The Hindu Business Line : Tuesday, March 06, 2007

COMMODITY EXCHANGES
NMCE extends trading session
In the likelihood of "sun outage" affecting online trading and clearing during March 5-19, the National Multi-Commodity Exchange (NMCE) has extended the trading session by 45 minutes. During this period, members using VSAT may face ... More

CULTIVATION
Organic farming
NO SITTING DUCK THIS: A scene at an organic paddy cultivation field near Thrissur. Organic farming is gaining momentum in Kerala where some farmers have taken to paddy cultivation along with duck farming which they believe would be an ... More

INSIGHT
For a workable farm revolution
A practical approach to agri-reforms is to develop a national-level, electronic, institutionalised, spot exchange where farmers can sell their produce to end-users, while the settlement responsibility is undertaken by the exchange. More

BUDGET
`Budget allocation for farm sector inadequate'
Despite enhanced allocation, several proposals to redeem the worst-hit sector More

HORTICULTURE/FRUITS & VEGETABLES
Potato futures gain on short covering
Fall in chilli arrivals at the Guntur markets saw futures on NCDEX hitting the upper circuit of 4 per cent at Rs 4,519 per quintal. "The arrivals in Guntur were around 45,000 bags (40 kg per bag) against expectations of 80,000 bags. Exporters to ... More

RUBBER
Rubber crashes on panic selling
Another steep fall in TOCOM rubber futures weighed heavily on the domestic prices on Monday. The Japanese markets lost ground as bulls began to book losses following sharp declines in oil, gold and other commodity futures. The fall was later ... More

TEA
Coonoor tea auctions to be held under VAT
The Coonoor Tea Trade Association (CTTA) will conduct its auctions only at the value-added tax (VAT) rate of 4 per cent at the sale scheduled for this Thursday and Friday. This arises from a meeting convened by the Nilgiris collector of the ... More

SOFTWARE
New software for pepper trading
Indian Pepper and Spice Trade Association (IPSTA) has installed a new software trading system from March 1, to enable members to trade from anywhere. "This is an advantage to all members of the exchange which is functioning ... More

METALS
Zinc may rebound on low inventories
Signs of recovery visible, says Macquarie Research More

JUTE
When roads take to jute
CHEAPER ALTERNATIVE More

CASHEW
Cashew industry looks to East for growth
Manufacturers from west coast to study processing viability More

SPICES & CONDIMENTS
Pepper futures market crashes
Pepper futures market on Monday crashed mainly due to non-availability of space in warehouses and excessive speculation that was prevailing in the market. Also the fall in the equity market and the commodity markets world over has also ... More

Black pepper prices up 7% in January
Rates increase to $2,515 a tonne from $2,343 in December More

REGULATORY BODIES & RULINGS
FMC warns against trading on foreign bourses
Commodity futures market regulator - Forward Markets Commission - has once again issued a warning to all those clandestinely conducting real time trading in commodity derivatives on foreign bourses. In a press note issued here on Monday, ... More

OUTLOOK
Prospects for new areca bright
There is hardly any transaction for Kottadaka choll as its market has become inactive. Even namesake transaction for choll is absent, said sources close to Central Arecanut and Cocoa Marketing and Processing Co-operative (Campco), Thrissur. ... More