Agriculture
Cap purchase price, volume to pare rice stocks
WITH physical rice stocks in excess of 22 million tonnes as compared to the minimum buffer stocking norm of 10 mt, the Government seems to be fighting a losing battle to quickly pare down the inventory and bring it to manageable levels. With the passage
of every day, the cost of stocks keeps increasing, rendering them beyond the reach of both domestic and international consumers.
`Fly ash boosts crop yield'
RESEARCH work on agricultural applications of fly ash has demostrated that it is helpful in boosting the yields of various crops. Fly ash is found to be a supplier of essential micro-nutrients to crops, according to the Andhra Pradesh Power Generation Co
rporation (APGENCO).
Commodities
Good boost to local refining units
THE recent introduction of tariff values for palm oils (crude palm oil, refined palm oil, refined palmolein) has caught many players in the edible oil market by surprise; but the view that fixation of tariff values (valuation of imports at a fixed price
for purpose of duty assessment) is the best thing to have happened to the trade since a long time is widely shared.
Global prices taken into account for palm oil tariff value
IN fixing the tariff values for crude palm oil, refined bleached deodourised (RBD) palm oil and RBD palmolein, the Government has taken into account the trend in international prices of these oils and the tariff values have been based on an average of pr
ices prevailing over a three-week period.
Cardamom auctions to begin on Aug 17
KOCHI: The first cardamom auction of the current season will begin on August 17 at Vandanmedu in Kerala.
Food & Dairy Products
Low demand stunts oleoresins export
THOUGH exports of oleoresin, essential oils and spices oils have shown significant growth in recent years, the industry has been able to utilise only 35-40 per cent of its total installed capacity for want of enough demand.
Rubber
Industry flays Govt stand on rubber imports
TWO prominent rubber user industry associations have termed the Commerce Ministry's decision to continue the ban on import of natural rubber under Advance Licensing Scheme (ALS) and at the same time discontinue the STC scheme of supply of natural rubber
at international prices for export of rubber based goods as ``unjustified'' and ``discriminatory''.
