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Wednesday, August 27, 2008
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AGRI-BIZ & COMMODITIES

INSIGHT: Commodity prices in unwind mode
From all available indications, it looks as though the extended global bull-run in commodities is over. Since March-April, there has been a falling trend in prices of base metals such as copper, lead, nickel and zinc, alongside an easing of ...

CLIMATE & WEATHER: All-India rainfall slips back into deficit
Thiruvananthapuram, Aug 26 The belt of scattered rains progressing from the Equatorial Indian Ocean has already hit Sri Lanka with the persistent drizzle playing spoilsport with the scheduled one-day international cricket match between the ...

RICE: Relax ban on non-basmati rice export: Malaysian firm
Plea for allowing Ponni variety on health grounds. New Delhi, Aug. 26 Even as a Malaysian company has got registered the non-basmati premium variety rice, Ponni, trademark rights in Kuala Lumpur, the company’s parent Bernas Group has ...

COTTON: ‘Hike in cotton support price will sink textile sector’
SIMA urges pragmatic approach while fixing price. Coimbatore, Aug. 26 The cotton textile industry fears that any abnormal increase in the minimum support price (MSP) for cotton would be detrimental to the interests of not only the textile ...

CASHEW: China potential market for cashew products
Kochi, Aug 26 The Kerala state owned, Cashew Development Corporation has received a boost for marketing its products in China with the visit of the Chinese Ambassador to India, Mr Zhang Yan, to its processing factory in Kollam last week. This ...

RICE: Agri Gold launches hybrid rice seeds
Agri Gold Food and Farm Products Ltd, an arm of the Rs 500-crore Agri Gold Group, is into the marketing of hybrid seed varieties in rice and vegetables and organic fertilisers. Mr Sitaram Avvas, Vice-Chairman and Managing Director of Agri Gold, ...

TEA: Nilgiri tea output increases 5.8 %
Coonoor, Aug 26 More sunshine hours with adequate precipitation and optimum humidity levels helped Nilgiri tea production to rise in July over the same period last ...

SPICES & CONDIMENTS: Pepper futures slip on lack of demand
Kochi, Aug 26 The pepper futures market on Tuesday dropped sharply on bearish sentiments. ...

NON-CONVENTIONAL ENERGY: Biomass from bamboo seen as alternative to coal
‘The high energy biomass from bamboo could serve as ‘green coal’. This is renewable and less polluting than coal,’ Dr N. Barathi, Director, Growmore Biotech, has ...

COMMODITY EXCHANGES: Commodity exchanges turnover drops
Mumbai, Aug 26 The steep fall in metal prices seems to have taken the steam of the bull run in commodity futures market. ...

TEA: Good demand for teas at Coimbatore auction
Coimbatore, Aug. 26 Total offerings at sale 34, held at the Tea Trade Association, Coimbatore amounted to 5.01 lakh kg, of which leaf grades accounted for 2.07 lakh kg and the remaining 2.94 lakh kg of tea ...

COTTON: Cotton support price
The Government has done well to increase the support price for cotton at the right time. India is fast emerging as the largest exporter of cotton. But for our exports, there would be a huge shortage of cotton in the world. ...





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Markets (Aug 26)
Nifty (at close)4337.50(+2.15)
US Dollar (Buy/Sell)44.01/02
Brent crude (a bbl) Rs4,933
Gold (a gram) Rs1,094
Silver (a kg) Rs20,295


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