The Hindu Business Line : Wednesday, May 24, 2006

COMMODITY EXCHANGES
MCX imposes special, additional margins
MCX said it has imposed special margins and additional special margins on commodity contracts. "This is basically, a proactive measure taken by MCX to reduce volatility in commodities,'' MCX said in a news release. MCX has imposed additional ... More

INSIGHT
METHYL BROMIDE
Why India insists on fumigation with the banned chemical
The Plant Quarantine (Regulation of Import into India) Order, 2003 has a stipulation that all imports of agricultural produce be fumigated with methyl bromide. However, the global trade, specially the developed nations, is agitated over this ... More

RUBBER
Renewed buying buoys spot rubber
Sheet rubber RSS 4 improved to Rs 100.50 a kg from Rs 100 a kg at Kottayam and Kochi on renewed buying. Bullish international markets catalysed the day's mood, while the covering groups and purchase agents offered enhanced quotations to attract ... More

TEA
Global tea output dip fails to ignite Indian prices
But Kenyan rates show rise of about 25 per cent More

Chest lifters' stir hits tea trade
Teas from Nilgiris meant for the Coonoor Tea Trade Association's (CTTA) auctions are now being transported to Coimbatore warehouses to prevent the blockade in the movement to upcountry markets and the shipyards following the strike by tea chest ... More

Tea e-auctions: NSE.IT report on software soon
Revokes implementation partners' bank guarantee More

ALUMINIUM
Hindalco in pact with MP Govt for greenfield aluminium smelter
Hindalco Industries Ltd has announced that it has entered into an MoU with the Madhya Pradesh Government for its 3.25 lakh tonne greenfield aluminium smelter. The company had earlier announced that it is setting up an aluminium smelter in ... More

BIO-TECH & GENETICS
Talks on Bt cotton pricing mooted
With the kharif season fast approaching, Mr N. Raghuveera Reddy, Andhra Pradesh Minister for Agriculture, has asked the officials of the Ministry to talk to Bt cotton seed companies on the pricing issue. The Minister, who is on a ... More

COFFEE
Life line
STILL FIRM: A worker grading raw arecanuts near Kochi. Arecanut, mainly used as masticators, contains various bio-chemical constituents such as polyphenols, fat polysaccharides, fibre and protein. Arecanut forms the backbone and sole means of ... More

Alive coffee launched in Kerala
Fresh and Honest Café Ltd has launched Alive coffee in the Kerala market. Alive is available in 50, 100, 200 and 500 g retail packs. The product has already been launched in Tamil Nadu and Karnataka and will soon be launched ... More

SPICES & CONDIMENTS
Pepper futures market steady
The pepper futures market was steady with slight improvement on Tuesday, thanks to some buying interest from the local arms of MNCs. Besides, there was no selling pressure. The Indian price is also on par with of other origins. Hence, there ... More

EVENTS
India loses bid to host Treenut meet
India has lost the bid to host the World Treenut Convention (WTC) in 2008. The Spain-based International Nut Council (INC), the organiser of the event, has awarded it to Chile. A decision in this regard was taken at the Montreal convention on May ... More

TRENDS
Pilot project on farm tourism under way
Agri Tourism Corp eyes 12,000 visitors in first year More