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Friday, April 20, 2007
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AGRI-BIZ & COMMODITIES

RICE
Non-basmati rice exports may touch 40 lakh tonnes
Non-basmati rice exports from the country are likely to be around 40 lakh tonnes during the current season ending September. "Exports for the season, which began in October, could have easily touched 36 lakh tonnes by March-end and touching 40 ... More

Bonus period extended for paddy procurement
To ensure adequacy of foodgrains in the Central pool, the Government today extended the incentive bonus of Rs 40 per quintal over the minimum support price (MSP) for paddy procurement beyond March 31. In Andhra Pradesh, Chhattisgarh, Orissa, ... More

CLIMATE & WEATHER
Met dept sees slightly below average monsoon
Forecast contrasts with global agencies' outlook of normal rainfall More

ANIMALS & LIVESTOCK
Rs 1 lakh cr outlay mooted for starting livestock units
The NDC (National Development Council) Sub-Committee on animal husbandry, dairy and fisheries has called for credit outlay of Rs 1,00,000 crore to farmers for starting livestock and fisheries units during the Eleventh Plan period. Interest rate ... More

SEEDS
Advanta India enters NSE with 3.9% premium
The stock of Advanta India Ltd, an international agronomic seed company, made its debut on the NSE at Rs 665 at a premium of 3.9 per cent over its offer price of Rs 640. The stock peaked at Rs 1,000 and touched an intra-day low at Rs 585.35 ... More

INSIGHT
No relief from high edible oil prices
Despite customs duty cut, prices may rule firm More

HORTICULTURE/FRUITS & VEGETABLES
Bumper crop
LOWER PRICES: Sukhsagar - the local variety of onions - have flooded the Kolkata wholesale market. The districts of Nadia, Murshidabad, Malda and Pashim Dinajpur in West Bengal have had a bumper crop. The low prices, ranging from Rs 500-700 ... More

POLITICS
Out of steam
MOTORISED FISHING BOATS anchored in the Bay of Bengal following the 45-day fishing ban for the breeding season that came into effect on April 15, as seen from Kailasagiri hill in Visakhapatnam. ... More

RUBBER
Spot rubber prices rule steady
Physical rubber prices were unchanged on Thursday. The market remained neutral, as it might have overreacted during Wednesday's fall shedding excess wait on panic selling. RSS 4 closed at Rs 870 a kg at Kottayam but the grade was down by 50 ... More

TEA
Steady trend at Kochi tea sale
Steady trends prevailed at the Kochi tea auction that had good general demand. Prices of CTC dust varieties eased by Rs 2-3 while slackening trends were evident in some orthodox varieties as well. Blenders were active in the domestic market while ... More

GOLD & SILVER
Domestic demand for gold waning
Domestic gold demand has been hit by rising interest rates, which have made investible funds expensive, while a strengthening rupee has made gold imports cheaper, notwithstanding strong international prices. The Indian bullion market generally ... More

Gold ETFs turn active
AKSHAYA TRITHIYA More

METALS
Validity of import regime for metal scrap extended
Import from registered sources to start in October More

DAIRY & DAIRY PRODUCTS
Gujarat dairy bags Defence order
The Mehsana District Co-operative Milk Producers' Union Ltd's Dudhsagar Dairy has bagged an Rs 5.56 crore order from the Ministry of Defence to supply Amul Mithaimate (sweetened condensed milk). The Mehsana Union is the ... More

Fresh@ developing 5,000-acre cluster farming area
To use milk vendors for home delivery initiative More

COIR
Call to set up more coir units in AP
There is a need for setting up more cottage units and SSIs for coir manufacture in Andhra Pradesh, as the precious coconut fibre is being burned as fuel and several agro-based units are being starved of raw material, according to Mr Purushottam ... More

SPICES & CONDIMENTS
Cardamom price upsurge continues on thin supply
Thin arrivals at auctions held in Kerala and Tamil Nadu More

Pepper futures slip
The pepper futures market dropped on Thursday, despite reported upward swing in the Vietnam price while other origins ruled steady. Increase in margin by the exchanges, NCDEX and NMCE, coupled with rumours that existing 2,500 tonne cap on ... More






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