The Hindu Business Line : Wednesday, October 23, 2002

Shrimp sales stay sluggish
WITH the year-end festival season around the corner, shrimp purchases are yet to pick up momentum. Processors are concentrating more on the Japanese market following increased interest and there is relatively less activity in sales to the US ... More

Entangled in a mess
Chennai fishermen are facing tough times these days due to poor catches. Apart from declining catches, marine animals such as crabs get entangled in the net and damage them. It takes over a week to mend the nets. ... More

HORTICULTURE/FRUITS & VEGETABLES

Hardsell
Papaya vendors peddle the fruit aggressively on Bangalore's sidewalks, even under the glare of petromaxes, as prices of the crop has tumbled to Rs 6 per kg.

RUBBER

Rubber dull on weak buying
RUBBER prices stagnated on Tuesday on weak buying support. Arrivals picked up and the market was in a comfortable position as the stock with the traders improved considerably. More arrivals are also expected by the weekend as small growers have ... More

SUGAR

Delay in sugar futures launch — FMC unlikely to cancel permission to companies
THE Forward Markets Commission (FMC) is unlikely to act against the three firms that have been given permission to launch sugar futures despite these companies being unable to start trading within the stipulated time. "There is no question of ... More

TEA

Tea Board moots ISO certification
THE Tea Board has strongly advised factories to go for ISO certification at the earliest as it would become necessary for their survival in the new global market conditions. "ISO brings in a discipline for consistency in production and so, even ... More

OILSEEDS & EDIBLE OIL

More AP farmers taking to sunflower farming
THE area under sunflower and castor has significantly increased this year in drought-affected Andhra Pradesh. More numbers of farmers have opted for their cultivation. In sunflower there has been a three-fold increase in area from 67,000 ... More

SPICES & CONDIMENTS

Cardamom slides on weak demand
CARDAMOM prices have witnessed a sharp drop ranging between Rs 50 and Rs 100 per kg at the recent auctions compared to the August prices. Increased availability without a corresponding rise in demand has pushed the prices down in recent weeks. ... More

GENERAL INSURANCE

Insurance cover for eight more crops
BANGALORE: Eight crops have been brought under the crop insurance scheme for the 2002-03 kharif season at the hobli level. Under the two-year-old National Agricultural Insurance Scheme, financial support will be provided to affected ... More

AGRICULTURAL POLICY

Punjab: The politics of power
Punjab is facing the tyranny of the elements, clumsiness in the Centre's policies and the misdirected forthrightness of the Chief Minister, who has decided to stop free power to farmers. Conceding that farmers get subsidies on account of power supply , Sharad Joshi thinks the Punjab move could have waited, and looks at the politics and economics of free electricity to farmers. More

INTERVIEW

`Rise in sugar prices alone can help industry' — Dr Palani G. Periasamy, President, South Indian Sugar Mills Association
AS the sugarcane season for 2002-03 commences, the southern industry is faced with several challenges as low prices, monsoon failure causing a drop in cane availability and affecting sugar recoveries. All these mean additional cash flow ... More

EVENTS

Jakarta to host warehouse meet
MUMBAI: An international conference on `Warehouse receipt finance and collateral management' is scheduled for November 20-21 in Jakarta, Indonesia. Organised by the UK-based Day Robinson International, the conference will bring ... More

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