The Hindu Business Line : Saturday, December 29, 2007

RICE
TN civil supply body cautions against rice exports
Thanjavur, Dec. 28 The Tamil Nadu Civil Supplies Corporation Employees Association has appealed to the Union Government to stop the export of rice, which may result in deficit of rice in the country, particularly in Tamil Nadu. In a ... More

CULTIVATION
Rabi sowing sees drop in coverage of major crops
Wheat, oilseeds area show decline; urad, moong hold promise More

COMMODITIES
Inflation rate drops on cheaper fruit, vegetables
Wholesale Price Index for All Commodities at 215.6 points More

RUBBER
Panel set up to review rubber exports
Kottayam, Dec. 28 A sub committee has been constituted by the Rubber Board to review the progress of rubber export and supervise the steps to enhance the export. The decision was taken at a meeting of exporters convened by the Rubber ... More

Covering buys keep spot rubber firm
Kottayam, Dec. 28 The physical rubber prices closed flat on Friday. The market was sluggish on early trading as global signals were bearish but regained the losses towards close on covering purchases. Sheet rubber finished unchanged at Rs 94 ... More

SUGAR
Ranjit Puri is new ISMA President
Mr Ranjit Puri, Chairman of Saraswati Sugar Mills Ltd, has been elected President of the Indian Sugar Mills Association. He succeeds Mr P. Rama Babu, Managing Director of E.I.D. Parry (India) Ltd. Mr Samir S. Somaiya, Executive Director, Godavari ... More

TEA
Tea exporters’ earnings down
Coonoor, Dec 28 Tea exporters have earned Rs 312 crore less in the first 10 months of 2007 compared with the same period a year ago, an analysis of the information available with the Tea Board reveals.Between January and October 2007, ... More

DAIRY & DAIRY PRODUCTS
Amul milk procurement crosses 100 lakh kg per day
New Delhi, Dec. 28 The Gujarat Cooperative Milk Marketing Federation Ltd (GCMMF or ‘Amul’) has crossed a landmark, with its member unions procuring 100.2 lakh kg per day (LKPD) of milk on December 27. This is the first time ... More

Gujarat dairies to pay less for milk
Ahmedabad, Dec. 28 With the Assembly elections over and the Narendra Modi government reinstalled in Gujarat, many of the cooperative milk producers would now be getting less procurement prices for their produce but the end-user would have to ... More

OILSEEDS & EDIBLE OIL
Oil complex tracks bullish global markets
Mumbai, Dec 28 Tracking the firm international market, soyabean, soya oil and mustard seed futures on NCDEX displayed bullish sentiment on Friday.Soyabean for May delivery tested fresh life time high of Rs 2,126 per quintal. The January ... More

COFFEE
‘Increase domestic offtake of coffee’
New rust disease tolerant Arabica variety ‘Chandragiri’ released More

SPICES & CONDIMENTS
Chilli exports gain on global shortage
Spices shipment increases 26% during April-Nov More

Cut in margin value props up pepper futures
Kochi, Dec. 28 Pepper futures market on Friday moved up on bullish activities following reduction in the margin to 5 per cent from 10 per cent of the contract value.NCDEX has issued a circular saying that all the commodities future ... More

EVENTS
Agri meet
More

OUTLOOK
Bullish trend in agri commodities to continue
Outlook negative for sugar but positive for wheat, edible oils More

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