The Hindu Business Line : Wednesday, December 10, 2008

AGRI-BIZ & COMMODITIES

SUGAR: UP mills record drop in sugar recovery
50-100 basis points lower than last year; 50 lakh t output seen. New Delhi, Dec. 9 Sugar recovery rates recorded by mills in Uttar Pradesh (UP) during the ongoing 2008-09 crushing season (October-September) are 50-100 basis points lower compared ...

CO-OPERATIVES: NCDC developmental aid to Kerala at Rs 1,250 cr
Coirfed, Rubco among major beneficiaries. The cumulative developmental assistance to Kerala by the National Cooperative Development Corporation (NCDC) has reached Rs ...

TEA: Tea exports slacken as buyers cancel orders
Production increases 30 million kg during January-October. Chennai, Dec. 9 Cancellation of orders and requests for renegotiations have led to a slowdown in tea exports during the last couple of months. Exports dropped nearly two million kg ...

SUGAR: ‘Govt should build sugar inventory through imports’
Mumbai, Dec. 9 With sugar production expected to fall below the Government estimate of 22 million tonnes, it may be the right time for the Government to build up inventory through imports, particularly when the international prices ...

SUGAR: Sugar industry seeks price hike to support farmers
The South Indian Sugar Mills Association – Tamil Nadu (SISMA) has urged the Centre to take a realistic approach on sugar and sugarcane pricing to support farmers and avoid tinkering with the sugar import policy in the backdrop of ...

CLIMATE & WEATHER: ‘Low’ stays put, presides over locally wet weather
Thiruvananthapuram, Dec. 9 The low-pressure area over Comorin and neighbourhood is staying put with a trough extending into the southwest Bay of Bengal bringing active monsoon conditions yet again over Tamil ...

PLANTATIONS: Plantation meet to discuss ways to improve yield
Mangalore, Dec. 9 The National Research Centre for Cashew (NRCC) at Puttur in Dakshina Kannada district will host the 18th Plantation Crops Symposium (Placrosym) during December ...

HORTICULTURE/FRUITS & VEGETABLES: Potato conference
...

RUBBER: Spot rubber rules steady
Kottayam, Dec. 9 The rubber prices maintained the steady mood on Tuesday. According to market circles there were no sellers in the market as most of the traders seemed unwilling to sell the raw material though there were no quantity buyers in ...

TEA: Average tea prices up Rs 18 a kg at auctions
Between January and October this year, the average auction price of tea on all-India basis was up by nearly Rs 18 a kg at Rs 84.36 (Rs 66.38 a kg in the same period last year) but the quantity of tea sold through auctions during the ...

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Markets (Dec 09)

Nifty (at close on Dec 8)	2784.00(+69.60)
US Dollar (Buy/Sell)	49.56/57
Brent crude (a bbl) Rs	1,947
Gold (a gram) Rs	1,154
Silver (a kg) Rs	16,835

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