CommodityWatch
Fortnightly Review of Commodity Markets
Vol. 1    Issue 14     14 Mar, 2008 - 28 Mar, 2008
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Editors Choice
Black pepper, a native spice of India, is one of the most ancient spices in the world.
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Budget 2008
The Fiscal Policy or Budget is one of the most awaited policy announcements at both macro and micro level as various measures undertaken in the form of sops or levies affect individuals as well as industry as a whole.
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Cover Story
In the world of spices, black pepper is by far the most important. Pepper has been the most commonly available natural preservative in canning, pickling and baking for meat and other perishable products since ancient times.
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Economy Canvas
The annual rate of inflation as measured by the WPI on a point-to-point basis has been gradually rising and has risen above the 5 per cent level after a gap of 39 weeks.
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Exchange Insight
The top 5 remain unchanged. However, silver at second spot has significantly increased its share while that of gold and crude oil declined. Total turnover rose 20% this fortnight
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Global Markets
Most base metals benefited from US inflationary concerns and expectations of fresh interest rate cut by the Fed. Drawdown in LME inventories due to increased demand induced by record lows of the dollar aided the trend
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Spot Light
Silver is one of the first metals to have been brought into commercial use by humans. This is clear from the fact that the words for "silver" and "money" are the same in at least 14 languages.
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Commodity Trend
Sugar prices, which had been witnessing a slump for over a year, hit rock bottom levels in mid-May 2007
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Market Review
In an extremely volatile trading, precious metals touched record highs during the past fortnight on growth in investment demand after crude oil peaked to new highs and the US dollar hit an all-time low against the Euro.
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Quick News
The rabi 2007-08 oilseeds area as on February 22, 2008 was 89.58 lakh hectares, 7.38 lakh hectares less than last year.
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Astro Speak
As per financial astrology the weeks 11 and 12 represent Moon and Jupiter.
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Coffee Break
It’s been said that success is getting what you want, but happiness is wanting what you get. Or to put it another way: perspective, next to money, is the easiest thing to lose.
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Crop Weather
Crops are at milk/dough stage in Punjab, Haryana, UP, Bihar, Maharashtra, MP, Gujarat, Rajasthan, Jharkhand, Assam, Bengal, Arunachal, Himachal and Kashmir division
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Event Watch
March 16-31, 2008
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