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AGRI-BIZ & COMMODITIES
FOODGRAINS:
Corn prices seen gaining on continuing demand
Consumption as feedstock for ethanol production to pressure supply. Chennai, July 18 Continued strong demand for coarse grains, especially corn as feedstock for ethanol production, is likely to cast upward pressure on global coarse grain ...
CULTIVATION:
Rains, price trends favour North in kharif sowing
West & South see shrinkage in acreage. New Delhi, July 18 With the monsoon playing truant south of the Vindhyas this time, a clear pattern pointing towards a regional divergence of agricultural fortunes is emerging. ...
CLIMATE & WEATHER:
Pacific typhoon pestering monsoon system
Thiruvananthapuram, July 18 A west Pacific typhoon named Kalmaegi raging over the past two days has been the latest drag on the Indian monsoon which finds a surge from the southwest coast faltering. ...
TEA:
Firm trend at Kochi tea auction
Exporters evinced keen interest in clean black dust tea varieties at the Kochi Tea Auction. Orthodox dust tea also generated good enquiry from exporters. Major blenders, interstate operators and local participants were active in the dust sale. ...
RUBBER:
Spot rubber prices firm on supply fears
Kottayam, July 18 The rubber prices were firm on Friday. Supply concerns continued to haunt the main marketing centres and it was difficult to find out quantity sellers even at higher levels. ...
REGULATORY BODIES & RULINGS:
FMC suspends Chennai-based co
The commodity market regulator Forward Markets Commission (FMC) has suspended Chennai-based Altos Advisory Services Pvt Ltd and prohibited it from entering into any forward contracts for the sale or purchase in its own name or through another ...
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