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Wednesday, August 01, 2007
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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES
MCX launches raw jute futures
Kolkata, July 31 MCX on Tuesday launched future contracts on TD-4 grade of raw jute. Contract would be fair average quality with ex-Kolkata delivery. Spot price would be linked to Kolkata and the jute growing districts of Murshidabad, Nadia ... More

WHEAT
Pawar defends wheat imports
Mr Sharad Pawar, Union Agriculture Minister, has strongly defended the Centre’s decision to import wheat at a higher cost. Addressing newspersons here on Tuesday, he said it was important to build a substantial buffer in order to ... More

PULSES
Chana spot prices firm up in southern, central States
Arrivals pressure prices in futures market More

RUBBER
Ban rubber futures, says user industry
Chennai, July 31 Neither the rubber planters nor the users want the commodity to be traded on the commodity exchanges, says Mr K.T. Thomas, President, All-India Rubber Industries Association. The association represents all rubber-user ... More

Rains, disease hit rubber output
Kottayam, July 31 There has been a 50 per cent drop in rubber production this year in major rubber producing areas such as Pala and Kanjirappally due to vector-borne diseases such as chikungunya and other fevers in plantation areas in the ... More

Spot rubber improves on short supply
Kottayam, July 31 The rubber prices zoomed again ridden by short supply. Covering groups and purchase agents continued to lift the prices sharply as international and domestic futures also ended in the positive zone. The volumes were thin ... More






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