The Hindu Business Line : Saturday, August 11, 2007

COMMODITY EXCHANGES
MCX to accept 6 mm cardamom delivery
Kochi, Aug. 10 MCX has decided to accept delivery of 6 mm cardamom from the September contract onwards, based on feedback received from planters, farmer organisations and traders. Cardamom futures contracts were introduced on February ... More

RICE
Organic area
More

CLIMATE & WEATHER
Rain surplus swells as Bay throws up new ‘low’
Thiruvananthapuram, Aug 10 A fresh low-pressure area formed over the northwest Bay of Bengal off the Orissa-West Bengal coast on Friday even as the rainfall surplus for the season reversed trend and began building once again. ... More

CULTIVATION
Kharif acreage up in most crops except rice
Cotton, soyabean output may top last year’s record More

COMMODITIES
Inflation rate rises on costlier food items
Wholesale Price Index of all commodities up at 223.4 More

PLANTATIONS
STC keen on supporting back-end farm operations
Commissions study by IIM Bangalore to prepare ‘friendly’ scheme More

RUBBER
‘Health woes unlikely to affect rubber output’
Board Chairman says production has declined only 50,000 tonnes More

Spot rubber steady despite lack of demand
Kottayam, Aug. 10 The physical rubber rates were unchanged on Friday. Though the international markets were weak and there has been no visible increase in domestic demand, the prices maintained a steady pace since the inflow to the main ... More

TEA
Firm trend at Kochi tea auction
Kochi, Aug. 10 Good general demand sustained tea prices at last week’s levels at the Kochi tea auction. Popular and good dust tea remained steady. Medium CTC were irregular, while poorer varieties tended to be lower. Orthodox dust ... More

METALS
Hind Copper plans joint venture for Banwas mine
Kolkata, Aug. 10 Public sector Hindustan Copper Ltd (HCL) plans a joint venture with a foreign partner to develop the Banwas copper mine in order to increase ore production of the Khetri Copper Complex in Rajasthan, according to Mr S.C. Gupta, ... More

SPICES & CONDIMENTS
Cardamom prices rise due to short supply
Picking is expected to be in full swing by next week More

Pepper futures gain a tad
Kochi, Aug. 10 The pepper futures market witnessed high volatility on Friday on bearish activities and moved up marginally at the day’s close.There were no ready sellers. Prices at the other origins reportedly ruled steady at ... More

MCX revamps commodity index
Mumbai, Aug 10 MCX has replaced wheat, urad and rubber with mentha oil, potato, cardamom and chana in the composition of its benchmark commodity index, Comdex.With wheat and urad futures banned recently, rubber futures are traded on the ... More

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