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1. |
04 Dec 2012
India today said the issue of its favourable balance of trade with Bangladesh is sought to be addressed by encouraging investments into the neighbouring nation. "It is not acceptable to India at all that we enjoy such a one-sided trade surplus. India's mission is not to export more and more to Bangladesh as it is emotionally close to our hearts. |
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2. |
04 Dec 2012
The second India-China strategic economic dialogue held last week came at a time when the two countries need to address a range of bilateral economic issues. Revisiting bilateral economic relations is important for changing the global rules of economic engagement. For years, India and China have been involved in re-shaping the global economic architecture to make the functioning of the multilateral institutions in the areas of trade and finance democratic. |
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3. |
04 Dec 2012
Ahead of the Vibrant Gujarat Summit, Indian envoy to Colombia says that India-Colombia Trade in 2011 is likely surpass $1 Billion and that more and more Indian Businessmen are looking towards Colombia for investments, specially after improvement in security situation. Talking to FE from Bogota, Riewad V Warjri, Indian ambassador to Colombia, said that, "Colombia being rich in oil, coal and minerals can help India meet its ever-growing energy demands and raw material for its industries. |
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4. |
04 Dec 2012
Thailand and India could serve their respective "Look East" and "Look West" economic policies amid slowing growth globally, as both countries have high potential to expand and serve as gateways to the Asean and South Asian markets, a seminar heard. New transport routes linking Thailand, Myanmar and northern India totalling 1,306 kilometres, which will be completed in 2016, should promote stronger connectivity between India and Thailand and greatly facilitate business growth. |
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Market Watch |
Commodity-wise, Market-wise Daily Price on 03-12-2012
|
Domestic Prices |
Unit Price : Rs/Qtl |
|
Product |
Market Center |
Variety |
Min Price |
Max Price |
Rice |
1 |
Saraikela (Jharkhand) |
Medium |
|
2600 |
2 |
Bangalore (Karnataka) |
Dappa |
1500 |
1620 |
3 |
Bhanjanagar (Orissa) |
Other |
1800 |
2200 |
Wheat |
1 |
Amreli (Gujarat) |
Lokwan |
1215 |
1855 |
2 |
Ahmedpur (Maharashtra) |
Other |
1350 |
1450 |
3 |
Khanna (Punjab) |
Other |
1450 |
1450 |
Apple |
1 |
Gaddiannaram(A.P.) |
Apple |
350 |
1100 |
2 |
Kangra(Jassour)
(H.P.) |
Apple |
2000 |
4000 |
3 |
Parimpore (J & K) |
American |
3575 |
4400 |
Green Chilly |
1 |
Ahmedabad (Gujarat) |
Other |
300 |
500 |
2 |
Babain (Haryana) |
Green Chilly |
1800 |
2000 |
3 |
Ettumanoor (Kerala) |
Green Chilly |
1800 |
2500 |
|
|
Price on 03-12-2012 |
Product |
Market Center |
Price |
1 |
Ahmedabad |
290 |
2 |
Mumbai |
302 |
3 |
Mysore |
277 |
Source: www.e2necc.com |
International Benchmark Price |
|
Price as on: 03-12-2012 |
Product |
Benchmark Indicators Name |
Price |
Honey |
1 |
Argentine 25mm, CIF NW Europe (USD/t) |
3510 |
2 |
Argentine 34mm, CIF NW Europe (USD/t) |
3370 |
3 |
Argentine 50mm, CIF NW Europe (USD/t) |
3210 |
Guar Gum Powder |
1 |
Indian 100 mesh 3500 cps, FOB Kandla (USD/t) |
5925 |
2 |
Indian 200 mesh 3500 cps basis, FOB Kandla (USD/t) |
5545 |
3 |
Indian 200 mesh 3500 cps technical grade, FOB Kandla (USD/t) |
5770 |
lentil |
1 |
Australian red whole, FOB Australia (USD/t) |
570 |
2 |
Turkish red whole, FOB Mersin (USD/t) |
625 |
3 |
Canadian red whole, FOB Canada (USD/t) |
575 |
|
Other International Prices |
Unit Price : US$ / package |
|
Price on 03-12-2012 |
Product |
Market Center |
Origin |
Variety |
Low |
High |
Onions Dry |
Package: 50 lb sacks |
1 |
|
|
|
15 |
15 |
2 |
|
|
|
12.50 |
12.50 |
3 |
Detroit |
Michigan |
Yellow |
10 |
11 |
Papaya |
Package: 10 lb cartons |
1 |
Atlanta |
Hawaii |
Solo Type |
21 |
21 |
2 |
Boston |
Hawaii |
Solo Type |
21 |
21 |
3 |
Seattle |
|
Solo Type |
20 |
25 |
Cabbage |
Package: 50 lb cartons |
1 |
|
Florida |
Round Green Type |
14 |
14 |
2 |
St. Louis |
Wisconsin |
Round Green Type |
12.75 |
14.90 |
3 |
|
|
|
13 |
14 |
Source:USDA |
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