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Thursday, February 12, 2009
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AGRI-BIZ & COMMODITIES

INVESTMENTS: ICE writes down $16 m investment in NCDEX
Mumbai, Feb. 11 Atlanta-based Intercontinental Exchange (ICE) has made a $16-million charge to write down in the value of its 8 per cent stake in the National Commodity and Derivatives Exchange ...

SUGAR: Jaggery turning sweeter than cane for farmers
Shortfall in major producing regions, good demand. Visakhapatnam, Feb. 11 Jaggery is sweeter than sugar to the sugarcane farmers in the areas surrounding Anakapalle in Visakhapatnam district of Andhra Pradesh, as the prices are quite encouraging ...

HORTICULTURE/FRUITS & VEGETABLES: Development platform
...

WHEAT: Wheat output may match record
NCDEX plans for marginal farmers. Kolkata, Feb. 11 The National Commodity & Derivatives Exchange is looking at facilitating marginal farmers to participate in future trading of farm products through intermediary agencies, Mr Unupom Kaushik, ...

PULSES: Annual pulses consumption may drop to 10 kg a person
Chennai, Feb. 11 The average consumption of pulses by individuals in the country could fall to 10 kg a year by 2010 on continuous decline in production and rise in their prices, a paper prepared jointly by the Assocham and Agri Watch ...

EVENTS: Mangalore to host Matsya Mela from Feb 13 to 15
Mangalore, Feb. 11 In an effort to spread awareness about the importance of fish, the College of Fisheries, Mangalore – in association with National Fisheries Development Board, Hyderabad, and Karnataka Department of Fisheries – ...

RUBBER: Spot rubber ends flat on dull trading
Kottayam, Feb. 11 Spot rubber prices finished flat on Wednesday. The market activities were in a dull pace as there were no quantity sellers or buyers in the main marketing centres to set the ...

PLANTATIONS: Recession pulls down cocoa products sale
The pinch of economic slow down is felt in the sales of cocoa's end-products mainly in south Indian rural ...

SPICES & CONDIMENTS: Pepper futures drop on liquidation
Kochi, Feb. 11 Pepper futures market fell sharply on heavy liquidation by investors on Wednesday with the contracts dropping by above Rs 300 ...

TEA: Volume at Coonoor tea auctions up
An analysis of the catalogues of brokers reveals that a volume of 10.49 lakh kg has been catalogued for Sale No: 7 of the auctions of Coonoor Tea Trade Association (CTTA) to be held on Thursday and Friday. This is some 24,000 kg more than ...

COMMODITY EXCHANGES: MCX-SX’s Marathi Web site
MCX Stock Exchange, the currency futures exchange promoted by Financial Technologies and MCX, has launched its fifth regional website in Marathi. The exchange also has websites in other regional languages such as Hindi, Gujarati, Tamil ...

Columnists: G Chandrashekhar Sharad Joshi




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Markets (Feb 11)
Nifty (at close)2,925.70(-8.80)
US Dollar (Buy/Sell)48.68/70
Brent crude (a bbl) Rs2,244
Gold (a gram) Rs1,334
Silver (a kg) Rs22,440


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