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PRESS DIGEST - India Commodity News - July 22

Tue Jul 22, 2008 9:38am IST
 
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MUMBAI, July 22 (Reuters) - Indian newspapers carried the following stories in their print or Web editions on Tuesday. Reuters has not verified these stories and does not vouch for their accuracy.

ECONOMIC TIMES (www.economictimes.com)

* The National Commodities and Derivatives Exchange (NCDEX) plans to start spot exchanges under its subsidiary, NCDEX Spot Exchange, to give priority to agro-marketing, in all the major states in the country within two years.

BUSINESS LINE (www.businessline.in)

* Fall in production and a supply shortage due to a poor crop in Indonesia have pushed up prices of cloves both internationally and in the Indian market by 30-50 percent in the last fortnight.

FINANCIAL EXPRESS (www.financialexpress.com)

* Alarmed by the rising prices of fish, the federal government has directed its animal husbandary department to monitor fish prices in West Bengal and Kerala with the assistance of the Central Marine Fisheries Research Institute.

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(Compiled by Nandita Bose; Editing by Sunil Nair)

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