The Hindu Business Line : Friday, December 08, 2006

COMMODITY EXCHANGES
Maize, chilli futures slip
Maize futures on NCDEX witnessed a drop of 1.5 per cent to Rs 7,665 per quintal. Fresh arrivals of 1.52 to 1.6 lakh bags of maize from Karnataka and Maharashtra did not find many takers owing to the high moisture content of 16-17 per cent against ... More

WHEAT
Parliamentary panel reiterates demand to ban wheat futures
The Parliamentary Standing Committee on Food, Consumer Affairs and Public Distribution has reiterated its demand for banning futures trading in wheat and other essential items of mass consumption. In its fifteenth report tabled in the Lok ... More

Encouraging trend
HIGHER PRICES: Paddy being planted in a field near Palakkad in Kerala. Rice prices are gaining on Asian currencies strengthening against the dollar despite the market being quite. Higher prices are encouraging farmers to go in for crops such as ... More

CLIMATE & WEATHER
`Strong easterly wave' over Andaman Sea
The migrant remnant from tropical storm Durian (24W) has set up a base over Andaman Sea as a "strong easterly wave," says the National Centre for Medium range Weather Forecasting (NCMRWF). It is set to revive the northeast monsoon over south ... More

RUBBER
Spot rubber tops Rs 80/kg
Spot rubber flared up further on Thursday. RSS 4 improved to Rs 80 and Rs 80.50 a kg respectively at Kottayam and Kochi against Rs 79 a kg on better demand. Certain tyre companies were buyers at current level though market observers alleged that ... More

TECHNOLOGY
UAE firm to use Coir Board tech for producing coco lawn
The technology developed by the Central Coir Research Institute, Alappuzha, for producing Coco Lawn (readymade lawn) is getting attention overseas as a UAE-based company has evinced interest in utilising this technology through National Research ... More

FOODGRAINS
High food prices here to stay
In this fire-fighting operation that essentially relates to trade liberalisation and price control, the basic thrust on strengthening agriculture is receding into the background. More

OILSEEDS & EDIBLE OIL
Oilmeal exports up in November
Soyabean, rapeseed meals contribute towards export figures More

POULTRY
Poultry sector wants maize futures banned
Seeks remedial measures to ensure corn supply More

SPICES & CONDIMENTS
Pepper futures decline on liquidation
Lack of confidence in quality of material lying in warehouses More

Pepper exports to US rise as prices turn competitive
Short-supply in global market, quality give a hand More

COMMODITY MARKETS
Amend Forward Contracts Act: Assocham
With a view to providing adequate deterrent provisions to curb speculative manipulation of prices of commodities, the Assocham has urged the Government to amend the Forward Contracts (Regulation) Act, 1952. An Assocham paper on `Regulatory ... More

MARKETING
Giving farmers a marketing platform
Initiatives are under way to empower farmers and usher in the next Green Revolution by harnessing technology to improve cultivation. Once a national-level electronic market is set up to provide spot trading facilities, the country will be converted i nto a common Indian market. More

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Global cues like US slowdown key for Indian markets: DSP Merrill Lynch

Pepper exports to US rise as prices turn competitive

`Export target will be met despite slow growth in Oct'

All third party risks move to Motor pool from Jan

Looking back
Nov. 26-Dec. 2
Centre flayed for not merging jute bodies

Maize prices harden on tightening supplies

Sweet news for farmers

Rubber contracts hit upper ceiling on NCDEX

Ghee, milk powder prices likely to remain firm

`Have more gold in forex reserves'

Changes in commodities Act may squeeze bourses

MCX zinc turnover tops Rs 1,000 crore

`Durian' remnant may impact Bay of Bengal

Vanaspati industry split over duty-free imports

Inflation: Pulses index up 32 pc