Financial Daily from THE HINDU group of publications
Sunday, October 02, 2005
Agri Prices (Oct 1)
Sugar 301753 (1750)
Groundnut oil ready495 (488)
Coconut oil ready4800
Pepper garbled ready6450(6400)


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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES


Physical delivery at 8 pc for pepper futures on NMCE
PEPPER witnessed a physical delivery of 499 tonnes, which constituted 8.06 per cent of the total traded volume of 6,190 tonnes at the National Multi-Commodity Exchange of India Ltd (NMCE). Pepper futures September series maintained a distance ... More

RUBBER


Mixed trend in spot rubber
SPOT rubber showed a mixed trend on Saturday. RSS 4 declined to Rs 63.50 and Rs 63.25 respectively at Kottayam and Kochi from Rs 64 a kg on profit booking at higher levels, while most of the buyers preferred to keep a low profile on the grade. ... More

TEA


Four cos in race to buy HLL's Doom Dooma Tea
LEADING tea companies, Apeejay Surrendra Group, Dhunseri, Warren Tea and MK Shah Exports are in the fray to acquire Hindustan Lever's wholly owned subsidiary Doom Dooma Tea Co Ltd for around Rs 50-55 crore. Sources said that the apart from ... More

TECHNICAL ANALYSIS


Palm oil may correct lower
MALAYSIAN crude palm oil futures ended higher on Friday on expectations of strong bio-fuel demand from European Union and the US. Strong demand for palm oil as a bio-fuel in the light of spiralling crude oil prices, and the price advantage it ... More

COFFEE


illycaffe seeks cut in import duties on roasted varieties
ILLYCAFFE, the world's largest producer of gourmet `Espresso' coffee, wants a reduction in India's import duties on roasted varieties. "Coffee consumption in India would perk up if the import duty is reduced," Mr Andrea Illy, Chairman and ... More

SPICES & CONDIMENTS


Fall continues in spices export
EXPORTS of spices continue to decline during the current fiscal on sharp fall in the shipments of chilli, coriander, other seeds, cumin etc. Compared to the exports of 1,58,054 tonnes valued at Rs 984.71 crore during the April-Aug 2004, total ... More

RIGHTS ISSUE


Simbhaoli Sugar Mills: Invest
SIMBHAOLI Sugar Mills is among the riskier exposures in the sugar sector because of its highly leveraged balance-sheet, inconsistent financial record and the competition in the sector in Uttar Pradesh. However, with ... More



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Looking back
Sep. 25-Oct. 1
`Lack of air cargo space hampers farm exports'

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