The Hindu Business Line : Saturday, June 17, 2006

COMMODITY EXCHANGES
FMC becomes IOSCO associate member
The Forward Markets Commission (FMC), commodities market regulator, has been granted Associate Membership of the International Organisation of Securities Commissions (IOSCO) in the recently-concluded 31st annual conference of IOSCO held in Hong ... More

FARM CREDIT
Indian Bank offers short-term farm credit
Indian Bank on Friday announced that it would provide short-term credit to farmers at a concessional interest rate of seven per cent per annum. In a press release here, the bank said with this it would become the first bank to introduce this ... More

AQUACULTURE
Cabinet approves fisheries board
The Union Cabinet on Friday gave its approval for setting up of the National Fisheries Development Board with the objective of bringing professional management in the field to improve production. The board is expected to carry ... More

Record shrimp harvest in AP
By the end of 2005-06, the harvest of shrimp from Andhra Pradesh is estimated to have touched between 1.05 and 1.08 lakh tonnes worth about Rs 2,500 crore. Aquaculture production of shrimp from the State was 93,000 tonnes in the previous year, ... More

COMMODITIES
Inflation rises on costlier fruits, vegetables
Wholesale price index increases to 201.9 points More

HORTICULTURE/FRUITS & VEGETABLES
Reaping profits
RISING VALUE: A worker harvesting ornamental pineapple for export at a floriculture farm near Kochi. According to the Agriculture and Processed Food Products' Export Development Authority, floriculture export value during April 2005 - February ... More

PLANTATIONS
Vanilco for 1 pc natural vanilla in all products
At least one per cent of natural vanilla should be included in all vanilla products, including ice-cream, demanded Vanilco (Vanilla India Producing Company) promoted by about one lakh vanilla farmers in Kerala. The company should also get ... More

RUBBER
Spot rubber rules steady
The physical rubber prices ruled steady on Friday. The market remained almost stagnated lacking quantity buyers and sellers though the overseas markets were reeling under bear grip on heavy long liquidation. Sheet rubber closed steady at Rs ... More

SUGAR
Sugar declines
Sugar spot prices ruled weak on the wholesale market on Friday on lack of renewed buying by retailers. Small grade (S-30) was lower Rs 10 at Rs 1,860-1,915 a quintal, while medium grade (M-30) was down Rs 10 at Rs ... More

BIO-TECH & GENETICS
Opposing modification
SEEING RED: Greenpeace activists dressed as brinjal along with others dressed as sheep and cow outside the Union Agriculture and Food Minister, Mr Sharad Pawar's residence during a demonstration against genetically modified agricultural products ... More

FOODGRAINS
Dual pricing for grains soon
MSP to be fixed; variable rate linked to open market price movements More

COTTON
Cotton industry in AP bids to end child labour
Drive to discourage farmers from taking children for seed collection job More

OILSEEDS & EDIBLE OIL
Groundnut oil moves higher
Groundnut oil prices moved up on the local edible oil market on Friday on continued local buying amid strong Rajkot advices. Imported crude soya oil was steady at Rs 375 per 10 kg. RBD palmolein was down a rupee at Rs 396 per 10 kg on fresh ... More

POULTRY
Recovery in offtake steadies poultry sector
Broiler, egg prices holding ground since April without swings More

SPICES & CONDIMENTS
Ground pepper exports to EU on the rise
Shipments of whole pepper decline on high prices More