Financial Daily from THE HINDU group of publications
Tuesday, October 14, 2003
Agri Prices (Oct. 13)
Sugar S-301351 (1351)
Palm oil381 (376)
Ground oil ready500 (497)
Coconut oil ready6625 (6600)
Pepper garbled ready7400 (7500)

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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES


Dubai commodities body launches receipt system for financing, bulk storage
The DCR system will open new opportunities for lenders and borrowers alike, increasing the volume and value of transactions by Indian trading firms in Dubai. More

POWER


TN farmers reluctant to remit power bills
WITH the Tamil Nadu State Electricity Board's October 15 deadline for the maiden remittance of the electricity bill by the farmers for the agriculture pumpsets used by them ticking fast, the game of hide-and-seek is going on in rural Tamil Nadu ... More

RUBBER


Rubber prices look up
RUBBER prices picked up on Monday. Sheet rubber RSS 4 improved to Rs 49.50 from Rs 49 a kg on Saturday. The Bangkok market continued its bull run quoting Rs 54.64 per kg for RSS 3 against Rs 54.40 on Friday. Market sources indicated that the ... More

TEA


Upasi body submits report on pesticide limit in tea for EU
THE UPASI Tea Research Foundation (TRF) has submitted a detailed report to the Tea Board on the five `pesticides' used on Indian tea, to be forwarded to the European Union for consideration of import tolerance. The report assumes significance ... More

PRECIOUS METALS


Gold struggling for breath
FOR most of last week, the gold market appeared if it was still struggling to catch its breath following the savage sell-off late the previous Friday that saw prices collapse from above $380 an ounce to low of $366.25/oz. However, prices ... More

FOODGRAINS


Bajra procurement norms relaxed
THE Food Corporation of India (FCI) and the Rajasthan Cooperative Marketing Federation or Rajfed will, henceforth, procure bajra containing up to 7.5 per cent of slightly damaged/discoloured grain. The Centre had earlier announced a relaxation ... More

Govt denies move to curb grains exports
THE Centre has denied any move to clamp down on foodgrains export this year on account of depleting public stocks. "There is no truth to these reports. During April-August 2003, a total quantity of 25.06 lakh tonnes (l) tof rice and 28.22 lt ... More

OILSEEDS & EDIBLE OIL


Soyabean output pegged at 67 lakh t
WITH satisfactory rains during the just concluded South-West monsoon season, the country will harvest a record 66.9 lakh tonnes (l.t) of soyabean in kharif 2003, according to the latest assessment of the Indore-based Soyabean Processors ... More

Global vegoil market turns bullish on small US soya crop
ALREADY beset with uncertainties, the global vegetable oil market has received a further jolt with the US Department of Agriculture (USDA) further reducing the American soyabean crop size in its latest assessment. In two months, the size of the ... More

COCONUT & COPRA


Call to boost coconut yield
THE Minister for Agriculture, Mr Vadde Sobhanedreeswara Rao, has asked the coconut farmers to go for multi-cropping and integrated farming to make effective use of the holdings and increase productivity and revenues. Delivering the inaugural ... More

POULTRY


Golden ducks
Ducks at play in the Vellayani Lake in Thiruvananthapuram. Duck farming is still a niche business in Kerala, and despite Government efforts to start special farms and implement integrated techniques, the population of these birds has not crossed ... More
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Disinvestment in danger


`Bull run' in SEs to continue for 6 more months: CEOs

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Bajra procurement norms relaxed

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In Focus
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Looking back
Oct. 5-Oct. 11
Global pepper exports decline 17 per cent

H1 oilmeal exports decline 25 pc

Oilmeal exports may top 35 lakh t

Rise in global prices, demand for exports — Fall in cotton prices likely to be capped


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