China Wholesale rubber shock absorption pad may not have much respite

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  the value of oil imports is coming down very fast because oil prices have gone below (USD) 50 (a barrel)," he said.. As for the country's exports continuing to fall for the 12th month in a row in November, he noted that India also benefited from lower imports. "Export growth may come down or may be moderated, but at the same time we have the benefit of lower imports because the oil imports. Certainly that 1 per cent tax, that was contemplated, goes against the spirit of GST, and that should not be implemented," said Rangarajan . That’s my estimate," he said. I would still think that the current account deficit will still be manageable.Growth rate in the current fiscal ending March 2016 will be around 7. Referring to the stand-off on GST, Rangarajan, who was also the former Chairman of the Prime Minister’s Economic Advisory Council, said: "But on other issues, I think there should be some amount of flexibility, and we should also take note that whatever compromise is worked out is acceptable to the states also. The states may not like too rigid a formulation.

  Prices are around Rs 8,000 per quintal of whole tur while tur dal costs 1.Mr Jawandhia does not see the prices of pulses coming down in the near future. If however there is a good monsoon then prices won’t rise. But since domestic tur is in greater demand (the taste is better), it may remain costly.Consumers China Wholesale rubber shock absorption pad may not have much respite from high prices of tur dal and other pulses in 2016.Sugar prices are expected to be stable.Groundnut oil today sells at Rs 140 per kg because it is mixed with palm oil and cotton seed oil.According to agricultural expert Vijay Jawandia the prices of pulses and edible oils are dependent on inteational prices and have nothing to do with minimum support price. In some places it is selling at Rs 160 per kg. Pure groundnut oil would cost around Rs 200 a kg as it requires 3 kg groundnut and the current groundnut price is Rs 5,000 a quintal or Rs 50 a kg.

  For instance, palm oil has been cheap in the global market only because crude prices have fallen steeply to around $45-50 a barrel. The production of pulses was down during the kharif and rabi season because of the erratic weather.It was expected that when the new crop comes into the market, prices would fall. When crude oil prices were ruling at $140 a barrel pal oil prices had shot up to $1,400 per tonne..The prices of rice and wheat dep-ends on the harvest but they may be stable because of the stocks in adequate quantities in govement godowns.Palm oil is another commodity which is driven by global price.4 times.For instance, the MSP for tur is Rs 4,600 per quintal and gram is Rs 3,400 per quintal yet the price of tur dal has been hovering between Rs 160-200 per kg. But this did not happen. Imported tur (from Myanmar and Tanzania where production was low) is still Rs 90 a kg. Vegetables may go up in June-July because the water table is very low.

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