Business Daily from THE HINDU group of publications
Thursday, June 26, 2008
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Agri Prices (June 25)
Sugar S301459 (1450)
Ground ready730 (735)
Coconut oil ready6500 (6450)


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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES
MCX to start comex operations in Singapore
Mumbai, June 25 The Multi Commodity Exchange of India (MCX) is set to offer an electronic trading platform in Singapore next month through its joint venture company Singapore Mercantile Exchange. “The investment will be through ... More

CLIMATE & WEATHER
West coast under watch as Bay throws up a whirl
Thiruvananthapuram, June 25 India Meteorological Department’s (IMD) outlook for the next few days suggests that rain or thundershowers would be fairly widespread across the country with the west coast and the northwest coming under ... More

AQUACULTURE
Different yields
More

FERTILISERS
‘No fertiliser shortage’
The State Agriculture Minister, Mr Veerapandi S. Arumugam, said that the Tamil Nadu Government had allocated an additional Rs 20 crore for import of di-ammonium phosphate (DAP), taking the total allocation for the purchase of DAP this year to ... More

PLANTATIONS
Area under areca drops in Kerala; Bengal production increases
Mangalore, June 25 Karnataka still remains as the top producer of arecanut in the country, followed by Kerala in the second position. The recent statistics published by the Directorate of Arecanut and Spices Development (DASD) shows a decline ... More

RUBBER
Spot rubber rules firm
Kottayam, June 25 The rubber market ruled firm on Wednesday. Intensified monsoon rains seemed to be one of the factors which influenced the day’s sentiments to keep the prices green. RSS 4 improved to Rs 127.50 from Rs 127 a kg as ... More

SUGAR
TN to hike spending on farm mechanisation
Coimbatore, June 25 The Tamil Nadu Government is planning to import sugar-cane harvesting machines and is holding talks with Chinese machinery companies in this regard. The State Government would also increase four-fold its spending on ... More

TEA
2-year high offerings at Coonoor tea auctions
Coonoor, June 25 Volume offered for the Coonoor Tea Trade Association (CTTA) auctions continue to be high with an offer of 13.82 lakh kg for Sale No: 26 to be held on Thursdayand Friday. This is the highest volume for a single auction in more ... More

Settlement banking system suspended at Coonoor tea auctions
Coimbatore, June 25 The settlement banking system introduced in the Coonoor tea auction centre a couple of weeks ago is under attack.The Coonoor Tea Trade Association Committee has yielded to the pressure from the brokers, buyers and ... More

HUMAN RESOURCES
Labour shortage
More

OUTLOOK
Lower global cotton output may keep prices firm
Fall seen due to weather woes, diversion of land for food More






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