Financial Daily from THE HINDU group of publications
Monday, February 06, 2006
Agri Prices (Feb 04)
Sugar S301970 (1970)
Groundnut oil (ready)435 (430)
Coconut oil (ready)4800 (4775)
Pepper garbled (ready)6800 (6750)


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AGRI-BIZ & COMMODITIES

CULTIVATION


Rise in coverage of most rabi crops
COVERAGE of most crops has increased during the current rabi season, even as sowing draws to an end. According to the Agriculture Ministry, the total area under rabi crops has increased to 592.93 lakh hectares (lh) compared with 572.31 lh ... More

Problem of plenty
Paddy harvesting in progress near Thrissur. With a favourable climate in the State, paddy farmers expect a bumper crop this season. While cooperative societies procured the grains last year, the government has announced plans to procure them ... More

INFRASTRUCTURE


AP Govt plans to get Rs 10,000-cr budgetary support in '06-07
The Chief Minister has asked irrigation officials not to heed to the political pressures on projects and asked them to ensure timely completion without compromising on quality. More

PESTICIDES


Toxic in abundance
A farmer spraying pesticides on his vegetable farm in Udhagamandalam in Tamil Nadu. Consumption of pesticides has increased manifold in mono-cropped areas and also where commercial crops are grown. Pesticide use has reached a level of 75,000 mt ... More

RUBBER


`Start importing natural rubber through STC'
THE All-India Rubber Industries Association (AIRIA), a body of small and medium industries, has urged the Commerce Minister, Mr Kamal Nath, to discontinue export of natural rubber and import 20,000 of the commodity through the State Trading ... More

TEA


Coonoor tea prices up on Pak support
A STRONG demand from Pakistan traders at the Coonoor Tea Trade Association (CTTA) auctions here on Friday helped absorption of the lower volume of teas on offer at higher prices. The market was generally up by Rs 2 a kg over the previous week. ... More

Good demand at Kochi tea sale
A GOOD general demand persisted for almost all varieties of tea at the Kochi tea auction. Of the quantity of 9,96,000 kg on offer in the dust category, CTC markets were generally dearer by Rs 2-3 and occasionally more. Orthodox dusts remained ... More

TECHNICAL ANALYSIS


Bullish undertone in NY cotton
NEW York cotton futures ended marginally lower on Friday on trade and producer selling, which was mostly offset by steady speculative buying by funds. Investment funds have been bullish on soft commodities as a whole in 2006, which did not ... More

SPICES & CONDIMENTS


Pepper surges on short supply
PEPPER prices moved up by Rs 100 a quintal last week from that of the previous week on short supply and good demand. Spot pepper prices on Saturday were MG1 (garbled) Rs 6,800 a quintal and un-garbled Rs 6,400 as against Rs 6,700 and Rs 6,300 a ... More



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