1/ we have Windows based new app companies first big 'peoplesoft' raised on popularity of MS windows 3.1 new colourful UI for enterprise apps on better appeal to ORACLE/SAP character based business apps.

2/ in the windows new UI apps age tools 'powerbuilder' is another big winner

3/ at that time we have Database comapnies ORACLE, SYBASE ( modern with Multithereading ) and INFORMIX.

- SYBASE bought powersoft at the end of windows and start of web apps

- SYBASE codeshare with Microsoft , got microsoft rise in windows based MS SQL .. sybase done by ORCLE

- informix down and eventullay IBM bought Informix

- open source DB MYsql rasising

On app servers

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we have Pre webservers which are CGI based , NetDYnamics .. sun bought it .

- then we have java based app servers JBOSS (open source ) , BEA WebLogic , SUNs own , Oracle AppServer

- IBM started Eclipse to diminish SUNs domiance in Java area as open source , everybody on Eclipse ( Microsoft tools Visual Studio etc... are checked )

Business Apps

----------------

PeopleSoft done great with vertical HR apps

- Sieble new startup with Sales Force Automation new veritcal and great success as public company

- Oracle bought Peoplesoft after long 1 year battle

- Oralce bought Sieble

- Oracle bought Jd Edwards

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Oracle Bought SUN as SUN has Mysql and 50% of ORACLE RDMBS runs on SUN boxes

- IBM somehow did not interested in SUN .

- REdHat ( open source Linux company charges for support success with IPO )

- RedHat bought JBooss for 400 million

----

New Email Zimbra ( server and client) got popular Yahoo bought it for 300 million to coutner GOOGLE Email and open sourced .

- no success yahoo sold Zimbra to VMware

- VM ware bought SPringSource for 400 million ( surprise ) to integrate Springapps with 'virtiualization .

---

Android -- google bought small startup and developed a year and then open sourced in 2009

Google Apps - for businesss gaining with $50/year per user

Cloud computing -- champion Salesforce.com with 70,000 business at end of 2009 on avg. paying $1500/month ..

prices are collected from different articles given below.

Nov 17, 2009: 13,000 ( adjusted for spot price, all below are spot prices )

JAN 1, 2010: 7, 130

FEB 7, 2010: 10,150

MAR 4, 2010: 8, 560

MAR 25, 2010: 11,300

APR 15, 2010: 12,500

APR 26 : 13,200

July 24 : 17,100 ( Nizamabad ), 15,260 ( Edora)

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asr: get in touch with this Range university guy ( refernce krishna reddy friend )

High turmeric prices encourage farmers to shift from chilli, maize

Mon, Aug 2, 2010

The over-100% jump in turmeric prices this year is having a cascading effect on other cash crops with large number of farmers in Andhra Pradesh and Tamil Nadu switching from chilli and maize plantation to turmeric, hoping better returns.

According to Agricultural Market Intelligence Centre (AMIC) of Acharya NG Ranga Agricultural University (ANGRAU), acreage under turmeric has gone up by over 20% in Andhra Pradesh while farmers have substituted tapioca with turmeric in the Erode and Salem regions of Tamil Nadu.

According to AMIC, the market price of turmeric would fall during the harvest period, given the normal monsoon in the growing areas. "Our survey with traders at the Nizamabad and Duggirala markets in Andhra highlights that the market price would fall to Rs 11,000 -Rs 12,000 per quintal at the time of harvest," AMIC principal investigator, P Raghu Ram, told FE.

New crop normally hits the market in mid-January. The March-April period witnesses a peak to continue through June.

According to Spices Board data, spot price for a kilogram of turmeric at Nizambad and Erode markets stood at Rs 171 a kg and Rs 152.60 a kg, respectively, for the week ended July 24. Turmeric prices have more than doubled in 2009. Prices rose by 138% for the first eleven months of 2009. The average price of turmeric stood at Rs 39 a kg in January 2009 and at Rs 133.75 in June 2009.

Spices Board data show turmeric consumption is increasing at a high rate to stand at around 3,70,000 tonne per annum.

AMIC expected the market to ease after the major demand season but surprisingly it continued to be firm and bullish, said Raghu Ram. This is owing to strong sentiments and high demand for turmeric seeds, he added. "Farmers are buying turmeric for seeds in the hope of good returns. The stocks at the Nizamabad and Duggirala market are very low. This has pushed up the prices further," he said.

Good export demand amid dwindling stocks of turmeric is aiding the firmness.

Turmeric prices have started moving up after a brief lull over the fears that the existing carryover stocks may not be enough, given that new crop will hit the market only in January, 2011.

A report from Karvy Comtrade said normal and timely monsoon is expected to result in a 30% increase in acreage under turmeric this year. In 2009, turmeric spread over 1.2 lakh hectares . Turmeric availability in 2009-10 was estimated to be lower by around 42-45 lakh bags as against the earlier estimate of 52-54 lakh bags.

"So far, the climate has been very favourable for the new crop. However, the timing and intensity of monsoon is very critical. Last year, heavy rains and cyclone in November damaged the crop. If monsoon rains are normal this year, we expect production to increase substantially," said Raghu Ram said.

JULY 15: 15,000

Turmeric futures fell in afternoon trade as traders booked profits after prices rose more than 7 percent in as many sessions and on hopes of revival in monsoon, which may boost sowing, analysts said. India's annual monsoon rains were 2 percent above normal in the week to July 7, sources in the weather office said on Thursday.

The most active July turmeric was down 0.30 percent to 15,100 rupees per 100 kg. In Nizamabad, a major spot market in Andhra Pradesh, turmeric slipped 17 rupees to 15,068 rupees per 100 kg. India's turmeric exports rose 8 percent to 10,350 tonnes in April-May 2010 from the same period a year ago.

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MAY 28 : 14,760

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http://economictimes.indiatimes.com/markets/commodities/Spices-futures-trade-weak-on-tepid-demand/articleshow/5985191.cms
MAY 28: MUMBAI: India's turmeric futures shed more than 1 percent on Friday on profit booking after prices rose nearly 3 percent in the last 2 sessions, analysts said. "Turmeric may trade sideways to down if monsoon remains good. A timely and equally distributed monsoon rains may boost sowing operations in the growing regions. Demand is average in spot," said Punam Chand Gupta, an exporter based in Nizamabad.

The most active June turmeric was down 1.26 percent at 14,760 rupees per 100 kg. In Nizamabad, a major spot market in Andhra Pradesh, turmeric dipped 5 rupees to 14,825 rupees per 100 kg. Turmeric exports in February 2010 stood at 2,500 tonnes, down 19 percent from a year ago, according to data from the Spices Board.

http://economictimes.indiatimes.com/markets/commodities/Turmeric-futures-rise-on-strong-demand/articleshow/5859603.cms

APR 26, 2010

NEW DELHI: Turmeric prices edged up by Rs 358 or 2.79 per cent at Rs 13,191 per quintal, supported by high exports and spot demand.

Holding back of stocks by farmers in anticipation of better prices also influenced turmeric futures prices.

At the National Commodity and Derivatives Exchange, turmeric for delivery in June rose Rs 358, or 2.79 per cent to Rs 13,191 per quintal in an open interest of 9,380 lots.

Similarly, the spice for delivery in May also gained Rs 335, or 2.59 per cent at Rs 13,253 per quintal, with an open interest of 13,770 lots. It had spurted by 4 per cent to Rs 12,918 per quintal in the previous session.

Market analysts attributed the rise in the turmeric prices at futures market to pick up in export as well as domestic demand.

-------------------------------------

India Turmeric Prices May Rise Further - Traders, Analysts

APR 22 , 2010

http://online.wsj.com/article/BT-CO-20100422-709680.html?mod=WSJ_World_MIDDLEHeadlinesAsia

asr: since it is wsj article , you can believe it bit more

By Dilipp S Nag

Of DOW JONES NEWSWIRES

MUMBAI (Dow Jones)--Turmeric prices in India are expected to firm up further as new crop arrivals suggest output will be below earlier estimates while demand remains strong, traders and analysts said Thursday.

Spot prices are already up 18% since mid-March to about INR12,212 per 100 kilograms in the major trading hub of Nizamabad in south India.

The benchmark turmeric futures on the National Commodity & Derivatives Exchange rose 20% during the same period. The contract for May delivery provisionally ended at INR12,058/100 kg Thursday.

"Prices are now getting support from speculative buying, driven by low carryover stocks and firm demand from traders in north India," said Ajeet Kumar, an analyst at SMC Comtrade. "The spot price is likely to be in the range of INR13,500-INR14,000 by May end."

Sowing usually starts in late June or July and the crop is harvested during February-May. Some of the crop was damaged as floods hit parts of the southern states of Andhra Pradesh and Karnataka in early October. Though some farmers sowed turmeric again, harvest in such cases will be delayed.

Output in India, the largest producer and supplier of turmeric, was about 4.2 million bags of 70 kilograms each in the 2008-09 crop year ended June 30, according to traders.

Last month, analysts and traders had said the prices were likely to fall to around INR8,500 by mid-April as they expected turmeric output to reach 5.0 million bags in 2009-10.

Looking at the new crop, the output in the current crop year is likely to be around 4.8 million bags, Kumar said.

Expectations of a pickup in export demand are also likely to support prices, traders said.

Poonam Chand Gupta, a trader in Nizamabad, said overseas demand in the past 15 days was good, but a further price rally will depend on the monsoon. "If the monsoon is weak, then further upside can be expected."

India's meteorological department will release its forecast on the annual monsoon rains Friday.

Meanwhile, farmers and stockists are holding back the commodity on anticipation of a further rise in prices, said Chowda Reddy, a senior analyst at JRG Wealth Management Ltd.

-By Dilipp S Nag, Dow Jones Newswires; +91 22 6145 6104; dilipp.nag@dowjones.com

---------------------------------

Prices at the Futures surged by around 254.95% from the beginning of the year 2009 and touched a high of 13,971 levels on November 17, 2009. Prices at present JAN 1, 2010 are ruling around 7130 levels.

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India turmeric hits contract highs on overseas demand

15 Apr 2010, 1619 hrs IST,REUTERS

http://economictimes.indiatimes.com/markets/commodities/India-turmeric-hits-contract-highs-on-overseas-demand/articleshow/5811470.cms

MUMBAI: India's turmeric futures hit fresh contract highs in the afternoon trade on Thursday on export demand from Dubai and domestic enquiries, analysts said. "Trend is bullish.

Fundamentals are also supportive. Prices may gain further as good orders are placed by the overseas buyers," said an analyst from a Mumbai-based brokerage.

At 2:57 pm, the most active Mayturmeric contract was up 2.30 percent at 12,418 rupees per 100 kg after hitting a contract high of 12,534 rupees per 100 kg. In Nizamabad, a major spot market in Andhra Pradesh, the price gained 96 rupees to 12,189 rupees per 100 kg.

"It is a seasonal demand period. Domestic demand is coming from most parts of the country," said a spot trader from Nizamabad. Turmeric arrivals usually start in mid-January in small quantities and gain momentum from March. The peak season runs till June. Turmeric exports in February 2010 stood at 2,500 tonnes, down 19 percent from a year ago, according to data from the SpicesBoard.

India's jeera futures were lower on estimates of higher output, weak exports and on pressure from the fresh arrivals, analysts said.

"Production may be higher this year as weather was good during the development period of the crop. Demand from the overseas market has not picked up," said a trader from Unjha. At 3:00 pm,the most active May jeera contract was down 0.62 percent to 11,680 rupees per 100 kg. At Unjha, the spot benchmark market in Gujarat, jeera gained 35 rupees to 12,007 rupees per 100 kg. Jeera exports in February 2010 dropped 17 percent to 2,500 tonnes on year, the Spices Board said.

India pepper futures dropped on weak demand in the spot market and poor overseas demand, analysts said. "Demand is weak. It short-term it may take more correction.

It may come down to 15,000 levels (May contract)," said an analyst from a Kochi based brokerage. At 3:00 p.m., the most active May pepper contract was down 0.65 percent to 15,420 rupees per 100 kg. Spot pepper dipped 41 rupees to 15,226 rupees per 100 kg in Kochi, a major trading hub in Kerala.

Pepper exports in February 2010 fell 3.22 percent to 1,500 tonnes on year, the Spices Board said on Thursday.

--------------------------------

MARCH 25, 2010

http://economictimes.indiatimes.com/markets/commodities/India-turmeric-drops-on-profit-booking-pepper-up/articleshow/5723471.cms

MUMBAI: India's turmeric futures traded weak on Thursday afternoon on profit-booking driven by rising arrivals at the major trading centres, analysts said. "Arrivals have increased in the physical market as farmers are getting remunerative prices," said an analyst from Kotak Commodities Services Ltd.

At 3:10 pm, the benchmark April turmeric was down 0.50 percent at 10,850 rupees per 100 kg.

-In Nizamabad, a major spot market in Andhra Pradesh, the price dropped 296 rupees to 11,342 rupees per 100 kg. Turmeric arrivals usually start in mid-January in small quantities and gain momentum from March. The peak season runs till June.

Turmeric exports in January 2010 stood at 3,250 tonnes, down 22.61 percent from a year ago, according to data from the Spices Board.

In Nizamabad, a major spot market in Andhra Pradesh, the price dropped 296 rupees to 11,342 rupees per 100 kg

------------------------------

March 4 , 2010

http://in.reuters.com/article/domesticNews/idINSGE6230JW20100304

India turmeric futures up; likely to open lower

MUMBAI, March 4 (Reuters) - India's turmeric futures ended up on Thursday on fresh buying interest as future prices were below spot rates, however they are expected to open down on Friday on rising arrivals and weak demand, analysts said.

"The uptrend is unlikely to continue in the coming session due to expectations of increase in fresh supply," said Chowda Reddy, an analyst with JRG Wealth Management.

Losses, however, will be capped by low carryover stocks and buying to ensure parity between spot and futures prices.

Turmeric exports in January 2010 stood at 3,250 tonnes, down 22.61 percent from a year ago, the Spices Board said. Arrivals usually start in mid-January in small quantities, gain momentum from March and continues through June.

In Nizamabad, a major spot market in Andhra Pradesh, the price ended at 8,558.9 rupees, down over 21 rupees.

----------------------

T urmeric slips on low offtake, fresh arrivals

Sun, February 07, 2010

After moving 177 per cent northwards last year, the prices of tur meric dipped more than 6 per cent year-to-date. Primarily, the spice is used in the kitchen and in industries for flavouring food items, dyeing, cosmetics and medicines.

Normally, the usage of turmeric in domestic markets is in the range of 2.50 to 2.60 lakh bags per month (one bag = 70 kg). Export figures of this yellow spice accounts for over 6 to 7 lakh bags on an annual basis, while the rest is used for re-sowing and carry-forwarding. Since the past couple of days, turmeric prices traded sideways to an up manner. At present, prices are witnessing some softness due to lower offtake and improved arrivals. Prices at the major spot markets traded in range of Rs.10,200 to Rs.11,000 per quintal. Spot prices for the short term (15-20 days) may not witness a sharp fall due to the lower availability of turmeric until fresh arrivals come in good quantity.

New crop arrivals have started at Nizamabad-Erode mandi at around 1,000-1,500 bags daily, while Sangli has also seen around 300-500 bags per day. Ajitesh Mullick, head of agri-research at Religare, said, “The price of turmeric will be corrected more in the coming months as fresh arrivals have started to enter the market. The arrivals are likely to gain momentum in the coming weeks. This can pressurise prices in the short term.” It is expected that the production figures of turmeric will improve this year because the farmers can switch to this crop because the return from turmeric was impressive last year. According to traders’ estimates, turmeric production in India for the crop year 2010 will remain in between 46-50 lakh bags, against 37-38 lakh bags last year. However, opening stock is estimated to be lower for the 2010 new season at around 3 lakh bags, against 9 lakh bags at the opening season in 2009.

As per the latest reports from the Spice Board of India, Indian exports of turmeric fell to 40,000 tons during April-December 2009 from 41,425 tons in the same period in the previous year. However as per estimates, India’s export as well domestic demand for turmeric remains between 52-53 lakh bags for 2010. So if one would add around 3 lakh bags as opening stock with 48-50 lakh bags as production, then also it will be tight situation for the rest 2010 year. We might open with very negligible stock for the next season that begins in 2011.

“For the short term, with increase in arrivals, prices might remain under pressure for some time but again this would depend on how sharply arrivals increase. If in peak season also, arrivals fail to increase sharply, then despite the arrivals season, we might see a sharp jump in prices” said Vibhu Ratandhara, assistant vice-president at Bonanza Commodity Broker. “Secondly, it also depends on stockist activity and export demand. If good export demand is seen, then stockists will be active during the peak arrivals season to corner quality crop for future exports, which will provide support to prices” Ratandhara added.

However, the long-term scenario might remain firm due to strong fundamentals such as mismatch in production and consumption figures. On Friday, turmeric spot prices at NCDEX was traded at Rs.1,0149.05 per quintal, down 1 per cent from its previous close.

Source: MyDigitalFC.

---------------

Courtesy: Angel Commodities

Turmeric outperforms in 2009, price surge to 13,971

date: 29 December 2009

Turmeric – Out performer in 2009 due to a drastic fall in production Turmeric prices at the spot markets witnessed a spectacular rally in 2009 due to lower production.

Prices at the Futures surged by around 254.95% from the beginning of the year and touched a high of 13,971 levels on November 17, 2009. Prices at present are ruling around 7130 levels.

Production of turmeric witnessed a decline in the year 2008-2009 due to erratic rainfall in the turmeric growing areas. The production of turmeric which in the beginning of the year was projected at 45 lakh bags later got revised to 41-42 lakh bags.

As a result, during the peak arrivals (April), arrivals dropped by 23 percent to 11,753 tonnes in April as compared to 15320 tonnes in the same period previous year. Further, in the months of May and June, monsoon which seemed to enter India timely played its tune during its advancement to the interior parts of the country.

This added fuel to the prices and farmers started hoarding their stocks anticipating a fall in the production of turmeric in 2009-2010. But, totally different scenario is budding in the beginning of the year 2009-2010.

Outlook for 2010: Turmeric production for the year 2009-2010 is expected to rise due to rains in the months of October and November 2009.

This provided support to the turmeric crop sown. Production of turmeric is projected at 53 lakh bags as compared to 42 lakh bags. Carryover stocks of turmeric till the end of December 2009 is expected to be 2 lakh bags as compared to 12 lakh bags in the same period previous year.

Thus, the supplies of turmeric are going to be almost same as that of previous year. Prices in the short term (till January 2010) may be determined by the demand from the domestic market and clear crop estimates of turmeric.

In the medium to long term (February onwards) prices may be determined by the fresh arrivals in the domestic mandis and demand from the overseas and domestic market. Prices at the futures are trading in rangebound manner since a couple of weeks.

Prices may find strong support around 6605 levels and resistance may be seen at 7800 levels.

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Turmeric outperforms in 2009

High turmeric prices encourage farmers to shift from chilli, maize

India Turmeric Prices May Rise Further - Traders, Analysts

India turmeric hits contract highs on overseas demand

India turmeric futures up; likely to open lower

T urmeric slips on low offtake, fresh arrivals

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