Business Line : Markets / Commodities : Pepper loses steam on selling pressure

Business Line : Markets / Commodities : Pepper loses steam on selling pressure: The market continued to remain highly volatile.

- Sent using Google Toolbar

BRICS sign two currency pacts, to set up joint bank | TwoCircles.net

BRICS sign two currency pacts, to set up joint bank | TwoCircles.net: New Delhi : The BRICS grouping of five emerging economic powerhouses - Brazil, Russia, India, China and South Africa - Thursday signed two pacts to spur trade in their local currencies and agreed on a joint working group to set up a development bank that will raise their economic weight globally.

- Sent using Google Toolbar

Soy hits 6-month high on Brazil; corn retreats | Reuters

Soy hits 6-month high on Brazil; corn retreats | Reuters: Soybean futures soared to a six-month high on Monday as diminishing projections for the crop in Brazil, projected to be the top exporter of the oilseed, increased the need for ample U.S. supply.

- Sent using Google Toolbar

Business Line : Industry & Economy / Agri-biz : Pepper recovers on reports of supply squeeze

Business Line : Industry & Economy / Agri-biz : Pepper recovers on reports of supply squeeze: They said Vietnam was reportedly steady and it was offering only 500 GL and 550 GL pepper.

- Sent using Google Toolbar

Business Line : Markets / Commodities : High volatility keeps pepper under uncertainty

Business Line : Markets / Commodities : High volatility keeps pepper under uncertainty: A report from overseas last weekend said “Pepper market remains indecisive. In general the trade is forecasting higher prices, which is largely based on the assumption that supply is still falling short of demand during 2012”.

It attributed this argument to “low stocks in Brazil, India's latest position as a net importer, Indonesia not being a factor of importance at least until July/August and Vietnam at best having a crop that is equal to last year”.

- Sent using Google Toolbar

Farmers forced to sell paddies at dirt cheap prices | Vietnam Business News

VIETNAM: Farmers forced to sell paddies at dirt cheap prices | Vietnam Business News: Farmers forced to sell paddies at dirt cheap prices

Despite the rising rice export prices, and the government plan to stockpile 1 million tons of rice that was implemented over the last week, many farmers still have to pile up paddies in their houses since buyers, if there are any, always demand dirt cheap prices for the grains.

- Sent using Google Toolbar

Sugar users urge boost to EU stocks | Reuters

Sugar users urge boost to EU stocks | Reuters: EU sugar production costs are estimated to be around 30 percent higher than in top producer Brazil, according to Elisabeth Lacoste, General Secretary of the International Confederation of European Beet Growers.

- Sent using Google Toolbar

Brazil’s Millers May Switch to Ethanol If Prices Keep Converging - Bloomberg

Brazil’s Millers May Switch to Ethanol If Prices Keep Converging - Bloomberg: Brazil, the world’s largest sugar producer,

- Sent using Google Toolbar

Business Line : Markets / Commodities : Pepper prices hit historic levels as demand outstrips supply

Business Line : Markets / Commodities : Pepper prices hit historic levels as demand outstrips supply: In the international market, buyers are waiting for increased arrivals in Vietnam markets. But there also arrivals have not yet picked up as anticipated probably because farmers may be holding back. The availability situation in the world market, therefore, continued to remain uncertain. Nobody is in a position to tell what the actual position is, they said.

- Sent using Google Toolbar

Brazil Faces New Oil-Boom Curse as the World’s Resource Engine - Bloomberg

Brazil Faces New Oil-Boom Curse as the World’s Resource Engine - Bloomberg: - Sent using Google Toolbar

Iran buys U.S. wheat again, trade set to grow | Reuters

Iran buys U.S. wheat again, trade set to grow | Reuters: Iran has purchased 60,000 metric tonnes of U.S. wheat, the U.S. government said on Thursday, raising the two-week tally to 180,000 tonnes, which industry sources said reopened grain trade ties between the two countries embroiled in a stand-off over Tehran's nuclear ambitions.

- Sent using Google Toolbar

Brazil sugar exports to be spared port jam in 2012 | Reuters

Brazil sugar exports to be spared port jam in 2012 | Reuters: Brazil sugar exports to be spared port jam in 2012

- Sent using Google Toolbar

Cocoa smugglers on motorbikes evade Ivorian guards | Reuters

Cocoa smugglers on motorbikes evade Ivorian guards | Reuters: "Stop Smuggling Cocoa".

- Sent using Google Toolbar

Black pepper witnesses high volatility trading on commex, IBN Live News

Black pepper witnesses high volatility trading on commex, IBN Live News: Presently majority of the overseas buyers are not placing orders with Indian exporters at current price levels as they are getting Vietnam Pepper at Rs 31,500/quintal for FAQ quality.

- Sent using Google Toolbar

RPT-GRAINS-U.S. wheat recovers after big overnight drop | Agricultural Commodities | Reuters

RPT-GRAINS-U.S. wheat recovers after big overnight drop | Agricultural Commodities | Reuters: Uncertainty about the size of the South American soy crop. Brazil's No. 3 soy producing state of Rio Grande do Sul will harvest a crop of 7.1 million tonnes this season, down from the 8 million forecast previously, the state agriculture agency projected.

- Sent using Google Toolbar

The Hindu : States / Kerala : Low production of pepper despite record prices

The Hindu : States / Kerala : Low production of pepper despite record prices: Farmers shifting to other cultivation like cardamom, when its prices rose above Rs 1,000 a kilogram, was also cited as a reason for poor production.

- Sent using Google Toolbar

Building a Deeper Partnership With Brazil

Building a Deeper Partnership With Brazil: For all these reasons, Brazil matters enormously in the world of the twenty-first century. It is an essential player in a world in which shared global challenges are met with more resilient twenty-first century partnerships.

- Sent using Google Toolbar

Geojit Comtrade`s view on Pepper, Jeera, Turmeric - Moneycontrol.com -

Geojit Comtrade`s view on Pepper, Jeera, Turmeric - Moneycontrol.com -: Pepper futures hit record high following overall positive fundamental factors. Prices are expected to rise further due to supply constraints. Arrivals of fresh crop in spot markets on an average have declined to around 6 tonnes compared with near 12 tonnes a month ago. Delay in fresh crop arrivals from Vietnam, the largest producer of the spice, is also supporting prices.

- Sent using Google Toolbar