Financial Daily from THE HINDU group of publications
Thursday, February 16, 2006
Agri Prices (Feb 15)
Sugar S301930 (1950)
Groundnut oil (ready)438 (436)
Coconut oil (ready)5075 (5025)
Pepper garbled (ready)6950 (6950)


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AGRI-BIZ & COMMODITIES

WHEAT


Wheat meet to focus on topical issues
THE large number of participants representing organisations from Canada, the US, Germany, the United Kingdom, Switzerland and Singapore will bring an international focus to the seminar on "Emerging trends and opportunities in wheat and products", ... More

Wheat remains weak
New Delhi: Wheat prices continued to decline in the wholesale grains market on Wednesday on fresh arrivals. Wheat MP (deshi) prices remained under pressure and lost further ground at Rs 1,050-1,175 from Rs 1,075-1,225 a quintal. ... More

RUBBER


Spot rubber gains marginally
SPOT rubber gained marginally on covering at lower levels. A partial recovery in international indices kept the covering groups and purchase agents slightly active throughout the session. Major manufacturers were also reported to be buyers on ... More

GOLD & SILVER


Speculator action makes gold vulnerable
AS anticipated, gold prices have eased in the last few days on profit taking, encouraged by dollar strength, expectations of further Fed rate hikes and fresh reports about German central bank gold sales. In the London market, the yellow metal ... More

METALS


Marginal hike in domestic copper prices likely
MAJOR copper producers— Hindustan Copper, Birla Copper and Sterlite Industries— may raise their selling prices marginally on Thursday for the current month, trade sources said. Producers normally revise their prices twice a month. ... More

DAIRY & DAIRY PRODUCTS


Himalya gets $3m cheese order from US
HIMALYA International Ltd has informed BSE that the company has received its first cheese order of $3 million from Castle Gourmet Cheese Company, Pennsylvania, USA. The entire order will be executed by November this year. The American ... More

FOODGRAINS


NDC panel moots minimum support price for coarse grains
THE Working Group on animal husbandry, dairying, and fisheries of the National Development Council (NDC) sub-committee has recommended minimum support price (MSP) for growers of coarse grains such as ragi, jowar and bajra. A statement from ... More

AGRICULTURAL INSTITUTIONS


Rural NGOs seek revolving cash credit from Nabard
Plans under way for CNRI-Shops across the country to market NGO/SHG products. More

OILSEEDS & EDIBLE OIL


$14-17/t hike in tariff values for veg oils
THE Union Government on Wednesday raised the tariff values or the base price at which the customs duty are calculated for vegetable oils. This comes after it cut the values thrice this year. While the values for the palm group of oil have ... More

Plea against excise duty on refined oils
THE domestic solvent extraction industry has represented to the Union Government not to re-impose excise duty on refined edible oils in the forthcoming Union Budget. There is speculation that the Government might reinstate the fiscal levy that ... More

CASHEW


HMT to help set up cashew processing unit in Mozambique
HMT (International) Ltd, a subsidiary of HMT Ltd, will help Mozambique set up a cashew nut processing centre in that country. It will be set up under a Central Government grant, said a company release. Under an agreement signed recently, HMT ... More



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