The Hindu Business Line : Tuesday, January 23, 2007

COMMODITY EXCHANGES
FMC plans fresh set of investment norms
The Forward Markets Commission (FMC), a regulatory authority under the Ministry of Consumer Affairs and Public Distribution, is set to come up with new guidelines to pave way for investments, including by FIIs and mutual funds. Alongside, the ... More

Pulses futures get fresh life
Near contracts of urad, chana hit upper ceiling More

INSIGHT
COMMODITY COMMENTARY
Worried government to review vegetable oil prices
Food Secretary to meet industry, trade representatives today More

FLORICULTURE
Japan turns fragrant for cut flower exports
India replaces Holland as 2nd largest supplier More

RUBBER
Spot rubber prices toe global uptrend
Reacting favourably to the bullish international indices, domestic rubber prices improved on Monday. In the spot market, RSS 4 moved up to Rs. 98 and Rs 97.50 a kg, respectively at Kottayam and Kochi from Rs 97 a kg on Saturday. The market ... More

TEA
Tea offerings at Coimbatore sales decline
The just-ended week registered a steep decline in tea offerings with the volumes plunging to 5.89 lakh kgs from 7.28 lakh kgs the previous week. While the dust volume was more or less at the same level at 3.16 lakh kgs, tealeaf offerings fell to ... More

FINANCIAL PERFORMANCE
Kohinoor Foods PAT up 46 pc
Basmati rice major Kohinoor Foods Ltd has announced a 46.18 per cent increase in its profit after tax (PAT) to Rs 8.04 crore for the quarter ended December 31, 2006 against Rs 5.50 crore during the corresponding quarter of ... More

METALS
Customs duty on cement, metals cut
With a view to reducing the cost of manufacturing and encouraging infrastructure development, the Government has decided to reduce customs duty on cement, various raw materials and capital goods. The customs duty on Portland cements had been ... More

CASHEW
Cashew exports drop in value
Imports of raw nuts increase More

SPICES & CONDIMENTS
Demand to fix higher MSP for turmeric
Stating that there was a decline in production and drop in price of turmeric in Andhra Pradesh, leading to hardships for the farmers, the Swadeshi Jagran Manch (SJM) has demanded a series of steps, starting with the announcement of a minimum ... More

Uptrend in pepper futures
Pepper futures continued their upward trend on good buying support. The selling pressure was less, while arrivals at the terminal market failed to pick up. Meanwhile, investors who were selling far-month positions were buying NCDEX delivered ... More

OUTLOOK
Chilli, sesame growers urged to hold on to stocks
The Tamil Nadu Agricultural University's (TNAU) domestic and export market intelligence cell (Demic) has come out with its price forecast for the new gingelly and chilli crops that will hit the market during January-March. The forecasts were ... More

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