The Hindu Business Line : Friday, April 29, 2005

Futures trading volumes up despite timing curbs
THE daily futures trading volumes of two major multi-commodities exchanges in the country - National Commodity and Derivative Exchange Ltd (NCDEX) and Multi-Commodity Exchange (MCX) - have shown a significant increase in the last three ... More

FARM CREDIT

Post-harvest loan limit doubled to Rs 10 lakh
THE Reserve Bank of India proposes to double the limit of loans to farmers under the post-harvest produce marketing scheme to Rs 10 lakh from Rs 5 lakh. This is under the priority sector lending, RBI said it in its annual policy statement ... More

CLIMATE & WEATHER

`Productive' summer shower season continues in Kerala
THE `productive' session with the ongoing spell of summer showers saw as many as 13 out of the 14 districts record `excess' or `normal' rainfall during the season starting March 1 this year and up till April 27. According to the Agromet ... More

AQUACULTURE

Good catch!
Fishermen along the Poonthura coast in Thiruvananthapuram have devised an ingenious methodology to net a good catch. They now dye the net in primary colours, preferably red, which they say is able to attract schools of fish that have been found ... More

RUBBER

Rubber production growth seen declining
THE country's natural rubber production in 2005-06 is expected to grow by four per cent to 7.80 lakh tonnes, according to estimates by Rubber Board. The estimates by the Rubber Board show that production growth will be lower compared with the ... More

All rubber grades slip on buyer resistance
SPOT rubber rates on Thursday surrendered slightly, again led by unfavourable overseas reports. Traders and growers preferred to reduce their holdings in the absence of a clear trend. The covering groups were inactive at higher levels, ... More

TEA

Tea exports from South rise in 2004
INCREASED exports from South India pushed up tea shipments in the calendar year 2004 by around 10 million kgs (mkg) over the previous year, while exports from the North dropped by 3.8 mkg. Exports from South India in 2004 went up by 13.5 mkgs ... More

TECHNICAL ANALYSIS

Spot gold may move higher
SPOT gold prices managed to stay in a broad range despite a strengthening dollar, which normally tends to be bearish for the metal. FOMC meet is round the corner and the markets have already started building expectations of a sharp rate rise due ... More

PRECIOUS METALS

`$500-mark for gold no longer a fancy'
THERE is a clear upside for gold prices mainly arising out of the potential for investment and a strong base for a robust physical offtake, GFMS Ltd said in its latest Gold Survey 2005. Perceiving a distinct possibility of a sharp slowdown in ... More

SPICES & CONDIMENTS

Cardamom down on lack of buying support
CARDAMOM prices remained steady at lower levels despite thin arrivals on lack of buying support at the auctions held in Kerala and Tamil Nadu. Trading sources in two main trading centres, Bodinayakannur in Tamil Nadu and Kumily in Kerala, told ... More

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