Financial Daily from THE HINDU group of publications
Tuesday, November 26, 2002
Agri Prices (Nov. 25)
Sugar S-301160 (1171)
Palm Oil368 (371)
Ground ready453 (460)
Coconut oil ready5800 (5800)

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AGRI-BIZ & COMMODITIES

HORTICULTURE/FRUITS & VEGETABLES


Going bananas!
Bananas being loaded into trucks at the Koyembedu wholesale market in Chennai. The prices of the fruit in the city have shot up during the last few weeks owing to poor arrivals. Each bunch now costs anywhere between Rs 70 and Rs 100, prices which ... More

PLANTATIONS


Plea for arecanut procurement
THIRUVANANTHAPURAM: The Kerala State Co-operative Marketing Societies' Association President, Mr G. Sugunan, has called upon the State Government to take urgent steps to procure arecanut at Rs 60 a kilo as announced by the Agriculture ... More

RUBBER


Rubber spurts on good buying
RUBBER prices firmed up on buying pressure after a lull of over a fortnight with all the major varieties registering an improvement on Monday. Inflow to the market continued to be very low following the suspension of tapping in most plantations ... More

Rubber may cross $1-mark next year
RUBBER prices are likely to cross $1 a kg early next year and reach $1.50 by 2005. This projection was made by Mr A.F.S Budiman, Secretary General of International Rubber Study Group, during a presentation at the centenary celebrations of ... More

SUGAR


ONGC, Reliance bag most oil blocks; sugar buffer okayed
OIL and Natural Gas Corporation (ONGC) and Reliance Industries Ltd (RIL) have bagged 22 out of the 23 oil and gas blocks for which bids were received under the third round of the Government's New Exploration Licensing Policy. The Cabinet ... More

Raw sugar import at 50,000 t so far
THE Government has confirmed that nearly 50,000 tonnes of raw sugar imports have been undertaken so far during the current fiscal. ``As per available information, Sakthi Sugars have imported a quantity of 35,700 tonnes of raw sugar during the ... More

TEA


Bandh in Ooty over low tea prices
A LARGE number of shops and business establishments in different parts of Nilgiris district remained closed on Monday in response to a bandh call given by the Joint Action Council (JAC) of political parties and farmers' organisations demanding ... More

UDF panel moots tax waiver for tea
A UNITED Democratic Front (UDF) sub-committee which had assessed all the issues arising out of the crisis in the plantation sector has suggested that tax on plantation tea be considered only after the price of the commodity reached Rs 63 per ... More

BIO-TECH & GENETICS


Decision soon on fresh trials for GM mustard
THE Genetic Engineering Approval Committee (GEAC) will meet `very soon' to decide whether there is a need for further open field trials of Proagro Company Private Ltd's genetically modified (GM) mustard hybrids. The Director-General of Indian ... More

OILSEEDS & EDIBLE OIL


Global edible oil market seen up
INTERNATIONAL prices of oils, fats and oilcakes and meals are expected to increase during 2002-03 given the anticipated tight supply situation. Recent price strength will be influenced by pending supplies from the upcoming southern hemisphere ... More

Vanaspati trade seeks lower palm oil customs duty
THE vanaspati industry is beset with low production and declining demand due to high cost of raw material, unfair competition from Nepalese vanaspati and refined palm oil manufactured out of imported crude oil, all leading to widespread sickness ... More

COCONUT & COPRA


Coir Board-UNDP project begins to pay off
THE UNDP-assisted project initiated by the Coir Board on technology transfer, modernisation and capacity building in the Indian coir sector is getting more popular among the traditional workers, enabling them to generate better employment ... More
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