and iron market today as prices moved in a narrow range on restricted buying activity and settled around previous levels.

Steel prices steady in thin trade  

Quiet conditions peristed on the local plastic market today as polymers continued to move in a tight range due to lack of worthwhile buying activity, settled around previous levels.

Polymers remain quiet in thin trade 

In restricted trade, wheat prices fell up to Rs 25 per quintal in an otherwise wholesale grains market today on adequate stocks following rising arrival of new crop.

Wheat declines on increased arrivals   

Prices of copper and tin moved up by Rs 2 per kg in the local non-ferrous metal market today on pick-up in industrial demand amid firming trend at London Metal Exchange.

Copper, tin up on industrial demand, global cues

To help farmers realise better price in the global market, the Agriculture Ministry has asked the Commerce Ministry to further cut the minimum export price (MEP) of onion to $175 per tonne from the existing $275 per tonne.

Agri Min demands cut in onion export price to $175/tonne  

Cashew prices rose by Rs 5 per kg in the national capital today largely on pick up in buying activity on firm domestic demand.

Cashew rises on fresh buying support

Red chilli and turmeric prices rose by Rs 100 per quintal in the national capital today on fresh buying by stockists as well as exporters.

Chilli, turmeric up on stockists buying  

Menthol prices rose by Rs 5 per kg in the national capital today largely on increase in demand from pharma and consuming units amid low stocks.

Menthol up on rise in demand   

Both the precious metals, gold and silver, moved up today on stockists and jewellers buying to meet the upcoming festival demand, amid a firming global trend.

Gold rises to Rs 21,020, silver up by Rs 400

Barring a fall in gram and its dal, other prices held steady on wholesale grains market today in restricted trade.

Gram, its dal remain weak on subdued demand 

Select edible oil prices recovered by Rs 10 per quintal on the wholesale oils and oilseeds market today on scattered buying by vanaspati mills amid firming global trend.

Select edible oils recovers on global cues  

Gur prices ended lower by Rs 50 per quintal in the national capital today following ample supply against reduced offtake.

Gur prices down on ample supply  

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