Financial Daily from THE HINDU group of publications
Wednesday, May 17, 2006
Agri Prices (May 16)
Sugar S301923 (1930)
Ground ready465 (468)
Coconut oil ready4800 (4800)
Pepper garbled ready7050 (7050)


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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES


Is some more test of metal due?
The last question you may find answer for is `why metals.' Metals are commodities that are bought and sold. And commodities form a sizable chunk of the investment portfolio. More

FARM CREDIT


StanChart sees scope in cold storage, transport
May set up separate cos for farm lending, asset reconstruction More

SEEDS


Yatra to promote desi seeds evokes good response
Activists aim at bringing awareness among farmers More

AQUACULTURE


Sea of opportunities
NATURE'S BOUNTY: A worker peeling shrimps at a unit in Kochi. Advent of commercial shrimp aquaculture has made more shrimp available to the processing sector, enabling it to make better use of plant capacity and diversify into value-added ... More

INSIGHT


Of farmer suicides and wheat situation
Can the increasing farmer suicides be explained away by attributing them to the increase in the population? And what of the bungling on the wheat front? More

HORTICULTURE/FRUITS & VEGETABLES


Seasonal allure
LUSCIOUS LICHIS: This summer fruit has started arriving in plenty in the markets of Kolkata. Sellers say the price of the fruit, currently between Rs 750 and Rs 1,200 for 40 bunches, would come down in the days to come as production this year has ... More

RUBBER


`Rubber price rise hits small units'
The unprecedented increase in the price of natural rubber over the past couple of months has severely hit small industrial units using rubber as their main raw material, according to All-India Rubber Industries Association. In a letter to the ... More

Moderate losses in spot rubber
Another slide in prices was observed in domestic spot rubber market on Tuesday. RSS 4 declined to Rs 95 from Rs 95.50 a kg both at Kottayam and Kochi. The market suffered moderate losses in all grades including latex on buyer resistance. ... More

SUGAR


`Supply concerns driving sugar prices higher'
EU reforms to result in short supply of 4.5-5 mt: ISMA official More

Sugar stocks slip on fear of Govt intervention on pricing
The recent pull back in sugar stock prices has been attributed to an underlying uneasiness that after cement, the Government may be looking to intervene in the sugar industry. Shares of sugar companies — Balrampur Chini Mills Ltd and ... More

GOLD & SILVER


Gold, silver decline further
Precious metals fell further on the local bullion market on Tuesday following continued weak overseas advices. Standard gold prices were down Rs 120 to end at Rs 10,145 per 10 gm from the previous close of Rs 10,265 a kg. Pure gold (99.99) was ... More

Precious commodity
DEFICIENT IN PURITY?: A scene from a gold jewellery manufacturing unit in Kerala. Though India consumes nearly 30 per cent of the global gold production, there is a 11 per cent deficiency in purity in gold used in jewellery, leading to an annual ... More

OILSEEDS & EDIBLE OIL


Edible oil imports down 19%
Edible oils imports during November 2005 to April 2006 (6 months) of the current oil season 2005-06 stood at 18,01,441 tonnes, down 19 per cent from 22,14,267 tonnes in same period of last year, according to figures released by the Solvent ... More

Edible oils decline further
Groundnut oil and RBD palmolein fell further on the local edible oil market on Tuesday on continued offerings by stockists supported by increased supply. Soya oil remained steady on lack of fresh buying interest. RBD palmolein was down Re 1 at ... More

AGRICULTURAL POLICY


Food Safety Bill in Parliament this week
"The Group of Ministers has cleared the formulation of the proposed Food Safety Bill today," said the Minister of State for Food Processing Industries, Mr Subodh Kant Sahai. He said that having cleared all the hurdles in the Bill formulation, ... More

EVENTS


Review meeting on farm sector
The Prime Minister, Dr Manmohan Singh, today reviewed the country's overall agricultural situation and problems faced by the farming community. The meeting, also attended by the Deputy Chairman of the Planning Commission, Mr ... More

CO-OPERATIVES


Campco earns Rs 21 cr in arecanut
To open more branches, expand retail marketing venture More

Campco enters into pact with Amul
To supply 1,200 t of indl cocoa products More

PEOPLE


Unctad's Rutten joins MCX board
India has the potential to emerge as a global commodity trading hub between Tokyo and London, said Mr Lamon Rutten, Chief, Commodities Division, United Nations Conference on Trade and Development (Unctad). Mr Rutten has joined the Multi ... More
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