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(Indicative Commodity Prices in US$
PMT FOB port, India) 22nd Sep - 985-1025
The prices went
down in the local market but with the sudden appreciation of rupee today further
downward movement in dollar terms was halted. 16th Sep - US$ 1010-1050
With
the new crop due nearby the prices of niger seed crashed in the local market.
The depriciating rupee made it even more attractive for overseas buyers. 15th
Sep - US$ 1090-1125
On the back of declining local market and weakening
rupee the prices of niger declined on export front too. 8th Sep - 1150-1180
The
niger was marginally down in local market but with rupee getting slightly stronger
the effect on export prices nullified and it remained on the same level. 5th
Sep - US$ 1150-1180
The niger seed slided further as markets opened
after gap of two days in India with sluggish demand. 2nd Sept - US$ 1180-1210
The
local prices dipped as well rupee depriciated hence the export prices for niger
dropped. |