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Tuesday, January 04, 2005

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AGRI-BIZ & COMMODITIES

RESEARCH & DEVELOPMENT


Project to produce beta-carotenes in groundnut
THE International Crops Research Institute for Semi-Arid Tropics (Icrisat) has launched a research project to enhance the production of beta-carotenes in groundnut. The research is expected to help combat vitamin A deficiency among the poor. ... More

COMMODITY EXCHANGES


MCX makes 10 t physical delivery in pepper contract
MCX (multi-commodity exchange) has recorded physical delivery of 10 tonnes in the pepper December `04 contract. The total volume in the pepper December `04 contract period was 917 tonnes valued at Rs 662.66 lakh, which resulted in a physical ... More

RICE


Rice millers to meet tomorrow in Hyderabad
RICE millers in Andhra Pradesh are to meet on Wednesday in Hyderabad to deliberate on the issue of agricultural marketing cess of one per cent imposed on rice, according to Mr D. Bhaskara Reddy, President of the East Godavari District Rice ... More

Staple variety
Paddy harvesting in the final stages at Palakkad in Kerala. The drop in prices in the open market is said to have forced procurement agencies to hold back an estimated 20 tonnes of paddy. The open market price is reportedly Rs 2 less than the ... More

CLIMATE & WEATHER


Tsunami advisory for farmers in Kerala
Farmers in the State have been advised against irrigating crops using canal waters that connect to the sea. This has been necessitated by the intrusion of seawater into the irrigational canals that connect to the sea brought about by the ... More

AQUACULTURE


Meet on TQM in seafood industry
The workshop would try and disseminate information regarding implementation of TQM in the seafood industry. More

Fish prices slump at Vizag market
TSUNAMI has hit sale of fish here with apprehensions that consumption of seafood is injurious to health in the aftermath of the calamity. Consequently, fish prices have crashed in the local market. About 30 mechanised boats, which ventured ... More

INSIGHT


Delivery mechanism in commodity exchanges — Strong link with price discovery
DELIVERIES are an integral part of commodity exchanges (comex). Even though they form an insignificant portion of the total volume of trade transacted on the exchange, the basis of delivery and its effect on the ready ... More

RUBBER


Spot rubber prices weak
AFTER a steady and firm closing on Saturday, most of the spot rubber grades were quoted slightly weak on Monday. Buyers preferred to maintain a low profile in the absence of clear signals from the leading international markets, while certain ... More

SUGAR


Bulk buyers to bear brunt of sugar price rise
THE ordinary middle class housewife may have a lot to complain about sugar turning dearer, particularly over the last one month. But in terms of sheer economic impact, it is not the retail households but the bulk industrial consumer who would ... More

TEA


Producers seek changes in tea control order — Moots separate mechanism to check price fall
ITA has mooted steps to ensure that the prices do not fall more than 3 per cent of the rates recommended by tea brokers. More

METALS


Steel, aluminium prices hiked
FOLLOWING the price hike of Rs 500 per tonne by Steel Authority of India Ltd (SAIL), other private producers on Monday announced hike in prices of hot rolled (HR) coils by the same amount. The new prices would be in the range of Rs 28,000 per ... More

COFFEE


Coffee powder prices hiked by Rs 5-10 a kg
COFFEE powder prices have been hiked by Rs 10 a kg to Rs 160 with immediate effect. Trade sources have hinted about the possibility of further hikes in the coming months, including one before the end of the month. A leading trader told ... More

SPICES & CONDIMENTS


Cardamom prices up
CARDAMOM prices showed an upward trend last week on good demand and short supply at auctions in Tamil Nadu and Kerala. The prices moved up by Rs 40 to Rs 50 a kg after the Diwali holidays, pushing up the weighted average price to Rs 302.25. ... More

Pepper, cardamom e-marketing from Jan 20
THE Union Commerce Minister, Mr Kamal Nath, will officially launch the Spices Board's direct electronic-marketing of organic pepper and cardamom on January 20. The State Trading Corporation Ltd (STCL), which would be purchasing these ... More

CO-OPERATIVES


2 AP co-op sugar factories resume crushing
TWO co-operative sugar factories — one in Visakhapatnam district and the other in Vizianagaram district — resumed crushing on Sunday. The Congress party, it may be noted, promised in its poll manifesto to revive the ailing ... More


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Dec. 26-Jan. 1
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