Financial Daily from THE HINDU group of publications
Wednesday, April 19, 2006
Agri Prices (Apr 18)
Sugar S301950 (1940)
Ground ready478 (479)
Coconut oil ready4725 (4700)
Pepper garbled ready7150 (7150)


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AGRI-BIZ & COMMODITIES

COTTON


Growers may increase DCH-32 acreage
Sensing rising demand for the extra long staple cotton More

COMMODITY EXCHANGES


FMC to help regional commodity bourses
Chairman says Govt policy not to phase them out More

DGCX hikes fees for broker members
The Dubai Gold and Commodities Exchange (DGCX) has increased the membership fees for the broker category. The exchange launched this membership in the middle of last year at a fee of $100,000. From May 1, the fees will be increased to ... More

PLANTATIONS


Scenting success
PICKING THE BEST: Workers grading raw arecanut in Adimali market in Kerala's Idukki district. A decline in yield has propped up demand and in turn, arecanut prices. This has resulted in old stocks of white arecanut being cleared. The current ... More

RUBBER


Spot rubber tops Rs 87/kg
Spot rubber resumed its uptrend on Tuesday. The market was responding positively to the re-entry of certain major manufacturers and they were reported to be active on sheet rubber at prevailing levels. The buyers from the general rubber goods ... More

TEA


Low volumes continue at Coonoor tea auctions
For the Coonoor Tea Trade Association (CTTA) auctions scheduled to be held this week, the volume catalogued continues to be low. In nine auctions so far, the volume had been more than the 8.58 lakh kgs being offered now, but only in two ... More

GOLD & SILVER


Sharp rise in precious metals
Precious metals prices jumped up further on the local bullion market on Tuesday following strong overseas advices and stray buying interest. Silver (.999 fineness) was up Rs 440 at Rs 20,640 per kg over previous close on limited ... More

Glitter continues
RETAINING SHINE: A silversmith working on a piece of silver at a workshop in Kolkata. Silver prices have increased to 23-year highs on moves to start an exchage-traded fund. This is expected to boost demand. On Tuesday, silver ruled at $13.44 an ... More

DAIRY & DAIRY PRODUCTS


Pune to host India Dairy Congress
India Dairy Congress - an annual international conference and exhibition on milk and dairy products - is scheduled to be held in Pune during April 28-29. The Maharashtra Ministry for Dairy Development and Animal Husbandry ... More

OILSEEDS & EDIBLE OIL


Tariff values cut for vegoils
By $10 for palm oils; $6 for soya oil More

RBD palmolein dips further
Groundnut oil, RBD palmolein and refined soya oil fell further on the local edible oil market on Tuesday mainly on increased offerings amid lack of continued buying interest. Sunflower oil expeller gained some fresh ground on some buying ... More

CASHEW


25 lakh cashew saplings to be distributed
The Karnataka Horticulture Department is planning to distribute around 25 lakh cashew saplings to growers thisfiscal to increase the production of raw cashewnut in the State. Addressing presspersons here on Tuesday, Mr K. Prakash Rao, ... More

COMMODITY MARKETS


Copper prices could rule firm for 3 more years
Low inventory, supply disruptions & rising demand behind buoyancy More

Gold resistance seen at $621
Strong buying owing to host of reasons More


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