Financial Daily from THE HINDU group of publications
Wednesday, August 27, 2003
Agri Prices (Aug. 26)
Sugar S301325 (1340)
Palm oil358 (355)
Ground ready480 (462)
Coconut oil ready6075 (5975)
Pepper garbled ready7300 (7300)

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AGRI-BIZ & COMMODITIES

CULTIVATION


AP: Water scarcity to force changes in cropping pattern
CULTIVATE dry crops during kharif and paddy during rabi seasons. This might sound something strange but it could become a reality in the ayacut of the Nagarjunasagar Project (NSP) in future. The cropping pattern in the 22 lakh acres of the NSP ... More

FLORICULTURE


Unified marketing mooted to boost floriculture exports
"A concept similar to Aggrexco of Israel can be developed where the agri-products are exported under one brand name, Carmel." More

RUBBER


Rubber prices fall on nervous sales
RUBBER prices weakened on nervous selling by traders. All the grades fell except latex that remained flat at Rs 35 without any trading interest. RSS 4, which quoted at Rs 48.75 on Monday, lost 75 paise to close at Rs 48 per kg on ... More

TEA


Green tea leaf prices slide to 10-year low
TEA factories in some pockets of the Nilgiris this week paid a mere Rs 3 a kg for the green leaf supplied by the small growers. This is the lowest price in the last 10 years. Last week, the growers got Rs 3.75 a kg. Even when the growers were ... More

ITA urges Tea Board to give details of orthodox exports
THE Government and the tea industry want an increase in the export of orthodox tea. However, at present, there is no mechanism to record the export of such teas from India. Industry sources said the Indian Tea Association (ITA) had made several ... More

PRECIOUS METALS


Gold holds despite rising dollar
FOR the last few days, gold been holding despite stronger dollar. Last week, the yellow metal put up a good performance despite the US dollar and equity markets both strengthening in response to encouraging economic data. There had been ... More

DAIRY & DAIRY PRODUCTS


NDDB may import 10,000 t milk powder
Analysts feel that imports may not be feasible, considering that world supplies are somewhat tight on account of drought in Australia and the unusual rise in temperatures in most parts of Europe. More

JUTE


Panel to look into problems of jute sector
THE Minister of State for Labour, Mr Santosh Gangwar, has appealed to the workmen of the jute industry to defer the strike in order to create an atmosphere conducive to amicable resolution of demands. He has also advised the employers not to ... More

OILSEEDS & EDIBLE OIL


Ease norms for food grade hexane: SEAI
THE Solvent Extractors' Association of India (SEAI) has requested the Ministry of Petroleum to consider exempting solvent extraction industry from the purview of the Solvent Raffinate and Slop (Acquisition, Sale, Storage and Prevention of Use in ... More
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35% of ad value for Mirchi comes from financial brands


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Looking back
Aug. 17-Aug. 23
Agricultural growth to spur edible oil demand

Record kharif coverage in soya, pulses, maize

Gold firmness may continue

Cashew exports decline by over Rs 50 cr in Q1

India, 13 more countries table farm proposal in Geneva

Nilgiris tea brokers decide to defer demand for contingency deposit

ITA sees output up a tad; exports, imports projected to dip

Bangla buys sugar from UP, Haryana mills


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