Financial Daily from THE HINDU group of publications
Tuesday, May 21, 2002
Agri Prices (May 20)
Sugar S-301365 (1370)
Palm Oil (10 kg)325 (319)
Groundnut oil ready408 (405)
Coconut oil ready3875 (3900)
Pepper garbled ready8000 (8500)

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AGRI-BIZ & COMMODITIES

RUBBER


Goodyear aims at sourcing rubber but spells out riders -- Nothing sorted out yet, say officials
THE US-based Goodyear Tire and Rubber Company is looking at sourcing natural rubber from the country but "nothing has been sorted out yet", according to official sources. "Goodyear has put forward two conditions— to improve quality ... More

Rubber dips as sales, arrivals resume
RUBBER prices declined slightly on Monday as arrivals resumed after a short break. Small growers began selling small quantities fearing a fall in prices. There are stray instances of tapping in some areas on the reports that monsoon would ... More

PRECIOUS METALS


Uptrend in gold to continue on producer de-hedging
GOLD producers are most likely to continue to unwind their hedge-book positions throughout this year, a move that could well keep the current upward in the gold market. Statements made by leading producers in recent times suggest a change in ... More

FOODGRAINS


Towards sustainable food security
FOOD subsidies in India, under the Public Distribution System (PDS) have come under increasing scrutiny in the context of the country's precarious fiscal situation, on the one hand, and the absurdly high stocks of foodgrains, on the other. ... More

FCI to buy paddy directly in Orissa on experimental basis
THE Food Corporation of India (FCI) will undertake direct procurement of paddy from farmers in paddy surplus districts of Orissa, as it is currently doing in other States such as Punjab, Haryana and Andhra Pradesh. The decision has been ... More

COTTON


CCI to take up integrated cotton farming in Gujarat, AP, M.P.
THE Cotton Corporation of India (CCI) proposes to take up integrated cotton farming on experimental basis in Andhra Pradesh, Gujarat and Madhya Pradesh from 2002-03 season. According to the CCI Chairman and Managing Director, Mr Vishwa Nath, ... More

SILK


Central loan for KSIC to halt fall in cocoon prices
IN a bid to arrest the falling bivoltine cocoon prices in Karnataka, the Union Ministry of Textiles is keen on extending financial assistance to the Karnataka Silk Industries Corporation (KSIC), to carry out market intervention measures. ... More

OILSEEDS & EDIBLE OIL


Ajit Singh denies flip-flop on GM soya oil imports
THE Union Agriculture Minister, Mr Ajit Singh, on Monday asserted that there was no dilution in his stance regarding regulating imports of soya oil derived from genetically modified (GM) soyabean. "I have not gone back on my position,'' the ... More

COFFEE


Coffee prices slip at Kochi auctions
A TOTAL quantity of 1,76,927 kg on robusta coffee was on offer in the Kochi coffee sale held on Saturday. Of this, approximately 79,000 kg was sold. International prices on the day of the auction in London for the month of May was $487 per ... More
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