Commodity Online, Mumbai

Stories by Commodity Online, Mumbai

Allow banks to hedge at exchanges: NCDEX

Allow banks to hedge at exchanges: NCDEX

Rediff.com   1 May 2007

India's leading agri commodities bourse - the National Commodity and Derivative Exchange - has asked the government to permit banks to hedge at domestic commodity exchanges like international bourses.

Futures ban hits NCDEX trading volumes

Futures ban hits NCDEX trading volumes

Rediff.com   1 May 2007

India's leading agri commodity bourse - the National Commodity and Derivatives Exchange said on Monday that its trading volumes have been hit by the ban on futures trading in pulses, wheat and rice.

MCX to set up spot exchanges in Andhra

MCX to set up spot exchanges in Andhra

Rediff.com   1 May 2007

India's leading commodity bourse - the Multi-Commodity Exchange - is in negotiations with the Andhra Pradesh government to set up spot exchanges in the state.

India to invite tender for wheat import

India to invite tender for wheat import

Rediff.com   1 May 2007

Worried over its failed procurement operations and anticipating a shortfall in production, the Centre has decided to invite tenders for import of 1 million tones of wheat.

India eyes Pak to boost tea export

India eyes Pak to boost tea export

Rediff.com   1 May 2007

India has launched an aggressive campaign to boost tea exports to Pakistan, Egypt, Iran and Iraq apart from traditional buyers Britain and Russia.

Indo-Pak trade seen to cross $1.5 billion

Indo-Pak trade seen to cross $1.5 billion

Rediff.com   30 Apr 2007

Trade between India and Pakistan has shown enormous buoyancy and is expected to cross $1.5 billion in 2006-07. Exports to Pakistan in April-December

New Basmati variety to boost exports

New Basmati variety to boost exports

Rediff.com   30 Apr 2007

India's Basmati export is bound to get a boost with the launch of an improvised version of the Pusa Basmati-1 variety.

Guntur farmers beat odds, increase cultivation

Guntur farmers beat odds, increase cultivation

Rediff.com   30 Apr 2007

Suicides, drought, natural calamities, slump in market...Nothing can deter the determination of farmers in Guntur district of Andhra Pradesh.

Online trading in Indian mangoes, soon

Online trading in Indian mangoes, soon

Rediff.com   30 Apr 2007

Indian farmers are getting technology-savvy day by day. Even as the first batch of Indian mangoes reached the US shelves last week, farmers here are betting on a major initiative to trade mangoes online.

Gem sector to hunt for new markets

Gem sector to hunt for new markets

Rediff.com   30 Apr 2007

With generalised system of preferences in US coming to an end in June 30 and the American market showing little scope for growth

Strong Re adds to Kerala's export woes

Strong Re adds to Kerala's export woes

Rediff.com   30 Apr 2007

Kerala's already struggling plantation sector, especially cashew, spices and rubber, suffered another jolt this month with the rupee strengthening against the US dollar.

Decoding Kerala's 'rubber riddle'

Decoding Kerala's 'rubber riddle'

Rediff.com   24 Apr 2007

Thanks to some inexplicable reasons, rubber futures contracts are witnessing a steep fall for the past few days. This has also hit the spot marker now with prices of benchmark grade RSS 4 dropping below Rs 90 a kg to close at Rs 87 on Friday.

Where is the wheat? Only farmers know

Where is the wheat? Only farmers know

Rediff.com   24 Apr 2007

Ingenious farmers in Punjab have decided to hold on to their wheat till the market is ready to offer them better prices.

Marine SEZ mooted in Gujarat

Marine SEZ mooted in Gujarat

Rediff.com   24 Apr 2007

The proposed SEZ will have various facilities including processing centers and cold storage and other critical infrastructure facilities required for marine food exports.

Inflation: Monsoon may not bail out govt

Inflation: Monsoon may not bail out govt

Rediff.com   24 Apr 2007

Caught in an inflation mess, the Central government was hoping for a rescue act from the rain gods this monsoon. But, it seems, the rain gods may not bail out the United Progressive Alliance government from the inflation conundrum.

India's farm sector to drive up exports

India's farm sector to drive up exports

Rediff.com   24 Apr 2007

Commerce and Industry Minister Kamal Nath said on Saturday that India now must gear up for agricultural exports apart from export of manufactured goods and services.

Allow banks, MFs in commodity market: FMC

Allow banks, MFs in commodity market: FMC

Rediff.com   24 Apr 2007

FMC chairman S Sundareshan, while delivering a lecture on 'Commodity Future in India,' strongly advocated the participation of the crucial financial sector in commodities.

Reliance Money bets big on commodity futures

Reliance Money bets big on commodity futures

Rediff.com   19 Apr 2007

Reliance Money, India's comprehensive financial services and solutions provider, has tied up with Chicago-based Alaron Trading Corporation, a global, full-service commodity futures brokerage firm.

Wheat goes to private players in UP

Wheat goes to private players in UP

Rediff.com   19 Apr 2007

In Uttar Pradesh, it seems, there are no takers for the government agencies as far as wheat collection is concerned.

What is hedging and speculating?

What is hedging and speculating?

Rediff.com   19 Apr 2007

Manufacturers could effectively lock in a sales price by going short an equivalent amount of goods with futures contracts.