AGRI-BIZ & COMMODITIES
COMMODITY EXCHANGES
Trading on Energy Exchange will help realise better price discovery
‘Has advantage of transparency, counterparty guarantee and anonymity’
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CLIMATE & WEATHER
Cold snap prompts frost alert in North-West
Thiruvananthapuram, Jan. 11 Minimum temperatures over North-West India and Rajasthan have tumbled by up to 4 degree Celsius as the prevailing western disturbance moved away to the east-northeast, bringing in its wake the cold northwesterlies. ...
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COMMODITIES
Inflation rate unchanged on cheaper food items
Wholesale Price Index of all commodities up at 216 points
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RUBBER
‘Allow duty-free import of 1 lakh tonnes rubber’
Industries body seeks removal of commodity from futures trading list
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Spot rubber rules steady
Kottayam, Jan. 11 Spot rubber was steady on Friday. The undercurrent appeared weak. According to sources, the prices sustained at the quoted levels as there were no quantity sellers in the main marketing centres. Sheet rubber closed flat at Rs ...
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SUGAR
‘Oil firms can make ethanol from cane juice’
Will have to establish new mill or take over existing ones
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TEA
Prices steady at Kochi tea auctions
Kochi Jan. 11 Good general demand steadied prices at the Kochi Tea Auction where popular CTC dust varieties reigned at last week’s levels, while medium and plain CTC quoted higher. High grown orthodox dust was steady to dearer, while ...
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GOLD & SILVER
Gold scales to new high near $900
Mumbai, Jan. 11 Gold and silver prices continued to scale new highs essentially on interest rate cut talks in the US.While gold moved towards the much expected $900 an ounce price, silver zoomed to $16.28/oz. Gold prices in the ...
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FOODGRAINS
Pawar urges States to step up farm output
Kolkata, Jan 11 The country runs the risk of becoming a net importer of foodgrains if the States do not take steps to increase production and productivity of foodgrains, cereals, oilseeds and pulses, said Mr Sharad Pawar, Union Minister for ...
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COTTON
Cotton board pegs output at 310 lakh bales
Mumbai, Jan 11 Cotton production in the country is expected to be 11 per cent higher at 310 lakh bales (of 170 kg) in current 2007-08 (October-September) against 280 lakh bales (lb) last year, according to the Cotton Advisory ...
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OILSEEDS & EDIBLE OIL
Soya futures up on global cues
Mumbai, Jan 11 Pepper futures went up 2.94 per cent to Rs 14,520 per quintal after a correction in last two sessions. Rapeseed/mustard seed prices rose 1.83 per cent to Rs 488 per quintal on renewed buying interest.Soyabean and soya oil ...
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TOBACCO
India to export tobacco to China after 12 years
It will provide an important market outlet to growers, traders
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SPICES & CONDIMENTS
Pepper futures rebound on speculation
Kochi, Jan. 11 Pepper futures market bounced back on Friday on speculative activities after declining on bearish operations during the past couple of days.Exporters who wanted coverage were trying to push the prices down, market sources ...
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Cloves’ prices rise 25% as arrivals fall in Brazil
Kochi, Jan. 11 Export prices of cloves in Brazil have soared by 25 per cent this week following decline in arrivals at the market there.Latest reports, according to information made available to Business Line by the ...
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COMMODITY MARKETS
Lecture on commodities in futures
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EVENTS
National meet on oil palm
A national conference on oil palm will be held here from February 2 to February 4 by the Society for Promotion of Oil Palm Research and Development (SOPOPRAD) in association with the National Research Centre for Oil Palm under the Ministry of ...
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CO-OPERATIVES
Tax shelter for co-operative societies
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TRENDS
Farmers obstruct KSEZ officials
Farmers of Sriramapuram village in Kakinada rural mandal on Friday obstructed the officials of the Kakinada Special Economic Zone (KSEZ) officials, when the latter went to the village to demarcate its boundaries. Some anti-SEZ activists ...
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