Financial Daily from THE HINDU group of publications
Saturday, January 21, 2006
Agri Prices (Jan 20)
Sugar S301883 (1870)
Groundnut oil (ready)435 (433)
Coconut oil (ready)4450 (4500)
Pepper garbled (ready)6800 (6750)


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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES


FMC asks NCDEX to withdraw decision on chana, urad settlement
THE commodity futures regulator, Forward Markets Commission (FMC), on Friday stated that the decision taken by NCDEX on January 19 regarding final settlement price of chana and urad was contrary to the directions issued by the commission not to ... More

FLORICULTURE


Floriculture hub: Govt seeks Nabard aid
THE Karnataka Government intends setting up of a floriculture export hub in the vicinity of the proposed international airport project. The State Government has sought assistance from the National Bank for Agriculture and Rural Development ... More

RUBBER


Rubber scales new peak
COVERING groups and purchase agents took spot rubber to further highs on Friday. The market seemed to be reeling under short supply as RSS 4 appears to be heading towards its next target of Rs 80 a kg. According to reports from Kochi, there ... More

SUGAR


Bajaj Hindusthan to invest Rs 440 cr in expansion
BAJAJ Hindusthan on Friday announced its plans to set up a greenfield sugar plant and expand power cogeneration with a total investment of Rs 440 crore. It has also recorded a 138 per cent growth with a net profit of Rs 24.24 crore for the ... More

Rising prices add sweetness to sugar stocks
SHARES of sugar manufacturers, including Ugar Sugar Works Ltd, Oudh Sugar, Sakthi Sugar, Sree Renuka Sugar, Rana Sugars, EID Parry, Bajaj Hindustan and Balrampur Chini Mills, continued to rise on the stock markets on Friday. Investors are ... More

EID Parry third quarter turnover, net up
CHENNAI: The turnover of E.I.D.- Parry (India) Ltd for the quarter ended December 31, 2005 stood at Rs 223.04 crore (Rs 189.17 crore). The profit before tax was Rs 38.22 crore, including Rs 22.85 crore representing profit on sale of share ... More

AGRICULTURAL INSTITUTIONS


Nabard projects Rs 32,574-cr credit potential for AP
THE State Focus Paper (SFP) for Andhra Pradesh prepared by the National Bank for Agriculture and Rural Development (Nabard) has projected a credit potential of Rs 32,574 crore for farm and non-farm sector activities for the next fiscal. This ... More

COTTON


NGO flays Monsanto chief's move to meet President, PM
THE proposed meeting of Mr Hugh Grant, Chief Executive Officer of Monsanto, with the Prime Minister, Mr Manmohan Singh, next week has come in for criticism from non-governmental organisations, farmers and scientists. SAGE (South Against Genetic ... More

COFFEE


Coffee growers report lower than expected harvest
FEARS of coffee growers that the current season crop could be lower than revised estimates have begun to turn true. Most of them are now reporting lower than anticipated harvest, especially in arabica. According to Mr Anil Kumar Bhandari, ... More

SPICES & CONDIMENTS


Chennai to host World Spices meet
THE Eighth World Spices Congress - 2006 will be held in Chennai during January 27-29. The three-day congress, which would have different sessions on business, quality and food safety, crops and markets and futures trading in spices etc, will ... More



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Jan. 8-Jan. 14
Messy policies put vegetable oil industry in a fix

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