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Thursday, January 06, 2005

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AGRI-BIZ & COMMODITIES

RESEARCH & DEVELOPMENT


Geomatics lab inauguration today
THE State Soil Survey unit of the Department of Agriculture is setting up a geomatics lab for management of the spatial and non-spatial database on land resources using the GIS (Geographical Information System) technology. Announcing this, Dr ... More

COMMODITY EXCHANGES


NCDEX launches maize, gur futures
THE NCDEX on Tuesday launched futures trade in maize and gur. The exchange now has 23 agriculture commodities available for trading. Mr A. Venkateshulu, General Manager of Andhra Pradesh Co-operative Marketing Federation (Hyderabad), and Mr ... More

HORTICULTURE/FRUITS & VEGETABLES


Problems of plenty
A buyer picking Nendran bananas in Aluva, Kerala. Following a glut in the market, banana prices have crashed to Rs 7.50 a kg this week at the Aluva market from Rs. 14 a week ago. This has forced the Vegetable and Fruit Promotion Council in the ... More

RUBBER


Rubber prices ease on buyer resistance
AS part of an effort to cool down the domestic physical rubber prices, manufacturers, covering groups and major stockists put a halt to their procurement on Wednesday. Reacting to the strong buyer resistance, RSS 4 slipped to Rs 54.25 from Rs ... More

TEA


Banking on qualitea
Wagh Bakri, which offers HLL and Tata Tea stiff competition in the Gujarat, MP and Rajasthan tea markets, will bide its time in expanding its presence. More

METALS


Metal scrap prices rise on import curbs
NON-FERROUS metal scrap prices have increased by 6-8 per cent in the last two months following the drop in import of scrap into the country. Imports have fallen due to changes in the import procedure, traders said. In October 2004, the DGFT ... More

OILSEEDS & EDIBLE OIL


Solvent extractors in a fix over hexane duty claim — Excise officials demand penalty for non-export of soyabean oil
SOLVENT extractors, especially of soyabean, are facing a tricky situation with the Central Excise authorities demanding penalty, including interest, on the duty to be paid for hexane used by them. Hexane is used by the extractors as solvent to ... More

SPICES & CONDIMENTS


Spices Board extends airfreight sops to cardamom exporters till Jan 31
SPICES Board has extended the airfreight assistance to exporters for exporting cardamom till January 31, 2005. The decision has been taken following demand from exporters, who claim that there are sufficient enquiries from overseas and that ... More

Cardamom, pepper e-marketing put off
THE official launching of the Spices Board's direct e-marketing of organic pepper and cardamom scheduled for January 20 has been postponed following the cancellation of the Union Commerce Minister's visit to the State. Fresh date for the launch ... More



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