The Hindu Business Line : Saturday, January 10, 2009

AGRI-BIZ & COMMODITIES

COMMODITIES: Inflation rate dips on cheaper primary items
Wholesale Price Index of all commodities at 229.5. New Delhi, Jan 9 The annual Wholesale Price Index-based inflation rose 5.91 per cent during the week ended December 27, slower than the previous week’s annual rise of 6.38 per cent, with ...

COTTON: Global cotton offtake may decline 11% this year
‘Spinning sector business confidence at rock bottom’. Chennai, Jan. 9 With the climate in the yarn market deteriorating further, global cotton consumption is likely to decline by 11 per cent during the current cotton season ending ...

COMMODITY EXCHANGES: MCX launches futures trading in electricity
Day One response lacklustre but expected to pick up. Mumbai, Jan. 9 Multi Commodity Exchange has launched futures trading in electricity for the first time in India. Globally, Nordpool in Sweden, Norway, Finland and Denmark, Inter Continental ...

TEA: Duncans unveils Darjeeling variants
Duncans Tea, part of the Rs 2,000-crore Duncan-Goenka Group, has entered into the super premium tea category with the launch of two Darjeeling tea variants – Duncans Darjeeling Tea and Indian Treasure. Duncans Darjeeling is priced at Rs ...

CASHEW: ‘Time running out for cashew board’
Kochi, Jan. 9 The creation of a Cashew Development Board can become a reality only if the Government gets a Bill passed to this effect in the last session of Parliament as the term of the present Government is nearing an ...

TEA: Frost may hit TN, Kerala tea output
Kochi, Jan. 9 The severe cold conditions prevailing in the Nilgiris and the high ranges of Kerala from late December are likely to pull down the regions’ tea production, as tea plants in about 2,400 hectares spread over these two ...

TEA: Against odds
...

AQUACULTURE: Rs 10-cr projects for fisheries research
Mangalore, Jan. 9 The Karnataka Veterinary, Animal and Fisheries Sciences University has got more than Rs 10-crore-worth research and development projects under the Rashtriya Krishi Vikas Yojana (RKVY), according to Dr Y. Basavaraju, ...

SPICES & CONDIMENTS: Pepper futures drop on selling pressure
Kochi, Jan. 9 Pepper futures on Friday dropped on weak demand and arrivals of new crop at the ...

RUBBER: Spot rubber improves on global trend
Kottayam, Jan. 9 The physical rubber prices improved on Friday. The market showed signs of recovery following a positive closing in the global and domestic rubber futures. Sheet rubber moved up to Rs 72 from Rs 70.50 a kg on covering ...

TEA: Prices rule firm at Kochi tea auction
Kochi Jan. 9 Firm price trends were evident at the Kochi Tea Auction which had high dust tea arrivals as against low arrivals at the leaf tea auction. Major blenders were selective at the dust auction, while loose tea trade lent fair amount ...

Columnists: • G Chandrashekhar • Sharad Joshi

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Markets (Jan 09)

Nifty (at close)	2,873.00(-47.40)
US Dollar (Buy/Sell)	48.30/31
Brent crude (a bbl) Rs	2,224
Gold (a gram) Rs	1,229
Silver (a kg) Rs	18,290

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