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Tuesday, May 24, 2005

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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES


NCDEX sets record in physical deliveries
THE National Commodities and Derivatives Exchange (NCDEX) has set a record in physical deliveries of major commodities for May contracts. The deliveries touched 44,909 tonnes against 28,301 tonnes in April. Major commodities in which ... More

WHEAT


Allow duty-free wheat import, TN flour mills
WORRIED over rising wheat prices, roller flour mills in Tamil Nadu have urged the Union Agriculture and Food Minister, Mr Sharad Pawar, to allow duty-free import of wheat. In a letter to Mr Pawar, the Tamil Nadu Roller Flour Mills Association ... More

HORTICULTURE/FRUITS & VEGETABLES


Horticulture mission a booster dose for R&D
The effort is also to address post-harvest management and marketing by fostering infrastructure facilities for cold chains, market yards and market intelligence and value addition. More

RUBBER


Mixed trend in rubber prices
THE domestic rubber prices showed a mixed trend on Monday. Sheet rubber recovered to Rs 64.50 on bargain hunting at lower levels after closing weak at Rs 64 a kg on Saturday. Ungraded rubber lost 50 paise on dull demand while the other grades ... More

TEA


A `designer' tag that fails to command a premium
GENERALLY, `designer' wear command a premium, but it is not so with the tea industry. For the broking community, teas with a `designer' tag signify `spurious' or poor quality tea. The so-called designer teas being traded at the Coonoor and ... More

Tea import bill soars 133 pc
COONOOR: Tea import bill in the 11 months of 2004-05 rose 133 per cent over the same period previous fiscal owing to more than threefold increase in the volume. According to the information available with the Tea Board, till February, ... More

Upasi holds demo on tea futures
A WORKSHOP and live demonstration on futures trading in tea was held here on Monday by Upasi Commodity Exchange Ltd (UCEL) and Multi-Commodity Exchange of India Ltd (MCX) for the tea trade. UCEL had aligned with MCX for conducting futures ... More

Tea prices drop at Coonoor auctions
HUGE offer, sluggish demand, sharp price decline and heavy withdrawals marked the tea auctions conducted by the Coonoor Tea Trade Association this week end. Prices of many teas dropped to new lows. Demand was far low for the huge volume of ... More

COCONUT & COPRA


Coconut board draws up promotion plans
THE Coconut Development Board, as part of its silver jubilee celebrations, has chalked out various programmes including a four-day coconut festival, an exhibition, quiz competitions and seminars from May 27. More than 60 manufacturers of ... More

SPICES & CONDIMENTS


Spices Board to launch `Flavourit' in US soon
12 spices to be introduced in San Francisco, intermediary identified. More

AGRICULTURAL POLICY


Kerala plans IT-enabled farm initiative
THE State Government has drawn up an IT-enabled project to address the gap in agriculture information flow and transaction management. The project - market-driven agricultural initiative through IT-enabled agri business centres - is ... More


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May. 15-May. 21
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