Business Daily from THE HINDU group of publications
Monday, August 21, 2006
Agri Prices (August 19)
S-301831 (1841)
Groundnut oil ready535 (535)
Coconut oil ready4725 (4750)
Pepper garbled ready10000(9900)


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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES
NCDEX plans to set up mandis for spot trading
High degree of sophistication to provide edge More

CULTIVATION
Reddy seeks Oppn co-operation in irrigation projects
Upset over the delay in executing the ambitious irrigation projects in Andhra Pradesh, the Chief Minister, Dr Y.S. Rajasekhara Reddy, has appealed to the opposition political parties to extend their cooperation in timely execution of irrigation ... More

AQUACULTURE
Aluva aqua park to be export hub
The Kerala Government has initiated steps to set up an `Aqua Technology Park' that will serve as a platform for promoting the production, conditioning and export of ornamental fish. The State, with its climatic conditions and local varieties of ... More

SUGAR
UP mills reach understanding over cane supplies
Crushing operations not to start before November More

Export of molasses begins in TN
Molasses export from Tamil Nadu has commenced over the last one week following the mill-wise quotas granted by the State Government. Traditionally, the Government discourages export of molasses as it is needed as a raw material for the liquor ... More

TAXATION
Agri income likely to stay out of tax net
Govt rejects panel suggestion More

TEA
Coonoor tea prices up on low volume
Price rose generally Rs 2 a kg over the previous week at sale No: 33 of the Coonoor Tea Trade Association (CTTA) here. The volume of 9.72 lakh kg on offer was the lowest of the last 15 weeks. Sluggish ... More

TECHNICAL ANALYSIS
Gold futures could support level
Gold futures ended sharply lower on Friday hit by fund liquidation and speculative selling in a choppy trade. Easing of worries over geo-political tensions and terror threats led to offloading of positions. Oil-led inflation concerns too ... More

Palm oil may test support, rise
Malaysian crude palm oil futures ended marginally higher on Friday on bargain-hunting halting four straight days of decline. Energy prices will again be the focus due to the bio-diesel push, as the hurricane season in the US begins and Iran's ... More

GOLD & SILVER
Gold likely to test $600/oz this week
Could gain support at lower levels on positive sentiment More

SPICES & CONDIMENTS
Speculation keeps pepper futures firm
Increased speculative activities in the pepper futures anticipating rise in prices have pushed up the market on Saturday. Investors are selling futures and buying spot NCDEX delivered. Over 1,700 tonnes of August contract, which matured on ... More

AGRICULTURAL POLICY
AP to set up bio-diesel plantations in 13 dists
Govt to offer financial support to plantation farmers More






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