AGRI-BIZ & COMMODITIES
COMMODITY EXCHANGES
`NMCE not keen '
THE National Multi-commodity Exchange (NMCE) appears to be reluctant to accede to the Spices Board's request to suspend temporarily the futures trading in cardamom on the ground that the prices quoted in the futures were far below the auction ...
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HORTICULTURE/FRUITS & VEGETABLES
Ministry bid to boost horticulture production
THE Minister for Agriculture, Consumer Affairs, Food and Public Distribution, Mr Sharad Pawar, said that the newly launched National Horticulture Mission (NHM) was to enhance the production of horticulture products to 300 million tonnes by ...
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RUBBER
Rubber rates steady
THE domestic spot rubber rates remained unchanged on Tuesday. The buyers were not interested to enlarge their commitments in a falling market. The announcement regarding export subsidy has not helped the market to improve; on the other hand ...
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Subsidy outlay for rubber exports in 10th Plan hiked by Rs 27 cr
THE Centre has stepped up the subsidy outlay for the export of natural rubber by Rs 27 crore for the remaining period of the 10th Five-Year Plan from Rs 36.5 crore to Rs 63.77 crore, a Commerce Ministry official said. The subsidy outlay was ...
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`Rubber being smuggled out'
THIRUVANANTHAPURAM: Rubber is being smuggled in large quantities from Kerala to Tamil Nadu and Karnataka, according Mr G. Sugunan, Chairman of the Kerala State Cooperative Marketing Societies Association. This, according to him, has ...
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TEA
Low attendance hits Coonoor tea sales
BUYERS did not show interest during the second sale under the electronic auctions at Coonoor. Many teas went unsold. "There was low attendance of the buyers. Their participation in the bidding was weak. Bids received were far below the last ...
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Pact on Pathur tea estates
THIRUVANANTHAPURAM: Conciliatory talks held between plantation management and trade union leaders in the presence of the Industries Minister and the Labour Commissioner have reached an agreement on opening the Pathur Tea Estates in Wayanad ...
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SILK
More area under mulberry in Tiruchi
THE area under mulberry cultivation is to be increased as part of promotion of sericulture in the Tiruchi region. According to the District Collector, Mt V. Pandian, a special subsidy-based `catalytic development programme' is to be implemented ...
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OILSEEDS & EDIBLE OIL
Australian firm to launch chilli drying oil
VICTORIAN Chemical Co (VCC) of Australia, a manufacturer of agricultural oleo chemicals, is launching Victoria Drying Oil (VDO) in Andhra Pradesh next month and subsequently in Karnataka. The company claims that VDO reduces the natural drying ...
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CASHEW
Study highlights scope for raising cashew production
A STUDY of the cashew industry by the WTO (World Trade Organisation) Cell of the Kerala Agricultural Department emphasises that there is ample potential for India, particularly Kerala, to increase area of cultivation and production of nuts to ...
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SPICES & CONDIMENTS
Suspend cardamom futures: Spices Board
THE Spices Board has requested the National Multi Commodity Exchange (NMCE) to suspend futures trading in cardamom, according to the Cardamom Growers' Association, Vandanmedu, Idukki district. The association represents about 1,800 cardamom ...
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