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Tuesday, December 21, 2004

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AGRI-BIZ & COMMODITIES

CLIMATE & WEATHER
METSIGNS
Dry weather prevails over Kerala
DRY weather has prevailed over Kerala during the four days ending December 19, according to the Agromet Bulletin issued by the Met Office, Thiruvananthapuram. Forecast valid until the morning of December 22 spoke about mainly dry ... More

PESTICIDES
Sabero Organics gains on export thrust
THE stock of Sabero Organics, an agro-chemicals company, has been on a rise in the last one week on expectation of huge growth from its business, especially from the export market. In the last one-week, the stock has gained 64 per cent to ... More

RUBBER
Climatic conditions curb China's rubber output
CHINA has not made any remarkable progress in rubber cultivation due to the adverse agro-climatic conditions, according to Dr N.M. Mathew, Director, Rubber Research Institute of India (RRII). He recently returned after attending an international ... More

Domestic spot rubber prices rule steady
DOMESTIC spot rubber prices were steady on Monday. Both buyers and sellers seemed to pursue a wait-and-watch policy. The market activities were low key and sheet rubber RSS 4 closed at Rs 52.50 as on Saturday. The market was almost unchanged on ... More

SUGAR
Global sugar summit to discuss ethanol potential
AN international conference on world sugar industry and trade — The Sugar Summit 2005 — is scheduled to be held in Mumbai during February 11-12 next year. Experts from India and abroad will share their in-depth views on a range of ... More

TEA
Demand to bring tea imports under PFA Act
TEA imported into India for re-exports should be brought under the ambit of the Prevention of Food Adulteration (PFA) Act and the norms for value-addition should be re-introduced before any such consignment is re-exported. This was stated by Mr ... More

TECHNICAL ANALYSIS
Coffee in early stages of bull run
THE near month CSCE coffee futures price has moved in line with expectations (BL dated April 6, 2004). After dropping to the 64-65 cents range, coffee price have been on an uptrend in the last couple of months. The first target of 79.2 ... More

FOODGRAINS
Food aid shipments may top 8.5 mt
TOTAL food aid shipments in 2004-05 are expected to reach an estimated 8.5 million tonnes (mt), matching the volume shipped in the previous year, according to Food Aid Committee (FAC), a group of donor countries. Members' commitment under the ... More

Gram prices may fall on ample supply, restricted demand
GRAM spot prices may fall in the short term, as fresh supply is likely to expand against restricted buying. Spot prices of desi and imported gram have been ruling steady over the past few days due to limited off-take. Gram(Dalbar ... More

COIR
Kerala Coir body feels VAT is detrimental to it
LACK of regular supply of good quality coir fibre is a major problem faced by the coir industry in Kerala and several measures announced by the State and Central Governments have not yielded the desired results, according to Mr T.A. Kaleelur ... More

OILSEEDS & EDIBLE OIL
BCE launches futures in RBD palmolein
THE Bombay Commodity Exchange (BCE) on Monday launched futures trading in RBD palmolein. "Today the exchange has launched futures trading in RBD palmolein on outcry basis. The number of participants was around 20. Total trading volume was ... More

SPICES & CONDIMENTS
Lack of funds hits pepper procurement
PROCUREMENT of pepper by the Kerala State Co-operative Marketing Federation (Marketfed) did not take off on Monday as announced by the Government last week for want of funds. The board of the federation that met here on Monday has decided to ... More

CII workshop on vanilla
IN a bid to bring together all the stakeholders in vanilla to overcome the current crisis and create a more stable market, CII Kerala is organising a participatory workshop called `Vanilla Sustainable Solutions' on Wednesday. Extractors and ... More

Peppery prospects
The State Government's announcement to procure pepper at Rs 75 a kg has brought cheer to pepper growers. The prices have gone up to Rs 70 per kg in the market.

More

EXPORTS & IMPORTS
Air India Express may hit agri exports
EXPORTS of agricultural products, processed foods and other perishables to the Gulf sector are feared to hit an air pocket with the launch of Air India Express, the budget airliner, by the country's international carrier. Air India's plans to ... More




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