The Hindu Business Line : Thursday, June 29, 2006

NCDEX set to launch onion, potato futures
The National Commodity and Derivatives Exchange Ltd is all set to launch futures trading in onion and potato from July 7 The exchange will commence three contracts of onion simultaneously ( August, September and October ). Similarly, the ... More

WHEAT
Wheat import deal finalised
At average rate of $198 a tonne More

Wheat import duty pegged at 5 per cent
The Government on Wednesday notified a concessional duty of five per cent on wheat imports by private parties. This new rate, to be effective from June 28, will be valid till December 31, 2006, a Finance Ministry release said. Till now, wheat ... More

NCDEX, MCX cut limits on wheat contracts
National Commodity & Derivatives Exchange (NCDEX) and Multi-Commodity Exchange (MCX) have reduced the position limits on all running contracts of wheat by 50 per cent from 80,000 tonnes to 40,000 tonnes for members and 20,000 tonnes to 10,000 ... More

CULTIVATION
New law to prevent filling of paddy fields in Kerala
Group farming to be introduced in four districts More

PULSES
Centre notifies ban on pulses export
To be effective till Dec 26; trade worried over impact More

AQUACULTURE
Survival ride
A TRADITIONAL COUNTRY BOAT of Kerala being transported through the streets of Thrissur to a new destination in search of better catch. The fisheries sector is a vital source of employment and income to over 5 million fish workers and fish farmers ... More

RUBBER
Spot rubber unchanged
Spot rubber closed unchanged on Wednesday. Selling from certain small dealers who were in urgent need of cash was absorbed by the covering groups to fulfil their early commitments. Sheet rubber maintained its rate at Rs 106.50 a kg at Kottayam ... More

SUGAR
40 lakh t sugar for free sale
In a further bid to control sugar prices in the run-up to the festival season, the Union Government has released 40 lakh tonnes (lt) of sugar as the free sale quota (FSQ) of mills for July-September 2006. This is as against the 35 lt FSQ made ... More

TEA
Rising domestic offtake
AWAITING DAWN?: An estate worker drinking tea amidst the backdrop of a plantation at Valparai on Kerala-Tamil Nadu border. Growing domestic market and the relatively better revenue in domestic sales have dimmed tea export prospects. Tea ... More

FINANCIAL PERFORMANCE
K.C.P. Sugar Q4 net dips
K.C.P. Sugar and Industries Corporation Ltd has reported a net profit of Rs 6.04 crore on net sales of Rs 131.74 crore for the fourth quarter ended March 31. During the corresponding quarter in the previous year the company ... More

AGRICULTURAL INSTITUTIONS
TNAU confers doctorate on Kurien
More

OILSEEDS & EDIBLE OIL
Mustard oil producers form body
Producers of mustard oil have formed an association. The Mustard Oil Producers' Association (MOPA), headquartered in Agra, will function to protect the interest of processors, producers and other stakeholders and also to promote mustard oil as ... More

Edible oils improve
All major edible oils gained some ground on the local edible oil market on Wednesday on fresh buying and stray offerings. Imported crude soya oil was up Rs 2 at Rs 370 per 10 kg. RBD palmolein was up Rs 2 at Rs 407. Groundnut oil raw was up Rs 5 ... More

COFFEE
Tata Coffee mulls SPV to fund Eight O'Clock buy
Deal to be closed by July 31; EOC to be run as independent co More

TOBACCO
CTRI develops new tobacco varieties
The Central Tobacco Research Institute (CTRI) has developed four new varieties, three of them being flue-cured Virginia varieties (FCV) and the fourth a country one. Dr. V. Krishnamurthy, Director of CTRI, told reporters that the four— ... More

POULTRY
Centre to supply 8 lakh t maize to poultry farmers
Farmers affected by the bird flu will receive assistance to the tune of eight lakh tonnes of maize to recoup from their losses by the Centre. This assurance was given by Mr Sharad Pawar, Union Minister for Agriculture and Consumer Affairs, Food ... More

SPICES & CONDIMENTS
Pepper futures decline on liquidation
The pepper futures market ruled at Tuesday's closing levels after a decline of Rs100 for July/August deliveries on Wednesday. The decline at a time when "our parity is at competitive level and there is no selling pressure" could be due to ... More