Financial Daily from THE HINDU group of publications
Saturday, July 13, 2002
Agri Prices (July 12)
Sugar S-301325 (1335)
Palm Oil (10 kg)343 (338)
Groundnut oil ready435 (432)
Coconut oil ready4625 (4650)
Pepper garbled (ready)7300 (7100)

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AGRI-BIZ & COMMODITIES

FERTILISERS


Group pricing scheme for urea: Dhindsa
THE Union Minister of Chemicals and Fertilisers, Mr S.S. Dhindsa, has said that the Government is in the process of formulating a long-term pricing policy for urea units based on the recommendations of the Expenditure Reforms Commission (ERC). ... More

HORTICULTURE/FRUITS & VEGETABLES


Mobile strawberry shop
A mobile strawberry shop at Eco Point in Munnar, Idukki district, the only region in Kerala where the fruit is grown.

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PLANTATIONS


`No FDI forthcoming for plantations'
WHEN the plantation industry in Kerala is enthusiastic about receiving foreign direct investment, thousands of workers fear that their survival might be threatened. The industry is happy to accommodate foreign investment, as it would help ... More

RUBBER


Rubber regains ground
KOTTAYAM: The rubber market slowly picked up with sheet rubber RSS-4 ruling slightly higher at Rs 39 on Friday. Arrivals were meagre and the offtake from the market was also negligible which the traders described as a peculiar ... More

TEA


TN: Resale tax imposition on tea flayed
COIMBATORE: The imposition of the one-per cent resale tax on buyer-members (participating in the tea auctions) having a turnover of Rs 10 lakh and above has come under fire. Weekly tea auctions were disrupted in Coimbatore on Friday ... More

AGRICULTURAL INSTITUTIONS


Nabard Kerala clocks refinance of Rs 2,411 cr
THE cumulative refinance disbursement by the National Bank for Agriculture and Rural Development (Nabard) in Kerala stood at Rs 2,411 crore in 2001-02. This helped in capital formation to the tune of Rs 3,444 crore in the rural areas of the ... More

COTTON


Cotton prices flare up
DOMESTIC cotton prices have firmed up further this week in consonance with international cotton prices, making spinners wary on raw material purchases. With cotton season drawing closer and availability of quality fibre becoming almost ... More

SILK


Free export of mulberry silk waste
NEW DELHI: The Union Government has ruled that mulberry silk waste (not carded or combed) is free for exports without any restrictions as far as ITC (HS) classification of export and import is concerned. Hitherto, export of `mulberry ... More

JUTE


CSE in talks with jute bourse for commodities trading
THE Calcutta Stock Exchange (CSE) and the East India Jute and Hessian Exchange (EIJHE) have initiated tie-up talks for setting up a platform for commodities trading. For both exchanges, this is the first attempt of its kind prompted as it is ... More

OILSEEDS & EDIBLE OIL


Q1 oilmeal exports higher
MUMBAI: Oilmeal exports in the first quarter of the current fiscal were some 14 per cent higher than during the same period last year, despite a decline in volume of shipment last month. Oilmeal export during April-June 2002 ... More

Global vegoil market seen comfortable
ON current reckoning, the world vegetable oil and protein meal market is likely to be in a state of balance overall next year, with comfortable supplies matching higher demand. Specifically, world production and consumption of vegetable oils ... More

CASHEW


Vietnam stalks India on global cashew exports
VIETNAM is all set to take the second place in global cashew kernel exports close on the heels after India. Its cashew export is estimated to rise by 2,000 tonnes touching 40,000 t in 2002 from 38,000 t last year. Of this, about 80 per cent of ... More
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