AGRI-BIZ & COMMODITIES
COMMODITY EXCHANGES
MCX inks pact with AFET
Multi Commodity Exchange of India Ltd (MCX) and Agricultural Futures Exchange of Thailand (AFET) have signed an MoU to explore areas of co-operation and business opportunity of mutual benefit. The exchanges will work with the ...
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WHEAT
Uncertainty over Australian wheat crop size
India could be running the risk of a forced entry into the international wheat market at a time when global market conditions have begun to turn somewhat scary. While the northern hemisphere wheat crop is shaping up reasonably well and crop ...
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CLIMATE & WEATHER
Early monsoon onset, good July rains likely
Increasingly converging projections by various weather models suggest that this year, the southwest monsoon could break in earlier than normal, if forecast conditions are to hold and sustain as they have until now. The normal date of onset is ...
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PULSES
Hybrid pigeon pea could trigger revolution in pulses
New strain will yield 40-50% more than other varieties
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COMMODITIES
Costlier primary articles push inflation rate up over 6%
Wholesale Price Index of all commodities at 210.8
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RUBBER
Spot rubber drops on global cues
The declines in trend-setting global indices and the domestic fundamental factors continued to hammer rubber prices on Friday. In the physical front, RSS 4 declined to Rs 86 from Rs 87 and Rs 86.50 a kg respectively at Kottayam and Kochi. The ...
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EXIM POLICY
Thrust on farm products welcomed
The Confederation of Indian Industry (CII), Coimbatore Zone, has welcomed the thrust on hi-tech exports and agricultural products in the Annual Supplement to the Foreign Trade Policy announced by the Union Commerce and Industry Minister, Mr Kamal ...
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COCONUT & COPRA
Cocofest to create awareness on byproducts
The Coconut Development Board (CDB) is organising a national-level coconut festival, Cocofest 2007, in Thiruvananthapuram from May 3-6. The four-day festival, which will be held at Sooryakanthi fair ground, aims at creating awareness on the ...
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CASHEW
Value of cashew exports down
Raw nuts import rises
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TOBACCO
Tobacco institute working on alternative uses
Focus on producing anti-cancer drug from solanesol
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SPICES & CONDIMENTS
Pepper futures bounce back on Vietnam price surge
Pepper futures bounced back on Friday on reports of surge in Vietnam pepper prices. Prices had declined on Thursday on rumours but they could not be confirmed from any reliable sources. Vietnam was said to be offering 500 GL on Friday at $3,300 ...
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Record trading in pepper on NMCE
Pepper futures has set a new record in intra-day trading of Rs 457.09 crore at the National Multi-Commodity Exchange (NMCE) last week, improving upon its earlier record of Rs 340.44 crore turnover in a single day on February 1. The daily ...
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Quality problems
DROP IN PRICES: A worker drying ginger at a farm near Kothamangalam in Kerala. Dry ginger is facing trouble in the domestic market with prices decreasing. Despite enquiries from importers, poor quality has led to drop in exports. ...
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EXPORTS & IMPORTS
Wheat shipment from Pak arriving next week
14,500 tonnes contracted for imports till May-end
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