Business Daily from THE HINDU group of publications
Tuesday, July 03, 2007
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Agri Prices (July 02)
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AGRI-BIZ & COMMODITIES

CLIMATE & WEATHER
Rains pound Gujarat, Rann of Kutch
Thiruvananthapuram, July 2 The extreme west regions of Kutch, Saurashtra and Gujarat are receiving a severe pounding from the resident ‘low’ that chose to stay put at its overnight position over southeast Rajasthan, adjoining ... More

INFORMATION TECHNOLOGY
Primary agri coops to be computerised
Hyderabad, July 2 Very soon farmers would be an empowered lot, flashing smart cards and having the power to access computers and a host of services at their nearest primary agriculture cooperatives (PACs). UTI Technology Solutions Ltd, ... More

RUBBER
‘Rubber futures not benefiting growers’
Merchants body seeks transparency More

Global trend pulls down spot rubber
Kottayam, July 2 The domestic rubber rates showed a weak trend shedding Saturday’s speculative gains on Monday. The trend was set by all-round declines in leading international markets against expectations. On the physical front, sheet ... More

TEA
Coonoor tea prices drop
Prices dropped by Rs 3 a kg on an average at the sale No. 25 of the auctions of Coonoor Tea Trade Association (CTTA) held here on Saturday, as the demand was inadequate to absorb the huge volume at high bids. The bottom level dropped to a new ... More

WATER
Nature’s fury
More

FINANCIAL PERFORMANCE
Mahalaxmi Rubtech net up
Ahmedabad, July 2 With the earnings from sales and the net profit of Mahalaxmi Rubtech Ltd more than doubling in the fiscal year 2006-07, the company’s board has recommended a dividend of Rs 0.50 paise per share (5 per cent). ... More

METALS
China to cut tax rebates on metal products exports
Over 500 items to be affected More

SPICES & CONDIMENTS
Pepper futures rise
Kochi, July 2 The pepper futures market witnessed marginal increase on Monday on reports of upward trend in other origins such as Vietnam and Indonesia.Vietnam reportedly steady to $30 up. It was offering 500 GL at $3,530 a tonnes ... More

COMMODITY MARKETS
Commodity courses at Kunvarji Academy
Ahmedabad, July 2 The Ahmedabad-based Kunvarji Group, one of the fastest growing Commodity Future and Capital Markets Intermediary, has ventured into Financial Services Training and Education, with the inauguration of the Kunvarji Academy For ... More

China demand growth boosting metal prices
‘Producers struggling to keep pace with rise in offtake’ More

‘Futures trading will influence spot market’
Futures trading is bound to have an influence on the spot market, according to Mr Kailash Gupta, Managing Director of the Ahmedabad-based National Multi-Commodity Exchange of India Ltd (NMCE).However, the prices on the futures and the ... More

OUTLOOK
Rising domestic wheat prices worry millers
Big trade firms garner stocks; global market adds to woes More






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