The Hindu Business Line : Tuesday, October 21, 2008

AGRI-BIZ & COMMODITIES

SUGAR: Sugar bucks declining trend in commodity prices
Fundamentals bullish; shortfall projected to be higher. New Delhi, Oct 20 If there has been any one commodity close to being an oddball in recent times, it would perhaps be ...

SPICES & CONDIMENTS: Black pepper imports by US decline
Competitive Indian rates likely to attract orders. Kochi, Oct. 20 Economic turmoil around the world appears to have impacted the pepper trade, leading to a likely fall in ...

SUGAR: Sugar stocks battered as Govt decides to cancel licences
Maharashtra to annul permits of 19 factories due to shortage of cane. Mumbai, Oct. 20 Sugar shares turned bitter on Monday even as the benchmark Sensex registered a sensational gain of 247 points, reversing its earlier downtrend in the last ...

SUGAR: TN fixes sugarcane price at Rs 1,050/tonne
Chennai, Oct.20 The Tamil Nadu Government has announced a sugarcane State Advised Price (SAP) of Rs 1,050 a tonne linked to a sugar recovery of 9 per cent for 2008-09, according to an official ...

COMMODITIES: Ban on 8 commodities may go next month: FMC chief
Hyderabad, Oct. 20 The Forward Markets Commission (FMC) hopes the ban on trading of eight commodities on exchanges will go ...

COFFEE: Credit squeeze unlikely to hit coffee offtake
illycaffe to source more beans. Bangalore, Oct. 20 illycaffe S.p.A, the world’s largest roaster of Espresso coffee, said the current economic crisis would have a marginal impact on consumption in markets such as the US and Europe. ...

CLIMATE & WEATHER: Storm over Arabian Sea, whirl in Bay
Thiruvananthapuram, Oct 20 A preparatory cyclonic circulation has sprung up over southwest Bay of Bengal ahead of a likely ‘low’ expected to materialise over the same region during the next two ...

TEA: Sharing the burden
...

AQUACULTURE: Joint venture to promote oceanarium in Kochi
Thiruvananthapuram, Oct. 20 A new joint venture company being formed by Kerala State Industrial Development Corporation (KSIDC) and IL&FS IDC will launch its activities in the State by promoting an oceanarium at Puthuvypeen in Kochi. ...

RUBBER: Spot rubber prices improve
Kottayam, Oct. 20 Physical rubber prices improved on Monday. The domestic market was reacting closely to the sharp gains in the trend setting Tokyo Commodity Exchange as sellers stayed back letting the rates to firm up on covering ...

SPICES & CONDIMENTS: Pepper futures move up on buying support
Kochi, Oct 20 Pepper futures market witnessed high volatility on Monday as both sellers and buyers were active and good quantity was said to ...

AGRICULTURAL POLICY: Higher cane prices could dent margins of UP mills
Not much impact for South-based sugar mills. The Uttar Pradesh Government’s decision to hike the cane procurement price “advised” by the State for the current season from Rs 125 to Rs 140 per quintal may pose a significant ...