Financial Daily from THE HINDU group of publications
Wednesday, April 05, 2006
Agri Prices (Apr 04)
Sugar S301855 (1835)
Ground ready445 (443)


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AGRI-BIZ & COMMODITIES

WHEAT


Wheat prices a tad above MSP as arrivals begin
More stocks likely to hit market from next week More

COMMODITY EXCHANGES


DGCX to launch gold, silver options
Dubai Gold and Commodities Exchange (DGCX) plans to launch options on gold and silver in the last quarter of the year. The exchange, which recently commenced trading in silver futures, has been accorded approval by the Emirates Securities and ... More

INSIGHT


Compounding troubles for farmers
The rate of interest charged on farm loans is not as important as the method of charging it. By compounding, in defiance of a Supreme Court judgment and RBI directives, cooperative banks are all but practising usury. In absolute terms, the finan cial loss caused to the farmers of India in the 1980s and the 1990s could be as high as Rs 3 lakh crore More

HORTICULTURE/FRUITS & VEGETABLES


Rain, pests likely to hit mango yield in AP
PRODUCTION PROBLEM More

RUBBER


Rubber static on lack of buying
The absence of follow up buying kept spot rubber unchanged on Tuesday. The market stagnated at higher levels, as major manufacturers had not revised the quotes for the week. The day's trading appeared listless as there were no active sellers ... More

SUGAR


Dwarikesh to expand co-generation capacity
Dwarikesh Sugar Industries Ltd has informed the Bombay Stock Exchange that the company is intending to expand its co-generation capacity from 26 MW to 50 MW by setting up additional co-generation capacity of 24 MW at its Dwarikesh Puram ... More

Sugar moves higher
Sugar spot prices moved up further at the Vashi wholesale market on Tuesday on continued buying interest from retailers. Small grade (S-30) was up Rs 20 at Rs 1,855/1,900 per quintal over previous day. Medium grade (M-30) was up Rs 11 at Rs ... More

GOLD & SILVER


Precious metals rise further
Precious metals firmed up further on the local bullion market on Tuesday on firm overseas markets. Silver (.999 fineness) was up Rs 95 at Rs 17,525 per kg over previous close. Pure gold prices were up Rs 35 at Rs 8,575 per 10 gm. Standard mint ... More

METALS


Meet to discuss metal price behaviour
A one-day seminar on exchange traded commodities price outlook for 2006 covering bullion, metals and energy will be held in Mumbai on April 22. Organised by Foretell Business Solutions, the meeting will bring together experts and market ... More

COTTON


Global cotton prices robust, limited benefit to India
The global cotton market is booming. Rising consumption, record exports and large inventory with prices attractive to producers are the major features of the market this season. Yet, cotton growers in India are unable to reap the full benefit of ... More

OILSEEDS & EDIBLE OIL


Groundnut oil moves up
Groundnut oil and refined soya oil moved up on the local edible oils market on Tuesday on continued local buying. RBD palmolein ruled steady. Castor seed June futures ended lower on lack of fresh buying interest. Groundnut oil raw was up Rs 2 ... More

Hyderabad to host meet on oilmeal usage
The Solvent Extractors' Association of India (SEA), jointly with CLFMA of India (CLFMA) and American Soybean Association (ASA), has organised the 7th National Seminar for popularisation of oil meal usage in compound cattle, poultry and aqua feeds ... More

COMMODITY MARKETS


Veg oil market in bear grip
Large S. America soya crop, huge palm stocks cast shadow More
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