Financial Daily from THE HINDU group of publications
Tuesday, Apr 04, 2006
Financial Daily from THE HINDU group of publications Tuesday, Apr 04, 2006 |
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Agri-Biz & Commodities
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Plantations Old stocks of white arecanut top Rs 100 Our Bureau
Mangalore , April 3 The price of old stocks of white arecanut touched Rs 100 a kg at the trading platform at South Kanara Agriculturists Co-operative Marketing Society (SKACMS) Ltd on Monday. Traders quoted Rs 82-100 for different grades of the old stocks. The society decides the market for white arecanut. Major co-operatives such as Campco and Mangalore Agriculturists Sahakari Sangha (MASS) and private traders bid for the arecanut stocks in this society. Traders quoted Rs 84-92 for new stocks of white arecanut. Growers of white arecanut are getting this price after five years. The price for the old stocks of white arecanut was Rs 5-10 more in the grey market.
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