The Hindu Business Line : Tuesday, July 22, 2008

AGRI-BIZ & COMMODITIES

EXPORTS & IMPORTS: Pepper exporters gain from sale calls in futures
Weak rupee also makes the spice competitive in global market. Kochi, July 21 Bearish reports and sell calls on a daily basis for black pepper at various commodity exchanges have turned out to be advantageous to exporters, who have been able to ...

SPICES & CONDIMENTS: Short supply, demand push up global cloves price
Indonesia traders quote ambitious rates citing poor crop. Kochi, July 21 Fall in production and consequent short supply have pushed up prices of cloves both in the international and Indian market by 30 to 50 per cent during the past fortnight. ...

CULTIVATION: Kharif schedule under threat as rains play truant
Agri Ministry remains hopeful but gets contingency plans ready. Hyderabad, July 21 Despite sporadic rains in some parts of the State in the last 2-3 days, Andhra Pradesh is still short of the average rainfall needed for normal kharif ...

CLIMATE & WEATHER: Locally heavy rain in TN, Karnataka
Thiruvananthapuram, July 21 Southeasterly winds blowing in from the adjoining Bay of Bengal have fetched welcome parcels of moisture into coastal and interior south peninsula getting precipitated as scattered, isolated moderate and locally ...

COMMODITY EXCHANGES: IndiaBulls’ commodity bourse plans to go live in 6 months
Mumbai, July 21 IndiaBulls Financial Services (IBFS) and MMTC commodity exchange venture is expected to go live in six ...

GOLD & SILVER: Hutti Mines hopeful of improving gold recovery
Chennai, July 21 Hutti Gold Mines Co Ltd is hopeful of improving gold recovery in the months to come. The company, which is currently exploring an overall 625 acres in various blocks, produces three tonne of gold a year. ...

RUBBER: Spot rubber gains on short supply
Kottayam, July 21 The opening day of the week witnessed yet another better closing in rubber prices. ...

TEA: Darmona tea fetches record price at Coonoor sales
Coonoor, July 21 Darmona Estate and Tea Industry gained a package of credits at Sale No: 29 at the Coonoor Tea Trade Association (CTTA) auctions here on Friday. ...

STORAGE: Philippines co eyeing bulk-storage market in Bengal
The Philippines-based GrainPro, a post-harvesting technology provider for food grains, is eyeing the bulk-storage market in West Bengal to sell their storage ...

COMMODITY MARKETS: Turmeric futures hit lower circuit
Mumbai, July 21 Chilli, pepper and turmeric hit the lower circuit of 2 per cent in NCDEX on Monday. Chilli tumbled by 2.91 pr cent to Rs 5,665 a quintal on long liquidation coupled with steady spot market due to lack of export ...