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Northeast India facing rainfall deficit

Geographically, Northeast India has been a weather sensitive pocket and is specially known for deluge on account of incessant rains. This feature see...


IMD corroborates Skymet’s Monsoon foreshadow

The Indian Meteorological Department (IMD) has released its Monsoon forecast for 2014 and put the Monsoon figure at 95% of the Long Period Average (L...


Weather Forecast for India

Weather & Economy

Sugarcane| Indian Sugar futures fell on profit-taking and sluggish demand in local spot markets.

April 24, 2014

Indian Sugar futures fell on profit-taking and sluggish demand in local spot markets, though an estimated drop in production restricted the downside in the price. Sugar futures are likely to open higher in the next session as bulk consumers are likely to increase purchases at the lower prices, according to dealers. Other News Hottest...

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Soybean| Indian Soy oil futures edged higher following gains in overseas palm oil prices.

April 24, 2014

Indian Soy oil futures edged higher following gains in overseas palm oil prices and as the rupee eased, while Soybean futures rose on dwindling supplies in local spot markets. Soybean and Soyoil futures are likely to open higher on good demand in spot markets. According to traders, spot prices of Soybean will increase in...

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Turmeric| Indian Turmeric futures surged on exports inquiries and a slight drop.

April 24, 2014

Indian Turmeric futures surged on exports inquiries and a slight drop in supply at major spot markets of the country. Turmeric prices declined at Erode market on the back of poor quality arrivals. Traders are receiving new orders from North India every day, but for want of quality traders quoted lower price. The demand...

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Cardamom| Indian Cardamom gained flavour on strong demand amidst short supply in the major spot market.

April 24, 2014

Indian Cardamom gained flavour on strong demand amidst short supply in the major spot market. Arrivals have started shrinking at Kochi and aiding a bullish sentiment in the market. Weather conditions were reportedly unfavourable as the major growing tracks have been experiencing severe drought conditions for more than a month now. Other News Hottest...

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Lack of rain affecting mango crops in Madurai

April 23, 2014
vareities of mango

Minimal rain of about 0.2 mm in Madurai, during the month of April, has been severely affecting mango crop in the city. In fact it has hampered the overall production of mango in Tamil Nadu. According to the latest weather update by Skymet Meteorological Division in India, Madurai could receive light showers in the next 48...

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Sugarcane| US Sugar producers have accused Mexico of "dumping" subsidized Sugar across the border in a complaint with US International Trade Commission which could lead to duties on Mexican imports and spark retaliation against US exports.

April 23, 2014

US Sugar producers have accused Mexico of "dumping" subsidized Sugar across the border in a complaint with US International Trade Commission which could lead to duties on Mexican imports and spark retaliation against US exports. United States Sugar producers, who allege dumping margins of 45 percent. Other News Hottest places in India Odisha in...

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Coconut| Drought in Tamil Nadu has resulted in withering of Coconut trees.

April 23, 2014

Drought in Tamil Nadu has resulted in withering of Coconut trees. Copra stocks with the farmers in Erode have been exhausted. Stocks are coming from Kerala and Karnataka state. Around 1200 tonnes of Coconuts are arriving from other states in Erode market daily. Coconut oil have touched Rs 150 per kg in the wholesale...

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Black Pepper| Spot Black Pepper prices at Kochi market topped Rs 600 per kg on strong demand amid tight supply.

April 23, 2014

Spot Black Pepper prices at Kochi market topped Rs 600 per kg on strong demand amid tight supply. Arrivals continued to be thin at Kochi market. There was strong demand from upcountry buyers. On spot prices moved up by Rs 500 per quintal to Rs 60000 (ungarbled) and Rs 62000 (garbled). Export prices stayed much...

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Castor| Gujarat is a major Castor seed producing state.

April 23, 2014

Gujarat is a major Castor seed producing state. Castor seed futures gained as traders started covering on export demand in the spot market. Weak production estimates for the current year also aided the rise. Castor spot price at Rajkot market was up by Rs 5-7 to Rs 765-775 for 20 kg. Demand for castor...

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Mustard| Mustard seed arrivals in Rajasthan markets were in the range of 3.6 – 3.8 lakh bags of 85 Kg each.

April 22, 2014

Mustard seed arrivals in Rajasthan markets were in the range of 3.6 – 3.8 lakh bags of 85 Kg each. Mustard seed prices were settled flat as some support seen due to good oftake and spillover effect from the oil complex. Favourable weather conditions have helped the Mustard crop production in key producing states...

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