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| Cardamom brown weakens on poor
demand NEW DELHI, Nov 18: Prices of Cardamon brown drifted in the wholesale kirana market today following withdrawal of demand by stockists against .........more NEW DELHI, Nov 18: Prices of Almond and Kishmish strengthened on the wholesale dry fruit market today on steady inflow of buying by retailers amid negligible .......more Volatility in gold, oil prices hits gems and jewellery exports MUMBAI, Nov 18: Volatility in gold and crude oil prices have hit the net exports of gems and jewellery from the country by two ........more Commodities weaken on sluggish demand, fresh arrival NEW DELHI, Nov 18: Weak conditions prevailed on the wholesale pulses market today as select commodities drifted on stockists selling along with ........more |
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Select edible, non-edible oils up in
thin trade NEW DELHI, Nov 18: Select edible oils firmed in the wholesale oils and oilseeds market today on the back of increased offtake by stockists and millers and ended .........more Bangladesh trade fair to be held in Tripura in March AGARTALA, Nov 18: The Trade and Industries Fair of Bangladesh, first of its kind in the North-Eastern region, would be held here in March 2007, First Secretary of ..........more NEW DELHI, Nov 18: A mixed pattern of trading was witnessed on the wholesale non-ferrous metal market today with select base metals regaining strength to ......more Prices held steady in thin trade NEW DELHI, Nov 18: A steady trend was noticed in the wholesale steel and iron market today as prices after moving in a narrow range on little doing, settled around previous levels.............more |
Cardamom brown weakens on poor demand NEW DELHI, Nov 18: Prices of Cardamon brown drifted in the wholesale kirana market today following withdrawal of demand by stockists against arrivals of new crop and closed with fresh losses. Other spices on the side, were steady on little doing. Traders said sluggish demand from local traders pulled down Cardamom prices. Cardamom brown Jhundiwali and kanchicut quoted lower at Rs 12,000-12,300 and Rs 12,500-17,00 from last close of Rs 12,500-13,000 and Rs 15,000-17,000 per quintal respectively. Following were today's quotations (in Rs per quintal): Ajwain 4,000-6,500, black pepper golden Rs 10,700-10,800 Betelnut (kg) 95-110, cardamom brown (Jhundiwali) Rs 12,000-12,300 cardamom brown (Kanchicut) Rs 13,500-17,000. Cardamom small (kg): Chitridar 170-280, cardamom (colour robin) 275-285, cardamom bold 300-310, cardamom extra (bold) 375-385 and cloves (kg) 250-290. Chirounji (new) (kg) 240-300 Dry mango 2,600-8,500 Dhania 3,500-6,000 Dry ginger 8,000-10,000 Kalaunji 8,000-9,500 Mace-Red (kg) 475-485 Mace-Yellow (kg) 475-485 Methiseed 2,600-4,000 Makhana (per kg) 115-150 Netmeg 230-240 Poppyseed (KG Turkey) 170 Poppseed (KG MP-RAJ) 165-205 Poppyseed (KG U.P.) 140-150 Red chillies 3,000-8,000 Soya bari pariwar (20 kg) 350-400 Saffron (kg) Irani 29,000-30,000 Saffron (kg) Kashmiri 37,000-43,000 Soanf 8,000-11,000 Turmeric 2,700-4,100 Tamarind 1,200-1,600 Tamarind without seed 3,000-4,000 Tea (kg) 70-120 Watermelon kernel 7,200-7,300 Jeera common 8,000-8,300 Jeera dollar 8,200-8,300 (PTI) |
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NEW DELHI, Nov 18: Prices of Almond and Kishmish strengthened on the wholesale dry fruit market today on steady inflow of buying by retailers amid negligible arrival and closed with gains. Elsewhere, prices of other dry fruits remained unaltered on little doing. The volume of business was restricted. Traders said pick up in buying by stockists triggered by higher outside advices mainly influenced the trading sentiments. Almond California quoted higher at Rs 10,600 against previous level of Rs 10,300 per 40 kg due to poor arrival from upcountry. Its kernel also dearer by Rs 16 Rs at Rs 378-380 per kilo. Kishmish Indian yellow and green also followed suit and increased at Rs 2600-4000 and Rs 3500-6000 instead of Rs 2200-3500 and Rs 3200-5500 per 40 kilo. Following were today's quotations per 40 kgs bag: Almond (California)new 10,600, Almond (gurbandi) 6,100 Almond (girdhi) 3,800, Almond kernel (California) 378-380, Almond kernel (gurbandi) (kg) 400-430 and Abjosh Afghani 7,000-13000. Chilgoza raw-new (1 kg) 330 chilgoza (roasted) (1 kg) 1180-1250 cashew kernel 1 kg (no 180) 430-460 cashew kernel (no 210) 350-370 cashew kernel no.(240) 305-325 cashew kernel (no 320) 250-265 cashew kernel broken 2 pieces 162-195 cashew kernel broken 4 pieces 155-185 cashew kernel broken 8 pieces 150-165 copra (qtl) 4,900-5,200 coconut powder (25 kg) 8,50-1,650 dry dates red (qtl) 2,100-4,500 fig 5,000-9,000 kishmish kandhari local 5,800-6,300 kishmish kandhari special 10,000-12,000 kiahmish indian yellow 2600-4000 kishmish indian green 3,500-6,000 pistachio Irani 500-525 pistachio Hairati 500-535 pistachio Peshwari 530-580 pistachio dodi (roasted) 395 walnut new 90-150 walnut kernel new (1kg) 250-350.(PTI) |
Volatility in gold, oil prices hits gems and jewellery exports MUMBAI, Nov 18: Volatility in gold and crude oil prices have hit the net exports of gems and jewellery from the country by two per cent at Rs 42,742 crore between April to October as against Rs 43,615 crore in corresponding period last year. The country, however, is awaiting the Christmas season to pep up its export numbers. "The exports have been affected on account of volatility in gold and oil prices but we expect the Christmas demand to increase exports," Gem and Jewellery Export Promotion Council (GJEPC) Chairman Sanjay Kothari told PTI. As per the figures released by the council the gold jewellery exports, however, showed an increase of 29 per cent at Rs 7,791.8 crore between April to October as against Rs 6,024 crore in the corresponding period last year. The total exports (including exports of rough diamonds) were down by three per cent at Rs 44,038 crore in the period as against Rs 45,182 crore in the same period last year. Kothari said even a better Christmas demand cannot help the country sustain its earlier growth levels this year. "It is difficult to always sustain the same growth level. We expect the exports not to maintain their earlier growth level of 10 to 20 per cent," he said. The major markets for exports include USA, Hong Kong, UAE, Singapore, Belgium. The total exports to USA in 2005-06 were USD 4743.59 million and for Hong Kong it was USD 3575.38 million. (PTI) |
Commodities weaken on sluggish demand, fresh arrival NEW DELHI, Nov 18: Weak conditions prevailed on the wholesale pulses market today as select commodities drifted on stockists selling along with sluggish demand and closed in negative zone. Marketmen said stockists selling and fall in demand against fresh arrivals mainly led to fall in commodity prices. Urad Rangoon eased to Rs.3400-3425 from previous closing of Rs.3420-3495 a quintal, while its dal chilka (local) and best quality followed suit and traded lower at Rs.4800-4900 and Rs.5,000-5200 a quintal respectively. Similarly, dhoya local and best quality quoted lower at Rs.5200-5300 and Rs.5800-6100 a quintal respectively. Gram and its dal weakened to Rs.2940-2950 and Rs.3325-3400 a quintal respectively. Rajma chitra Pune and china also dipped to Rs.3900-4300 and Rs.4150-4200, while red quality closed weak at Rs.3100-3200 a quintal respectively. (UNI) |
Select edible, non-edible oils up in thin trade NEW DELHI, Nov 18: Select edible oils firmed in the wholesale oils and oilseeds market today on the back of increased offtake by stockists and millers and ended in positive zone. In the non-edible oils rice bran oil also showed firmness on pick up in demand from soap units. Marketmen said apart from millers and stockists buying, higher outside advices enthused the trading sentiments here. Groundnut mill delivery oil remained in keen demand among millers and stockists and gathered another Rs 20 at Rs 5820 a quintal. Sesame mill delivery also ruled firm a Rs 4820 a quintal against last close of Rs 4800. Among non-edible oils, rice bran traded Rs 50 higher at Rs 2900-2950 per quintal largely on soap makers and other industries’ buying. Following were today’s quotations per quintal: Oilseeds: Mustardseed 1500-1730, sunflower 950-990, Cottonseed 750-900, groundnut 1760-1910 and sesame white 2,150-2,450.
Edible oils: Groundnut mill delivery 5,820, Groundnut Solvent refined (per tin) 1000-1030, Mustard Expeller 4700, Mustard Pakki ghani (per tin) 720-735, Mustard kachi ghani (per tin) 775-900, Sunflower 4,000, Sesame mill delivery 4,820, Soyabean Refined mill delivery 4,500, Soyabean degum (Delhi) 4350, Crude Palm Oil (Ex-kandla) 3,880, Cottonseed mill delivery 4,340, palmoline (RBD) 4,650, Rice bran (phy) 3900 and coconut (per tin) 920-930. Non-edible oils: linseed 4450 Mahuwa 4100, castor 4175, Neem 2800-2850, Rice bran 2950-3000 and palm fatty 3150-3250. Oil cakes: groundnut dehusk 770-820, Sesame 900-1100, Mustard 670-680 and Cottonseed 725-825. (PTI) |
Bangladesh trade fair to be held in Tripura in March AGARTALA, Nov 18: The Trade and Industries Fair of Bangladesh, first of its kind in the North-Eastern region, would be held here in March 2007, First Secretary of Bangladesh Deputy High Commission Sheikh Kamrul Hassan said. Export Promotion bureau of Bangladesh will organise the nine day ‘single country’ fair from March one, which would showcase different products from Bangladesh, including garments, foods, Jamdani sharees, melamine products and many more, Hassan told reporters yesterday. "We want that trade and commerce increase between the two countries and this fair will provide a good platform for interaction between the traders of both India and Bangladesh, Hassan said. Tripura government has already assured all cooperation for the fair, he said. Such fair would be the first of its kind in North-Eastern region, he said. (PTI) |
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NEW DELHI, Nov 18: A mixed pattern of trading was witnessed on the wholesale non-ferrous metal market today with select base metals regaining strength to close in positive zone on fresh buying, while a few others remained weak for want of support. Traders said fresh buying in the wake of higher overseas advices helped nickel plate prices to recover. Nickel plate 4x4, 9x9 and 4x24 recovered by Rs.5 each at Rs.1885-1985, Rs 1895 and Rs 1895-1915 per kilo respectively. On the other hand, tin ingot receded from Rs.535 to Rs.530 a kilo, while zinc slab and dross also quoted lower at Rs.200 and Rs.135 per kilo respectively. Following were today's quotations per kilo: Tin ingot 530, solder (40 per cent) 155, Nickle plate (4x4) 1885-1985, Nickel (9x9) 1895 Nickel (4x24) 1895-1915, zinc slab 200.00, dross 135, cadmium plate 176, Rod 153-156, antimony (china) 260, gun metal scrap 155, Bell metal scrap 150, copper wire scrap 325, copper super d rod 378, copper wire bar 347, copper mixed scrap 303, C.C rod 335, Utensil scrap 90, Mixed scrap 325, Chadripital 145, brass sheet cutting 105.50, bullet scrap 97, bharat scrap 208, accessories scrap 209, brass boring 77-78, brass radiator scrap 82 and huny scrap 97.50. Lead ingot deshi soft 56, hard 61.00, Lead imported 65-75, ingot 105, Aluminium rod 140, sheet cutting 125, aluminium wire scrap 127 and Aluminium utensils scrap 118. (PTI) |
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Prices held steady in thin trade NEW DELHI, Nov 18: A steady trend was noticed in the wholesale steel and iron market today as prices after moving in a narrow range on little doing, settled around previous levels. Marketmen said negligible enquiries against adequate stocks mainly kept prices steady. Following were today's quotations per tonne: CTD saria (kamdhenu) 8-mm, 29,150, 10-mm, 28,500, 12-mm 28,050, 16-20 mm 29,150 and 25-mm Rs 29,050. Rathi tor steel : 8-mm 29,100, 10-mm 28,500, 12-mm 27,750, 16-20 mm 28,200 and 25-32 mm 28,300. Saria Jai bharat (iso 9002) 8-mm 28,000, 10 mm 27,600 12-mm 26,700, 16 to 25 mm 27,400-27,500. Amba saria (iso-9002) 8-mm 27,400, 10-mm 27,000, 12-mm 26,000, 16-20-mm 26,800, 25-mm 26,900. Amba shakti: (TMT) 8mm 28,300, 10 mm 27,400, 12 mm 26,700, 16 to 25 mm 27,000-27,100. M S Angle: (50x5) (50x6) 25,300, (25x3) (32x3) (40x3) 26,300, (40x5) (40x60) 25,400. Angle capital (ISI) (50X5) (50X6) 25,600, (40X5) (40x6) 25,700, (35X5) (65X6) 25,600-25,700. Girder (joist) (150x75) 26,500 (175x85) 26,700 (200x100) 23,500 (125x70) 26,800. T-IRON (40X5) (40X6)(50X6) 22,400. Ingot and Scrap: Mill heavy 16,300-16,500 Turning boring 15,050-15,150, Cast Iron 16,400-16,500, Motor parts 13,300-13,400, Rail re-rolling 15,200-15,300 and ingot Bhivari 17,900. (PTI) |
Wheat weakens on sluggish demand, stockists selling NEW DELHI, Nov 18: Wheat prices declined on the wholesale grains market today on reduced offtake amidst weakening trend at NCDEX and closed with fresh losses. In the rice section, basmati common and non-basmati rice, edged up on increased demand. Marketmen said weakening trend at NCDEX where wheat for November contracted traded lower at Rs 1095 per quintal and reduced offtake by rolling flour mills mainly led to a fall in the commodity prices. They said, however, increased demand from retailers in view of marriage season pushed up basmati (common) and non-basmati rice prices. Wheat MP (deshi) and wheat dara lacked necessary follow up support and quoted lower at Rs.1640-1840 and Rs.1140-1145 against last closing of Rs 1650-1850 and Rs 1150-1152 a quintal respectively. On the other side, rice basmati common gained Rs.100 at Rs.3050-3200 a quintal on increased demand. Permal raw, wand, sela and IR-8 also quoted higher at Rs.1100-1150, Rs.1260-1350, Rs.1250-1400 and Rs.1025-1050 per quintal respectively. Bajra and Jowar moved up to Rs.705-710 and Rs.740-750 a quintal respectively on increased industrial demand. (PTI) |
Gur slip further on increased arrival, reduced offtake NEW DELHI, Nov 18: Gur prices declined on the wholesale gur (jaggery) market today on increased production amidst poor offtake by stockists and local parties and closed with moderate losses. Marketmen said increased arrivals from gur manufacturing mandies against poor demand from stockistscal parties mainly pulled down sugar prices. At Delhi, gur pedi superior quality lost Rs.25 at Rs.1300-1325 a quintal on reduced offtake by local parties. Shakkar and khandsari dipped to Rs.1400-1450 and Rs.1900-2000 from previous levels of Rs.1450-1500 and Rs.2000-2100 a quintal respectively on increased arrival. In Muzzafar Nagar, gur khurpa eased to Rs.1075-1100 against last closing of Rs.1100-1150 a quintal on lack of stockists buying. Following were today’s quotations: Chakku 1250-1300, Pedi 1300-1325 and Dhayya 1300-1350 Shakkar 1400-1450 and Khandsari 1900-2000. In Muzzafar Nagar: Raskat 900-950, chakku 1100-1200 and Khurpa new 1075-1100. In Murad Nagar: Pedi 1125-1150, Dhayya 1100-1175. (PTI) Sugar remains weak on reduced offtake, adequate stocks. NEW DELHI, Nov 18: Sugar prices continued to show a downward trend on the wholesale sugar market today on sluggish demand amidst adequate stocks position and closed with further losses. Marketmen said fall in demand in the face of adequate stocks position mainly attributed to fall in sugar prices. In the mill gate section, Modi Nagar, Baghpat, Daurala and Mawana remained under selling pressure and finished weak at Rs.1775, Rs.1695, Rs.1780 and Rs.1780 per quintal respectively. Khatauli, Bijnor and Amroha followed suit and traded lower at Rs.1780, Rs.1660 and Rs.1635 per quintal respectively. Following were today's quotations in rupee per quintal. Sugar ready M-30 1820-1940 and S-30 1810-1930. Mill delivery M-30 1640-1805 and S-30 1630-1800. Sugar mill gate prices (excluding duty): Modi Nagar 1775, Bagpat 1695, Daurala 1780, Chandpur 1675, Titabi 1800, Mawana 1780, Simbhawali 1820, Khatauli 1780, Badaiu 1715, Sattha 1655, Ruderavilash 1670, Bijnor 1660 and Amroha 1635 and samali Rs 1790. (PTI) |
Investments by Indian Americans : Ravi NEW YORK, Nov 18: Acknowleding the efforts of Indian Americans who lobbied hard to ensure the smooth passage of the Indo-US civilian nuclear deal in the US Senate, Union Minister Vayalar Ravi has asked the community to show similar alacrity in investing their money and talent in India. Despite the governments efforts to streamline and simplify procedures, their investments continue to be much below their capacity, the Minister for Overseas Indian Affairs said at a function organised by Indian-American organisations yesterday. The Indian Americans are among the richest ethnic groups in the US with annual earnings of about USD 150 billion dollars, Ravi said and asked the community to divert at least 10 per cent of its earnings to India. Ravi suggested that NRIs could form "groups" which would enhance their capacity to invest, adding there was "ample scope in the service sector, including healthcare and education. "The Government is prepared to look into any difficulty they might face and take remedial steps," Ravi said. He also lauded the efforts of the community for its "sustained campaign" to get the Indo-US civil nuclear deal approved by the Senate. Talking to reporters, he said the Government would discuss with the US government the issue of social security payments, which are deducted from paychecks even on H-1B visas (for short-term employment) and not given back even if Indians return to their homeland. "It is a matter of negotiations. An agreement on the issue had been signed with Belgium and negotiations were on with some European nations," he said. The minister invited the community to the Pravasi Divas scheduled for January 7 to 9 where Chief Ministers of all states are expected to be present giving the NRIs an opportunity to interact with them and understand investment potential in the country. He also spoke about the proposal to set up a People of Indian Origin university in one of SEZs in India where both NRIs and Indians could study. (PTI) |
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