LIVE MARKET TRACKER :   BSE SENSEX   31138.21      |    NSE NIFTY 9574.95    
GLOBAL MARKETS :  NASDAQ 6265.2495   +0.4580%    |    FSI London 7424.13   -0.20%    |    NIKKEI Japan 20132.67   +0.11%
  USD GBP EUR CAD AUD INR
USD - 0.7870 0.8937 1.3274 1.3181 64.5290
GBP 1.2719 - 1.1368 1.6883 1.6757 82.0797
EUR 1.1189 0.8801 - 1.4782 1.4736 72.1941
CAD 0.7552 0.5936 0.6749 - 0.9949 48.6810
AUD 0.7575 0.5973 0.6786 1.0066 - 48.9610
INR 0.0155 0.0122 0.0139 0.0206 0.0205 -
Indian-Commodity  :  Commodities  :  Coffee  :  Coffee Stock Traders Defer Purchasing Over Higher Local Rates

Coffee Stock Traders Defer Purchasing Over Higher Local Rates (24-May-2011)

Coffee costs are ruling 10 % increased than the worldwide prices.

Indian exporters, roasters as well as professional traders are deferring its purchasing ideas, because local coffee costs are 10 % high compared to worldwide ranges.

After a sudden decrease of 20 % in global coffee rates previously month, local planters are unwilling to market its produce with the hope of a superior cost in the future.

Source of coffee is much less, pressing up rates at place. So, roasters, exporters as well as professionals aren't stepping into any kind of purchasing accountability because they feel these types of costs are better than owning worldwide costs.

The cost of Arabica in worldwide industry has decreased to $2.3 a pound in current days from $2.9 a pound monthly during the ICE. Robusta costs have adjusted to $2,534 a tonne in Liffe Commodities, London, from the higher of $2,700 a tonne recently.

Top News Today
Tata Steel sells stake in Tata Motors
(24-Jun-2017)

Tata Steel sells stake in Tata MotorsTata Steel has sold its stake in Tata Motors to Tata Sons, the holding company of India's salt-to-software Tata conglomerate, for Rs 37.83 billion ($586.3 million). The steelmaker has sold about 83.54......click on news to read complete article.

Crest Ventures acquires 6 lakh shares of Crest Wealth Management
(24-Jun-2017)

Crest Ventures acquires 6 lakh shares of Crest Wealth ManagementCrest Ventures (CVL) has acquired 6 lakh equity shares of Crest Wealth Management (CWMPL), its Subsidiary Company, from Mitesh Shah at a total consideration of Rs 43.20 lakh on June 23, 2017. Consequent......click on news to read complete article.

DPSC's arm to co-develop 12MW of solar assets in Uttarakhand
(24-Jun-2017)

DPSCDPSC's wholly owned subsidiary India Power Green Utility (IPGUPL) has agreed to co-develop 12MW of solar assets in Uttarakhand with Punj Lloyd Infrastructure (PLIL) to be executed by PL Surya Vidyut, the......click on news to read complete article.

International Stock News
US markets end mostly in green of Friday
(24-Jun-2017)

US markets end mostly in green of FridayThe US markets ended the choppy day of trade mostly in green on Friday, as traders took some support with report from the Commerce Department showing a rebound in new home sales in the month of May. The......click on news to read complete article.

US markets closed mostly lower on Thursday
(23-Jun-2017)

US markets closed mostly lower on ThursdayThe US markets closed mostly lower on Thursday, as weak financials and consumer staples shares eclipsed a rally in the health-care and biotechnology sectors. The Federal Reserve said that the 34 largest......click on news to read complete article.

US markets closed mostly lower; Nasdaq post moderate gains
(22-Jun-2017)

US markets closed mostly lower; Nasdaq post moderate gainsThe US markets closed lower on Wednesday, weighed down by losses in the energy sector as oil prices continued to slide. But the Nasdaq Composite posted moderate gains, thanks to a surge in biotechnology......click on news to read complete article.

 

     
  
Recent Coffee News
 
EquityInvestmentCompany ReportsIPO
Disclaimer
By clicking on this page you accept all the terms and conditions framed by us. News made available here are for informational purpose only. While utmost care has been taken in providing the same. We claim no responsibility for its accuracy. Readers of this blog who make their decision based on the information posted here are solely responsible for their actions.