The Hindu Business Line : Tuesday, October 07, 2008

AGRI-BIZ & COMMODITIES

COMMODITY MARKETS: Crude drops below $90 as commodities fall across the board
Gold provides the silver lining, rising over 4% as investors look for safe haven. Chennai, Oct. 6 “Sky is falling – sell sky!” On Monday, Reuters Metals Insider columnist Andy Home was thanking a London local for digging out ...

EXPORTS & IMPORTS: Mills can have custom grown wheat from Down Under
Can enter into contract farming, long-term agreements. Chennai, Oct. 7 With Australia ending the monopoly of AWB Ltd from July 1 this year, Indian roller flour mills can now custom grow wheat ...

CLIMATE & WEATHER: Westerly system to bring down mercury
Thiruvananthapuram, Oct 6 The rain activity over east and northeast India is forecast to continue for three more days even an incoming western disturbance dropped anchor over Jammu and Kashmir on ...

SPICES & CONDIMENTS: Pepper futures crash; exporters keep away
Kochi, Oct 6 The pepper futures market crashed for the second day on Monday on bearish activities. “The bears are pulling down the market by their muscle power even when the fundamentals remain unchanged,” trading sources alleged. ...

SPICES & CONDIMENTS: Cardamom prices decline on heavy arrivals
Kochi, Oct 6 Cardamom market witnessed marginal decline during last week on increased arrivals and inactive export enquiries at the auctions held in Kerala and ...

COMMODITY MARKETS: Freight fall may not benefit commodity imports
Mumbai, Oct 6 The fall in freight rates is unlikely to benefit commodity imports due to significant depreciation in value of rupee against ...

TEA: CTC rates dearer at N. Indian tea auctions
Kolkata, Oct. 6 Last week, the CTC teas at north Indian auctions sold readily at fully firm to dearer rates, according to tea auctioneers. Western India dealers were active for liquoring categories, while other internal sections operated. ...

HORTICULTURE/FRUITS & VEGETABLES: Indian mangoes may enter Australia next summer
Indian mangoes are likely to hit the Austrlian shores next summer of both the nations come to an agreement on the regulations for import ...

RUBBER: Spot rubber drops to Rs 100/kg
Kottayam, Oct. 6 Rubber prices made heavy losses on Monday. The domestic mood was visibly bearish as the rubber futures came under unabated selling on Tokyo Commodity Exchange with its most active contracts from November to March hitting ...

AGRICULTURAL INSTITUTIONS: Nabard mulls micro cover for rural poor
A comprehensive micro insurance product for the rural poor is being worked out, according to Mr K.G. Karmakar, Managing Director, National Bank for Agriculture and Rural ...

TEA: Coonoor tea market witnesses correction
Coonoor, Oct. 6 As the market was closed for Gandhi Jayanthi day, Sale No. 40 of the auctions of Coonoor Tea Trade Association (CTTA) was extended to the weekend. Prices fell by Rs 5 on the average as market looked for correction with ...