AGRI-BIZ & COMMODITIES
COMMODITY EXCHANGES
Market players see red in fluctuations of agri-commodities
Allege manipulation as pepper witnesses high volatility
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RICE
World rice market to rule firm
World rice trade in 2007 could shrink further (for the second year in a row) with lower import volumes forecast for Bangladesh, Iran and the Philippines. World inventories are poised to expand and yet, international rice prices are expected to ...
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WHEAT
Domestic wheat steady despite rise in global price
Mills' requirement almost covered; 4 months to go for new crop
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RUBBER
Rubber declines further
Spot rubber declined again hit by another setback in overseas futures. Tokyo Commodity Exchange recorded heavy losses in all its contracts followed by a sharp decline in oil futures. Sheet rubber RSS 4 weakened to Rs 83.50 from Rs 84.00 and Rs ...
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OILSEEDS & EDIBLE OIL
Soyameal exports double
Soyameal exports during the oil year ended September 2006 have doubled from last year (October 2004 - September 2005). The large carryover stocks of about eight lakh tonnes and better crop size of 72 lakh tonnes (62 lakh tonnes 2004-05) ...
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SPICES & CONDIMENTS
Pepper futures crash again
Despite good business taking place with the US on Monday/Tuesday, the futures market crashed on Wednesday and fell far below the spot prices. "Without any rime or reason the prices fell sharply through alleged manipulation and the market has ...
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