There is a shortage in the Indian pepper market as traders hold on to stocks in expectation of higher prices.
Gold loans will turn costlier with major NBFCs planning to raise interest rates. NBFCs have lost the interest advantage as funds given by commercial banks to gold loan cos no longer qualify as priority sector lending.
Branded cashew nut prices are inching closer to Rs. 1,000 per kg, almost double the rates last year due to acute shortage of raw nuts.
Despite the ongoing economic crisis in several countries, Europe continues to be the major buyer, with Italy accounting for the largest share followed by Germany.
While South America and Africa are the main sourcing countries, a Swiss company has launched a chocolate based on organic cocoa from India.
Madagascar, the largest producer of natural vanilla, sets the price in the international market.
Tender coconut water continues to grow as India's bestseller health drink despite a 100% jump in prices over the last one year.
A weak demand has pushed the prices down to Rs 8,500 to Rs 8,000 per quintal.
Shipments drop to 8 tonne from 40 tonne a month after Osama bin Laden killing.
A sudden plunge in cardamom prices in the ongoing lean season is worrying traders and farmers. After hitting a high of Rs 1,500 per kg in last two years, cardamom prices are oscillating between Rs 750 and Rs 800.
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