Financial Daily from THE HINDU group of publications
Tuesday, October 01, 2002
Agri Prices (Sept. 30)
Sugar S301295 (1283)
Palm oil343 (344)
Ground oil ready435 (434)
Coconut oil ready4500
Pepper garbled ready9900

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AGRI-BIZ & COMMODITIES

AQUACULTURE


Sub-standard seafood units must go — MPEDA Chairman warns of suspension
SEAFOOD processing units that do not upgrade themselves to at least `national standards' will not be allowed to continue production, Mr K. Jose Cyriac, Chairman, Marine Products Export Development Authority (MPEDA), has said. There are currently ... More

COMMODITIES


International agricultural commodity prices — Paradox of buoyancy
The past few months have yielded evidence of a rise in the world prices of a number of agricultural commodities, raising the possibility of a reversal of the long-term trend of decline in commodity prices. Paradoxically, this development occurs in a context of depressed demand conditions and slow growth in the world economy. In this edition of Macroscan, C. P. Chandrasekhar and Jayati Ghosh examine the factors that could be responsible for this unexpected buoyancy in primary commodity prices. More

RUBBER


Rubber wavers on low arrivals
RUBBER prices fluctuated again on Monday on low arrivals from the village marketing centres. The quantity of latex available from some producing centres was reported to be very low due to the prevailing weather which almost resembles to ... More

TEA


Plea to restructure tea auction system
A BENGAL-BASED trade union has urged the Union Government to revamp the tea auction system by reintroducing the Tea Marketing Control Order. In a press statement issued by Mr Samir Roy, General Secretary of West Bengal Cha Mazdoor Sabha, a ... More

Upasi chief blames blenders for low-quality teas
ADMITTING that low quality teas are available in the market, the United Planters' Association of Southern India (Upasi) President, Mr P.S. Wallia, has held the blenders and the bought leaf factories in the private sector responsible for it. ... More

COTTON


Labour costs plague cotton cultivation in South: Study
LABOUR costs have surpassed material costs in southern cotton cultivations, according to an analysis done by the Cotton Development and Research Association of the Southern India Mills Association (SIMA-CDRA). While the labour cost was higher ... More

OILSEEDS & EDIBLE OIL


Soya seen touching Rs 10,000 a tonne
A fall in Indian and US soya output will be compensated by the S. American crop, which is anticipated to yield 80 mt this year. More

SPICES & CONDIMENTS


Cardamom slips on weak demand
CARDAMOM prices slipped on weak demand and over supply at the auctions held in Kerala and Tamil Nadu last week. Prices of all grades fell by around Rs 30 a kg. 8mm bold was sold at Rs 830-850 per kg, 7.5 mm at Rs 800 and 7mm at Rs 750-770. ... More

Pepper output seen down
WORLD production and export of pepper in 2003 will be lower than in the previous two years, thanks to a significant output decline in India and lower export projected for Indonesia, Malaysia and Vietnam. At the meeting of pepper exporters ... More


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