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10th Nov 08 (Indicative
Commodity Prices in US$ PMT FOB port, India)
Cumin
Seed - Jeera (fob Kandla/Mundra)
Machine Cleaned 99% - US$ 2350-2425
Best
Machine Cleaned - US$ 2650-2750 Though
the spot prices were more or less same, the Nov futures crashed intra-day by around
2.8% mainly due to profit booking. The future market is moving at premium to spot
market. Sesame
Seed - 98/2 - US$ 1675-1725 (fob Kandla/Mundra) Sesame
is one of the the most fluctuating product. Exporters may prefer pre-payment for
small quantities rather than L/Cs. Guar
Gum (Splits) - 925-950(fob Kandla/Mundra) The
prices have increased in Indian market last week due to good demand from China.
But guar rates may slip if overseas importers prefer to wait for further purchases.
The guar seed prices in local market remain at US$ 343-347 (Rs. 16150-16350) pmt. Coriander
Seed (Dhainya) - 99% - US$ 1780-1820 (fob Kandla/Mundra) The
prices have moved up steadily. The Nov futures is up by around 2% to spot prices.
Coriander is mainly used as spice for flavoring of food. Turmeric
- (fob Mumbai )
FAQ - US$ 850-875 pmt
E.U. - US$ 900-940
pmt The prices
for turmeric moved up in spot market due to strong futures trading. The export
demand is on the lower side because of the fluctuating dollar. Sunflower
Seed - US$ 625-650 pmt fob
Sunflower
Oil - (Indian Wholesale prices) Exp - US$ 1250 pmt, Exp Ref - US$ 1355 pmt Niger
Seed - US$ 910-950 pmt fob Safflower
Seed - US$ 725-750 pmt fob
Safflower Oil - (Indian Wholesale prices) Exp
- US$ 1830 pmt | 
