Andhra Pradesh Jute Development Centre Limited (APJDC), a special purpose vehicle formed recently by jute industrialists in the state, will be setting up a jute park in Sabbavaram mandal of Visakhapatnam district at an outlay of Rs 100 crore.

APJDC plans Rs 100 cr jute park near Vizag

Business Standard

The dragon country has cut output by 72 per cent to control pollution before the Games.

Met coke prices treble in 6 months on China curb

&nbsp;Labour shortage is likely to hit rubber plantations this year. The growers in Kerala are facing this crisis with no solution in sight.

Rubber plantations reel under labour shortage

&nbsp;Comex says it can't wait indefinitely to sell 26% stake. 
&nbsp;The National Multi-Commodity Exchange (NMCE), India's third-largest commodity bourse, will set a 30-day deadline for the Bombay Stock Exchange (BSE) to comply with the stake acquisition norms and make payments as per the mutually-agreed guidelines.

NMCE to give BSE 30-day deadline

The Ahmedabad-based National Multi-Commodity Exchange&#39;s (NMCE) board has given an in-principal approval to sell a 26 per cent stake to Reliance Money, Kailash Gupta, the managing director of the exchange said on Wednesday.

RMoney chief joins NMCE board

Supply shortage in both domestic and global markets has led to a steep hike in cotton prices, with farmers in Andhra Pradesh receiving Rs 3,700 a quintal compared with Rs 2,400-2,500 last month.

Cotton prices shoot up on short supply

A Parliament panel has advised that futures trade in agricultural commodities should be discouraged as speculative trade leads to artificial rise in prices.

Ban futures in agri products: Panel

Natural rubber prices touched an all-time high on Wednesday as the benchmark grade RSS-4 quoted Rs 137 a kg, surpassing the previous high of Rs 136 quoted in May this year.

Rubber at all-time high of Rs 137/kg

&nbsp;Yellow metal drops by Rs 630, records second steepest fall in Mumbai. 
&nbsp;Gold witnessed the second-largest fall ever in the Mumbai bullion market on Wednesday as a result of the rupee appreciation and weak cues from overseas.

Gold falls on Re rise, weak cues

&nbsp;Crude oil fell to a six-week low as a stronger U.S.

Oil falls to six-week low of $127

Platinum fell, extending the longest losing streak in six years, and palladium slid on concern that slowing economic growth will cut demand for the metals.

Platinum, palladium plunge

The central government will clear Rs 350 crore worth of subsidy claims of sugar factories across the country during the current financial year, said RP Bhagria, chief director (sugar), directorate of sugar, Union ministry of consumer affairs, food and public distribution.

Centre to clear subsidy claims of sugar mills

Strengthening its foothold in agri-commodities after the success of non-agri futures, the country's largest commodity bourse, the Multi Commodity Exchange (MCX), is all set to launch coriander seed (coriander) futures on July 28.

MCX to launch coriander futures

India's paddy output is likely to rise marginally by 1.39 per cent, or 2 million tonnes, due to favourable monsoon in some major growing areas, says the latest report by the Food and Agriculture Organisation (FAO).

Paddy output to rise marginally: FAO

The Spices Board of India has warned to importers and value-adding units of whole star anise and Saigon cinnamon of Vietnam that the consignments to India could have been contaminated with an unapproved colour known as Chrysoidine.

Spices Board warns of contaminated imports

The southern states facing drought has got a ray of hope from the India Meteorological Department (IMD), which has predicted a revival of monsoon in these areas in the next three-four days.

Ray of hope for southern states

The tea production in the country declined in 2007 due to erratic weather conditions in north and south India.
&ldquo;The crop scenario is not looking too bright in India. The supply line is

Tea faces rough weather

Gold is likely to decline further this week as the recent drop in energy prices will reduce its appeal as a hedge against inflation. The price of the precious metal is set to ease below $905 an ounce

Gold may lose sheen on weak fundamentals

Coriander market in Kota, Rajasthan, remained shut on Monday protesting the launch of futures trade in the spice on the Multi-Commodity Exchange (MCX).
The local traders fear futures trading is

Coriander market in Kota protests futures launch

Prices of pulses in the country show no signs of cooling off in spite of the government&rsquo;s efforts to increase domestic supply through imports.
The Centre has imported 1.4 million tonnes of

Pulses prices continue to rise despite imports

Press Trust of India

Floods in Pakistan have led to a surge in demand for Indian chilli in the world market by nearly 21 per cent, leading to an overall increase in spice exports in the first two months of this financial

Floods in Pakistan induce demand for Indian chilli

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