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Tuesday, September 09, 2008
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AGRI-BIZ & COMMODITIES

COURTS/LEGAL ISSUES: SC asks UP mills to pay cane dues at Rs 110 a quintal
New Delhi, Sept. 8 The Supreme Court has directed sugar mills in Uttar Pradesh — private, co-operative and State-owned — to pay up all outstanding cane arrears to growers for the 2007-08 crushing season (October-September) at the ...

CLIMATE & WEATHER: Strong ‘low’, enhanced rains seen in AP, Orissa
Thiruvananthapuram, Sept 8 Sunday’s ‘low’ over northwest and adjoining west-central Bay of Bengal has weakened into an upper air cyclonic circulation but is seen triggering isolated heavy to very heavy falls over Andhra ...

RUBBER: Rubber prices seen in ‘comfort zone’
‘Coffee rates likely to dip but fall unlikely to be sharp’. Rubber prices are expected to be in the “comfortable zone” despite projections of moderation in the global economy, while coffee prices are likely to undergo ...

SUGAR: SC order boosts sugar stocks
Production in 2008-09 is estimated to fall by 20%. Mumbai, Sept. 8 Sugar company stocks hogged the limelight on the bourses on the back of the Supreme Court interim order directing Uttar Pradesh sugar companies to pay Rs 110 a quintal against ...

RUBBER: Rubber output seen at 8.75 lt
The country’s rubber production this fiscal is expected to be 8.75 lakh tonnes against 8.11 lakh tonnes last fiscal, the Rubber Board Chairman, Mr Sajen Peter, said on Monday. Against this, consumption this year was expected to increased to ...

BIO-TECH & GENETICS: Symposium on automation in food microbiology
Mumbai, Sept. 8 For the first time in India, a workshop and symposium on rapid methods and automation in microbiology has been organised. ...

TEA: Tea Board embarks on an energy conservation project
UNDP, Board invest $1 m each to cut carbon emission. Coonoor, Sept 8 The Tea Board has embarked on a four-year project to help plantations conserve energy and cut energy consumption costs by at least 20 per cent. ...

RUBBER: Spot rubber prices improve
Kottayam, Sept. 8 Spot rubber prices improved on Monday. Continuous rains since the past few days have put a halt to tapping in almost all plantations. There were no quantity sellers in the main marketing centres even at higher levels. RSS ...

SPICES & CONDIMENTS: Bear operators pull down pepper futures
Kochi, Sept. 8 The pepper futures market fell sharply on Monday on reports that other origins have eased considerably. Besides, there has been a propaganda that Vietnam is holding a stock of 35,000 tonnes of black pepper. In fact, it is the ...

OILSEEDS & EDIBLE OIL: Vegetable oils to slide further
Mumbai, Sept. 8 The global vegetable oil market has clearly been bearish in recent weeks, with hardly anyone believing there will be a rally anytime soon. All bullish factors have evaporated, at least for the near ...

COTTON: Steep hike in cotton MSP turns contentious
‘Weak rupee over coming months will make exports competitive’. Mumbai, Sept. 8 A sharp upward revision in the minimum support price for cotton in the 2008-09 season has raised the hackles of domestic traders, exporters and textile ...

TEA: Replanting: Poor response from South
South India is lagging behind in seeking funds from the Tea Board for replantation/rejuvenations. According to Mr Basudev Banerjee, the board’s Chairman, so far 752 applications have been received to replant/rejuvenate 11,477 hectares. ...

SPICES & CONDIMENTS: But rising exports


TEA: Organic tea project on Sept. 19
An organic project for tea will be launched by the Tea Board with funding from the Common Fund for Commodities on September 19. The Tea Board Chairman, Mr Basudev Banerjee, told the ‘Commodities Outlook’ session at the Upasi annual ...

TEA: Tea production may hit 950 m kg
Tea production this year is likely to be around 950 million kg (mkg), said Mr Basudev Banerjee, Tea Board Chairman, at the Upasi annual conference ‘Commodities Outlook’ session. This is against 944.68 mkg last year. During ...






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Markets (Sep 08)
Nifty (at 03.30 p.m)4478.35 (+126.05)
US Dollar (Buy/Sell)44.35/36
Brent crude (a bbl) Rs4,561
Gold (a gram) Rs1,093
Silver (a kg) Rs19,480


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In Focus
Remembering Ramachander

More

Other Top Stories
‘US biz lobby will ensure nuke deal is approved by Congress’

Vegetable oils to slide further

Toyota upbeat on Indian market

Rubber prices seen in ‘comfort zone’

Steep hike in cotton MSP turns contentious

Stone India plans overseas acquisition

LNG supplies: GSPC-Adani receives EoIs from 13 parties

Looking back
Aug. 31-Sep. 6
Spices exports gain in value, volume

Food grade hexane prices cut, relief for edible oil processors

Health aspects of rice bran oil gain focus

Global sugar deficit pegged at 3.9 million tonnes

Bihar floods take a toll on paddy

Soya not viable option for Monsanto in India



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