Business Daily from THE HINDU group of publications
Saturday, March 10, 2007
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Agri Prices (March 09)
Sugar S-301465 (1480)
Coconut oil ready4750 (4750)
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AGRI-BIZ & COMMODITIES

WHEAT
COMMODITY COMMENTARY
Wheat bonus dilemma for Government
Mid-march is likely to be critical for the Government that is fighting food-related inflation on several fronts. In particular, wheat is generating a lot of heat in political and business circles. Estimates of crop size keep oscillating from ... More

CULTIVATION
Higher acreage
ENCOURAGING PRICES: Farmers spraying pesticide on crop of black matpe (urad) near Vijayawada in Andhra Pradesh's Krishna district. Urad production during the current rabi season is estimated to increase on higher coverage of the crop, ... More

COMMODITIES
Inflation rate up on costlier manufactured items
Wholesale Price Index of all commodities at 208.7 More

HORTICULTURE/FRUITS & VEGETABLES
Pink Berry disease may affect grapes export
Shipments likely to be 30% lower this year More

Loved for pungency
RISING EXPORTS: Onions being loaded on to a mini truck in Kochi. Onion exports during April-January in the current fiscal have touched 9.43 lakh tonnes against 7.70 lakh tonnes during the same period a year ago. Maharashtra accounts for 75 per ... More

RUBBER
Focus on exports: Rubber Board chief
Those involved in rubber marketing should concentrate on rubber exports to stabilise prices in the domestic market, according to Mr Sajen Peter, Chairman of the Rubber Board. Considering the gradual fall in prices during the last few days, ... More

Mixed trend in spot rubber
Physical rubber prices showed a mixed mood on Friday. Most of the global indices were weak though TOCOM finished marginally higher wiping out the initial loses on short covering towards close. Sheet rubber finished static at Rs 87 a kg at ... More

TEA
Restrained buying at Coonoor tea auctions
In keeping with Thursday's leaf grade sales, nearly 60 per cent of the dust grades offered at the Coonoor Tea Trade Association (CTTA) auctions went unsold on Friday. The unsold portion of the last two weeks was offered for sale on Friday. It ... More

Steady trend at Kochi tea sale
The 7,88,000 kg of dust tea on offer at the Kochi tea auction had fair general demand and prices of most varieties remained steady. High-priced CTC varieties ruled steady, while good mediums and other CTC varieties were steady to dearer by Re ... More

COTTON
Cotton futures gain on hike in procurement rates
Riding on the Cotton Corporation of India decision to raise procurement prices by Rs 200 to Rs 300 per candy (one candy is equal to 356 kg), kapaskhali futures on MCX went up 2.39 per cent to Rs 376 per 50 kg. Lowering of kapas production ... More

OILSEEDS & EDIBLE OIL
Budget leaves vanaspati industry disappointed
Exemption given to edible oil imports from 4 per cent additional countervailing duty `too insignificant' More

INTERVIEW
Commodity volatility led by risk aversion: StanChart
Unfolding of events at the same time cited as reason More






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