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Monday, March 21, 2005

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AGRI-BIZ & COMMODITIES

AQUACULTURE


`Phase out antibiotics from aquaculture'
A three-day international symposium has urged the fishing community to adopt a zero-level antibiotic usage to sustain aquaculture production and maintain exports. The symposium was on `Improved Sustainability of Fish Production Systems and ... More

SUGAR


Imports under advance licence — Proposal to exempt sugar mills from 7.5 pc customs duty
A PROPOSAL has been mooted to exempt mills from payment of 7.5 per cent customs duty on raw sugar imports under the advance licence (AL) scheme. The proposal, currently doing the rounds of the market, comes even as a senior official at the ... More

Sweet news
Sugarcane growers in the North have not had it so good for a long time. With prices ruling at higher levels, mills have been paying them Rs 110-125 per quintal in the current season (against Rs 80-95 per quintal in the previous season) to entice ... More

TEA


Coonoor tea falls on poor demand
PRICES dropped sharply at the tea auctions conducted by the Coonoor Tea Trade Association (CTTA) here as the demand continued to be sluggish despite the volume offered remaining low at 10.07 lakh kg. Some teas fetched even Rs 10 a kg lower than ... More

TECHNICAL ANALYSIS


Cotton futures may move down
New York cotton futures settled lower on Friday on profit-taking and speculative selling, snapping a five-week rally which saw futures rise to 9-months high, as the overall bullish mood in commodity markets kept fibre contracts buoyant. Part ... More

FOODS & FOOD PROCESSING


Extend benefits of agriculture to all value-added agri-processing: CII
THE Government should consider all value-added agri-processing as agriculture and provide benefits such as zero taxation, zero VAT, zero octroi and zero excise in order to help realise the country's potential in the area, according to the ... More

DAIRY & DAIRY PRODUCTS


Dairy fest in Thiruvananthapuram
THIRUVANANTHAPURAM: The Kerala Government's Dairy Development Department is organising a two-day district `dairy festival' in Thiruvananthapuram on Monday and Tuesday. According to the event's organisers, the dairy festival will bring ... More

OILSEEDS & EDIBLE OIL


Indonesia to protest hike in Indian palm oil duty
UPSET with last month's steep hike in the customs duty on palm group of oils, Indonesia, world's second largest producer and exporter, has decided to lodge a protest on the ground that the Indian duty structure favours soyabean oil and ... More

Vanaspati sales: FDA restraint on Gujarat Ambuja Exports
THE Maharashtra Food and Drug Administration (FDA) has "prohibited" the sale of vanaspati worth Rs 6-7 crore from Gujarat Ambuja Exports' Bhiwandi godown on suspicion of being sub-standard, according to Mr A. Ramakrishnan, FDA Commissioner. ... More

SPICES & CONDIMENTS


Pepper prices move up on short supply fears
PEPPER prices moved up on reports of decline in production in Vietnam due to severe drought there and thin supply position here owing to procurement by Government agency. Spot prices as well as futures continued to show an upward trend. ... More

EVENTS


Meet on globalisation of agriculture
THE Hyderabad-based Centre for Economic and Social Studies (CESS) will hold a South Asia Regional Conference (SARC) of International Association of Agricultural Economists here from March 23. The three-day conference on `Globalisation of ... More


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Looking back
Mar. 13-Mar. 19
Dairy products export set to cross Rs 500 cr — GCMMF pegs export turnover at Rs 125 cr

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Tea production down 4 pc in 2004; imports rise over 200 pc

Govt scraps cess on coffee exports


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