Financial Daily from THE HINDU group of publications
Saturday, June 21, 2003
Agri Prices (June 20)
Sugar S-301246 (1235)
Palm oil365 (365)
Ground ready556 (563)
Coconut oil ready5200 (5150)
Pepper garbled ready8000 (8000)

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AGRI-BIZ & COMMODITIES

COMMODITIES


Asian PTA prices slip
ASIAN purified terephthalic acid (PTA) prices regressed $ 10 per tonne by the end of the first fortnight of this month, giving a marginal relief to the domestic users of this polyester intermediate. Prices dropped, according to domestic industry ... More

PLANTATIONS


`Increase list of crops under land ceiling Act exemption'
THE Tamil Nadu Government should increase the list of crops eligible for exemption under the land ceiling Act to enhance competitiveness of plantations, according to the Planters' Association of Tamil Nadu. In a representation to the State ... More

RUBBER


Rubber tumbles on panic sales
RUBBER market tumbled further on Friday. The sellers appeared to panic due to the fall in prices and buyers from neither the tyre sector nor the non-tyre sector were seen active in the trading circles. Arrivals remained low. After stagnating ... More

TEA


Marketing control orders put tea industry in jeopardy
DUE to mounting financial burden, 22 large tea plantations in Peerimedu have been either closed or abandoned and about 18 processing factories have downed shutters. As many as 25,000 labourers were directly affected by the crisis in Peerimedu ... More

UPASI to explore new tea markets
IN a bid to boost falling exports and recoup losses in the domestic market, the United Planters' Association of Southern India (UPASI) is looking to tap new markets while strengthening its existing ones. To kick off its export promotion ... More

COIR


Demand revival peps up coir exports
EXPORTS of coir and coir products during the first two months of the current fiscal have shown an increase of over Rs 9 crore over the corresponding period last year. Usually, April-May is the lean period and hence the improvement in the ... More

COFFEE


Coffee output seen flat next crop year — Arabica gains to make good for robusta losses
COFFEE production for the 2003-04 season starting October is expected to stay flat at 2.75 lakh tonnes, as compared to previous year, according to the Coffee Board's post-blossom crop forecast. While overall robusta output is seen lower by ... More

MARKETING RESEARCH


Boom seen in organic products biz
There are many areas and farming communities in India that do not use chemicals and are therefore "organic by default". More

NEW PRODUCTS & SERVICES


M&M launches tractor in AP
MAHINDRA & Mahindra (M&M), the manufacturer of tractors, has announced the launch of New Sarpanch 475 DI in Andhra Pradesh and plans a phased roll out of the model with slight variations in other parts of the country customising for specific ... More
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