Financial Daily from THE HINDU group of publications
Wednesday, October 01, 2003
Agri Prices (Sept. 30)
Sugar S-301338 (1338)
Palm oil384 (374)
Ground ready515 (515)


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AGRI-BIZ & COMMODITIES

CLIMATE & WEATHER


Paddy nurseries under threat in Kerala
WHILE giving the go-ahead for sowing and planting operations for the Mundakan crop, the Agromet Advisory issued by the Met Office here has said that farmers in the State be better wary of a possible threat to paddy nurseries from gall midge and ... More

RUBBER


Rubber futures up
KOTTAYAM: The spot rubber market remained closed on Tuesday on account of the 24-hour vehicle strike all over the State. The futures market showed a better trend on Tuesday. The near month October delivery was traded at Rs 50.50 (Rs ... More

TEA


Special sops proposed for orthodox tea conversion
SOUTH India needs to concentrate more on producing orthodox teas, Mr N.K. Das, Chairman, Tea Board, has said. Speaking to Business Line after the Upasi meet in Coonoor, Mr Das said one has to produce teas what the world wants. ``Under ... More

e-auction of Coimbatore teas by month-end
The process of identifying the vendors is on. Association sources are certain that the pilot bidding would go live and kicking before the third week of October. The refurbishing works have started and is expected to be complete within a ... More

COAL


`Coal demand-supply gap likely to widen'
THE sustainable growth of the domestic coal industry under the public sector is no longer feasible. In fact, the country is heading towards a severe coal shortage, which could scupper the Centre's plans to create additional thermal generation ... More

METALS


Nickel may rule firm on good demand
NICKEL prices in the country are likely to rule firmer at least till the year end due to good domestic demand from stainless steel industry with continued limited supply. Rising prices at the London Metal Exchange (LME) will continue to ... More

CO-OPERATIVES


Campco wants nodal agency status to test areca quality
THE Central Arecanut & Cocoa Marketing & Processing Co-operative Ltd (Campco) has urged the Union Agriculture Minister, Mr Rajnath Singh, to appoint it as the nodal centre for testing the quality of arecanut in the country. A press release by ... More

Few serious bids for Orissa co-op sugar mill
THE Orissa Government's attempts to sell/lease the assets and business of the co-operative sugar mill located at Nayagarh, 80 km away from Bhubaneswar, have failed to attract any serious bids. The mill was not operational during the 2000-01 and ... More

NATURAL CALAMITIES


AP seeks Rs 900 cr as drought relief
THE Andhra Pradesh Government has sought Rs 900-crore from the Centre to undertake drought relief measures and 15-lakh tonnes of rice for distribution under the food-for-work programme. Replying to a debate on drought and other issues plaguing ... More

OUTLOOK


Farm sector set for rebound
THE farm sector is set for a spectacular rebound this year, courtesy the monsoon. The Agriculture Ministry on Tuesday projected production of kharif foodgrains, oilseeds and cotton to rise by 19.86 per cent, 63.56 per cent and 40.92 per cent, ... More
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Karnataka IT Secy seeks voluntary retirement


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In Focus
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Looking back
Sep. 21-Sep. 27
Groundnut output may top 55 lakh t

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Govt mulls scrapping of TMCO — May replace it with 100 pc compulsory tea auctioning

No sign yet of urea decontrol

Aluminium stocks likely to increase — Rising output, stagnant offtake worry producers


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