AGRI-BIZ & COMMODITIES
HORTICULTURE/FRUITS & VEGETABLES
Concor to buy 12,000 t apples for retail supply
Will procure through its cold chain subsidiary
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RUBBER
Spot rubber unchanged in subdued trade
Kottayam, July 28 Physical rubber prices finished unchanged on Saturday. The market activities were subdued as the overseas commodity exchanges were closed during the weekend. Sheet rubber closed unchanged at Rs 85 a kg both at Kottayam and ...
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TEA
Tea exports may be hit
Despite efforts to promote Indian tea in the international market, tea exports in 2007-08 are likely to be lower than the 203 million kg (mkg) shipped in 2006-07. In 2006-07, the net tea export was around 185 mkg, almost the same as that in ...
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TECHNICAL ANALYSIS
Palm oil may test support, rise
Malaysian crude palm oil futures ended higher on Friday supported by a weaker ringgit and rising energy prices. A weaker ringgit against the dollar makes ringgit-based palm oil cheaper for overseas buyers. Energy prices often helps support to ...
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GOLD & SILVER
Single licence to mine gold, diamonds proposed
New Delhi, July 28 The new mining policy, which is likely to be tabled during the winter session of Parliament, proposes to allow companies to mine gold and diamonds with a single licence. Huge ...
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COMMODITY MARKETS
Commodity markets will stabilise in 3-4 years: FMC
The Forwards Markets Commission (FMC), the regulator for forwards markets under the Union Ministry of Consumer Affairs and Distribution, foresees stabilisation of commodity markets in the next three-four years. "We are learning the problems and ...
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