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Tuesday, September 30, 2008
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AGRI-BIZ & COMMODITIES

SUGAR: Industry, Centre differ on sugar output estimate
Pawar sees 220 lt during new crushing season, producers 200 lt. New Delhi, Sept 29 The sugar industry and the Centre seem to be having divergent perceptions regarding domestic output prospects for the new 2008-09 crushing ...

OILSEEDS & EDIBLE OIL: Imports may cap rise in edible oil prices
Robust demand could push up sugar prices. Mumbai, Sept 29 Huge inventory of palm oil built by the Government through imports may cap any price rise in soya oil, while sunflower oil may witness a minor hike in prices on the back of good demand ...

SPICES & CONDIMENTS: Cardamom drops on heavy arrivals
The average cardamom price after dropping below Rs 600 a kg last week picked up on Sunday and moved up to Rs 620 a kg last Sunday. However, it declined on Monday at the CPA auction ...

CLIMATE & WEATHER: Monsoon exits from most of north-west
Thiruvananthapuram, Sept. 29 The south-west monsoon has entered the withdrawal phase, with the India Meteorological Department (IMD) confirming that the seasonal weather system has signed off from large parts of the ...

EVENTS: ‘Public investment can boost agri productivity’
Kolkata, Sept. 29 Public investment in agriculture is necessary to boost productivity in order to deal with the rising demand for land for industrialisation, Mr Sitaram Yechury, Member of the Politburo of the Communist Party of India ...

SPICES & CONDIMENTS: Pepper futures move up marginally
Kochi, Sept. 29 Pepper futures market moved up marginally on Monday on bullish sentiments. October contract went up by Rs 51 a quintal to Rs 13,604, while November and December contracts were up by Rs 53 and Rs 47 a ...

RUBBER: Spot rubber downtrend continues
Kottayam, Sept. 29 Rubber prices resumed the downtrend on Monday. The prices fell further on buyer resistance as the international indices were hit badly on heavy long liquidation pushing the October contract deep in to the minus territory ...

TEA: Tea body to finalise project with Nepal institute
Kolkata, Sept. 29 The Tea Research Association (TRA), Tocklai, Jorhat, Assam, is to shortly firm-up a project with Nepal-based International Centre for Integrated Mountain Development (ICIMOD), the leader in integrated mountain ...





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Markets (Sept 29)
Nifty (at close)3850.05(-135.20)
US Dollar (Buy/Sell)46.87/89
Brent crude (a bbl) Rs4,737
Gold (a gram) Rs1,191
Silver (a kg) Rs20,595


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