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NMCE launches new contracts in pepper, coffee
Commodity Online
AHMEDABAD: The National Multi-Commodity Exchange (NMCE) on Thursday said the exchange is launching new series for futures contracts in 11 commodities, and three ‘spread series’ in pepper from Friday, May 16, 2008
Export demand pushes up turmeric
Commodity Online
NEW DELHI: Turmeric prices went up on lower production and export demand here at the wholesale spices market on Wednesday.
Jeera futures up on fresh buying
Commodity Online
NEW DELHI: Jeera futures recovered slightly on fresh buying by traders here at the wholesale spices market on Wednesday.
Red chilli prices gets hotter on supply concerns
In Pakistan the price of red chilli touched record high as it was sold at Rs 10,450 per maund (37.2 kg) in Sindh. In India a major fire in Guntur( A P), a major spot market, had destroyed over 25-30 percent of the stored chillies creating supply concerns. 
NMCE launches guar seed, turmeric contracts
Commodity Online
AHMEDABAD: India’s National Multi-Commodity Exchange has launched new series for futures contract in guar seed and turmeric from Saturday.
Chilli exports head for heavy decline this year
Commodity Online
BANGALORE: India’s chilli exports are likely to decline this fiscal compared to last fiscal due to unseasonal rains in March and April, said industrial analysts.
Spices remain steady
Commodity Online
NEW DELHI: Most of the spices commodities except jeera remained steady following scattered buying and selling here at the wholesale spices market on Wednesday.
Kerala Agri Varsity develops variety pepper
Commodity Online
KANNUR: The Kerala Agriculture University's Pepper Research Station has developed a unique new pepper variety that can resist the wilt disease and drought conditions.
Biggest chilli market yard burn into flames
Commodity Online
HYDERABAD: Over 300,000 chilli bags, scores of shops and more than 1.2 billion rupees were the casualties of one of the biggest fires that engulfed in Asia’s biggest chilli market in Guntur in Andhra Pradesh.
Pepper prices rise on North Indian demand
Demand in the physical market rose to about 70 tonnes from about 50 tonnes last week, according to Kochi traders.
Cashew, chilgoza up on short supply
Commodity Online
NEW DELHI: Most of the dry fruits except cashew and chilgoza remained unchanged at the wholesale dry fruit market here on Thursday.
AVT Natural acquires marigold seeds from Ball USA
The company has informed the National Stock Exchange today that the eight year old supply agreement signed in October 2005 with Ball Horticultural Company, Illinois, USA has been terminated.
Global pepper output to fall
Commodity Online
Brazil, where harvesting will begin in July, is estimated to produce 39,500 tonnes, while the Indonesian output figure is pegged at 26,000 tonnes.
Dry fruits market remains dry
Commodity Online
NEW DELHI: The wholesale dry fruits market on Thursday witnessed flat trading except for almond prices, which were down on ample supply.
No fizz in cardamom exports
Commodity Online
The average auction price of cardamom doubled to Rs 600 a kg from 2006-07.
'Promote agro-industries in rural areas'
Commodity Online
NEW DELHI: The Global Agro Industries Forum 2008, that concluded in New Delhi on Friday called for the creation of adequate infrastructure by various governments.
India's exports more than doubled in 4 years
Commodity Online
NEW DELHI: India said on Friday that the country's exports have more than doubled in the last four years thanks to the new Foreign Trade Policy it unveiled in 2004.
Kerala tribals to export organic pepper to Germany
Commodity Online
This is for the first time in the country that a farm produce from tribal settlements is being directly exported to overseas markets.
Tribals become Pepper exporters in Kerala
Commodity Online
Around 59 tribal families, who have been doing organic pepper cultivation for decades, have got the opportunity to be exporters.
Summer rains: Win some, lose some
Commodity Online
The total production of pineapple in the country is estimated at 3.25 lakh tonne. On the other hand, the rains have adversely affected spot prices.
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     Market Pulse  
  Gold above $900 on record Oil price, weak Dollar
  Gold futures in MCX have opened higher tracking overnight gains in their overseas counterparts. International spot gold price rose above $900 a Troy ounce yesterday, as its appeal as an inflation hedge was boosted by oil’s rally to new record highs a
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  Following are the updates on LME warehouse stock movements
  SHFE Inventories
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    Technical Calls  
  Gold Outlook
  Gold price rose above $900 a Troy ounce on Friday, as its appeal as an inflation hedge was boosted by oil’s rally to new record highs and weakness of the dollar.
  Pivot levels - MCX
  Following are the pivot levels for commodites traded in MCX
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  Following are the pivot levels for commodites traded in NCDEX
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    FOREX Reports  
  Dollar falls sharply on weak Consumer Sentiments
  The dollar fell against the euro on Friday as an unexpected sharp drop in US consumer sentiment index to a 28-year low in May diminished the view of an interest rate hike this year.
  Sterling up against a broadly weak Dollar
  Sterling rose against the dollar on Friday supported by weakness of the counterpart due to an unexpectedly sharp drop in US consumer sentiment index to a 28-year low in May.
  Dollar volatile; closes up against Euro
  The dollar was volatile against major currencies, and closed marginally higher against the euro.
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