The Hindu Business Line : Friday, September 21, 2007

Open interest and trade volumes — Important indicators in determining trends
It is a common misperception that the open interest is the summation of the number of long positions and short positions. Since derivatives result in zero sum — a buyer exists only if a seller is present — it is sufficient if either the n umber of outstanding long positions or short position contracts is known. More

RUBBER
Rubber Board doubles medical aid for tappers
Kottayam, Sept. 20 The Rubber Board has doubled the medical aid intended for the tappers in the unorganised sector to Rs 20 lakh from Rs 10 lakh following widespread attack of contagious fever in rubber growing areas in the State. ... More

Spot rubber declines on buyer resistance
Kottayam, Sept. 20 The rubber prices declined following widespread losses in global indices mainly TOCOM which lost ground on long liquidation to book profits at higher levels. The domestic spot market slipped on buyer resistance and sheet ... More

COIR
Mozambique officials visit Coir Board
Kochi, Sept. 20 A high level official delegation from Mozambique, headed by Mr Francisco Itai Meque, Governor of Inhambane, Government of Mozambique, visited the coir industry and Coir Research Centre of Coir Board at Kalavoor in Alappuzha and ... More

SPICES & CONDIMENTS
Cardamom e-auction resumes
Spices Board assures traders their interests will be protected More

Pepper gains on contract switch over
Kochi, Sept. 20 Pepper futures improved at close after declining in the morning on liquidation by some of the players. Some of the brokers said to have asked their clients to reduce their October position as it will be the first month ... More

TN chilli growers cautioned on huge stocks
Coimbatore, Sept. 20 The Tamil Nadu Agricultural University’s domestic and export market intelligence cell (DEMIC) has projected the prices of ‘Sannam’ chillies to rule easy for the coming crop in January owing to huge stocks ... More

COMMODITY MARKETS
Commodity market rallies on global trend
Mumbai, Sept. 20 The Indian commodity market rallied in sync with the international commodity markets after the Fed move to cut interest rates.Bullion prices on the domestic bourses flared up after gold hit 28- year high on COMMEX ... More

EXPORTS & IMPORTS
Decision on milk powder export ban likely on Sept 24
Ministry seeks views of cooperatives, private dairies More

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