Financial Daily from THE HINDU group of publications
Tuesday, January 17, 2006
Agri Prices (Jan 16)
Sugar S301869 (1842)
Groundnut oil (ready)440/438
Coconut oil (ready)4750 (4775)
Pepper garbled (ready)6750 (6850)


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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES


NCDEX spot gas trading being held up by delay in GAIL board approval
DELAY in securing a formal approval by GAIL (India) Ltd from its board of directors is holding up National Commodity and Derivatives Exchange Ltd (NCDEX) from launching spot trading in natural gas. GAIL had earlier entered into an agreement ... More

HORTICULTURE/FRUITS & VEGETABLES


Scaling up
A vendor selling apples at the wholesale fruit market Azadpur Mandi in the Capital. The cost per box of 18 kg apples ranges from Rs 500-700. Prices have been rising due to poor arrivals. ... More

RUBBER


Rubber prices at new highs
THE domestic rubber continued to record new highs on Monday. Shortage of rubber in the main marketing centres and extremely firm overseas indices were the inspiring factors behind the current uptrend. Covering groups took initiative to offer ... More

SUGAR


Dwarikesh Sugar's Q1 sales growth at 22 pc
DWARIKESH Sugar Industries Ltd has reported a 22.05 per cent growth in sales to Rs 40.37 crore for the first quarter ended December 2005. The rise in sales was as a result of better realisation in sugar prices. Net profit rose to Rs 7.63 crore, ... More

Mills wrangle for sugarcane in UP
"Our average procurement cost is Rs 116, which is less than the procurement price in other States,'' a private mill official said. More

Praj Ind bags contracts from Bajaj Hindustan
THE Pune-based Praj Industries, which specialises in ethanol technology, has bagged three contracts for the supply of technology, plant and equipment from sugar manufacturer Bajaj Hindustan. A company statement said here on Monday that once ... More

TEA


Second edition of tea quality contest in Feb
ENTHUSED by the success of the first tea quality competition - The Golden Leaf India Awards (TGLIA) - in September 2005, Upasi and the Tea Board are planning to roll out the second edition of the competition. TGLIA 2006 is expected to ... More

OILSEEDS & EDIBLE OIL


Base import prices cut for crude palm, soyabean oils
THE Government today revised tariff values for various vegetable oils vide customs notification 02/2006. The tariff value of crude palm oil and crude soyabean oil has been reduced marginally. These two oils dominate the country's import ... More

GENERAL INSURANCE


`Farmers happy with rain insurance scheme'
FARMERS in Andhra Pradesh, and the country in general, are happy with the rain deficit insurance scheme (Barish Bima Yojana) introduced by IFFCO-Tokio General Insurance Company Ltd and the claim settlement is hundred per cent, according to Mr N.K ... More



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The economic decline of Maharashtra


Base import prices cut for crude palm, soyabean oils

Committee asks SEBI to place depositories, DPs on high alert — Bank of Baroda, Andhra Bank follow-on offers

Talks on renewal of treaties hit rough patch — No discounts, say reinsurers

`Ultra-mega' power plants — Generation cost to be under Rs 2 per unit

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In Depth

Gender Justice
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Looking back
Jan. 8-Jan. 14
Messy policies put vegetable oil industry in a fix

Demand-supply factors may prop up metals

Suguna group to export 'portion' chicken to Japan

Soyameal price rises on pick-up in demand

Agriculturists seek stepping up of farm sector investments

Edible oil imports down in April-October

Sugar prices decline as Centre releases extra quota for UP mills

Outlook for precious metals price seen positive

Biotech crops make inroads globally

Wheat prices gallop on tight supply — Govt confident of tackling the situation

PSBs courted on farm loans — Private, foreign banks behind targets

Sugar coops to supply ethanol to oil PSUs


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