Financial Daily from THE HINDU group of publications
Saturday, July 19, 2003
Agri Prices (July 18)
Sugar S301362 (1421)
Palm oil357 (358)
Ground ready530 (532)
Coconut oil ready5505 (5505)
Pepper garbled ready7900 (7900)

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AGRI-BIZ & COMMODITIES

FARM CREDIT


PSBs welcome rate cap on crop loans
PUBLIC sector banks have welcomed the Central Government's move to cap interest rates on crop loans of up to Rs 50,000 at 9 per cent per annum. Bankers contend that this will help them capture larger volumes of business and also pass on the ... More

FERTILISERS


Widespread rains may boost fertiliser offtake — But Q1 figures tell a different tale
"Barring some pockets in Andhra Pradesh, there have been widespread rains across the country. Sentiment is definitely positive for fertiliser offtake.'' More

PLANTATIONS


Campco to resume arecanut shipments to Pakistan
The Karachi-based Agar International has signed a contract to buy 2,000 tonnes of white arecanut. More

RUBBER


Rubber prices rule static
RUBBER prices ruled flat even as the prices of essential commodities sky-rocketed as the transporters' strike entered the fourth day on Friday. Buyers were absent from the market despite arrivals being thin. There were scattered enquiries from ... More

DAIRY & DAIRY PRODUCTS


Hatsun sues Tirupur dairy co for trademark infringement
THE Chennai-based Hatsun Agro Product Ltd, owners of the `Arokya' brand of milk and milk products, has sued a Tirupur-based private milk company for trademark infringement. Hatsun Agro, which has taken a legal recourse in the Madras High Court ... More

AGRICULTURAL INSTITUTIONS


Conventional breeding — Icrisat plans biotech-aided crop improvement group
THE International Crops Research Institute for the Semi-Arid Tropics (Icrisat) here proposes to establish a biotechnology-assisted crop improvement consortium involving private sector breeding companies for the conventional breeding of sorghum, ... More

COIR


SBI, UNIDO project for coir industry inaugurated
THE State Bank of India project "Uptech" in collaboration with the United Nations Industrial Development Organisation (UNIDO) has successfully implemented a unique coir cluster scheme in the Alappuzha district. The project, which was set in ... More

OILSEEDS & EDIBLE OIL


Solvent extractors seek hike in edible oil duty differential
AN appeal to the Government to maintain a 15 percentage point difference between basic customs duty on crude and refined palm oil in order to support the domestic refining industry has been made by Solvent Extractors' Association of India (SEA). ... More

TOBACCO


AP tobacco crop size fixed at 111.24 mkg
THE authorised crop size of tobacco in Andhra Pradesh for 2003-04 has been fixed at 111.24 million kg. This is 5 per cent higher than the authorised crop size of 105.48 mkg fixed during 2002-03. The Production Committee meeting of Tobacco ... More

Do away with MSP for tobacco, say growers
WHILE farmers usually want a minimum support price fixed for their produce, tobacco farmers from Andhra Pradesh have urged the Union Government and the Tobacco Board to do away with MSP to pave the way for market intervention, "as MSP is proving ... More


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Widespread rains may boost fertiliser offtake — But Q1 figures tell a different tale


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