-
Profit booking saps rubber – The Hindu BusinessLine
Place rubber produced all-round gains on Monday. RSS 4 enhanced to ₹170 (169) for each kg, according to traders and the Rubber Board. The quality crossed the Minimum Assistance Selling price (MSP) supplied by the Kerala authorities to strike an intra-day high of ₹171 a kg on early trades, but unsuccessful to maintain at bigger ranges possibly because of to revenue booking. The sector is envisioned to explore more highs on contemporary acquiring and brief covering as the fundamentals are particularly favourable of the ongoing bull run, a trader explained. In futures, the March shipping and delivery was up 1.14% from Friday’s settlement value to shut at ₹171.39 a kg…
-
Finger turmeric price improves – The Hindu BusinessLine
The selling price of the finger turmeric variety was amplified on Thursday. R.K.V. Ravishankar, President, Erode Turmeric Retailers Affiliation explained: “After number of times, great high-quality finger turmeric among the medium variety was arrived in two markets and the traders soon after inspecting the samples, quoted amplified selling price.” “At the Controlled Advertising Committee the some luggage of finger turmeric selling price amplified by ₹500 a quintal and ₹390 a quintal at the Erode Cooperative Advertising Culture, when compared to former day claimed selling price. Only number of luggage have fetched these types of amplified selling price. In other markets there was no improve in finger turmeric selling price and…
-
Spot rubber rules steady – The Hindu BusinessLine
Spot rubber ongoing to rule constant on Monday. RSS 4 was unchanged at ₹114 a kg, according to traders. “We can not be expecting the commodity to recuperate except the tyre makers arrive ahead to procure the uncooked product at the prevailing levels,” a dealer mentioned. There had been no clean aspects to set a definite trend in the market and it misplaced way potentially in the absence of local guidance as the domestic futures remained closed on ICEX owing to Ramzan Id (Idu’L Fitr). RSS three weakened at its May possibly futures to ₹95.64 (ninety six.35) and June to ₹96.fifty six (ninety eight.11) for each kg on the Tokyo…
-
Castorseed output revised downward – The Hindu BusinessLine
Adverse weather conditions in the castor growing regions of Gujarat and Rajasthan in March has led to a downward revision in the crop estimate for the oilseed. The castor trade body Solvent Extractors’ Association of India (SEA) on Friday revised its castor crop estimate for the year 2019-20 to 19.52 lakh tonnes, down by about 84,000 tonnes from the earlier estimate of 20.3 lakh tonnes. After the third round of the castor crop survey by the official survey agency Agriwatch, it was found that the strong winds, rains and hailstorms harmed the crop in some pockets of Gujarat and Rajasthan during March 2020. It also noted that India’s average castor…
-
Rubber Board call centre – The Hindu BusinessLine
Growers can call Rubber Board Phone Centre to know about the providers rendered by Board-owned corporations. Syriac Sebastian, Running Director, Manimalayar Rubbers will show up at to phone calls in this regard on February 26, 2020 from ten am to one pm. The Phone Centre amount is 0481 – 2576622. The corporations jointly owned by the Rubber Board and Rubber Producers Societies are rendering providers such as distribution of good quality planting components, agreement planting , agreement tapping, sale of latex and sheet rubber and distribution of inputs to rubber growers. Facts about the providers of the Board and also specialized suggestions regarding cultivation, production, processing etcetera. of rubber can…
Expect exquisite business
