The Hindu Business Line : Wednesday, December 20, 2006

CLIMATE & WEATHER
Easterly wave set to break dry spell in TN
The Southern peninsula will receive scattered rainfall over the next 2-3 days from an approaching easterly wave bearing the signature of storms rolling down the western Pacific over the past few days. Rain/thundershowers are likely at a few ... More

HORTICULTURE/FRUITS & VEGETABLES
ITC to open 54 Choupal Fresh outlets in 3 years
ITC Ltd on Tuesday said that it planned to expand its fruits and vegetable retail and wholesale business — Choupal Fresh — by opening 54 new outlets over the next three years. "We will set up 54 Choupal Fresh outlets in the coming ... More

RUBBER
Short supply seen lasting in rubber till 2020
Natural rubber will be in short supply during the next 14 years, according to a study by the International Rubber Study Group (IRSG). Though the difference between production and consumption would be 4 lakh tonnes in 2010, it might increase to 15 ... More

Rubber Board cautions growers against holding stocks
The sudden price hike in domestic rubber does not convey the real reflections of the market and it is the work of certain forces who create artificial spurt in prices for a short period with the intention of making immediate profits, the Rubber ... More

Rubber prices soften further
Physical rubber prices softened further on Tuesday. The covering groups and purchase agents were not interested in enhancing their commitments though the international indices finished higher. Arrivals are improving and a decline in global ... More

SUGAR
Sugar mills bullish on exports as global prices recover
But rates unlikely to touch $450 a tonne, say millers More

TN sugar industry unhappy about VAT law
Cane purchase tax retained at Rs 60/t; no input tax credit allowed More

OILSEEDS & EDIBLE OIL
Amrit Banaspati in restructuring mode
To hive off edible oil, paper units More

SPICES & CONDIMENTS
Pepper futures up on buying support
Pepper futures market moved up on buying support and reports of likely decline in production in India and some other origins. Besides, domestic industrial buying from the terminal market has also started. Those processing units, which urgently ... More

Declining trend
DESPITE SHORTFALL PROJECTIONS: A worker harvesting pepper at a plantation near Kalpetta in Kerala's Wayanad District. Global pepper prices, which showed a rising trend during July-October, fell sharply during November. This is despite projection ... More

AGRICULTURAL POLICY
Centre to fix tariff value for arecanut imports
Plans to set up quality certification agency More

REGULATORY BODIES & RULINGS
PAN must from April 1 to trade in futures
The Forward Markets Commission has made compulsory the declaration of permanent account number (PAN) for clients while registering with brokers. The FMC stipulation is effective April 1, 2007. Clients already registered with brokers and who ... More

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Dec. 10-Dec. 16
High cereal prices hitting poor countries: FAO

Dip in pepper futures prices likely to help investors

World sugar prices to stay soft: FAO

Milk output poised to top 100 m tonnes

International accreditation for Amul's plants

Ban only on fund-based portfolio management services: FMC

US court rules against bond requirements for shrimp imports

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