AGRI-BIZ & COMMODITIES
COMMODITY EXCHANGES
NMCE launches new series of contracts
Ahmedabad, Sept. 11 The National Multi-Commodity Exchange (NMCE) has launched new series in turmeric, soya oil, guarseed and chana desi for futures contracts. The new contracts in turmeric, soya oil and guarseed will expire on January ...
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Guarseed futures gain on NCDEX
Mumbai, Sept. 11 Though commodity futures markets were volatile, as usual, most of the commodities on Tuesday finished almost flat. “The market saw very good intra-day movements especially in soyabean and jeera, but most commodities ...
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AQUACULTURE
Q1 seafood exports drop in value, volume
Kochi, Sept. 11 The country’s seafood exports fell by 14 and 16 per cent in value and quantity respectively, to Rs 1,431 crore and 94,059 tonnes, during the first quarter of the current fiscal. This was partly due to the very poor ...
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INSIGHT
Wheat import, at whose cost?
In February, the Union Agriculture Minister, Mr Sharad Pawar, made a categorical statement that “if the current weather persists and wheat output exceeds 72.5 million tonnes, I will allow exports”. The just released data from the ...
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FLORICULTURE
Nilgiris vying for floral market
Coonoor, Sept. 11 Representatives of the floriculture units from the Nilgiris are congregating in New Delhi from September 12-14 to benefit from the presence of global buyers and expert florists coming to attend the 3rd International Flora ...
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PLANTATIONS
Arecanut improves on import curbs
Kottayam, Sept. 11 The arecanut situation in Kerala has slightly improved following the reports that the DGFT has allowed the import of all types of arecanut through Mangalore Port only. It is also learnt that Campco is likely to be ...
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RUBBER
Lower stocks drive up spot rubber
Kottayam, Sept. 11 The news of lower stocks in warehouses kept the domestic rubber rates firm on Tuesday. In the physical front, RSS 4 bounced back to Rs 88 and Rs 88.50 a kg respectively at Kottayam and Kochi from Rs 87 per kg on Monday. ...
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FOODS & FOOD PROCESSING
Biofuels and food security
Energy security has become an area of significance, engaging the attention of all countries. Bio-fuels have come into prominence as they are considered to be environmentally friendly with reduced gas emissions. Less dependence on fossil fuels is ...
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OILSEEDS & EDIBLE OIL
Vanaspati industry in a bad shape
Mumbai, Sept.11 The Indian vanaspati industry has possibly never been in a worse shape than now. Out of 267 installed units of production, only 120 are reported to be in working condition. At a mere 20 per cent, capacity ...
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TOBACCO
Ministry cracks the whip on pan masala, gutkha units
New Delhi, Sept. 11 Faced with concerns of excise duty evasion, the Finance Ministry has cracked the whip on units manufacturing pan masala, gutkha and chewing tobacco.The Revenue Department has asked all the existing units to submit ...
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SPICES & CONDIMENTS
Declining trend continues in pepper futures
Kochi, Sept. 11 Declining trend continued in the pepper futures market on Tuesday. Prices remained competitive at lower levels and yet there were no buyers because of high volatility in the market and consequent uncertainty in the ...
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AGRICULTURAL POLICY
GoM will discuss issue of bonds to fert sector
Subsidy component moves up to Rs 48,000 cr
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HUMAN RESOURCES
Rubber tappers are a hot commodity now
Lure of other sectors takes away labourers from plantation
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