Ipsta drops Mecklai, to seek RBI nod for dollar trading
The Indian Pepper and Spices Trade Association (Ipsta) has decided to approach the Reserve Bank of India (RBI) directly for dollar-denominated contracts in its international arm, International Commodity Exchange (ICE).

Eica cotton future deals come up for deliveries the first time
For the first time since the launch of cotton futures on December 5, 1998, six units of Indian Cotton Contract (ICC) traded on the East India Cotton Association (EICA), Mumbai, came up for delivery towards December-end 1999.

`Farm product exports have nothing to rejoice'
The dawn of the new millennium is expected to bring little cheer to the country's exports of agricultural and allied products. For the third year in succession, exports of these products are projected to fall by 8% from the previous year's $5,994 million.


  Wrong forecasts forced IOC into panic diesel deals
  Headless board in its 20th birthday
  Natural rubber output rises in 1999
  Rubber Board seeks aid for study on futures
  `Healthcare costs of tobacco diseases outweigh revenue'
  Uniform sales tax hits vanaspati industry
  Measures needed to strengthen the Forward Markets Commission
  Menthol falls in parallel forward markets
  Uptrend in tea imports worries industry
  Better year ahead for copper producers
  Assam tea planters promote mustard seed cultivation
  Coconut Board sees 22% crop loss due to mite attack in Kerala belt
  Gold fails to latch on to Greenspan's diatribe
  Iran flexible over gas accord with Turkey
  European gold boosted by options-related buying
  Nymex oil bullish, exceeds earlier highs
  High power cost forces ferro alloys industry shift to West Bengal
  Sliding acrylic acid prices may go down further
  Alumina -- India emerging as a world player
  Trade centre to aid market development of coir geotextiles
  Cooperative Development comes to the aid of ailing coir product sector
  Bengal potato warehouse bonds lose shine
  Cotton prices stabilise, futures seem bullish
  Bengal's potato farmers suffer from excess output
  No improvement in cotton shipments despite sops
  West Bengal government turns down Nabard loan for cold storages
  India stands out in cotton output; yield highest so far, says Eica
  Indian rice scientist wins Wolf prize
  Cotton cultivation area poised for a decline this year
  Rajasthan farmers told to reduce paddy sowing area
  Texturising sector seeks POY yarn duty consolidation
  Egg prices in Chennai soar to an all-time high
  Cold wave may aid Himachal apple growers
  Freight rates to stay firm
  Indonesia agrees to take back bad palm oil
  Diesel imports -- Indian Oil forced into panic buying
  Farmers' markets for fruits in TN
  Urban non-manual employees' inflation goes up 2.6%