The Hindu Business Line : Sunday, April 15, 2007

FERTILISERS
Fertiliser: `Direct subsidy doesn't help farmers'
The Union Chemicals and Fertilisers Minister, Mr Ram Vilas Paswan, is "not convinced" with the Centre's proposal to give subsidy on urea directly to farmers. The Minister expressed his discontentment on this proposal, as he did not foresee "any ... More

RUBBER
Spot rubber stays steady
Physical rubber prices were steady on Saturday. The market activities were low as there were no quantity buyers or sellers in the main centres. RSS 4 finished flat at Rs 91 a kg both at Kottayam and Kochi in a rather inactive trading ... More

Rubber dealers federation call off strike
The Indian Rubber Dealers Federation has decided to withdraw from the proposed `rubber hartal' called on Monday in view of the clarification issued by the Union Commence Ministry that there was no move to import natural rubber by the Centre. ... More

TECHNICAL ANALYSIS
Palm oil could test resistance level
Malaysian crude palm oil futures rose higher on Friday on concerns over supplies and expectations of a duty cut in palm oil by erstwhile major buyer India. As expected by market participants, India on Friday cut the custom duty on palm oils, ... More

Cotton futures may test support
New York cotton futures ended lower mostly in switch trades as market players got out of the active May contract into back dated contracts. Weather will play a key role now and market participants are keeping a watch on the early storms sweeping ... More

COMMODITY MARKETS
Geojit reports rise in deliveries of contracts
Geojit Commodities Ltd has witnessed an increase in the deliveries as a result of the initiatives taken by the company to educate various stakeholders in utilising the futures market conditions. The record delivery figures registered in ... More

Unified national market for agriculture mooted
Working Group opposes ban on exports, re-imposition of stock limits More

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