Financial Daily from THE HINDU group of publications
Thursday, January 12, 2006
Agri Prices (Jan 11)
Sugar S301850
Coconut oil (ready)4700
Pepper garbled (ready)6950


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AGRI-BIZ & COMMODITIES

FARM CREDIT


Bengal's credit needs for plantation, horticulture put at Rs 184 crore
According to Nabard, the diverse agro-climatic and physiographic conditions in the plains, and the hilly zone offer scope for cultivation of several high-value medicinal and aromatic plants. More

RUBBER


Rubber may continue to rule over Rs 70/kg
NATURAL rubber prices may continue to rule above Rs 70 a kg in the coming months as production will begin to peter out from mid-February even as its demand is likely to continue, according to traders. "There is very little chance that the price ... More

Spot rubber gains on bullish global trend
GUIDED by the firm international trend, the domestic rubber market recorded all-round gains on Wednesday. Covering purchases at lower levels helped the spot prices to improve marginally though major manufacturers continued to stay inactive. ... More

SUGAR


Sugar prices decline as Centre releases extra quota for UP mills
SUGAR spot prices have suffered a setback with the announcement of 50,000 tonnes of additional free sale quota to Uttar Pradesh-based mills by the Union Government on Tuesday. Spot prices of medium grade (M-30) in Mumbai declined to Rs ... More

TEA


Higher volumes of tea for sale at Coonoor
THE volume of tea catalogued for sale at the Coonoor Tea Trade Association auctions on Thursday and Friday are nearly three lakh kg more than the first sale for 2006 held last week — the lowest for years. A volume of 10.39 lakh kgs has been ... More

FOODS & FOOD PROCESSING


FICCI seeks Govt sops for agri-processing industry
FOR providing support to the food-processing sector, the industry chamber FICCI has asked the Government to levy zero excise duty on all farm produce and processed foods. The chamber has also asked reductions in duty on machinery to four per ... More

DAIRY & DAIRY PRODUCTS


Himalya Intl begins first phase of cheese production
HIMALYA International Ltd (HIL) has begun its first phase of cheese production at its new plant in Himachal Pradesh. Commercial production is expected to commence next month. "A technical team from the foreign collaborator visited our unit ... More

NDDB in pact with Sri Lanka body
THE National Dairy Development Board (NDDB) has signed a memorandum of understanding with Gemidiriya Foundation, an autonomous body set up by the Sri Lanka Government, to set up a dairy project. "NDDB will provide assistance in the ... More

COFFEE


Gathering momentum
Workers picking coffee at an estate in Madikeri in Kodagu district, Karnataka. Coffee harvest is in full swing and a rise in global prices has come in handy for the growers. Coffee prices are near six-month high on tight supply, though the rates ... More



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