Quantcast

Commodities





Commodity News

Commodity Prices : MCX, NCDEX, NMCE, Spot Rates

Commodity Trading Tips

For medium and high value investors
For brokers,sub brokers and high value investors
For those who trade in just one commodity
For those who trade in Mini Lots

Equity Trading Tips

Intraday Futures and Option calls
Specially filtered 4 to 7 calls per day
For those who trade in just one commodity

Commodity Outlook

Reports

Last Updated :May 26, 13:58 IST
1313.1     (-20)
35450     (0)
775.1     (0)
Get MCX/NCDEX/NMCE Futures Rates
Last Updated : 08 October 2009 at 16:25 IST
Follow us on and for updates

Heavy rains unlikely to recur in Southern India: IMD

 SHARE THIS STORY
0
1
NEW DELHI (Commodity Online): Heavy rains at the end of monsoon, followed by flooding in Southern regions of India, will unlikely to recur, said Meteorological Department of India.

According to an official, these rains were because of the formation of lower pressure over Southern India. It is unlikely to occur again as the rains were over there, he added.

Meanwhile, showers may continue in the northern state of Uttar Pradesh for a couple of days and some isolated rain may occur over some parts of southern India over the next two days, IMD said on its website.



The late burst of rainfall has not only damaged some of the rice, corn and sugar cane crop but is also likely to reduce recovery of sugar from the standing cane crop. Plantings of summer-sown crops such as rice and sugar cane were hit earlier in the season as monsoon rains were 23% below normal between June 1 to Sept. 30, the worst since 1972.

Rains revived from mid-August, but intense rain in the past few days has compounded crop woes in parts of the country.

Recent flooding in southern and western states of the country is expected to hit the summer- sown standing crops of oilseeds, corn, rice, cotton and pulses, said India’s agriculture Commissioner N B Singh.
NCDEX GARSEDJDRJUN12 20 June 2012 contract was trading at Rs 0 . What's your view on it?
Post your comment  (0)
Connect:
Post to Twitter
Post to Facebook