The Hindu Business Line : Tuesday, October 23, 2007

RUBBER
Transport stir pulls down spot rubber
Kottayam, Oct. 22 The rubber market remained under pressure as the State-wide lorry strike continued for the fourth day on Monday. An all round decline in global futures especially TOCOM which reacted closely to yen strength in exchange ... More

TEA
Quality teas get higher prices at Coonoor sales
Coonoor, Oct. 22 Quality invoices fetched higher prices, while the plainer grades were rejected by buyers at the auctions of the Coonoor Tea Trade Association (CTTA) here. Auctioneers brought for sale 12.94 lakh kgs – as much as ... More

OILSEEDS & EDIBLE OIL
Nafed to scout for crude palm oil in global market
Mumbai, Oct. 22 The National Agricultural Cooperative Marketing Federation of India Ltd (Nafed) will explore opportunities on a daily basis to buy crude palm oil in the international market. “We will enter into import contracts ... More

COCONUT & COPRA
CDB invites application for awards
The Coconut Development Board (CDB) has invited applications for national awards of the board for 2007-08. According to an official press release, 10 awards are proposed under the following categories: Best coconut farmer in ... More

TOBACCO
Risk policy for tobacco exports on cards
New Delhi, Oct. 22 The Commerce Ministry has agreed to examine the possibility of having a special risk policy for tobacco exports through Export Credit Guarantee Corporation (ECGC) and also a specialised institute for spices technology for ... More

SPICES & CONDIMENTS
Chilli exports set to surge, monopolise EU markets
April-Aug shipments at 88,000 t More

Downtrend in turmeric futures due to rise in output
Mumbai, Oct 22 Turmeric futures are on a downtrend in the short term on the backdrop of increase in production of 8.90 lakh tonnes in 2006-07 against 8.5 lt last year. The domestic demand has remained almost stagnant at seven lt, while ... More

Pepper gains as prices in other origins rise
Kochi, Oct. 22 The pepper futures market shot up on Monday in tandem with the rise in prices of other origins. Besides, lack of offers from Indonesia and very limited support from Vietnam for Asta grade pepper has also contributed to ... More

AGRICULTURAL POLICY
Floor price may replace ban on rice exports
Commerce Ministry plans minimum shipment price of $450 More

COMMODITY MARKETS
Guarseed futures gain on NCDEX
Mumbai, Oct 22 Strong demand from millers saw guarseed futures on NCDEX gain 1.21 per cent to Rs 1,751 per quintal. Jeera futures went up 1.11 per cent to Rs 10,814 per quintal on firm Unjha market. Barley for November delivery was up a tad at ... More

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Looking back
Oct. 14-Oct. 20
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Crash in urad prices leaves growers worried