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Friday, March 05, 2004

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AGRI-BIZ & COMMODITIES

RICE
Swaminathan suggests bio-rice parks in AP
DR. M.S Swaminathan, agricultural scientist, has suggested the setting up of two or three bio-rice parks in Andhra Pradesh to achieve a quantum jump in yields and quality. He was speaking here after releasing the second volume of the atlas ... More

CLIMATE & WEATHER
Kollam continues to get showers
KOLLAM district continued to hold on to the recorded highest aggregate rainfall for the two-month season ending February 29, according to the Agromet Advisory dated March 4 issued by the Met Office, Thiruvananthapuram. The precipitation was ... More

SUGAR
Sugar trading Web site slips into limbo — Industry shifts focus to starting futures
SUGARTRADE.COM, the country's Web site on sugar industry promoted by the leading sugar companies, is not in operation for quite sometime and is unlikely to restart in the near future. The Web site belongs to e-commodities Ltd and is promoted ... More

TEA
Tea exporters bid for Iraq export order
INDIAN export houses today placed their final bids for the second tranche of export order from Iraq in the new year. Trade sources told Business Line that the tender for around 4,000 tonnes of tea for Iraq has been issued by the World ... More

Bengal Govt panel favours 100% auctioning of tea — Wants rationalisation of salami payments
The committee also touched upon the most critical input of tea industry, the labour force. Dr Sen suggested that there is a need to review the 1969 agreement on labour productivity. More

ALUMINIUM
Aluminium seen ruling strong
ALUMINIUM prices are seen ruling strong well until the first half of 2005, copper prices are likely firm, while zinc prices are projected to rise 26 per cent this year, according to the Australian Bureau of Agriculture and Resource Economics ... More

OILSEEDS & EDIBLE OIL
Global oilseeds output to touch 360 mt next year
WITH global supply unable to keep up with rising demand, world oilseeds production is expected to rise 5 per cent to 360 million tonnes (mt) during 2004-05 (July-June). Production is anticipated to rise mainly from increase in area under ... More

World vegoil prices seen firm on tight supplies
IN continuation of the rally that started in October last year, world vegetable oil prices are expected to remain considerably firm over the next six months, aided by tightening supplies and depleting stocks. From May/June, weather in important ... More

Sanwaria Agro board clears power sector foray
SANWARIA Agro Oils Ltd, one of largest soya oil refining companies in the country, informed the BSE on Thursday that the meeting of the board of directors approved the proposal for foray into power generation sector. However, the board decided ... More

SPICES & CONDIMENTS
Cardamom slide continues
CARDAMOM prices continued to slide on weak demand at major auctions in Tamil Nadu and Kerala. The arrivals also dropped as harvesting in most of the areas came to a close, except in some of the major plantations where irrigation facilities ... More

TRENDS
Depleted stock
Mussels being collected in Njarakal near Kochi. Water pollution has depleted the growth of mussels in the region.

More




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