***Jeera, Chilli touches upper circuit
***Web desktop targets cybernomads
Pepper future mkt increases
Kochi: Pepper futures market continued to go up on excessive speculation on Feb 28 as the prices in all other origins are also on an upsurge. Investors, processors who had sold to investors and exporters with multi-origin operations purchased pepper and as a result 150 tonnes of the commodity were traded. Difference in the prices of two main exchanges shows that the pressure is on one exchange only. Indian parity has increased to $4,200 a tonne (c&f) and at par with that of Indonesia. Vietnam was not offering Asta grade as they did not want to sell heavy pepper. Prices maintained its upward run with Lasta being offered at $4,100 a tonne (f.o.b.) while Brazil B 1 at $3,800 a tonne (f.o.b.). Vietnam with prices above the Indian and Indonesian levels is now out of the market.
Jeera, Chilli touches upper circuit
Mumbai: Due to tight supply at the Guntur spot markets, chilli futures on NCDEX touched the upper circuit at 3.67 per cent to Rs 4,185 per quintal. Jeera also touched the upper circuit of two per cent at Rs 9,527 per quintal on increased purchasing activities in spot markets. Robust export demand on the back of thin supply shored up pepper futures by 1.2 per cent to Rs 15,780 per quintal. Fresh purchasing on firm spot market coupled with strong export demand in the market boosted maize prices while RM seed recovered on speculative purchasing supported by strong fundamentals. Barley futures fell 0.89 per cent to Rs 1,022 per quintal on long liquidation after the recent rally. Chana for March delivery drop 0.82 per cent to Rs 2,799 per quintal on profit taking as spot prices remained weak across major markets. Kapas was down 0.62 per cent at Rs 512 per 20 kg on profit taking and weak global markets.
Web desktop targets cybernomads
A virtual desktop aimed at users who access the web via cybercafes is attracting interest from organisations set up to bridge the digital divide Offered by Luxembourg-based start-up Jooce, it is being billed as a way of personalising any computer.
Jooce is targeting the estimated 500 million people who log on to the internet from a cybercafe every day.
Its free web-based desktop could prove valuable for those who can't afford their own PC, said experts.
Jooce offers users the functionality they would get from their personal computer on any machine, allowing them access to files, e-mail, instant messaging, storage and other applications. "It's a platform that will make it much easier for the world's cybernomads to manage their digital lives," said Jooce founder Stefan Surzyck.
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