The Hindu Business Line : Thursday, May 25, 2006

COMMODITY EXCHANGES
Spurt in physical delivery on NMCE
An upward trend was witnessed in the physical delivery of almost all commodities for the May contract on the National Multi-Commodity Exchange of India. The NMCE also facilitated the first physical delivery of copra, which is seen as a positive ... More

FARM CREDIT
SBBJ agri credit rises 28.4 pc
State Bank of Bikaner and Jaipur (SBBJ) has registered 28.4 per cent increase in agricultural credit to Rs 2,848 crore in 2005-06. Agriculture credit as a percentage of net bank credit (NBC) at 18.04 per cent was above 18 per cent prescribed by ... More

AWARDS & HONOURS
Award for SIMA body
The SIMA cotton development and research association (SIMA-CDRA) has been awarded for its achievement in quality cotton-seed production and distribution by two of the Tamil Nadu-based public bodies this month. The Association was ... More

RUBBER
Rubber output may go up as rain-guarding rises
Record prices encourage growers to invest more on increasing production More

Pala Society plans expansion
Pala Marketing Co-operative Society, engaged in rubber trade, plans to invest Rs 15 crore over the next two years in expanding its block rubber factory and setting up an inter-mix unit. Pala Marketing has chalked out this major ... More

Spot rubber zooms to new high
The domestic rubber prices explored glittering highs on Wednesday. Covering groups lifted the market to challenging levels driven by yet another sharp upsurge in the overseas indices. Certain tyre majors offered Rs 100 a kg for sheet ... More

FINANCIAL PERFORMANCE
Himatsingka net up 7 pc in 2005-06
To pay 25 pc final More

METALS
Metals remain volatile
Base metals were quite volatile in international markets with prices of some of the commodities plunging to new lows. "The market is so volatile that it is very difficult to understand the trends," said Mr Rohit Shah, President, Bombay Metal ... More

SILK
Provisional anti-dumping duty on silk fabrics from China
Reference price fixed at $2.09-$6.15 per metre More

JUTE
EIJHE to restart raw jute futures
The Forwards Market Commission (FMC) has permitted the East India Jute and Hessian Exchange Ltd (EIJHE), the oldest commodity exchange in the country, to restart raw jute futures. The FMC permission came despite an order from the Jute ... More

SPICES & CONDIMENTS
Dip in pepper futures continues
Declining trend continued on Wednesday in the pepper futures market on weak buying support. Overseas demand is absent despite the Indian parity remaining at an attractive level following the weakening of the Indian rupee against the dollar. ... More

INTERVIEW
`Bullish commodity market story not changed'
Mr Michael Coleman of Aisling Analytics feels that the fundamental driver of the bullish commodity market story has been global demand growth and GDP growth particularly in Asia, which has not changed even now. He adds that as a theme, people ... More