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WEEKLY AGRI REPORT BY EPIC RESEARCH - 2 JULY 2012
3 pages
Published by
soni asha
weekly Agri Report(2 July 2012)
Weekly News
The Cabinet Committee on Economic Affairs has put on hold the minimum support price
(MSP) approved earlier for pulses -Tur(arhar), moong and uradin the kharif season 2012-13.
The recent...
[More]
weekly Agri Report(2 July 2012)
Weekly News
The Cabinet Committee on Economic Affairs has put on hold the minimum support price
(MSP) approved earlier for pulses -Tur(arhar), moong and uradin the kharif season 2012-13.
The recent gains in Baltic Exchange’s main sea freight index and China’s increased
infrastructure spending raises hopes for a sustainable rebound in commodities in Asian
region.
Amidst speculations of higher crop, prices dropped almost Rs 6 a kg over the previous week
at the auctions of Coonoor Tea Trade Association which ended on Friday.
However, the lower
price enabled more volume to be sold.
Consequently, producers and traders have earned as
much as 13.
65 per cent more than last week.
Prices dropped to an average of Rs 82.
66 a kg from Rs 88.
44 last week.
This helped the
volume sold to rise to 13.
50 lakh kg from 11.
10 lakh kg
Consequently, the overall turnover increased to Rs 11.
16 crore from Rs 9.
82 crore.
This
marked anincrea
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Tags
crop,
crore,
demand,
friday,
future,
increased,
kharif,
lakh,
price,
prices,
report,
rise,
sold,
trade,
traders,
week,
weekly
