Business Daily from THE HINDU group of publications
Tuesday, July 04, 2006
Agri Prices (July 3)
Sugar S301862 (1850)
Ground ready500 (500)
Coconut oil ready4565 (4565)
Pepper garbled ready7450 (7350)


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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES
MetalJunction-NCDEX may launch coal futures
Pact with MMTC, Adani for sourcing thermal coal More

WHEAT
World wheat prices unlikely to ease
Maize consumption may rise to 720 mt More

CLIMATE & WEATHER
Bay system blows in as cyclone
Mumbai rainfall peak by Wednesday More

CULTIVATION
Sowing hopes
A FARMER from a village near Visakhapatnam waits for a bus to carry him and the casuarina saplings bought for Rs 500. The bunch is sufficient for half-acre and he expects the yield in five years. ... More

CONTRACT FARMING
SBI plans to expand seaweed farming to coastal States
Helps SHGs to tie up with Pepsico India More

PULSES
Pulses: AP to hike MSP by Rs 350/quintal
With a view to encourage farmers to diversify more into pulses, the Andhra Pradesh Government has decided to increase the minimum support price (MSP) by Rs 350 a quintal. The Chief Minister, Dr Y.S. Rajasekhara Reddy, has said that the State ... More

AQUACULTURE
Meet on biz opportunities in marine sector
Desalination tech, water transportation hold promise More

RUBBER
Spot rubber prices unchanged
Spot rubber prices were quoted almost unchanged on Monday. The market lacked the strength to move up further in the absence of enquiries from the tyre sector. The covering groups were hesitant to enhance their quotes though there were only a few ... More

SUGAR
Sattur chamber seeks relook at duty-free import of pulses, sugar
The Sattur Chamber of Commerce and Industry has said that the announcement of duty-free import of pulses and sugar defies logic and is not needed now. In a letter to the Prime Minister, Dr Manmohan Singh, the Chamber Secretary, Mr P.T.K. ... More

TEA
Amrita Patel on Tata Tea board
Tata Tea Ltd has informed BSE that Dr Amrita Patel has joined the board of the company as a non-whole time independent Director of the company with effect from June 29, 2006. Dr Patel is the Chairperson of the National Dairy ... More

Centre to fund three tea-related projects
The Ministry of Commerce, as part of a new initiative to give tea research in Assam a leg up, has decided to adopt a consortium research approach, under which the Assam Agricultural University (AAU), Regional Research Centre (a CSIR-affiliated ... More

GOLD & SILVER
Precious metals rise further
Standard gold prices were up Rs 85 at Rs 9,290 per 10 gm from the previous close of Rs 9,205 per 10 gm. Pure gold (99.99 fineness) was up Rs 85 to close at Rs 9,340 per 10 gm from the previous close of Rs 9255. Silver (.999 fineness) price was up ... More

COTTON
Faster approval process for GM crops
`Event based approval system' to be put in place More

SILK
Bivoltine silkworm rearing catches on in Udumalpet
Proposal for setting up sericulture school, silk reeling units More

OILSEEDS & EDIBLE OIL
RBD palmolein edges higher
RBD palmolein moved up on the local edible oil market on Monday on some enquiries. Other major oils also ruled steady. Castor seed August contracts ended lower on stray buying support amid some offerings. Groundnut oil raw was steady at Rs 500 ... More

TOBACCO
AP tobacco auctions fetch better prices this year
Bright prospects seen for Indian produce in global market More

POULTRY
Poultry team for West Asia to allay bird flu fears
To press for lifting of import ban on poultry products More

SPICES & CONDIMENTS
Pepper futures continue to rise
Reports of "Vietnam is not at all a seller" have pushed up the prices of pepper in the futures market. Besides, Vietnam is not offering lower grades also. It has raised its price to $1,850 a tonne (C&F) where as, the Indian parity is at $1,825 . More






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Top Stories
World wheat prices unlikely to ease

Hyderabad cos corner bulk of IPs on vaccines

MetalJunction-NCDEX may launch coal futures

TRAI hauls up BSNL for ignoring orders

Banks refuse discounting of bills sans ECGC cover

`India is exciting, but not without hassles'

AP tobacco auctions fetch better prices this year

`Rates set to move up'

`People's desire to own an affordable four-wheeler has gone up'

Looking back
Jun. 25-Jul. 1
Aluminium majors see uptrend for 3-4 years

Breakthrough in energy, water-saving technologies in rice, wheat

Centre should come clean on sugar situation

Centre opts for duty-free sugar imports

Wheat import duty pegged at 5 per cent

Need to examine demands for edible oil supply thru' PDS

Surge in wheat imports unlikely despite duty cut

Metals rise as Fed signals end to interest rate hike

Palm oil tariff values hiked


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