Financial Daily from THE HINDU group of publications
Friday, December 12, 2003
Agri Prices (Dec. 11)
Sugar S301296 (1288)
Palm oil429 (429)
Groundnut oil ready487 (480)
Castor BSS397 (387)
Coconut oil ready6750 (6700)
Pepper garbled ready6800 (6700)

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AGRI-BIZ & COMMODITIES

CULTIVATION


Jain Irrigation set to implement Sri Lanka's greenhouse project
JAIN Irrigation Systems Ltd (JISL) has been chosen to execute a greenhouse project that entails setting up greenhouses in Badulla district of Sri Lanka. The project is financed by the Line of Credit from India and the Rural Economy ... More

RUBBER


Rubber up on renewed demand
RUBBER prices flared up on Thursday on renewed demand and buyers offering higher quotes. All the grades except latex and RSS 5 moved up. There were practically no buyers for latex even at the existing rate and trading in the grade was ... More

TEA


Tea output seen at 860 mkg this year
TEA production in the country in 2003 is heading for a high level, next only to 1998. The Tea Board has estimated the production this year at 860 million kg (mkg) - up from 826 mkg in 2002. According to Tea Board sources, this record was ... More

WATER


TN farmers' plea to release water
MADURAI: The Cauvery Delta Farmers' Welfare Association has sent a telegram to the Chief Minister, urging for immediate release of water from Mettur to save the standing crops in Tiruchi district. According to Mr G. Kanagasabai, ... More

DAIRY & DAIRY PRODUCTS


Southern dairies seek zero excise on shrunk milk
DAIRIES in the south have sought the abolition of the 16 per cent excise duty levied on concentrated or evaporated milk, which, they say, is an anomaly. "Currently, there is no excise on liquid milk (both packed and bulk), milk powder, ghee, ... More

TOBACCO


Cabinet ratifies WHO Framework Convention on Tobacco Control
THE Union Cabinet has ratified the World Health Organisation's Framework Convention on Tobacco Control (FCTC). India, which played a leading role in the negotiations towards the convention, has become the seventh country to ratify the FCTC. ... More

SPICES & CONDIMENTS


Ginger rates continue to rise
THE rising trend continues in ginger prices, as the supply is getting tighter on heavy demand. As there are no new arrivals, the old crop is being traded at Rs 75 to Rs 80 per kg. Thedemand has gone up due to the winter season. Raw ginger ... More

Pepper rules steady on thin arrivals
PEPPER prices appear to have stabilised at least for now in the terminal market here on thin arrivals. Both spot and futures prices have shown an increase over weekend prices. Spot prices on Thursday of MG 1 was Rs 6,800 per quintal and ... More


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