Financial Daily from THE HINDU group of publications
Wednesday, September 28, 2005
Agri Prices (Sept 27)
Sugar 301756 (1760)
Groundnut oil ready478 (478)
Coconut oil (ready)4850 (4850)
Pepper garbled (ready)6350 (6350)


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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES


IPSTA to use V-Sat connectivity for trading
THE India Pepper and Spice Trade Association (IPSTA) has decided to upgrade its present screen-based trading facility by switching over to V-Sat connectivity. The association has submitted a proposal to this effect to the Forward Markets ... More

FARM CREDIT


Farm loans to be 20 pc of Allahabad Bank's credit flow
ALLAHABAD Bank aims to ensure credit flow to the agriculture sector at 20 per cent of the net bank credit by March next year. The bank is eyeing fresh credit delivery to the tune of Rs 1,000 crore by the half year ending September 30 and Rs ... More

AQUACULTURE


`Asia, Africa yet to exploit opportunity in aquaculture'
FISH may be the most traded commodity internationally but governments in Asia and Africa are yet to exploit the opportunity aquaculture offers in rural development and job generation, according to Dr M. Vijay Gupta, recipient of the 2005 World ... More

Indian shrimp prices decline in US markets
Festival demand fails to spark; exporters look to Japan

THE price of Indian shrimp has eased in the US markets, despite a shortage of processed shrimp in India and most of the exporters deserting the North American markets, sources in the Seafood Exporters Association of India said. "Increasingly, ... More

PLANTATIONS


TN: Planters, unions sign new wage accord
THE stalemate between the plantation managements in the Valparai (Coimbatore), Highways (Theni) and Manjolai (Tirunelveli) regions and the trade unions has come to an end with the signing of a new wage accord. The accord, however, has been ... More

RUBBER


Bullish trend in physical rubber
PHYSICAL rubber prices maintained the bullish trend on Tuesday. Sheet rubber and latex improved on acute shortage, while ISNR 20 firmed up on moderate export buying. The inflow of the raw material to the main marketing centres continued to be ... More

TEA


Exports boost tea prices
COONOOR: Reduced offerings and increased demand from exporters helped the prices to improve at the auctions of the Coonoor Tea Trade Association (CTTA) here. Prices generally rose by Rs 2 per kg over the previous week. The lowest bid, ... More

COTTON


A human touch that ensures purity of ginned cotton in a mechanised world
ALL-MECHANISATION may be a buzzword in manufacturing or product processing. But, for a company engaged in processing agricultural produce in rural Tamil Nadu, going manual still makes business sense, as long as it helps achieve its ultimate ... More

CASHEW


Cashew body plans slew of initiatives to promote exports
MR Walter D'Souza, who was elected President of the Cashew Export Promotion Council of India (CEPCI) at the 50th annual general meeting at Kochi on September 22, has plans for launching various innovative schemes and programmes to take cashew ... More

MARKETING


States told to speed up agri marketing reforms
Move away from traditional grain-based strategy, says PM

THE Prime Minister, Dr Manmohan Singh, today exhorted the States to "accelerate and urgently complete" agricultural marketing reforms to ensure that farmers get a legitimate share in the final value of their produce. Addressing a meeting of the ... More



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In Depth

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Looking back
Sep. 18-Sep. 24
Rubber exports may top 40,000-tonne target — Volatility in global market dissuading exporters

Cotton output seen at 255 l bales next season — CAB fixes this crop year's production at 243 lakh bales

Rubber stocks continue to rule low

Fundamentals continue to drive metal prices

Inflation up 3.53 pc due to higher fuel, food prices

Edible oils turn bearish on imports, better crop


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