The Hindu Business Line : Saturday, December 22, 2007

COMMODITY EXCHANGES
NCDEX scraps additional margins
NCDEX has withdrawn the additional margins imposed on pepper, jeera, chana, guar gum, guar seed, red chilli, mentha oil and maize effective December 24. In a circular to members the exchanges has said “As per the directives received from ... More

RUBBER
Mixed trend in spot rubber
Kottayam, Dec. 21 A mixed trend was observed in physical rubber on Friday. Sheet rubber finished unchanged at Rs 92 and Rs 92.50 a kg respectively at Kottayam and Kochi as on Thursday. RSS 5 and Ungraded rubber firmed up on strong enquiries ... More

SUGAR
10% ethanol-doped fuel: BIS norms likely by March
Centre soon to allow mills to convert molasses into ethanol: Pawar More

GOLD & SILVER
World Gold Council tying up with micro finance institutions
For financing gold purchases in rural areas More

COFFEE
Coffee processing unit opened in Vizag dist
Visakhapatnam, Dec 21 The coffee-growing area in the tribal tracts of Visakhapatnam district will be doubled in the next five years, benefiting 1.2 lakh tribal families, Mr Jairam Ramesh, Union Minister of State for Commerce, has ... More

SPICES & CONDIMENTS
Turmeric near upper circuit
Mumbai, Dec. 21 The withdrawal of additional margins on Friday boosted interest in agriculture commodity futures trading in NCDEX.Turmeric and sugar February contract were close to hitting the upper circuit. Turmeric for April delivery ... More

Pepper futures move up
Kochi, Dec. 21 Pepper futures market on Friday shot up by Rs 278–447 a quintal on withdrawal of additional margins by the Regulator from December 24 coupled with rumours that nearby month position will be relaxed. However, ... More

IPR
Karnataka to seek GI tag for more crops
Karnataka, which has got GI (geographical indication) tag for six crops in the State, is planning to bring more crops under the net. In this regard, the Karnataka Horticulture Department is planning to hold a workshop next month to elicit ... More

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