Financial Daily from THE HINDU group of publications
Friday, April 28, 2006
Agri Prices (Apr 27)
Sugar S-301910 (1906)
Ground ready475 (474)
Coconut oil ready4825 (4800)
Pepper garbled ready7000 (7000)


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AGRI-BIZ & COMMODITIES

HORTICULTURE/FRUITS & VEGETABLES


Govt to boost horticulture exports
Efforts on to rope in AEZs' support More

RUBBER


Accumulating gains
STRETCHING PROFITS?: A worker arranging rubber sheets at a godown near Kochi. Rubber prices are ruling at a historic high of Rs 91 a kg on soaring demand, especially from the tyre sector. The Rubber Board expects the country's rubber production ... More

Spot rubber spurts further
Despite another slide in global futures, the physical rubber market recorded considerable gains on Thursday. Covering groups were aggressive to offer higher quotes expecting major manufacturers to remain active in the days ahead. RSS 4 improved ... More

TEA


Kochi tea prices firm on demand
Despite good general demand, prices remained steady to easier at Kochi tea auction. High priced CTC varieties remained barely steady and sometimes eased by Rs 3-5. CTCs lower Medium CTC grades were quoted lower ... More

Tea volume low at Coonoor
Volume continues to be low at the Coonoor Tea Trade Association (CTTA) auctions this week when the year's 17th sales will take place this week. This will be the last sale for April, the opening month of the current fiscal. The offer of ... More

Record price for Sutton Estate tea
A consignment of `Silver Tips' tea, produced by Sutton Estate in the Nilgiris, belonging to Neelamalai Agro Industries Ltd, fetched Rs 1,001, the highest price realised for tea this season in the South. Ms Forbes, Ewart & ... More

GOLD & SILVER


Silver dips; gold rules firm
Silver reacted at the higher level on some offerings amid weak overseas market, while gold ruled firm on the local bullion market on Thursday on scattered buying interest. Silver (.999 fineness) spot was down Rs 270 to Rs 19,875 ... More

METALS


New import policy to hit metal scrap
The new measures announced by the Government recently would impact the import of metallic waste and scrap. As per the new import policy 2006-07, imports of non-ferrous metal scrap would be allowed only from overseas suppliers who are registered ... More

Rising zinc prices hit galvanised steel cos
Domestic majors hedging zinc contracts on LME More

OILSEEDS & EDIBLE OIL


COMMODITY COMMENTARY
Importing high oil content seeds will make commercial sense
Currently, soyabean imports are subject to compliance with phyto-sanitary conditions and customs duty. The US is seeking to modify this. More

`New import norms not for non-GM soya oil'
Environment Ministry says it's for oil from GM seeds only More

SPICES & CONDIMENTS


Pepper futures rule steady
Pepper futures prices ruled steady on Thursday with marginal improvement, as there was no liquidation. There was no selling pressure in spot market also. Besides, the Vietnam ASTA was being quoted at $1,525 a tonne (c&f). As there is a ... More
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Looking back
Apr. 16-Apr. 22
Govt mulls allocating surplus foodgrains to poultry industry

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Rubber output may top 8.30 lakh t this fiscal

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`Caution needed for small investors to enter market'

NCDEX slaps special margin on wheat contracts



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