Financial Daily from THE HINDU group of publications
Thursday, May 18, 2006
Agri Prices (May 17)
Sugar S301930 (1923)
Ground ready465 (465)
Coconut oil ready4700 (4800)
Pepper garbled ready7050 (7050)


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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES


NCDEX alters urad, lemon tur contracts
National Commodity and Derivatives Exchange Ltd (NCDEX) has modified the currently running contracts for urad and lemon tur. The modification would be applicable to contracts expiring June 2006, July 2006, August 2006 and September 2006 in case ... More

Altos unveils discount model for online futures trading
Derivates and commodity broking firm Altos Advisory Services has launched a flat fee-based discount brokerage model for online futures trading of commodities on three exchanges — National Multi Commodity Exchange (NMCEX), Multi Commodity ... More

WHEAT


Wheat tender to open today
STC announces further relaxation in quality testing norms More

RUBBER


Spot rubber recovers
Spot rubber bounced back on Wednesday. A sharp turnaround in international futures and smart gains in Bangkok spot combined to set the trend of the day amidst low trading volumes. Sheet rubber improved to Rs 96 and Rs 95.50 a kg respectively at ... More

SUGAR


Rana Sugars' GDR issue lists on Dubai exchange today
Rana Sugars Ltd, a North India-based sugar refiner, will on Thursday become the second Indian company to list on the Dubai International Financial Exchange (DIFX). Rana Sugars is listing GDRs following an $18-million capital-raising exercise. ... More

Bajaj Hindusthan unit in Brazil
Bajaj Hindusthan Ltd has informed BSE that it has initiated the process of setting up a subsidiary in Brazil. The board of directors has approved the setting up this subsidiary. Shares of the company ended higher by Rs 18.05 at ... More

FOODGRAINS


Now, Pakistan buying Indian chana
REVERSAL OF TREND More

COTTON


CII asks AP to boost cotton processing infrastructure
Pegs compounded annual growth rate of crop at 7 pc More

CII for continuing pressure on Monsanto
The Confederation of Indian Industry (CII) has asked the Andhra Pradesh Government to continue its pressure on Monsanto for further reduction in cottonseed prices. The State Government had got a favourable order from the Monopolies and ... More

OILSEEDS & EDIBLE OIL


Edible oils stay steady
All major edible oils remained steady with limited volume. Castor oil commercial grade was up a rupee at Rs 326 per 10 kg. RBD palmolein was steady at Rs 394 per 10 kg. Groundnut oil raw was steady at Rs 465 per 10 kg. Soya oil refined ... More

SPICES & CONDIMENTS


Pepper futures rule steady on short supply
No sales reported at the auction More

Yellow power
RISING EXPORTS: Turmeric being weighed and packed in a gunny bag at a wholesale outlet in Kochi. The shipments have increased to 42,500 tonnes valued at Rs 139.27 crore from 38,847 tonnes worth Rs 142.95 crore in the same period last fiscal. ... More

TRADE & LABOUR UNIONS


Issues of concern
FARMERS AT A demonstration highlighting the indebtedness of Punjab farmers, unemployment, water and power crisis at Parliament Street in the Capital on Wednesday. ... More

EVENTS


Govt may revisit food parks concept
The Government is considering to revisit the concept of food parks to decentralise their working and also to de-link wines and beer from alcoholic drinks under the excise law to give a fillip to fruit-based drink projects near production centres, ... More

FMC to address urad futures contract issues
`Transparency will make futures trade beneficial to farmers' More


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