Financial Daily from THE HINDU group of publications
Friday, September 23, 2005
Agri Prices (Sept 22)
Sugar 301760 (1770)
Groundnut oil ready478 (478)
Coconut oil ready5050
Pepper garbled ready6400


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AGRI-BIZ & COMMODITIES

FARM CREDIT


`Widen scope of crop scheme'
THE Tamilnadu Farmers Association, at its meeting held here, observed that the crop protection scheme implemented in the State gave them only minimum benefits, and urged the Government to expand the scope of the scheme so that full benefits could ... More

AQUACULTURE


Dipping trend
Fisheremen preserving sardines at a unit on Kappad beach, Kozhikode in Kerala. Dwindling catches from deep sea have led to excess fishing near the shores, threatening fish stock in the Arabian Sea. Sixty-five per cent of sardines in the ... More

RUBBER


Rubber prices post smart gains
THE domestic rubber market recorded smart gains on Thursday. Led by rumours on an acute shortage of the raw material, the prices moved up as there were no quantity sellers even at the quoted levels. Sheet rubber RSS 4 improved sharply to Rs 61 ... More

SUGAR


Sugar output may top 180 lakh t next season
SUGAR production during the season 2005-06 is estimated to be around 180 lakh tonnes, up from 130 lakh tonnes for the current season 2004-05, according to Mr Prakash Naiknavare, Managing Director, Maharashtra State Co-operative Sugar Factories ... More

Sakthi Sugars allocates Rs 25 cr for cane price equalisation fund
SAKTHI Sugars has set aside Rs 25 crore as `Cane Price Equalisation Fund' from its net profit of Rs 27.02 crore. The board met here on Wednesday and decided to apportion this sum. When contacted, the Managing Director, Mr M. Manickam, said ... More

TECHNICAL ANALYSIS


Gold may test resistance, dip
SPOT gold prices rose sharply higher registering a 18-year high, bolstered by high crude oil and gasoline prices as well as worries about the US economic growth post hurricane Katrina. More supply in the coming months, less jewellery demand ... More

METALS


Fundamentals continue to drive metal prices
FUNDS or fundamentals - what drives commodity market prices, is a question that often engages the stakeholders, especially during times of high price volatility. While fundamentals have always had an impact on prices, the role of funds too ... More

COTTON


Cottonseed output pegged at 80 lakh t
COTTONSEED production in the country is expected to touch 80 lakh tonnes due to record crop during the current season, up 35 per cent over the previous season's 59 lakh tonnes, according to Mr Sandeep Bajoria, Chairman, All India Cottonseed ... More

SPICES & CONDIMENTS


Diwali demand boosts cardamom
CARDAMOM prices increased by Rs 15 a kg for all varieties on buying support at the auctions in Kerala and Tamil Nadu during the week. Traders from North India were active in the market indicating that there is good domestic demand as Dasara ... More

AGRICULTURAL POLICY


Single super phosphate subsidy hiked by 50 pc
THE Cabinet Committee on Economic Affairs (CCEA) on Thursday decided to increase the subsidy on single super phosphate (SSP) fertiliser by 50 per cent from the existing Rs 650 a tonne to Rs 975 a tonne on an ad hoc basis following ... More

PEOPLE


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