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AGRI-BIZ & COMMODITIES

AGRICULTURAL POLICY: Rates of 7 farm products rule below support price
Bulging stocks, lower demand for exports. Chennai, April 5 At least seven agricultural commodities’ prices are ruling below the minimum support price (MSP) fixed for them by the Centre for the current crop year ending June. A few other ...

COTTON: Cotton exports look up on currency movement, duty sops
Doubts over hitting 50 lakh bales target due to weak global demand. Mumbai, April 5 The five per cent duty incentive and rupee depreciation against the dollar seem to have revived cotton exports in the last ...

COMMODITIES: Tide may be turning for commodities; metals vulnerable
Crude moves up to higher trading range. The worst may not be over for the world drowning in the deep sorrow of financial crisis, market meltdown and economic recession; but the overall economic sentiment is seen turning positive following a ...

COMMODITY MARKETS: NCDEX says SGF intact; denies fund diversion
Mumbai, April 5 NCDEX has assured that the Settlement Guarantee Fund of Rs 5.05 lakh is intact and not diverted as alleged by the market regulator Forward Markets Commission (FMC) in its order ...

SPICES & CONDIMENTS: Cumin exports surpass target
Shipments in April-Feb period up in value, volume terms. Kochi, April 5 Squeeze in supply from other origins due to crop failure has pushed up exports of cumin from India to a record, with the shipments from April-February 2008-09 surpassing the ...

TECHNICAL ANALYSIS: Gold futures may consolidate
Gold futures, ended lower, as risk aversion receded on the back of the G-20 leaders summit. Also, a less-grim-than-feared March jobs report sustained optimism over a global economic recovery, which has curbed demand for safe ...

EVENTS: Global meet on natural fibres in Mumbai
As part of the International Year of Natural Fibres 2009, the Indian Council of Agricultural Research (ICAR) is organising an in international conference at the Mumbai-based Central Institute for Research on Cotton ...

COMMODITY MARKETS: CFTC looking at tightening of swap deals
The commodity futures market regulator in the US, the Commodity Futures Trading Commission (CFTC) has begun an exercise which may culminate in further tightening of regulations for many kinds of ...

SPICES & CONDIMENTS: Uptrend continues in pepper futures
Kochi April 5 Indian pepper prices have shown strong upward move on good domestic demand and entry of market operators during the week. Prices of all the contracts shot up during the ...

COIR: Giving coir fibre the long rope…
THIRUVANANTHAPURAM: “In many developing countries, proceeds from the sale and export of natural fibres contribute significantly to the income and the food security of poor farmers and those working in fibre processing ...

TEA: New offerings meet with strong demand at CTC auctions
Kolkata, April 5 Last week, in the CTC auctions, new season offerings met with strong demand from local and internal sections and sold at levels considerably higher than the previous year, according to J Thomas & Company, the tea ...

TEA: Vigneshwar Estate creates record in Coonoor tea sale
Vigneshwar Estate Tea Factory, Aravenu, created a new price-record at the auctions of Coonoor Tea Trade Association (CTTA) when its SRD speciality grade, which had won a Golden Leaf Award in the 2009 India International Tea Convention, fetched ...

HORTICULTURE/FRUITS & VEGETABLES: ‘Lime farming totally neglected’
Though amongst the lime-producing countries of the world, India, occupies pole position in terms of area under its cultivation ( two lakh hectares), it is Mexico that emerges as the largest producer of the ...


Columnists: G Chandrashekhar Sharad Joshi




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Markets (April 4)
Nifty (on April 2)3214.15(+153.80)
US Dollar (Buy/Sell)50.34/35
Brent crude (a bbl) Rs2,637
Gold (a gram) Rs1,371
Silver (a kg) Rs22,275


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