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Last Updated :Feb 11, 13:59 IST
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Jute
Updated 23:35 IST 28 Nov 2011

Silk industries in Sounth American Countires, especially Brazil, to see production growth by 20% by 2012 from 8% in 2011, according to Michael Cordonnier, an expert in the country's agriculture.

MCX ZINCMINI 29 February 2012 contract was trading at Rs Rs 101.2 , up Rs. 0.55 . What's your view on it?
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( 2 Contracts Down )
NMCE JUTE FUTURES
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Know Jute

Jute is a natural fibre obtained as an extract from the bark of the jute plant that grows like any other organic crop. This fibrous plant in earlier days was also used by the inhabitants as a delicacy that went along with their staple diet. Jute was earlier called by its Bengali name 'Pat' (Patta in Sanskrit).


However, the advent of jute as a commercial commodity dates back to the end of the 18th century. Initially, the jute fibre was made into ropes that were extensively used in the wind and hand driven sea vessels and ships. Later, jute was learnt to have been spun and woven for manufacture of carpets.

COMMODITIES
Bullion
223 28,012(0.8%)
900 59,500(1.54%)
0 2,464(0%)
Cereals
0 1,188(0%)
0 2,968(0%)
0 4,058(0%)
Energy
-19 5,552(-0.34%)
4.5 137(3.39%)
Metals
0.6 113(0.53%)
53.5 1,100(5.11%)
0.9 427(0.21%)
Fibers
-250 18,700(-1.32%)
-30.8 918(-3.25%)
Oil & Oilseeds
0.2 528(0.04%)
37.1 1,273(3%)
59.6 1,549(4%)
Plantation
-2 19,180(-0.01%)
Pulses
-101 3,272(-2.99%)
Spices
13.6 722(1.92%)
0 4,058(0%)
Others
0 11,536(0%)
59.6 1,549(4%)
0 2,968(0%)