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Thursday, December 23, 2004

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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES
Turmeric futures on MCX from today
THE Multi-Commodity Exchange of India (MCX) will launch futures trading in turmeric from Thursday. "The exchange is launching two turmeric contracts simultaneously, i.e. April and July, 2005. There will be four contracts in a year," Mr Jignesh ... More

FLORICULTURE

  • Covai Flower show in January

    RUBBER
    Centre's assurance boosts rubber prices
    REACTING to the statement of the Union Commerce Minister, Mr Kamal Nath, that the Government would protect the interests of the growers in case of a price fall below Rs 50 a kg, domestic rubber market improved on Wednesday. All grades gained ... More

    SUGAR
    ISMA flays oil firms for slow progress in `gasohol' programme
    THE Indian Sugar Mills Association (ISMA) has accused the public sector oil companies of "dragging their feet" over implementation of the `gasohol' programme, which envisages countrywide coverage of 5 per cent ethanol-doped petrol by the end of ... More

    DAIRY & DAIRY PRODUCTS
    NDDB winds up Mother Dairy Foods
    THE National Dairy Development Board (NDDB) has wound up Mother Dairy Foods Ltd, the granddaughter company created by it to forge marketing joint ventures with individual State co-operative dairy federations. Mother Dairy Foods has been merged ... More

    COTTON
    CCEA clears 20 lakh cotton bales for export
    THE Government on Wednesday approved export of up to 20 lakh bales of cotton by the Cotton Corporation of India (CCI) during the 2004-05 season. The proposal approved by the Cabinet Committee on Economic Affairs (CCEA) provides cost ... More

    OILSEEDS & EDIBLE OIL
    Solae launches soya drink; eyes Rs 300-cr sales in 5 years
    THE Solae Company appears to be betting big on India. The eight-year old company, with Rs 20 crore sales at present, expects to grow to Rs 300 crore in the next five years. On the anvil is an investment of Rs 50 crore by 2006 in establishing a ... More

    SOPA seeks cut in M.P. mandi tax
    DOMESTIC soyabean trade, facing sluggish prices and severe under utilisation of capacity, has also been impacted by the ITC Ltd's e-choupal system which has been increasing direct purchases from farmers, according to the Soyabean Processors' ... More




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