The Hindu Business Line : Agri-Biz & Commodities

Apr. 1: Fifty-two companies from nine States offer to supply 1,061.04 million litres of ethanol to the oil marketing companies for five per cent blending with petrol.

Apr. 2: The Government issues orders sanctioning Rs 2.42 crore for distribution of six months’ pension to coir workers.

Apr. 3: Financial Technologies sells about 1 per cent stake in the Dubai Gold and Commodities Exchange to Dubai Multi-Commodities Centre for $12.5 million (Rs 56.25 crore)

Apr. 6: McLeod Russel India Ltd says it has no plans to diversify into alternative crops.

Piling inventories and the Election Commission’s withholding of the Centre’s recently announced relief package for the sugar industry force Maharashtra millers to slash their export floor price from Rs 1,320 to Rs 1,275 per quintal free-on-rail.

Apr. 8: Export of soyabean meal for the first time crosses the four million tonne mark during 2006-07 (Apr.-Mar.).

Apr. 9: Tea Board tells tea packeters and blenders to stop adding colours to tea as it is not permitted under the Prevention of Food Adulteration Act (PFA).

Apr. 11: Yes Bank has enters into a bancassurance partnership with Agriculture Insurance Company of India for distribution of agriculture insurance products.

Apr. 13: The Centre resorts to yet another round of import duty reduction in palm oil, following spiralling international prices.

Apr. 15: National Multi-Commodity Exchange has announces a `minimum total margin’ of 25 per cent on both long and short positions in all running and in yet-to-be launched futures contracts in pepper and cumin seed, as stipulated by the Forward Markets Commission.

Apr. 19: To ensure adequacy of foodgrains in the Central pool, the Government extends the incentive bonus of Rs 40 per quintal over the minimum support price for paddy procurement beyond Mar. 31.

Events 2007 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

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