Financial Daily from THE HINDU group of publications
Tuesday, December 17, 2002
Agri Prices (Dec 16)
Sugar S-301182 (1180)
Palm oil381 (382)
Ground ready472 (472)
Coconut oil ready5450 (5550)
Pepper garbled ready8900 (9000)

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AGRI-BIZ & COMMODITIES

FLORICULTURE


A scene at anthurium garden
A worker at an anthurium garden in Kerala. Orchids and anthuriums are in good demand in metros and much of the production is sent outside the State.

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HORTICULTURE/FRUITS & VEGETABLES


Focus on quality exports, mango growers told
MANGO farmers in the State should focus more on quality to facilitate greater exports and the Government would provide them with all requisite facilities for the purpose, as the Centre has sanctioned an agri-export zone for Krishna district, Mr ... More

RUBBER


Plea to lift port curbs on rubber imports
THE rubber goods manufacturing sector — getting ready for crunch time over the huge spurt in the prices of standard grades of natural rubber such as RSS4 (whose price has skyrocketed to Rs 43 from Rs 32 in a span of four months) — has ... More

Rubber picks up
THOUGH the uptrend in the rubber market was temporarily arrested on Saturday last with the prices declining for all grades on reports of imports, the market regained on Monday as the prices picked up to touch Rs 44.50 a kg for RSS-4. On Monday, ... More

SUGAR


Sugar trade split on buffer stock allocation
BARELY a month after the Centre's decision to finance the creation of a 20 lakh tonne (lt) sugar buffer to bail out the ailing industry, a fresh controversy has broken out over the issue of allocating the total sequestered quantity among ... More

PRECIOUS METALS


Gold poised higher
LAST week belonged to gold, which enjoyed a great period with fund buying, largely driven by a softening dollar plus a deluge of geo-political concerns. The yellow metal broke through $ 330 per ounce on Thursday and then to a fresh three-year ... More

OILSEEDS & EDIBLE OIL


Rabi oilseeds crop seen down
THE first advance trade estimate of rabi (summer) oilseeds for 2002-03 places the crop size at 75.1 lakh tonnes, down from 79.4 lt in the rabi season the previous year. According to the New Delhi-based Central Organisation for Oil Industry and ... More

COFFEE


Coffee Board opts for new identity
THE Coffee Board has unveiled a new brand identity package for the industry under the umbrella brand of "Coffees of India" — colourful logos in the Madhubani style of art depicting Indian coffee as typically shade-grown and handpicked. ... More

POULTRY


Poultry exporters may have to wait for freight sops
Earlier, the poultry processors sought a Rs 13 per kg subsidy. But had reworked the subsidy element as it was not agreeable to the Govt and have now sounded a subsidy band in the range of Rs 5-7 per kg. More

SPICES & CONDIMENTS


ICE pepper futures may turn cold on lack of online facility
THE emergence of multi-commodity bourses with online facility in other parts of the country has given rise to fears that the pepper futures run by International Commodity Exchange (ICE) here may lose sheen. Ever since the Ahmedabad-based Online ... More

Pepper slips on ample supply, weak demand
PEPPER prices continued to decline in spot and futures market following surplus supply and weak demand. Spot prices declined by Rs 400 a quintal during the weekend to Rs 9,000 for MG1 and Rs 8,600 for ungarbled as against Rs 9,400 and Rs 9,000 ... More

EVENTS


  • `Kissan Samman Week' begins today

    EXPORTS & IMPORTS


    India follows Argentina — Exports food, nurtures hunger
    Perceived as the glorious model of economic growth, an unprecedented humanitarian crisis confronts Argentina, and India too. With the increased domination of market forces and reduced public policy intervention for food security, prices have soared. And even as the people go hungry, for the political masters of both the countries, farm export appears the only path to speedy growth, says Devinder Sharma. More

    CO-OPERATIVES


    Panel moots more freedom for co-ops
    `It is necessary to enable businesses registered as co-operatives to have at least the same degree of freedom to conduct their affairs, if only they are to have a fair chance of competing successfully with other businesses.' More
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