Monthly Archives: July 2009

Indian Foodgrain Productions Update : Total foodgrain production increased from 230.77 mt in 2007-08 to 233.87 mt in 2008-09

Dear Subscribers,   New Delhi: India produced a record quantity of foodgrains in the last crop year at 233.87 million tonnes (mt), surpassing the previous high in 2007-08 by about 3 mt. “Despite vicissitudes of weather, total food grain production … Continue reading

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Chinese Government Wants To Purchase Another $80 Billion Of Gold!

Commodity Daily's Blogs http://commoditydaily.blogspot.com  and http://commoditydaily.wordpress.com Chinese Government Wants To Purchase Another $80 Billion Of Gold!By Patrick A. Heller June 30, 2009 Nine weeks ago, the Chinese government admitted to the mainstream media that it had added 14.6 million ounces … Continue reading

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India Budget – Commodities June 2009

Dear Members, NEW DELHI: Union Finance Minister Pranab Mukherjee has announced several commodity-friendly measures in the budget including withdrawal of Commodity Transaction Tax. (CTT) apart from the stated objective of raising agricultural growth to 4% by substantial increase in plan … Continue reading

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Central Banks Buying Gold

Central Banks Buying Gold By Jason Hamlin, on June 12th, 2009 The IMF will likely find eager buyers for all of those ounces of gold that they continually threaten to dump on the market. Not only have we seen foreign … Continue reading

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