Business Daily from THE HINDU group of publications
Friday, January 12, 2007
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Agri Prices (Jan. 11)
Sugar S301520 (1528)
Ground ready600 (580)
Coconutoil ready5325 (5325)
Pepper garbled ready11300 (11300)


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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES
`Launch of gold ETF may affect futures trading'
The launch of gold exchange traded funds (ETF) by mutual funds may affect futures trading in gold, apprehended commodity exchange officials. Currently, apart from buying physical gold, commodity futures market is the only avenue in the country ... More

FARM CREDIT
Nabard report projects higher credit plans for Bengal
Call for augmenting credit-deposit ratio More

CULTIVATION
Tales of sweet success
Why sugarcane farmers are better off than those who are into rice cultivation... More

PESTICIDES
`Cut excise duty on pesticides to nil'
The Agrochemicals Policy Group (APG) has urged the Union Government for zero excise duty on pesticides, besides reducing various other taxes. These measures will help make pesticides affordable to the farmers. This, in turn, will lead to ... More

RUBBER
Spot rubber rules steady
Spot rubber closed steady on Thursday. The prices failed to sustain at better levels on buyer resistance amidst selling from dealers and growers. Rumours on import duty relaxation for NR continued to cast its shadow over the market. RSS 4 ... More

TEA
Coonoor tea sales fetch more
Producers who sold their teas through the auctions of the Coonoor Tea Trade Association (CTTA) have earned Rs 29 crore more in 2006 than in 2005. An analysis of the 51 auctions held in 2006 shows that every kg of the tea fetched Rs 11.75 more ... More

Open outcry sale at Coonoor tea auctions
The auctions at Coonoor Tea Trade Association (CTTA) held here on Thursday returned to open outcry system as the computers developed technical hitch. "We understand that there is some dispute between the service providers and the Tea Board in ... More

SPICES & CONDIMENTS
Chilli futures turn hot on S. Korea deal
Chilli futures on NCDEX turned red hot with South Korean traders buying in the Guntur (AP) market. Spot prices moved up from Rs 6,200 per quintal to Rs 6,800. Chilli futures closed with a gain of 1.42 per cent at Rs 4,275. Pulses saw a mixed ... More

Cardamom recovers on buying support
Prices up Rs 30/kg More

AGRICULTURAL POLICY
Cabinet lifts sugar export ban
The Centre, on Thursday, lifted with `immediate effect' the ban on export of sugar from the country sans any quantity ceiling. The Ministry of Consumer Affairs, Food and Public Distribution had earlier proposed to free up exports up to a ... More

OUTLOOK
Growers report drop in arabica output
Coffee Board `confident' about its post-monsoon estimate More






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