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Thursday, February 10, 2005

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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES


MCX launches futures trading in crude oil
LAUNCHING the country's first futures trading in crude oil, the Multi Commodity Exchange (MCX) on Wednesday opened trading at 10 a.m. for US light, sweet benchmark crude West Texas Intermediate. "Only three monthly contracts would be traded at ... More

  • JRG to open branch in Kochi

    CULTIVATION


    Sweating it out
    A farmer ploughs the field at a village in Jharkhand. Farmers in the forest regions of the State struggle to make a living as few facilities are extended to them. Jharkhand has huge mineral reserves and great potential for agriculture, which are ... More

    AQUACULTURE


    In dire straits
    An evening scene from Puthankadapuram at Chavakad in Thrissur district. The waters that once teemed with a variety of fish have now become unproductive for the fisherfolk. Deep sea does offer abundant fish supply but most of the fishermen do not ... More

    RUBBER


    Rubber static on poor buying
    THE spot rubber market continued to rule static, mirroring the depressed sentiments affected by VAT. Chances of further fall in prices are high. Rubber futures maintained positive trend on Wednesday. Spot rubber rates (per kg) on ... More

    SUGAR


    Southern mills way ahead in raw sugar imports
    WITH domestic ex-factory sugar realisations ruling firm at Rs 16.50-17 a kg, processing of duty-free imported raw sugar has become a viable proposition for mills. While import of raw sugar stood at only 1.24 lakh tonnes (lt) during the 2002-03 ... More

    Mumbai sugar meet to discuss alliance
    THE Sugar Summit 2005, an industry event scheduled to take place in Mumbai during February 11-12, will take stock of the latest developments within the country and outside as also crystal-gaze the shape of things to come in the near future, the ... More

    FOODS & FOOD PROCESSING


    Jayalalithaa seeks import duty hike on tapioca starch
    THE Tamil Nadu Government has asked the Centre to hike import duty on tapioca starch, sago and modified starch and exclude them from the Free Trade Agreement with Thailand. In a letter to the Prime Minister, Dr Manmohan Singh, the Chief ... More

    COTTON


    Rasi Seeds plans to launch more GM cotton
    RASI Seeds Pvt Ltd is planning launch of a range of genetically-modified (GM) cotton hybrids covering all the cotton-growing States, according to its Managing Director, Mr M. Ramasami. The company which launched RCH-2 Bt, a GM cotton hybrid ... More

    OILSEEDS & EDIBLE OIL


    Edible oils may not rise on cut in soya output estimate
    EDIBLE oil prices may not witness any rapid rise following the sharp cut in the production estimate of soyabean this year. The Soyabean Processors Association of India (SOPA) has come up with a revised estimated of the crop production this ... More

    Plea to hike import duty on edible oils
    THE import duty on all edible oils across the board should be raised by 15 percentage points immediately so that the processing industry could pay at least the minimum support price (MSP) to farmers in the rabi season, the Solvent Extractors ... More



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