The Hindu Business Line : Wednesday, December 19, 2007

WHEAT
Centre hopeful of 75.5 mt wheat output
New Delhi, Dec 18 In a bid to allay apprehensions over any shortfall in domestic production of wheat, the Centre has claimed that the prospects for the current crop (to be harvested from end-March) “look satisfactory in terms of area ... More

RUBBER
Spot rubber stays steady
Kottayam, Dec. 18 Physical rubber prices were unchanged on Tuesday taking advantage from a similar closing in global indices. Sheet rubber RSS 4 finished unchanged at Rs 91.25 and Rs 91 a kg respectively at Kottayam and Kochi. ... More

TEA
Chidambaram to distribute special purpose tea fund to S. Indian gardens on Jan 4
The first lot of cheques, or sanction letters, as the case may be, in support of the assistance under the Special Purpose Tea Fund (SPTF) will be distributed to the tea growers of South India by Mr P. Chidambaram, Union Finance Minister, at a ... More

SPICES & CONDIMENTS
Sharp fall in global cloves output may push up prices
Likely to cross $7,000/t next year against $5,200-5,400 now More

Marginal decline in pepper futures
Kochi, Dec. 18 Pepper futures market on Tuesday ruled by and large steady with marginal decline. Limited activities were seen as the buyers are waiting for the prices to stabilise. The international market is almost on a holiday mood ... More

Turmeric futures decline on profit taking
Mumbai, Dec. 18 After the recent rally, turmeric futures on NCDEX fell 1.31 per cent to Rs 2,710 per quintal on profit taking coupled with selling pressure. Chilli shed 2.45 per cent to Rs 3,780 per quintal due to long liquidation. Jeera ... More

COMMODITY MARKETS
Farmers’ associations want ban on wheat, rice futures to go
Mumbai, Dec 18 Farmers associations have urged the Government to lift the ban on futures trading in wheat, urad, tur and rice.Participating in a meeting organised by the Forward Markets Commission (FMC), the associations said ... More

CO-OPERATIVES
Mother Dairy in red; posts Rs 33-cr loss in 2006-07
New Delhi, Dec. 18 Mother Dairy Fruit and Vegetable Private Ltd (MDFVP) — the leading liquid milk marketer behind the Gujarat Cooperative Milk Marketing Federation (GCMMF) — is in the red.The company, a wholly-owned ... More

OUTLOOK
Positive outlook for major commodities in 2008
Global economic growth to guide base metals More

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