AGRI-BIZ & COMMODITIES
COMMODITY EXCHANGES
FMC plans uniform working system for commodity bourses
THE Forward Market Commission (FMC), the regulatory body for the commodities exchanges, is expected to draw up a set of directives for the smooth and uniform functioning of all the three major national commodity exchanges of the country — ...
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CULTIVATION
`Poor irrigation facilities affecting farm sector'
SEVERAL major flaws in Maharashtra's policy and practices have acted as a drag on Maharashtra's agricultural growth, which is below several States and also the national average, according to a study by the Gokhale Institute of Politics and ...
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HORTICULTURE/FRUITS & VEGETABLES
Cheap 'N' Juicy
Tomato being piled up at a market in suburban Kochi. A bumper crop has pushed the prices of tomato down to Rs 5 to 7 per kg. Favourable weather conditions in the growing areas in Tamil Nadu have led to a good crop and it is being brought to ...
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RUBBER
Spot rubber up on purchases
SPOT rubber prices recovered as covering groups and purchase agents turned buyers once again. RSS 4 improved to Rs 50.50 from Rs 50.25 a kg on moderate enquires. Exporters were also active as the difference between the domestic and ...
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Rubber plantation strike called off
TRADE unions have called off the 10-day-old strike in the rubber plantation sector in the State after an agreement on productivity-linked interim advance payments, among others, was reached in discussions with the Labour Minister, Mr Babu ...
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TECHNICAL ANALYSIS
Gold may test resistance levels
GOLD prices firmed up during the close due to the influence of higher oil prices. More data is expected on the US economy in the coming month. Going forward from here, markets will closely watch the economic data for sluggishness to continue ...
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OILSEEDS & EDIBLE OIL
Fall in groundnut oil prices dampens export optimism
AS the time for harvest of kharif oilseed crops approaches, a question bigger than the size of the groundnut crop that is engaging the attention of the players is whether groundnut oil exports would be feasible. There is optimism that exports ...
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CASHEW
Cashew export body seeks aid for activities abroad
THE Cashew Export Promotion Council of India (CEPC) has sought financial assistance from the Centre for promotional activities abroad to boost the exports of cashew kernels. On the basis of the market surveys conducted by the Tata Consultancy ...
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SPICES & CONDIMENTS
Cardamom slide continues
THE downward trend continued in cardamom prices in auction sales in Tamil Nadu and Kerala during the week ended Thursday. The average price has declined to Rs 334.83 a kg during the current season from Rs 402.88 a kg last season. Up to ...
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Higher quotes hit guar gum powder exports — Processors blame futures exchanges for high prices
EXPORTS of guar gum powder have slowed down on sharp fall in guar (Cyanmopsis tetragonolobus) production that has been hit by poor rainfall. With the production fall leading to rise in guar seed prices, the processing industries are ...
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