AGRI-BIZ & COMMODITIES
COMMODITY EXCHANGES
IFFCO picks up 12 per cent stake in NCDEX
INDIAN Farmers Fertilizers Cooperative Ltd (IFFCO) has taken a 12 per cent equity stake in National Commodity Derivatives Exchange Ltd (NCDEX). IFFCO, the leading co-operative institution, has strong presence in the agricultural sector and is ...
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CULTIVATION
A boon for standing crops — Experts allay fears over cloudburst
THE ongoing spell of rain triggered by the low pressure area that has been active in the southern peninsular region is largely expected to be beneficial for standing crops in Kerala. Allaying fears over rains falling in their torrents at ...
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HORTICULTURE/FRUITS & VEGETABLES
India seen among top 5 buyers of California prunes
THE US sees India as figuring among the top five markets in the world for Californian prunes over the next 4-5 years. The President of the California Prune Board (CPB), Mr Rich Peterson, told presspersons here on Tuesday that India last year ...
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RUBBER
Mixed trend in rubber continues
THE physical rubber market continued to exhibit a mixed trend on Tuesday. Moderate buying from the covering groups strengthened the sheet rubber prices further amidst low arrivals. RSS 5 and ISNR 20 remained steady while latex and ungraded ...
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TEA
Tea prices up on demand at Coonoor sale
DESPITE an increase in the volume of tea offered at the Coonoor tea auctions, the prices looked up on demand from both upcountry buyers and exporters. The increase in the volume offered for sale at the sales conducted by the Coonoor Tea Trade ...
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COTTON
Cotton prices may fall next season
NOTWITHSTANDING a lower opening stock for the next season, record high production, consumption trailing output and lower imports by China are expected to combine during 2004-05 to cause a reduction in global cotton prices. The Cotlook-A Index ...
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TOBACCO
Tobacco Board decision on Karnataka crop today — Growers plan stir against low prices
TOBACCO farmers, especially those from southern black soils (Prakasam district), are planning to stage a demonstration in front of the Tobacco Board office here on Wednesday in protest against the low prices prevailing on the floors. The ...
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