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Friday, May 23, 2008
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Agri Prices (May 22)
Ground ready690 (680)
Coconut oil ready5925 (5925)


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AGRI-BIZ & COMMODITIES

RICE
Reviving Kuttanad: Is there hope in the package?
Kuttanad, the “rice bowl” of Kerala, has of late become the focus of considerable interest, both political and agricultural, because of the “high voltage” publicity accorded to the “Kuttanad Package,” a scheme ... More

CLIMATE & WEATHER
Cyclone alert again, Gujarat in line of sight
The spectre of an intense cyclone is looming large again in the north Arabian Sea, with latest forecasts suggesting that the Gujarat coast in India and Sindh in Pakistan could be in the line of sight for a hit. The causative ... More

RUBBER
Spot rubber prices improve
Kottayam, May 22 Spot rubber made handsome gains to settle at another lifetime high on Thursday. Covering groups and purchase agents remained moderately active during the session procuring the sparse arrivals to maintain the prices at higher ... More

TEA
Mixed trend at Kochi tea auction
Kochi, May 22 There was fair amount of activity at the dust tea auction as inter-State buyers and exporters were visibly active in bolder CTC varieties. Blenders and loose tea trade remained selective in dust category. While exporters were ... More

COTTON
‘Speculators to blame for high cotton prices’
Coimbatore, May 22 The textile trade body, Southern India Mills Association (SIMA), has blamed the speculators and domination by multi-national trade getting into cotton purchases in the country for the high domestic cotton prices this year. ... More

JUTE
Jute industry fears dilution of packaging material rules
Kolkata, May 21 The jute industry is apprehensive that the Jute Packaging Materials Act, 1987, which makes it mandatory for foodgrains to be packed in jute bags, may be diluted gradually.The apprehension of the jute industry in this ... More

SPICES & CONDIMENTS
Rs 122-cr Govt aid for cardamom replanting
The Union Government has sanctioned Rs 122 crore for cardamom replanting and rejuvenation schemes in the next four years, according to Mr V.J. Kurien, Chairman, Spices Board. Of the total amount, Rs 50 crore will be spent in Kerala this ... More

MINERALS
Indian iron ore cos may gain in spot market
Spat between Rio Tinto and Chinese steel cos over pricing More

COMMODITY MARKETS
Chilli futures hit upper circuit
Mumbai, May 22 Chilli futures in NCDEX on Thursday hit the upper circuit of 4 per cent at Rs 5,203 a quintal in anticipation of shortage of best quality stock and rising demand.Jeera gained 1.70 per cent at Rs 11,615 a quintal on ... More

EXPORTS & IMPORTS
Spices exports cross $1-billion mark
Register an increase of 19% in volume terms , 24% in rupee value More






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