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Spice News

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NCDEX – Trade Details for May 12, 2014

NCDEX, 392 members (1,660 User) participated in trading on May 12, 2014 up to 5:00 pm and volumes were Rs. 3,403 crore (one-way). There were more than 62,942 trades put through by them. Active trades were high in were high … Continue reading

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Cotton springing up buying opportunities at NCDEX

Kapas prices are consolidating since last two months in the broad range of 200 points. Technically, Kapas prices are in uptrend and each dip can be taken as good buying opportunity. In last three weeks prices have corrected by approx … Continue reading

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Palm Oil Futures Gain on Soybean Oil

Palm oil futures advanced for the second day after rival soybean oil climbed and demand climbed from Asian nations including India and China as the countries celebrate festivals. The November-delivery contract added 0.5 percent to end at 2,542 ringgit ($806) … Continue reading

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Colgate Factory Workers Strike in West India

Colgate-Palmolive India Ltd. said Tuesday workers at a toothpowder factory at Aurangabad in the western Indian state of Maharashtra have gone on strike since Saturday. The strike won’t impact the company’s toothpowder business as it has enough stocks and has … Continue reading

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Indian Stocks Rise to 19-Month High

India’s stocks rose to their highest in 19 months after foreign direct investment into the nation jumped 61 percent and the government relaxed a rule to make some state-run companies globally competitive. Tata Motors Ltd., the biggest truckmaker and owner … Continue reading

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Learn how to Trade in India

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Sugar Prices Decline

Sept. 9 (Bloomberg) — Sugar mills in India, facing a shortage for a second year, may resume imports after global prices plunged 14 percent in the past week, the country’s second-biggest producer said. Raw-sugar futures for October delivery declined 3.4 … Continue reading

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Indian Stocks Rise; Hindalco Leads Metals Producers Higher

Sept. 9 (Bloomberg) — India’s stocks rose for the fourth day, driving the key benchmark index to a 15-month high. Commodity producers led by Hindalco Industries Ltd. gained as metals prices soared. The Bombay Stock Exchange’s Sensitive Index, or Sensex, … Continue reading

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India May Ban Corn Exports on Drought

India may have to ban corn exports for a second season to boost local supplies as the crop wilts under the driest monsoon in seven years, a lobby group for U.S. producers said. “A ban is a real possibility if … Continue reading

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