Business Daily from THE HINDU group of publications
Saturday, May 19, 2007
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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES
NCDEX plans robusta cherry contracts relaunch
To cut trading unit to 1.5 tonnes More

CLIMATE & WEATHER
Pacific typhoon deflects monsoon flows
Heat wave in coastal TN, AP to continue More

COMMODITIES
Inflation rate drops on cheaper manufactured items, fuel
Wholesale Price Index of all commodities up at 211.4 More

PLANTATIONS
Arecanut market dull on poor offtake
The arecanut market continues to be dull due to poor offtake from North India, especially from UP, where the assembly elections were held recently. UP, Bihar and Gujarat are the major consuming areas. Now that the elections are over, demand might ... More

RUBBER
Mixed trend in spot rubber market
Physical rubber prices were mixed on Friday. Though the signals from the international and domestic futures were promising, the market was steady till noon. Covering groups were hesitant to offer better quotes as tyre sector continued to stay ... More

BIO-TECH & GENETICS
Nod for new Bt cotton strains may not spur competition
111 hybrids cleared so far are based on just four `events' More

FOODGRAINS
Foodgrain traders oppose tax plan
Tamil Nadu Foodgrains Merchants Association has opposed the proposal of Madurai Corporation to levy a tax for solid waste management. Appealing to the Corporation, the association, in a memorandum submitted to the Mayor, Mrs Thenmozhi ... More

COTTON
An `event' that could be delayed
The GEAC's decision on May 11 to commercially approve 49 Bt cotton hybrids based on existing events has been justified by the Supreme Court's ruling only May 8. The Court had held that GEAC could clear the release of new GM hybrids, so long as ... More

OILSEEDS & EDIBLE OIL
Solvent extractors' team visiting Latin America
To also study farm practices, port facilities in the region More

SPICES & CONDIMENTS
Vanilla prices likely to move up
Several synthetic vanillin-manufacturing units in China are closing down More

Pepper futures up on lack of spot sales
Pepper futures shot up on Friday in the absence of spot selling as no one was willing to part with their produce at the current price. The market seems to have corrected itself. Exporters were taking delivery of substantial quantity from ... More

Thin arrivals
FLUCTUATING PRICES: A trader checking quality of cardamom at his outlet in Kochi. Cardamom price fluctuated this week despite thin arrivals at auctions in Kerala and Tamil Nadu. Total arrivals during the current season up to May 8 stood at 7,608 ... More






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