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Thursday, April 08, 2004

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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES
MCX completes 100 days of live trading
MULTI Commodity Exchange of India Ltd (MCX), Mumbai has completed 100 days of live trading, according to an exchange release. MCX, a commodity futures exchange with a mandate from the Government had started live commodities futures trading on ... More

Peninsular plans commodity futures trading
PENINSULAR Capital Services, with nine years of service in the securities market, has decided to enter the commodity futures market, according to an official release here. The Kochi-based group has formed Peninsular Multi-Comex Services Ltd ... More

RUBBER
Rubber prices remain flat
THE spot rubber market remained unchanged on Wednesday. The thin activities failed to induce any change in prices as most of the players kept off. The market might be active only after the series of holidays ahead, dealers said. RSS 4 closed ... More

TEA
Drought hits tea production in South
AN assessment made by the United Planters Association of Southern India (UPASI) has revealed that the Jan-April 2004 crop will be lower by 10.5 million kg (mkg), a 16.8 per cent drop in comparison with the corresponding period last year. "This ... More

BIO-TECH & GENETICS
Call for consensus on GM crops in Asia
THE Government on Wednesday said there was need for consensus and cooperation among Asian nations to address issues related to genetically-modified (GM) crops. Inaugurating an RIS seminar on `Biotechnology for Asian development', the Planning ... More

OILSEEDS & EDIBLE OIL
SOPA team to visit Pak to boost meal trade
A 10-member delegation of the Soyabean Processors Association of India (SOPA) will visit Pakistan to accelerate growth of soyameal trade between both the nations. The team, comprising representatives of major domestic soya processing and ... More

SPICES & CONDIMENTS
Pepper prices decline on selling pressure
PEPPER prices both spot and futures started declining on selling pressure following summer showers in the growing areas coupled with apprehension of dumping of domestic market with imported pepper. The spot prices on Wednesday were MG 1 Rs ... More

STANDARDS & BENCHMARKS
Plant Quarantine Order lays stress on phyto-sanitary certificate
THE Plant Quarantine Order, which also covers wood packaging materials used in international trade, has caught importers, exporters and customs house agents on the wrong foot. The order, which was to be implemented on April 1, has been postponed ... More




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