July 20 (Reuters INDIA) – Indian soybean and soyoil futures are likely to open higher on Monday on lower acreage under oilseeds and firmness in overseas markets, analysts said. As on July 17, Indian farmers had cultivated oilseeds on 10.7 million hectares, down 2.8 percent on year, farm ministry data showed. Concerns deficient rainfall so [...]
India has allowed the export of 900,000 tonnes of wheat by state-run firms and 650,000 tonnes of wheat products by private trade as monsoon rains revived after a dry spell. The government rejected demands of an export subsidy, making shipments viable only to neighbouring Bangaldesh, traders said. One trader with an international firm said Indian [...]
A leading official has stated the government may end a 2 year ban on the trading of wheat and rice futures, due to large crops and lower prices that are being predicted this year. It is predicted that the production of wheat this year will exceed last year’s production of 78.4 million tonnes. Wheat, [...]
This list of NCDEX traded commodities is current as of November 13, 2008. Precious metals: Gold – Silver Base metals: Electrolytic Copper Cathode – Mild Steel Ingots Agricultural Products: Wheat - turmeric - Soy Beans - Refined Soy Bean Oil -Rapeseed – Mustard Seed - Expeller Rapeseed – Mustard Seed Oil – RBD Palmolein – Crude [...]
