AGRI-BIZ & COMMODITIES
COMMODITY EXCHANGES
NMCE sees delivery for rubber futures at 1,700 t
THE National Multi-Commodity Exchange of India (NMCE) is expected to facilitate rubber delivery of about 1,700 tonnes during the current financial year 2003-04, exchange sources said. The exchange on Monday completed its one-year operation of ...
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ANIMALS & LIVESTOCK
Australia to set up more hubs in Gulf for sheep meat exports
TURNING wiser after its live sheep exports to Saudi Arabia ran into problems, Australia plans to promote exports of sheep meat. It also plans to set up hubs for exporting the meat, according to Mr Warren Trust, Minister for Agriculture, Fisheries ...
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CULTIVATION
Plastro Plasson tie-up with Punjab co for drip irrigation
PLASTRO Plasson Industries (India) Ltd (PPIIL), a Finolex group joint venture with Israel's Plastro Plasson, has entered into a five-year tie-up with Punjab Agriculture Food Parks Ltd (PAFPL) to strengthen supplies and installation of drip ...
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RUBBER
Rubber declines on negative global trend
RUBBER rates declined on Tuesday, with traders selling rubber following negative reports from world markets. All the grades, except latex and ungraded rubber, lost in the absence of quantum buyers even though supply was low. Transactions were ...
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FOODGRAINS
Bengal heading towards self-sufficiency in grains
WEST Bengal is close to achieving self-sufficiency in its foodgrains requirement with an estimated production of 162 lakh tonnes in the current year. With this level of production, the State is expected to meet nearly 98 per cent of its own ...
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COIR
Move to modernise Kerala's coir sector
SPICES & CONDIMENTS
Pepper prices gain on short supply
PEPPER prices moved up on short supply and good demand in the domestic and international market. Spot was up by Rs 400 a quintal on Tuesday compared to last Saturday. MG 1 was sold at Rs 7,700 a quintal and un-garbled at Rs 7,400, compared to ...
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Chilli trade in Guntur comes to standstill
TRANSACTIONS were halted at the chilli marketyard in Guntur, the biggest in the State, on Tuesday over a dispute between farmers and the buyers about the wages to be paid to the hamalis (workers) handling the chilli bags. Earlier, it was ...
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WTO
Get WTO back on talking terms
After the Cancun Ministerial, the WTO negotiations appear to have come to a halt, with most players pre-occupied with issues at home. But there is little doubt that, sooner rather than later, the world community will need to sit down and evolve a mul tilateral system of world trade that will be free, equal and viable. The basic principles of the GATT/WTO system are unimpeachably sound, says Sharad Joshi.
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`Farm export subsidies must be on per unit basis in WTO'
THE Federation of Indian Chambers of Commerce and Industry (FICCI) has emphasised the need for limiting export subsidies on agriculture products on a per unit basis in WTO, besides commitment in value and volume terms. Under the existing ...
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E-COMMERCE & E-BUSINESS
AP to set up e-choupals for chillies, turmeric
THE Andhra Pradesh Government, in association with ITC Ltd, will be establishing e-choupals for chillies and turmeric in the State as a public-private partnership initiative. According to the State Secretary for Agriculture, Mr N. Ramesh Kumar, ...
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