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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (78867)5/8/2008 12:30:03 AM
From: Jim McMannis  Read Replies (2) | Respond to of 116555
 
Trading in soybean oil, potatoes and chick peas will be suspended
India Expands Ban on Trading of Food Futures to Curb Inflation

bloomberg.com

May 8 (Bloomberg) -- India, the world's second-largest importer of vegetable oils, has expanded bans on trading of food futures as the government intensified efforts to cool inflation that's at the highest in more than three years.

Trading in soybean oil, potatoes and chick peas will be suspended on exchanges including the Multi Commodity Exchange of India Ltd. today, said Anupam Mishra, a director at the Forward Markets Commission, an industry regulator. Trading in rubber futures also will be suspended