The Hindu Business Line : Friday, May 09, 2008

ACCIDENTS
Compensation for chilli farmers; sabotage ruled out
The Andhra Pradesh Government has refuted conspiracy theories behind the fire accident at the Guntur chilli market yard last week while announcing compensation to farmers. The State Government, which discussed the issues here this ... More

COMMODITY EXCHANGES
Govt mulls ban on agri futures trading
The Government is contemplating a ban on futures trading in all agricultural commodities, according to a note circulated by the Minister of State for Industries, Mr Ashwani Kumar, here on Thursday.There has been reports that the future ... More

CLIMATE & WEATHER
Bay ‘low’ seen dropping anchor to steer rains
Thiruvananthapuram, May 8 The European Centre for Medium-Range Weather Forecasts (ECMWF) sees the ‘low’ popping up over south-east Bay of Bengal around Monday dropping its anchor off the Myanmar coast for at least a week. ... More

INSIGHT
Futures: Farmers lose, buyers pay, and Wall Street alone gains!
More

RUBBER
Rubber futures ban triggers panic in spot market
Kottayam, May 8 Physical rubber prices fell sharply on Thursday. All futures contracts in rubber, chana, soya oil and potato currently being traded on all National Exchanges were suspended after the closing of trades on May 7, 2008 as per the ... More

Natural rubber sports new logo
Kochi, May 8 To increase the marketability of Indian natural rubber and position it as a world class product on par with international competitors, the Rubber Board on Thursday introduced a new logo for natural rubber at the inaugural ... More

SUGAR
Sugarcane price: Food Ministry seeks farm costs panel comment
New Chairman may take time to decide on the issue More

TEA
Mixed trend at Kochi tea auction
There was a fair amount of buying interest in leaf teas from exporters at the Kochi tea auction. They mainly operated in the orthodox grades and whole leaf grades were their favoured choice. CTC leaf elicited interest from both exporters and ... More

BIO-TECH & GENETICS
Tremendous scope for vertical growth in biotech crops
‘Bt cotton has enabled India turn exporter of the crop’ More

OILSEEDS & EDIBLE OIL
Sticky palm oil
More

TOBACCO
Tobacco fetches record price at AP auctions
Kakinada, May 8 Virgin tobacco prices fetched a record price of Rs 118.60 a kg at the auctions on the Jangareddigudam platform number two in West Godavari district of Andhra Pradesh on Thursday.There are six floors in West Godavari ... More

COMMODITY MARKETS
Commodity exchanges may lose Rs 600 crore a day
Futures trade in chana, soya oil, rubber, potato suspended for 4 months More

Why was rubber targeted
Chennai, May 8 The Centre’s move to suspend rubber futures follows a concerted effort on the part of traders, mainly based in Kochi, and the tyre manufacturers.Their justification to discontinue the futures was that there were no ... More

EXPORTS & IMPORTS
AP to import red gram, palm oil
Hyderabad, May 8 The Andhra Pradesh Government is making arrangements to import red gram and palm oil while taking to supply them through fair price shops in the state from July.“The Government will take necessary steps to ensure ... More

OUTLOOK
Firm trend in coal prices seen continuing in long term
‘Faltering supply growth can add further upward thrust’ More

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