The Hindu Business Line : Friday, October 12, 2007

COMMODITY EXCHANGES
‘Participating in futures will get farmers better prices’
Mumbai, Oct 11 The commodity futures market needs to be broadened and deepened with wider participation including farmers, stressed the National Workshop on Commodity Research organised by NCDEX Institute of Commodity Markets & ... More

CLIMATE & WEATHER
‘Shear zone’ looms as clouds gather
India Meteorological Department (IMD) has declared that the ‘east-west shear zone of turbulence’ will get established over the peninsula as early as Friday in the firmest yet indication that the Northeast monsoon is just around the ... More

RUBBER
Fresh demand drives up spot rubber prices
Kottayam, Oct. 11 Physical rubber prices showed a better trend on Thursday driven by the bullish mood in domestic and international futures. Sheet rubber RSS 4 firmed up to Rs 91.50 from Rs 91 a kg both at Kottayam and Kochi. The market made ... More

TEA
Lower tea volume on offer at Coonoor sale
Coonoor, Oct. 11 An analysis of the catalogues of various brokers indicates that a volume of 11.71 lakh kg has been offered for sale this week at the auctions of the Coonoor Tea Trade Association (CTTA). This is nearly 30,000 kg lower ... More

FOODGRAINS
Maize futures tumble on NCDEX
Mumbai, Oct. 11 Maize futures on NCDEX tumbled 2.06 per cent to Rs 688 per quintal on profit booking. Sugar futures turned bearish after the Government announced slew of sops to the sector. It lost 0.61 to Rs 1,304 per quintal. Speculative ... More

AGRICULTURAL INSTITUTIONS
Nabard plans rural cell
New Delhi, Oct. 11 National Bank for Agriculture and Rural Development (Nabard) has decided to set up a separate cell to focus on rural services sector, its Managing Director, Dr K.G. Karmakar, has said.“We need to look at rural ... More

COTTON
Cotton prices lose steam
Coimbatore, Oct.11 The prices of new cotton crop of Shankar-6 variety from Gujarat and J-34 SG from Punjab have lost steam this week. So also the prices of MECH-1/H-4 from Madhya Pradesh.Shankar-6 is quoted 7 per cent less at Rs 19,000 ... More

OILSEEDS & EDIBLE OIL
Oilmeal exports likely to rebound
On higher oilseeds output, demand More

COFFEE
Sept rains dampen coffee production prospects
10-12% fall in robusta likely; drought dogs Brazil More

SPICES & CONDIMENTS
Govt to tap mint industry potential
Spices Board told to set up a park in UP More

Bears pull down pepper futures a tad
Kochi, Oct. 11 Pepper futures market which has been on an upward swing in the past few days declined marginally on Thursday on bearish activities. High volatility was witnessed on the market exhibiting the muscle power of both bulls ... More

Vanilla prices may fall further on weak demand
Rates have dropped to $16-18 in the international market More

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Looking back
Sep. 30-Oct. 6
‘Indian tea has potential to recapture Russian market’

DST plans real-time mapping of standing crops

Re 1/kg excise duty on packet tea mooted

‘Farmers must get better price for their produce’

Prices of pulses begin to soar on Myanmar unrest

Skimmed milk powder exports may top 50,000 t