AGRI-BIZ & COMMODITIES
WHEAT
Wheat prices continue to scale new highs
Futures at discounts on fears of quality problems
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CLIMATE & WEATHER
Easterlies' impact felt on coastal TN
Easterly waves in the South have flourished in tandem with the varying moods of the moisture-rich global band of `low' in the Inter Tropical Convergence Zone. The waves carry most of their weather in front, and satellite imageries reveal that ...
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SEEDS
Of virus, seeds, patents, competition
The contentious area of TRIPs Agreement about patenting of seeds, which relates to food security, and medicines, impacting the health sector, has not been addressed yet.
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INSIGHT
Deriving the commodity advantage
"Cars to be dearer soon" is an oft-heard refrain in the media. Such decisions are attributed to the rising input costs, mainly raw materials, such as iron, steel, and copper. Given the indigenisation ...
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RUBBER
Supply concerns emerge in rubber
Sheet rubber closed flat at Rs 80 a kg both at Kottayam and Kochi on supply concerns. Certain major manufacturers were reported to be buyers on the grade. The market seemed to be sustaining at current levels due to the shortage of rubber in the ...
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TEA
Higher tea volume on offer at Coonoor sales
A huge volume of 15.24 lakh kgs has been catalogued for the auctions of the Coonoor Tea Trade Association this week. This is the highest volume so far this year. The previous high was 14.36 lakh kgs offered at the auctions on November ...
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Tea prices rule easy at Coimbatore
The total tea offerings this week amounted to 7.26 lakh kg, of which leaf grades accounted for 3.57 lakh kg and the rest of it was the dust. There was fair demand for the orthodox leaf. Shippers to the CIS countries operated on the leaf grades ...
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GOLD & SILVER
Gold eases back on profit-taking
After surging to nearly $630 an ounce on the back of speculation that China might buy gold as part of foreign exchange asset diversification, the market has eased back as expected. Despite weaker-than-expected US economic data, the metal is now ...
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METALS
Rising zinc prices cause concern to steel units
Centre urged to formulate policy initiatives to curb hikes
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COTTON
Super Spinning plans foray into organic cotton cultivation
To go in for tribal farm tracts in Orissa, TN
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JUTE
Swarnandhra jute mill begins production
Swarnandhra Jute Mills Pvt Ltd, set up at Pydhibheemavaram village in Srikakulam district at a cost of Rs 10 crore, started commercial production on Wednesday. The mill was inaugurated by Mr Mullapudi Harischandra Prasad, Chairman of Andhra ...
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OILSEEDS & EDIBLE OIL
Citigroup Venture to buy stake in K.S. Oils
Citigroup Venture Capital International Growth Partnership Mauritius Ltd, an investment company, will acquire 32,91,656 equity shares of K.S. Oils Ltd at a price of Rs 180 per share for a total investment not exceeding Rs 59.24 crore. The ...
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SPICES & CONDIMENTS
Cardamom prices move up
Buying support from North
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Buying interest buoys pepper futures
Pepper futures market moved up on buying support on Thursday. November contract on NCDEX went up by Rs 193 a quintal to close at Rs 10,715. The increase in other positions was from Rs 78 to Rs 188 a quintal. On NMCE, November contract matured ...
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In great demand
PRICES SURGE: Cumin seeds being packed at a retail shop in Kochi. Owing to its diverse use, 90 per cent of the nearly two lakh tonnes of cumin produced in the country is absorbed in domestic market, making India its biggest consumer. Demand, ...
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EVENTS
Flawed economic policies blamed for agrarian crisis
Leading agro-economist Ms Utsa Patnaik has blamed wrong economic policies followed by successive governments for the agrarian crisis in the country. Delivering the keynote address at a seminar here, Ms Patnaik, a professor at the Jawaharlal ...
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`Farm growth vital to reduce poverty'
Agricultural growth has a multiplier effect in reducing poverty. In sub-Saharan Africa, a 10 per cent increase in yields brings a 9 per cent decrease in the number of people living on less than $1 a day, according to Dr William ...
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