AGRI-BIZ & COMMODITIES
COMMODITY EXCHANGES
NMCE launching new series in futures contracts
Ahmedabad, Sept 16 The National Multi-Commodity Exchange (NMCE) is launching 43 new series and six new ‘spread series’ for futures contract in different commodities from Monday (September 17).The new series include highly ...
More
FARM CREDIT
Waive agriculture loan: Badal
The Punjab Chief Minister, Mr Parkash Singh Badal, has asked the Centre to waive agriculture loan of farmers in the State and hike the Minimum Support Price of wheat and paddy. “If a special package for relief on agriculture debt can be ...
More
CLIMATE & WEATHER
Monsoon puts withdrawal on backburner
Thiruvananthapuram, Sept. 16 The southwest monsoon seems to have put its withdrawal schedule on the backburner as it dug in yet again on the southeast and southwest flanks. Saturday’s low-pressure area over west-central Bay of ...
More
INSIGHT
Govt misguides itself over wheat imports due to poor market research
The Government is relying on information from agencies whose credentials are suspect who in turn depend on international reports that are already in the public domain.
More
TEA
‘Orthodox teas gaining ground’
Coonoor, Sept. 16 “The Indian tea industry is progressively shaping to address the orthodox-CTC mix, which has been impacting the country’s ability to service global markets and putting an end to the oversupply of CTC teas in the ...
More
9 closed tea gardens in Kerala re-open
New Delhi, Sept. 16 The recently announced rehabilitation package has seen nine of the 17 tea gardens in Kerala re-open. An official statement issued on Sunday adds that five gardens were in the process of settling their accounts and will open ...
More
Good demand for CTC teas at Kolkata sale
Kolkata, Sept. 16 Last week, there was good demand for CTC teas at North Indian auction centres, according to J. Thomas & Company Private Ltd, the tea auctioneers. Select good quality reached firm to occasionally dearer levels, ...
More
TECHNICAL ANALYSIS
Bearish trend in Comex gold
Gold prices ended essentially flat Friday, reversing an early rally, as investors made cautious bets ahead of the Federal Reserve’s decision on interest rates next week. Gold hit its highest level in more than a year and the US dollar sank ...
More
Palm oil futures may correct lower
Malaysian palm oil futures ended sharply higher on Friday on strong festival demand. Palmoil demand was high with Ramadan underway followed by Diwali. The market’s focus is now turning to palm oil export data for September 1-15, due for ...
More
METALS
Uptrend continues in gold on rising crude prices, $ weakness
Fabrication demand continues to be supportive
More
COIR
Kerala to convert coir co-ops loans into capital
Thiruvananthapuram, Sept. 16 The Kerala Government has decided to convert all government loans given to the coir cooperative societies till March 31, 2006, into share capital. The Minister for Coir and Cooperation, Mr G. Sudhakaran, ...
More
COFFEE
Coffee Board confident of achieving export target
Export permits down 22%, but unit value realisation 16% higher
More
SPICES & CONDIMENTS
Govt may extend personal risk cover scheme to spices sector
Coonoor, Sept. 16 The Centre is contemplating to extend the Personal Accident Insurance Scheme, which is available for the small growers to the spices sector as well. Speaking at the 114th United Planters’ Association of Southern ...
More
Pepper futures decline
Spot prices drop by Rs 200 a quintal
More
OUTLOOK
Ample stocks, poor demand may reflect on chilli prices
Chennai, Sept. 16 Ample stocks in Guntur and sluggish demand are likely to result in chilli futures ruling weak in the near term.Currently, spot prices quoting around Rs 3,800-4,000 a quintal on improved arrivals and reduced offtakes. ...
More
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
RSS Feeds