Business Daily from THE HINDU group of publications
Friday, November 24, 2006
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Agri Prices (Nov. 22)
Sugar S301705 (1711)
Ground ready580
Coconut oil ready5450
Pepper garbled ready10900 (11000)


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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES
MCX to roll out spot exchange in January
1st phase launch in Gujarat, West Bengal & Kerala More

NCDEX to launch futures in barley
NCDEX will be launching futures contracts in barley next month. It has received approval from the Forwards Market Commission for this, said an exchange official. NCDEX will be the first exchange to launch futures contracts in the commodity. ... More

RICE
Lower coverage
DESPITE RISE IN PRICES: A farmer sowing paddy on his field near Thrissur, Kerala. Despite prices for rice increasing, the area under paddy is lagging behind during the current rabi season. Till now, 370.59 lakh hectares have been covered under ... More

SEEDS
`India may emerge as seed production hub'
Rabobank study sees potential in South, South-East Asia More

AQUACULTURE
EU team visits Vizag fishing harbour, seafood units
Visit significant as EU is main seafood importer now More

INSIGHT
GM rice: Grains of disaster
India would be committing `hara-kiri' in its niche Basmati market, if it makes the blunder of creating suspicion among EU importers that Indian rice is contaminated with GM rice. More

RUBBER
Rubber goods sector seeks review of all dumping levies
Growing output-usage gap in raw goods forces imports More

Spot rubber declines sharply
Despite major Japanese markets were closed on a holiday, the domestic rubber prices fell sharply on buyer resistance. According to sources traders reacted more closely to the international prices, which fell below Rs 70 levels. Sheet rubber ... More

SUGAR
Simbhaoli plans Rs 423-cr expansion
Buoyed by the good sugar season, the Rs 600-crore Simbhaoli Sugar Ltd plans to invest Rs 423 crore in overall expansion including a new sugar factory in Ghaziabad, Uttar Pradesh. The new investment will also augment the crushing capacity at its ... More

TEA
2nd highest volume at Coonoor tea sales
The volume continues to be huge at the auctions of the Coonoor Tea Trade Association (CTTA). For the 47th sale to be held on this week, a volume of 14.65 lakh kgs has been catalogued. This is the second highest volume so far offered this year. ... More

SILK
Silk Board allays fears over opening up of seed production
`Objective to ensure sufficient quantity of quality, certified seeds for the farmers' More

AGRICULTURAL POLICY
Kerala to speed up farmers' loans write-off
The Kerala Government is taking steps to speed up the writing off of loans taken by farmers who later committed suicide. The Chief Minister, Mr V.S. Achuthanandan, has instructed the officials concerned to take urgent measures to write off the ... More

COMMODITY MARKETS
Spot trading may be more complex
While none of the commodity exchange has so far projected a clear picture of the proposed spot agri-commodity markets, preliminary information suggests that participation in spot trading would involve far more complicated procedures than the ... More

EVENTS
Marine products event to evolve growth strategies
Chennai to host `Indaqua' in January More






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Top Stories
MCX to roll out spot exchange in January

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Indian pepper cheapest in October



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