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:

http://agri.ap.nic.in)

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

bank nifty updates

sell bank nifty 8370 stop loss 8420 target 8280/8250/8200

menthoil

sell mcx menthoil 1315-1318 stop loss 1323 target 1308/1305/1300/1295