Business Daily from THE HINDU group of publications
Friday, March 09, 2007
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Agri Prices (March 08)
Sugar S-301480 (1470)
Coconut oil ready4750 (4750)
Pepper garbled ready11800 (11800)


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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES
MCX hikes membership fees
MCX has hiked the membership fees under three categories - trading-cum-clearing member (TCM) (both deposit and non-deposit based); professional clearing member (PCM); and institutional trading-cum-clearing member (ITCM). The new rates will ... More

STORAGE
NBHC gets ISO certification
National Bulk Handling Corporation Ltd, the leading end-to-end solutions provider in commodity management, has been awarded ISO 22000:2005 certification, the food industry's highest international quality standards for food safety ... More

HORTICULTURE/FRUITS & VEGETABLES
Potato, jeera futures up on rain forecast
Rain forecast over the next three to four days in Delhi, Rajasthan and Uttar Pradesh pushed up jeera, potato and mustardseed futures on NCDEX. Potato futures on NCDEX hit the upper circuit of 4 per cent at Rs 663.50 per quintal. Similarly, ... More

RUBBER
Global rubber futures recover on late buying
Global rubber futures made a moderate recovery on Wednesday. According to sources, TOCOM the Japanese trendsetter finished better in all contracts followed by late buying at lower levels catalysed by an uptrend in gold and other futures. The ... More

Views vary on recovery in rubber prices
Carryover stocks this fiscal-end seen at 1.5 lakh tonnes More

TEA
Small-scale sector seeks nomination on Tea Board
Tea small-scale sector in the Nilgiris has appealed to the Commerce Ministry to appoint its representatives on the Tea Board. Reacting to the latest appointment of nine members, the Nilgiris Small Tea Growers' Association (NSTGA) has regretted ... More

60% leaf teas unsold at Coonoor auctions
Nearly 60 per cent of the leaf grades offered for sale by the various brokers at the Coonoor Tea Trade Association (CTTA) auctions went unsold on Thursday. This is the first auction to take place under VAT, after the intervention of the ... More

POULTRY
For bird flu
INCREASING COSTS: Star anise kept for sale at a retail shop in Kochi. Short supply of star anise has led to rise in its import, despite an increase in the prices in the global market. During April-November 2006, about 1,800 tonnes, valued at Rs ... More

SPICES & CONDIMENTS
Pepper futures move up
The pepper futures market moved up on Thursday on bullish activities without any change in fundamentals. Buy and sell calls kept the market fluctuating and small players were caught in between, market observers told Business ... More

Cardamom steady on buying support
The cardamom market ruled steady during the week with good buying support mainly from the domestic market. Arrivals during the week have shown a declining trend, which might continue in the coming weeks, market sources told Business ... More

COMMODITY MARKETS
Tyre makers urged to participate in rubber futures
FMC PLEA More






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Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Top Stories
Suzlon plans to diversify into solar, bio-diesel biz

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5 m new GSM subscribers in Feb

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All sectoral indices end in green

Sustainability Report: ITC among first 10 in the world

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Looking back
Feb. 25-Mar. 3
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Optimism on commodity exchanges unfounded

Focus on improving economic viability of farming

Fertiliser prices, subsidy allocation unchanged

Sunoil imports may turn cheaper on duty cut

Curbs on arecanut import boost domestic prices

`Allow small growers to hedge risks in futures market'



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