AGRI-BIZ & COMMODITIES
COMMODITY EXCHANGES
SEBI pact with US commodity futures trading body
SECURITIES and Exchange Board of India (SEBI) has signed a Memorandum of Understanding with the US Commodity Futures Trading Commission (CFTC). The MoU was signed by Mr G.N. Bajpai, Chairman, SEBI and Mr James E. Newsome, Chairman, CFTC at ...
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WHEAT
Wheat prices recover in M.P.
WHEAT prices in Madhya Pradesh, which declined on a record 96 lakh tonnes (lt) crop in the State earlier this month, have begun to improve. "Wheat prices were below the minimum support price of Rs 630 per quintal at the beginning of this ...
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AQUACULTURE
SC upholds differential pricing in vitamin mix for shrimp feeds
NOT all people are equal, nor is the price of food they take the same. So also with shrimps, as a recent decision of the Supreme Court would show. The case Commissioner of Customs, Chennai vs Adani Exports Ltd was about the price of vitamin ...
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INSIGHT
Will they divide the G-20 too?
The EU's latest offer on agriculture is clearly intended to split the powerful Cairns group and the G-20 alliance.
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HORTICULTURE/FRUITS & VEGETABLES
Not so sweet
A scene at the Gaddiannram fruit market in Hyderabad on Thursday. The market is dull with a significant fall in inflow of mangoes this year. The wholesale market has so far received around 2,800 lorry loads this month. The prices have also ...
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RUBBER
Rubber prices dip on sales
THE physical rubber market declined on Thursday. After a day's moderate buying, the covering groups disappeared to the sidelines. The selling from traders anticipating further fall put pressure on the prices and all the grades except latex lost ...
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TECHNICAL ANALYSIS
Spot gold may head lower
GOLD prices plunged lower on comments by the Chinese Premier in an interview with a newswire on the need to tighten its fast growing economy, which has seen China emerge as the leading buyer of commodities. China was mainly responsible for the ...
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GOLD & SILVER
Gold, silver crash
GOLD and silver prices witnessed a heavy fall on Thursday in the domestic market on decline in the dollar and China's move to slow its economic expansion. Gold tends to decline on dollar strength as it is traded in dollar, while China's move ...
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CASHEW
Cashew merchants pay Rs 1.5-cr tax
THE cashew merchants of Palasa in Srikakulam district, the main cashew producing centre in the State, paid Rs 1.5 crore as sales tax in advance to the commercial tax authorities on Wednesday. At a counselling session organised in the Cashew ...
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POULTRY
Further hike in egg prices on low stocks
AMIDST decline in overall production of layer eggs, farmgate price of table eggs has surged further this week in Tamil Nadu. The National Egg Coordination Committee's Namakkal zonal committee which had kept the price unchanged at Rs 1.15 for ...
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