IFEAT San Francisco 2013 Market Report
The IFEAT conference is about to commence in San Francisco where a number of us from De Monchy will be present. In India, there is some relief for the rupee as a new governor is appointed to the Bank of India. With prices for the large volume items currently accepted by the market, it is a number of the smaller items for which we see considerable activity currently.
August Market Report
In this report we provide an update on how the political situation in Egypt is affecting commodity prices. Additionally we look at the effects of the Indian Rupee's tumble against the US dollar and continued heavy rain in Indonesia.
July Market Report
A major factor affecting the markets this month is the rate of exchange, with the US dollar reaching a high of US$1 to 62 rupees .Earlier in the month this resulted in low export prices but in the later part of the month the national bank of India has taken measures to redress the trend. If these measures are effectual, commodity prices will be supported by the currency. At the time of writing the rupee /dollar exchange is back down between 59 and 60.