AGRI-BIZ & COMMODITIES
COMMODITY EXCHANGES
NCDEX completes first demat delivery
THE National Commodity & Derivatives Exchange Ltd (NCDEX) has successfully facilitated the first settlement of trade in demat form for commodities on February 24. NCDEX is the first to pioneer the concept of delivery of commodities through the ..
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RICE
Kohinoor basmati to be available on Amazon.com
SATNAM Overseas Ltd, which markets the `Kohinoor' brand of basmati rice and products, has tied up with the leading e-commerce site, Amazon.com, to sell its entire range of food products online. The company will sell its traditional range of one ...
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RUBBER
Rubber market hits new high
THE rubber market scaled a new high for current season on Wednesday. The covering groups and purchase agents continued to chase the narrow arrivals while the exporters appeared to be inactive compared to the previous sessions. Rubber futures ...
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SUGAR
Maharashtra hikes sugar export subsidy
THE Maharashtra Government has decided to give a subsidy of Rs 250 per quintal for exports to the State sugar co-operative mills for the current season (2003-04), from November 1, 2003, official sources said. This will be given in addition to ...
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GOLD & SILVER
Mumbai Customs sells 3,671 kg seized silver
FOODGRAINS
Non-availability of ships hits corn exports
CORN (maize) exports from the country have slowed down as global buyers are delaying taking delivery of their consignments due to non-availability of ships. On the other hand, a higher aflatoxin level is proving to be a deterrent in entering ...
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COTTON
Cotton industry facing shortage of quality seeds
THE country is facing a shortage of certified seeds of high quality cotton varieties. According to Mr P.D. Patodia, Chairman, Standing Committee on Cotton, ICMF-CDRA, the total requirement of seeds is 4.2 lakh quintals and the availability of ...
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OILSEEDS & EDIBLE OIL
S. America slowly challenging US dominance in soya output
SOUTH America, represented principally by Brazil and Argentina, and to a lesser extent by Paraguay, has in recent years been providing stiff competition to the US in both production and export of soyabean and derived products, and the trend is ...
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Palm oil tech analysis training
MUMBAI: A one-day training programme on applying technical analysis to forecast edible oil prices will be held in Kuala Lumpur on March 2, ahead of the annual palm oil price outlook conference. Organised by the Hyderabad-based TransGraph ...
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SPICES & CONDIMENTS
Domestic demand, high price continue to mar spices export
THE downward trend continues in export of spices from the country with the decling touching Rs 280 crore during April - January of the current fiscal. Given the situation, total exports during the current fiscal are certain to remain far below ...
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TRENDS
Vizag farmers storm Collectorate, stage demo
FARMERS from Atchyuthapuram mandal in Visakhapatnam district stormed the Collectorate here on Wednesday and staged a demonstration seeking enhancement of compensation for lands identified for acquisition for setting up a special economic zone. ...
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