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Saturday, June 28, 2008
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Agri Prices (June 27)
Sugar S301460 (1460)
Ground ready735 (725)
Coconut oil ready6540 (6550)


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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES
India’s first electricity bourse starts operations
New Delhi, June 27 The country’s first electricity bourse — the Indian Energy Exchange Ltd (IEX) — commenced operations on Friday. IEX is jointly promoted by Financial Technologies (India) Ltd and PTC India Ltd. The ... More

CLIMATE & WEATHER
Rain surplus depletes to 26%
Rainfall surplus for the country as a whole has depleted to 26 per cent as on Wednesday from a 19-day-high of 45 per cent a week ago, as the monsoon withered along the west coast during the intervening period. Lack of a trigger mechanism in ... More

CULTIVATION
Step-up in kharif sowing augurs hope on inflation
Monsoon rains, remunerative prices prompt farmers to plant more More

COMMODITIES
Inflation rises to 11.42%
New Delhi, June 27 The Wholesale Price Index-based inflation shot up further to 11.42 per cent during the week ended June 14, up from the previous week’s annual rise of 11.05 per cent. The latest rise in the year-on-year inflation ... More

FERTILISERS
Farmers’ plea
Nagapattinam, June 27 Farmers in the Cauvery delta region of Nagapattinam district on Friday requested the Collector to take steps to ensure adequate supply of fertilisers through primary agricultural co-operative societies and private ... More

RUBBER
Spot rubber hits Rs 130/kg
Kottayam, June 27 Spot rubber made a smart come back on Friday. The domestic supply concerns and sharp gains in global futures fuelled the sentiments of the day. RSS 4 moved up to Rs 130 a kg from Rs 128 a kg as covering groups remained ... More

TEA
B K Birla Group’s Jay Shree Tea acquires Jayantika Tea
Kolkata, June 27 Jay Shree Tea & Industries Ltd, belonging to the B K Birla Group, has acquired Jayantika Tea Co Ltd having a tea estate in Dooars. Sharing this at the company’s annual general meeting here on Friday, Mrs ... More

30% drop in Darjeeling tea output this year
Weather woes, Gorkhaland crisis affect production More

Firm trends continue at Kochi tea auction
Kochi June 27 Firm trends persisted at the Kochi Tea Auction with prices of both leaf and dust grades moving up. Finer CTC dust grades witnessed better demand from blenders and the domestic market. There was good demand for orthodox leaf from ... More

WATER
Water harvesting network mooted for rainfed agriculture
‘Coimbatore declaration’ moots region-specific water use models More

GOLD & SILVER
MCX ‘gold guinea’ volume touches Rs 10 cr
The newly launched futures trading in gold guinea (8 gm gold coin), on Multi Commodity Exchange of India Ltd (MCX), seems to be a hit with average daily volume touching Rs 10 crore in the first month itself.A month ago, MCX launched ... More

COIR
Lankan team visits Coir Board office
Kochi, June 27 An official delegation from Sri Lanka, headed by Dr Padma Ratnayake, Executive Director, South Asia Partnership, visited the Coir Board and held discussions with senior officials. She was accompanied a 12-member team ... More

COMMODITY MARKETS
Soya futures gain on record crude price
Mumbai, June 27 While the international crude oil prices are on the boil, crude futures on MCX hit a record high of Rs 6,094 per barrel. MCX crude futures reflect the price movements in West Texas Intermediate (WTI) traded on New York ... More

WTO
Seminar on WTO impact on seafood
Recognising the importance of WTO regulations on the seafood trade, the Society of Fisheries Technologists (India) is organising a one-day national seminar on WTO and its impact on Indian seafood trade here on Saturday in collaboration with ... More

EXPORTS & IMPORTS
Is ban on non-basmati rice exports being flouted?
Signs of containers being shipped out from Mumbai, Kakinada More






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