The Hindu Business Line : Friday, April 11, 2008

COMMODITY EXCHANGES
‘Futures trading being made scapegoat for price rise in commodities’
Mumbai, April 10 Mr B.C. Khatua, Chairman, Forward Markets Commission, has said “futures trading has become a newfound scapegoat for price rise in commodities.” Reacting to the manufacturers demand for a ban on steel futures ... More

CULTIVATION
Deccan Development gets organic product label
Farm produce with the label of organically grown are set to become more visible in the markets soon.The Hyderabad-based, Deccan Development Society (DDS), has received the first formal permission from the PGS Organic Council of India to ... More

FLORICULTURE
Different species
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RUBBER
Spot rubber stays steady
Kottayam, April 10 Spot rubber rates were almost steady on Thursday except for sheet rubber which weakened to Rs 106.50 from Rs 107 and Rs 106.75 a kg respectively at Kottayam and Kochi. The market showed some resistance at lower levels as ... More

TEA
Assam Co to launch 4 tea brands, tap CIS markets
Mulls using aromatic, medicinal herbs as flavouring agent in tea More

JUTE
Finishing touches
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POULTRY
Poultry traders to go by NECC rates for cull birds
Coimbatore, April 10 The Namakkal-based poultry producers have agreed to go by the farm-gate price set by the National Egg Co-ordination Committee’s Namakkal zonal committee for the cull birds to avoid price undercutting in the market. ... More

SPICES & CONDIMENTS
Periyar Pepper to be exported to Germany
Thiruvananthapuram, April 10 In amove aimed at empowering the tribals in the Periyar Tiger Reserve, four tonnes of pepper produced there through organic farming will be exported to Germany soon.A deal to the effect has been signed ... More

Turmeric futures tumble on arrival pressure
Mumbai, Apr 10 Sentiments improved in commodity futures market as the regulator Forward Markets Commission chairman Mr B.C. Khatua assured that none of the commodity will be delisted. Mustard seed futures topped the list of gainers on ... More

EXPORTS & IMPORTS
Indian importers default on palm oil contracts
Trying to get out of their obligation on fall in international prices More

OUTLOOK
Gold prices may scale new high in early 2009
New Delhi, April 10 The ongoing secular bull market for gold would sustain itself for at least three more years and the yellow metal would probably make a new high as one enters 2009, according to Mr Joseph M Foster, Portfolio Manager, Van ... More