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Friday, August 29, 2008
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AGRI-BIZ & COMMODITIES

COMMODITIES: Primary articles, fuels pull down inflation
Early signs of moderation, says Govt. New Delhi, Aug. 28 An easing of inflation levels among primary articles and fuel items pulled down headline inflation, with the Government terming the dip as “early signs of moderation”. ...

RUBBER: Tyre makers face drop in sheet rubber inventory
Situation likely to improve by September end. New Delhi, Aug. 28 The continued shortage in sheet rubber for over two months has led to raw material stock inventory of major tyre producers dipping to 8-21 days from the normal level of almost ...

CLIMATE & WEATHER: Southern rain wave gains more ground
Monsoon has been active over interior Tamil Nadu and south interior Karnataka as the renewed spell in the south peninsula gained further ground on Thursday. ...

COTTON: September arrivals may see cotton lint prices easing
Coimbatore, Aug. 28 Cotton lint prices displayed a softening trend during the first fortnight of August. The rates, though, were higher compared to the corresponding period of last year, for all varieties except the extra long staple lots. ...

RUBBER: Spot rubber hits new high of Rs 142/kg
Kottayam, Aug. 28 Rubber concluded at its all-time high for the second time during the year on Thursday. RSS 4 closed at Rs 142 a kg against Rs 141 a kg as supply concerns continued to haunt the main marketing centres. The trend was mixed ...

SPICES & CONDIMENTS: Turmeric futures gain on positive signals
Mumbai, Aug. 28 Continuing its bullish trend, turmeric futures in NCDEX on Thursday gained 3.39 per cent to Rs 3,840 a quintal on positive signals from the spot market in Nizamabad. Barley was up 2.38 per cent at Rs 1,200 a quintal on firm ...

CASHEW: Moves to set up cashew board revived
Moves to set up a Board aimed at boosting the overall performance of the major horticulture crop cashew, which went into hibernation a few weeks after its announcement by the Union Minister of State for Commerce and Power, Mr Jairam Ramesh, in ...

SPICES & CONDIMENTS: Pepper futures gain; spot rates steady
Kochi, Aug. 28 Pepper futures market witnessed high volatility on Thursday and moved marginally ...

NEW PRODUCTS & SERVICES: Year-long crop loan access to farmers
Mumbai, Aug. 28 The Reserve Bank India has introduced a new loan scheme for farmers which ensures access to credit throughout the year. ...

TEA: Coonoor tea sales see rise in dust offerings
Coonoor, Aug. 28 A volume of 3.15 lakh kgs has been catalogued for the dust sale of the auctions of Coonoor Tea Trade Association (CTTA) to be held on Friday. Last week, 3.10 lakh kgs were offered. ...





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Markets (Aug 28)
Nifty (at close)4214.00(-78.10)
US Dollar (Buy/Sell)43.71/72
Brent crude (a bbl) Rs4,986
Gold (a gram) Rs1,110
Silver (a kg) Rs20,695


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Looking back
Aug. 17-Aug. 23
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Problems dog basmati rice export industry

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10% ethanol blending unlikely by October

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