The Hindu Business Line : Tuesday, June 13, 2006

STC floats fresh wheat tender
The State Trading Corporation of India (STC) on Monday issued a fresh tender for import of 22 lakh tonnes (lt) of wheat on behalf of the Union Government. The last date for submission of bids as well as opening of the tender is June 20. This is ... More

CULTIVATION
Farmers asked to defer sowing
MONSOON HOLD-UP More

RUBBER
Spot rubber prices mixed
The physical rubber prices showed a mixed mood on Monday. The weekend losses were partially recovered on renewed buying interest from the covering groups and purchase agents but the volumes were low. Sheet rubber improved to Rs 110 from Rs ... More

TEA
Coonoor tea prices decline on quality
Prices dropped at the auctions of the Coonoor Teas Trade Association (CTTA) over the weekend as the demand was inadequate to absorb the huge volume at higher bids. On the average, prices fell Rs 2 a kg over the previous week. The volume of ... More

FINANCIAL PERFORMANCE
Amul turnover up 29 pc at Rs 3,773 cr
The Gujarat Co-operative Milk Marketing Federation (GCMMF) has achieved 29 per cent growth to close the fiscal with a record turnover of Rs 3,773.55 crore, even as Amul ice-cream has emerged the market leader. The fiscal gone by saw 31 per cent ... More

GOLD & SILVER
Gold, silver decline further
Standard gold prices were down Rs 35 at Rs 9,040 per 10 gm from Rs 9,075 per 10 gm. Pure gold (99.99 fineness) was down Rs 35 to close at Rs 9,090 per 10 gm from Rs 9,125. Silver (.999 fineness) price was down Rs 265 to close at Rs 16,930 from Rs ... More

OILSEEDS & EDIBLE OIL
Edible oils recover
All major edible oils recovered on the local edible oil market on Monday on renewed buying interest amid reduced offerings. Imported crude soya oil was up Re 1 at Rs 377 per 10 kg. RBD palmolein was up Rs 2 at Rs 402 per 10 kg. Castor oil ... More

SPICES & CONDIMENTS
Cardamom loses flavour on oversupply
Arrivals projected at 12,500 tonnes More

Pepper futures fall on liquidation
Pepper futures market witnessed a further decline on Monday following liquidation. However, the competitive Indian parity, ruled steady at $1,600-1,650 a tonne (c&f), could generate demand from the selected pockets in the overseas market, ... More

Hoping for demand
QUALITY MATTERS: A worker checking the quality of pepper at a godown near Kochi. Pepper exports increased to 16,700 tonnes worth Rs 140.50 crore last fiscal from 14,150 tonnes valued at Rs 121.40 crore the previous year. Currently, export prices ... More