Business Daily from THE HINDU group of publications
Thursday, June 22, 2006
Agri Prices (June 21)
Sugar S301855 (1865)
Ground ready485 (485)
Coconut oil ready4800 (4900)
Pepper garbled ready6900 (6900)


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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES
MCX gets FMC approval for natural gas futures
Contracts to be linked to Nymex; launch likely in early July More

FARM CREDIT
Nabard to refinance crop loans at 2.5 pc interest
New rate to be effective from July 1 More

CLIMATE & WEATHER
Monsoon revives, to remain active for five days
The southwest monsoon revived over the southern tip of peninsular India on Wednesday, after a 12-day lull. Conditions are favourable for its advance into parts of Maharashtra, Andhra Pradesh and Chhattisgarh, which were left high and dry by the ... More

HORTICULTURE/FRUITS & VEGETABLES
Significant contributor
FARM FRESH: Bananas being loaded at a vegetable market in Kochi. India is the largest producer of banana with an annual production of 16.8 million tonnes. Horticulture makes up 28.5 per cent of the country's agriculture GDP. Fresh fruit ... More

RUBBER
Spot rubber static
Physical rubber prices continued to remain frozen lacking trading interest on Wednesday. Covering groups retreated to sidelines as major manufacturers stayed back. Dealers and growers also preferred to hold the stocks as monsoon started gaining ... More

TEA
Higher tea volume on offer at Coonoor sale
The auctions of the Coonoor Tea Trade Association (CTTA) on Thursday and Friday will once again see high volumes. This is the 25th sale of the year and the volume catalogued is the third largest so far — 11.71 lakh kg, which is ... More

GOLD & SILVER
Gold, silver rule firm
Standard gold prices were up Rs 65 at Rs 8,605 per 10 gm from the previous close of Rs 8,540 per 10 gm. Pure gold (99.99 fineness) was up Rs 65 to close at Rs 8,655 per 10 gm from the previous close of Rs 8,590. Silver (.999 fineness) price was ... More

Under dollar influence
SLIP IN DEMAND: A gold smith engaged in making ornaments at his unit in Kerala's Thrissur. Indian consumer demand for gold jewellery fell by 28 per cent to 145 tonnes during the first quarter this year. While jewellery demand slipped 38 per cent, ... More

COTTON
Bt cottonseed sales continue at lower prices
States come together to force a reduction in price More

OILSEEDS & EDIBLE OIL
Sesame seed exporters bag Korea order
Indian seed quality gets good acceptance in Seoul More

Edible oils rule steady
Except sunflower oil, RBD palmolein, groundnut oil and crude soya oil prices remained steady on the local edible oil market on Wednesday on stray buying interest. Sunflower oil expeller was down Rs 3 at Rs 397 per 10 kg. Imported crude soya ... More

CASHEW
Indian cashew team to take part in Istanbul fair
`Exponut 2006' — an international trade fair of nuts, dried fruits, products and technologies — will be held at Istanbul in Turkey from June 22 to 24. A press release by the Cashew Export Promotion Council of India (CEPCI) said ... More

SPICES & CONDIMENTS
Pepper futures improve on buying
The pepper futures market witnessed some improvement on Wednesday on buying support. On the National Commodity and Derivatives Exchange Ltd (NCDEX), 2,925 tonnes of June contracts were delivered. The July contract was up by Rs 15 at Rs 6,725 a ... More

Adverse conditions may hit cardamom output
High input costs, delayed monsoon More






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