Financial Daily from THE HINDU group of publications
Thursday, August 28, 2003
Agri Prices (Aug. 27)
Sugar S301336 (1325)
Palm oil358 (358)
Ground ready480 (480)
Coconut oil ready6075 (6075)
Pepper garbled ready7400 (7300)

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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES


Industry status mooted for commodity futures
The RBI has pointed out that internationally, futures trading is allowed in a range of commodities and even in a number of non-commodities such as weather indices and pollution permits. More

NMCE plans futures trading in bullion
THE National Multi-Commodity Exchange of India (NMCE) plans to introduce futures trading in bullion to add to its existing 47 commodities. "We propose to start with three months contracts in both gold and silver, with minimum contract delivery ... More

CULTIVATION


`Organic farming can raise growers income'
EVOLVING a comprehensive policy for promoting organic farming in the country could improve the income of farmers apart from reversing ecological degradation and ensuring food security. Organic agriculture offers the most "comprehensive ... More

COMMODITIES


PSF panel to hold review meet today
THE high-level committee on price stabilisation fund (PSF) scheme will hold its meeting here on Thursday to take stock of the progress made in the implementation of the Rs 500-crore commodity stabilisation fund. Official sources told ... More

RUBBER


Buying props up rubber prices
AFTER two days distress selling, rubber rates showed signs of recovery on Wednesday. The world market at Bangkok closed 22 paise higher at Rs 48.56 against Rs 48.34 per kg for RSS 3. The re-entry of the covering group to fulfil their ... More

TEA


Leaf tea makers, co-ops fix floor price for tea
IN a bid to arrest falling prices, bought leaf factory producers and the co-operative sector have come together to fix a minimum floor price for various categories of teas. Mr T. Udhaychandren, Managing Director, Indcoserve, told Business ... More

DAIRY & DAIRY PRODUCTS


Mother Dairy to buy 1,000 tonnes Amul milk powder
MOTHER Dairy has placed an order for 1,000 tonnes of skimmed milk powder (SMP) with the Gujarat Co-operative Milk Marketing Federation (GCMMF) on Wednesday. The consignment is to be supplied `immediately'. Mother Dairy will also decide over the ... More

WTO


India for different system of tariff cuts in farm sector
IN the run-up to the Fifth Ministerial of the World Trade Organisation (WTO) in Cancun early next month, India has fired its first salvo by pleading for a different structure of tariff reduction for developing countries in the agricultural sector ... More
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Industry status mooted for commodity futures

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Looking back
Aug. 17-Aug. 23
Agricultural growth to spur edible oil demand

Record kharif coverage in soya, pulses, maize

Gold firmness may continue

Cashew exports decline by over Rs 50 cr in Q1

India, 13 more countries table farm proposal in Geneva

Nilgiris tea brokers decide to defer demand for contingency deposit

ITA sees output up a tad; exports, imports projected to dip

Bangla buys sugar from UP, Haryana mills


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