Marketmen said increased arrival against lack of buying support mainly pulled down rice prices. Rice remained weak in the wholesale grains market today owing to slackened demand coupled with increased arrival. In the rice section, basmati common remained under pressure and yielded further ground at Rs. BIZ/FINANCE ARTICLES Sensex dips as High Court issued an interim order restraining Reliance Industries from selling natural gas from KG gas field Media Release The benchmark Sensex dipped...

Chookiat Ophaswongse said rice exports are expected to reach 8.7 million metric tons on increased demand, above the government's export estimate of 8.5 million tons. CHICAGO (Dow Jones)--Chicago Board of Trade rice futures settled sharply higher Friday in a late rally as fund and technical buying pushed prices to their highest levels since mid-March, a floor trader said. Cash rice prices in Thailand and Vietnam were steady at high levels Friday in limited activity as the strong prices kept...

Global rice production could rise marginally to 423 million tonnes in milled terms, about 3 million tonnes more than in 2006. Prospects vary considerably from country to country with significant crop losses due to floods in some areas and reduced yields due to long dry weather spells in others. A significant rise in wheat output is also foreseen, with a recovery in some major exporting countries after weather problems last year. Although the forecast is still highly tentative, cereal...

The term of the committee that the government has set up to study the impact of futures trading in agricultural commodities on price rise is being extended. It was set up in March to look into the impact of futures trading on prices of essential commodities, and thereby on inflation. The prime minister, an economist by himself, is said to have told Planning Commission members recently that the futures trade in commodities is essential for a vibrant market. The government was forced to set...

Don't look now but the Kalinga's famous native unoy rice, an aromatic and delectable brown staple, will soon hit the markets in the European countries. Felicitas Balmores, agricultural technician and coordinator of unoy rice program, said members of the Italy-based Slow Food Foundation for Diversity, an organization, committed to the preservation of traditional foods, encouraged unoy farmers to register the product through their foundation for marketing during their recent visit here....