The Hindu Business Line : Friday, July 20, 2007

INSIGHT
Politics, the catalyst of economics
That international politics plays a key role in deciding the ‘power centres’ is well-known but few realise the relationship between international politics and commodity markets, though this has been the case from time ... More

FERTILISERS
Single super phosphate: Cabinet nod for more sops soon
Fertiliser Ministry looking at freight subsidy of Rs 150/tonne More

RUBBER
Concessions not helpful: Rubber exporters
Kochi, July 19 The Cochin Rubber Merchants Association has said that the recent announcement of the Finance Ministry in awarding concessions to exporters in order to compensate the loss suffered by them on account of rupee parity with dollar ... More

Buyer resistance hits spot rubber
Kottayam, July 19 Spot rubber continued to rule weak on Thursday. A slight improvement in global futures had no impact in the physical front and prices softened on buyer resistance amidst selling from traders, sources confirmed. The ... More

TEA
Demand boosts tea prices at Kochi sale
Kochi, July 19 Good demand bolstered tea prices at the Kochi tea auction where the offer was low.. Good CTC dust varieties were dearer by Rs 2-4 while liquoring CTC medium moved up by Rs 3-5. Bolder CTC varieties remained steady and poorer CTC ... More

High volume on offer at Coonoor tea auctions
Coonoor, July 19 Volume continues to be high at the auction of the Coonoor Tea Trade Association (CTTA) sale this week. A volume of 12.23 lakh kgs has been catalogued. This is 26,000 kgs lower than the second highest volume for the ... More

GOLD & SILVER
DSP’s new fund to invest in gold mining companies
Mumbai, July 19 DSP Merrill Lynch Fund Mangers Ltd has launched a feeder fund called DSP Merrill Lynch World Gold Fund, an open-ended fund of funds scheme, to invest in equity shares of gold mining companies through the units of Merrill ... More

FOODGRAINS
Grains output estimated at record 216.13 m tonnes
Cotton, sugarcane, soyabean scale new highs More

COIR
Alleppey Coir gets GI registration
Kochi, July 19 Alleppey Coir has received registration under Geographical Indications (GI) Act from the Union Commerce Ministry, which will pave way for better understanding of coir and coir products globally. Mr A.C. Jose, Chairman of ... More

SPICES & CONDIMENTS
Pepper futures rebound
Kochi, July 19 Pepper futures market bounced back on Thursday on bullish activities following exporters started buying spot at seller-demanded prices.About 75 tonnes of spot pepper were traded at Rs 139-145 a kg. Meanwhile, concerted ... More

Cardamom harvest delayed; prices up Rs 40/kg
Kochi, July 19 Harvesting of the next cardamom crop would commence by mid-August due to the delay caused by protracted dry spell during summer followed by heavy rains coupled with strong gales during the delayed south-west monsoon. ... More

Pepper seen weak in near term
Chennai, July 19 Pepper futures are witnessing long liquidation and a sluggish demand in the overseas and domestic markets could see the spice ruling weak in the near-term.According to Kotak Commodities Services Ltd, the open interest ... More

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