The Hindu Business Line : Tuesday, June 17, 2008

COMMODITY EXCHANGES
MCX inks MoU with IDEAcarbon
Mumbai, June 16 Multi-Commodity Exchange of India (MCX) has signed memorandum of understanding with Singapore-based IDEAcarbon, an independent rating agency for carbon market participation and global advisory on carbon finance.Under the ... More

NMCE settles June contracts
Ahmedabad, June 16 National Multi-Commodity Exchange (NMCE) on Monday settled the June-2008 contracts in various commodities. Pepper settled at Rs14,464 (a quintal), which was marginally higher than Rs14,134 of May and Rs14,375 of April ... More

CLIMATE & WEATHER
Depression in Bay drives up monsoon vigour
Thiruvananthapuram, June 16 Sunday’s ‘low’ over the North Bay of Bengal intensified into a depression to the southeast of Kolkata driving up the monsoon activity over east India, the northeast and the Indo-Gangetic plains on ... More

AQUACULTURE
Push for growth
More

FERTILISERS
‘Godavari Fert will supply entire output from July’
Hyderabad, June 16 The Andhra Pradesh Government has got an assurance from Godavari Fertilizers Ltd (GFL) for the supply of the entire production of its di-ammonium phosphate (DAP) and complex fertilisers within the State.“The ... More

RUBBER
Spot rubber prices gain marginally
Kottayam, June 16 The rubber prices turned better on Monday. The domestic market made moderate gains inspired by another positive closing on global indices. RSS 4 finished at Rs 128.50 against Rs 128 a kg on the previous weekend. The ... More

SUGAR
TN sugar sector on brink of major expansion
5 mills get nod to set up integrated facilities More

WATER
Water released from Grand Anicut for Kuruvai cultivation
Water was released from Grand Anicut in Thanjavur district for Kuruvai cultivation in the Cauvery delta districts of Thanjavur, Tiruvarur and Nagapattinam on Monday. Water gushed out of the sluices of Cauvery, Vennar and Grand Anicut ... More

COTTON
Lint prices rule steady
Coimbatore, June 16 Cotton lint prices for the fortnight ended June 15 ruled steady to firm even as the arrivals and sale of cotton in most terminal markets were low.The seed cotton arrivals during the fortnight have come down to as low ... More

CASHEW
Cashew prices firm up on lower global output
Vietnam, Brazil, Indonesia may witness fall in crop More

COMMODITY MARKETS
Rising crude prices fuel futures trade
Institutional investors’ investments up in crude and gold More

OUTLOOK
Coffee output seen up on helpful weather
Production pegged at 2.93 lakh tonnes; gains from Karnataka zones More

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