The Hindu Business Line : Saturday, February 04, 2006

Crude futures witness limited corporate response
IN view of the de facto administered pricing system in petrol and diesel, both Commodity Exchange (MCX) and National Commodity and Derivatives Exchange (NCDEX) crude futures markets are seeing a limited response from the corporate sector. The ... More

FMC gets tough with NCDEX on norms violation — Seeks action against official responsible for settlement price change of urad, chana
THE Forward Markets Commission (FMC) has directed National Commodity & Derivatives Exchange Ltd (NCDEX) to relieve a top official from his duties immediately for recent violation of FMC norms. FMC has taken this action following its inquiry ... More

AQUACULTURE

West Bengal spots areas to breed ornamental fish
WEST Bengal has identified Howrah, North 24 - Parganas and Dinajpur for farming of ornamental fish. The State tops in ornamental fish exports. Addressing the India International Seafood Show - 2006 organised jointly by the Marine ... More

Q3 marine products export growth suffers
EXPORTS of marine food products have touched $1 billion in April-December 2005, posting a marginal rise of three per cent. Mr Mohan Kumar, Chairman of Marine Products Export Development Authority (MPEDA) told newspersons at the Bengal ... More

RUBBER

Growth in natural rubber consumption may slow down on price spurt: IRSG
THE International Rubber Study Group (IRSG), a London-based think-tank on global rubber sector, has projected a slower rate of growth in consumption of natural rubber (NR) in the next two years due to higher prices. "The recent higher price of ... More

Rubber for May delivery tops Rs 90
SPOT rubber posted superb gains as international markets continued to act as major catalysts on Friday. The prices moved up as the gap between the demand and supply positions widened since covering groups and purchase agents were willing to ... More

SUGAR

Triveni Engg to set up mills in UP
NEW DELHI: Triveni Engineering and Industries will set up two new sugar factories in Uttar Pradesh with a cane crushing capacity of 5,000 tonnes a day each. The new factories would come up at Chandanpur, J.P. Nagar District and Rani ... More

COTTON

World cotton prices firming up
GLOBAL cotton prices are slowly but surely firming up. After averaging 56 cents a pound since August 2005, Cotlook A-Index rose to 58 cents in January. Experts believe that there is more upside left in the international market in the coming ... More

OILSEEDS & EDIBLE OIL

Soyameal exports may top 22 lakh t by March-end
SOYAMEAL exports from the country could touch 22 lakh tonnes (lt) by March-end, even as enquiries are coming in for delivery in April. Between October and December, at least 10 lt soyameal have been shipped. Last month, nearly 4.75 lt was ... More

COFFEE

Vanilla coffee launched
KOCHI: Vanilla India Producer Company Ltd (Vanilco), a unit of vanilla farmers in the State, has launched vanilla coffee in the Kerala market. As natural vanilla is abundantly available in the State, it could produce the vanilla coffee ... More

SPICES & CONDIMENTS

Marginal rise in cardamom prices
CARDAMOM prices moved up slightly at auctions held in Kerala and Tamil Nadu this week on buying support. Export buying was totally negligible. However, local dealers and north Indian buyers were active. Meanwhile, the arrivals have started ... More

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Soyameal exports may top 22 lakh t by March-end

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In Focus

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IPO Scams

FDI in retail sector