Gold Silver Reports ~ The short covering in turmeric futures (Apr) may remain capped as the counter is likely to face resistance near 8545 levels.
agri commodity
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Agri Commodities; Short Term Trend Remains Volatile
Gold Silver Reports ~ After the bullish trend seen for most Agri counters over last few days, profit booking at the higher levels brought some dips to the rising prices. Rising arrivals of new Rabi crop too helped pressurize prices.
Mentha Oil Trading Intraday Range 878 to 916
Gold Silver Reports ~ Mentha oil on MCX settled down by -0.8% at 895.6 driven by subdued demand from consuming industries at spot market.
Cotton Marketing From High plains of Texas
Gold Silver Reports – A group of likeminded people with interest in entrepreneurialism and developing businesses in Lubbock, Texas is organizing the weekly 1 Million Cups Lubbock
Excess Agricultural Stocks Causing Investor Anxiety
Gold Silver Reports – With the country’s excess agricultural stocks beginning to drag on global commodity prices, the Chinese government has been forced into an overhaul of its farm subsidy program in an attempt to reduce supply and boost demand.
Jeera Ready for Fresh Buying, Open interest 10.90%
Gold Silver Reports → Jeera settled up by 3.69% at 15020 on rising demand from stockists and traders at the spot market. Though, Good weather conditions for cumin crop in Gujarat and limited export demand, capped some gains. Jeera supply reported lower in the Unjha spot market as new arrivals started lower quantity. Sources revealed that, Jeera sowing is delayed by 20 – 25 days in Gujarat as a result new Jeera crop arrivals will delay compared to normal arrivals time.
Sugar Production Rises in India 4.5%
Gold Silver Reports ~ Sugar Production Rises in India mills 142.53 lakh tonnes of sugar as on 31st Jan, 2016 marking 4.57 % increase, according to ISMA (Indian Sugar Mills Association).
Winter Has Affected The Nilgiris Tea
Gold Silver Reports ~ Winter has taken its toll on the tea in India’s Nilgiris. As temperature treads lower depths production of tea in South India’s largest tea producing district.
Centre Govt Will sanction Rs. 30 Lacs; Agricultural market
Gold Silver Reports – India is moving ahead with the reforms in online agri markets with the aid of technology. The Narendra Modi government is planning to launch new software to enable E-connectivity of Agricultural markets in the country.
Budget 2016: Agri Equipment Bank Top Recommendations
Gold Silver Reports ->> India is gearing up for Union Budget 2016 which attracts much attention as expectations are high amidst global commodity price slump and volatile economy. Arun Jaitley, Union Finance Minister, has been presented with many pre-budget recommendations including the proposal for improving the farm sector.