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Tuesday, 27 December 2011
Monday, 26 December 2011
bullion updates
| Pan American Metals of Miami says Gold Bullion is the Safest Investment Virtual-Strategy Magazine MIAMI, FL- While it may not have acted that way recently, gold bullion is still one of the safest investments a person could make, particularly if they are looking for a long-term investment. Investors can get caught up with the daily ups and downs in ... |
| Cash Gold Little Changed in Thin Holiday Trade; Awaits U.S. Economic Data Cash bullion traded little changed at $1604.45 an ounce at 2:51 pm Singapore time. Spot silver was at $29.11 per ounce and there were no trades in platinum and palladium. Hong Kong, Singapore and Australia are closed today. Orders for durable goods ... |
| India gold, copper seen down on firm rupee Times of India MUMBAI: India's gold futures are likely to ease on Monday morning on a firm rupee, which trimmed the landed cost of imported gold in the world's biggest consumer of bullion, analysts said. * The most-active gold for February delivery on the Multi ... |
| Gold: Is there still time to invest - Commodity Online San Francisco Luxury News The popular ways to invest are to buy actual physical Gold or to invest in a fund like an ETF or similar, gold coins are a way to own physical gold, bullion coins can be easily stored (preferably in the bank or in a safe) and are an interesting way to .. |
Chana Update
Market News
Sown area under total pulses is down by 1% to 134.18 lakh hectares (LHa) as compared to
135.21 LHa same period last year.(December 24,2011)
The area under gram or chana (the major pulse crop of Rabi season) is also down by 4.35% to
85.78 LHa against 89.68 LHa same period last year.(December 24,2011)
As per the latest crop progress report, sown area under pulses in the Uttar Pradesh is up by
1.34% to 18.13 lakh hectares as compared to 17.89 lakh ha. in corresponding period last year.
The gram planted area has risen by 2.08% to 8.33 lakh ha. in comparison to last year 8.16 lakh
ha.(December 22,2011)
CORIANDER – Daily Report( dhania news)
December 26, 2011
Prices were quoted in the range of Rs. 3900- 4000 per quintal.
Market Resources are expecting higher sowing area compared to last year.
In Madhya Pradesh, sowing is almost complete with estimated 25 – 30%
higher sowing area as compared to last year. Similarly in Gujarat, estimated
sowing area is almost double that of last year.
Total sown area of Coriander in Andhra is 7232 hectares as compared to last
year's 14741 hectares, for the week ending with 21
st
December, as per the
Weekly Report of Rabi sowing in Andhra Pradesh dated 21/12/11.(source:
For the period April – October 2011, Estimated export of spices is around
2,96,100 MT with value of 1132.36 million US $. Of this, Coriander has share
of around 5.40% quantity wise (16,000 MT) and 1.8 % value wise (Rs. 94.31
crores).
Coriander Export has decreased by 45.01% for the period April-October
2011, as compared to the same period last year.
For the FY 2010-11, India exported 40,500 MT coriander with total value of
Rs. 166.63 crores.
Indian Production figure for year 2010-11 is estimated to be around 2.8-3
Lakh MT
jeera latest news
Jeera futures ended up on short covering amid fresh export enquiries. However, the overall trend remains bearish. As per trade source, jeera production in Rajasthan is likely to rise on suitable weather conditions and proper moisture content in the soil. The acreage was reported down but increase in yield would result on rise in production. As of December 20th 2011, jeera acreage in Rajasthan was 3.03 lakh hectares, down from near 3.30 lakh hectares same period a year ago. Added, yield of jeera in Rajasthan is expected to rise to 500 kg per acre from 348 kg a year ago. According to latest release by Gujarat Agriculture Department, jeera acreage in the state increased by 26 percent to 2.64 lakh hectares. The export demand is likely to rise further in coming months as Indian jeera was offered at a lower rate compared to other origin. As per market source, currently Indian jeera is offered at $2700 per tonne compared with $3200-$3300 two months ago. Crop failure in other major producing countries may also boost the export demand.
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