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Tuesday, November 11, 2008
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AGRI-BIZ & COMMODITIES

EXPORTS & IMPORTS: Exporters bearish on maize export prospects
Prices crash on fresh arrivals; shipments may pick up in Dec. Chennai, Nov. 10 Corn (maize) exporters are bearish on export prospects in the short-term but are expecting a pick-up from around December. On the other hand, with arrivals beginning ...

OILSEEDS & EDIBLE OIL: Kharif oilseeds output: No change in trade outlook
Production estimated at 164.1 lakh tonnes. Total production of major oilseeds during the ongoing kharif 2008 harvest season is estimated at 164.1 lakh tonnes, little changed from last kharifs 164.9 lt, according to the Central Organisation of ...

OILSEEDS & EDIBLE OIL: AP to reduce palm oil price for white card holders
Hyderabad, Nov. 10 The Andhra Pradesh Government has decided to reduce the palm oil price being distributed to White Card holders through fair price shops to Rs 35 a litre from the present Rs 45 immediately. The decision was taken by ...

SPICES & CONDIMENTS: Cardamom recovers on buying support
The cardamom prices recovered on buying support at the auctions held in Kerala and Tamil Nadu ...

OILSEEDS & EDIBLE OIL: ‘Enter into bilateral pact to import edible items’
Mumbai, Nov. 10 The Pulses Importers Association (PIA) has said that Government agencies such as MMTC, STC, PEC and Nafed should consider reducing the minimum bid quantity for sale of imported pulses in the ...

CLIMATE & WEATHER: Peninsular rains to rev up ahead of ‘low’
Thiruvananthapuram, Nov. 10 Rainfall activity over parts of the south peninsula, especially the extreme southeast, is forecast to scale up Wednesday onwards ahead of a brewing low-pressure area over southeast Bay of ...

RUBBER: Reduce duty on natural rubber: ATMA
Mumbai, Nov 10 The Automotive Tyre Manufacturers Association (ATMA) has urged the government to reduce the customs duty on natural rubber – the principal raw material of tyre industry – from 20 per cent to 7.5 per cent, lower than ...

RUBBER: Spot rubber rules steady
Kottayam, Nov. 10 Rubber prices finished almost steady on Monday. The only gainer of the day was RSS 4 which improved by 50 paise to Rs 85.50 from Rs 85 a kg followed by short covering at lower levels. The sentiments were led by the gains ...

AQUACULTURE: Choice Group’s shrimp brand makes a mark in US
Kochi, Nov. 10 As a result of the economic slowdown, the ‘eating out concept’ in the US has taken a beating but the ‘ready-to-eat and cook-and-serve’ categories in food consumption have grown, according to Mr Jose ...

SPICES & CONDIMENTS: Pepper futures witness high volatility
Kochi, Nov 10 Pepper futures witnessed high volatility on Monday and closed slightly above Saturday’s levels on liquidation ...

TEA: Coonoor teas find support at lower levels
Coonoor tea market, which crashed last week, picked up last week with improved demand for 12.85 lakh kg offered at Sale No: 45 of Coonoor Tea Trade Association (CTTA) auctions. Demand was better at lower price-levels compared to the last ...






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Markets (Nov 10)
Nifty (at close)3148.25(+175.25)
US Dollar (Buy/Sell)47.38/39
Brent crude (a bbl) Rs2,722
Gold (a gram) Rs1,089
Silver (a kg) Rs16,980


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In Focus
Pravasi Bharatiya Divas, Singapore

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Other Top Stories
ING Renault’s F1 roadshow kick-starts Commonwealth Games celebrations

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Regulator to review TPAs’ performance

Downward spiral

Shipping cos plan to revive Transchart campaign

Looking back
Nov. 2-Nov. 8
Veg oil duty hike unlikely to benefit growers and consumers

Prices continue to be volatile

Egg prices touch record high of Rs 2.09

Record gold coins delivery by MCX

Slowdown, firm $ driving down cotton prices

Rise in most crops’ rabi acreage



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