The Hindu Business Line : Friday, June 16, 2006

AQUACULTURE
Karnataka bans deep-sea fishing in 3 districts
The Karnataka Government has imposed deep-sea fishing ban in three districts of coastal Karnataka - Dakshina Kannada, Udupi and Uttara Kannada - with effect from June 15. A Government notification said here that a 57-day deep-sea fishing ... More

HORTICULTURE/FRUITS & VEGETABLES
Mango processors in a soup over high prices
Low export prices for canned pulp compound problems More

Plea to set up kiosks in farmers' shandy
To spread awareness among consumers and also provide market linkages, the Tamil Nadu Government should set up kiosks within the farmers' shandy that can sell `organically' raised vegetables, according to Mr Vyapuri, President of the United ... More

RUBBER
Spot rubber remains low
The domestic spot rubber prices continued to remain depressed on Thursday. Declines in major overseas indices and the absence of strong consumer supported the mood but the market was not panic as seen on Wednesday. RSS 4 fell to Rs 104.00 and ... More

SUGAR
Sugar stocks: Value pick after fall?
Another segment of stocks that could be looking at a breather are sugar company shares, which were among the worst hit in the recent broad market fall. Most of the frontline and B-Group stocks lost ground by about 40-50 per cent in the bear ... More

Sugar down
Sugar spot prices ruled weak at the Vashi wholesale market on Thursday on continued offerings. Small grade (S-30) was lower Rs 5 at Rs 1,880/1,925 per quintal over previous day while medium grade (M-30) was steady at Rs 1,915/1,970 per ... More

TEA
Bought-leaf tea factories seek interest waiver
The Nilgiri Bought Leaf Tea Manufacturers' Association has appealed to the Tea Board to waive the interest on the loans got by the factory owners. "We have submitted a petition to the Tea Board Chairman, Mr Basudeb Banerjee, seeking this relief ... More

ALUMINIUM
Aluminium prices cut by Rs 8,000/t
Nalco, Hindalco bring down prices following weak LME trends More

GOLD & SILVER
Precious metals recover
Precious metals recovered partly on the local bullion market on Thursday on some fresh buying amid firmness in global markets. Standard gold prices were up Rs 90 at Rs 8,560 per 10 gm from Rs 8,470 per 10 gm. Pure gold (99.99 fineness) was up ... More

OILSEEDS & EDIBLE OIL
Govt cuts tariff values for vegoils
$6/t for palm group; $17 for soya More

Edible oil imports decline 21%
Crude oil shipments up More

Edible oils turn weak
Except groundnut oil, imported edible oils prices ruled weak on the local edible oil market on Thursday on increased offerings by importers on news that the government has cut tariff value by $6 per tonne on edible oils. Groundnut oil increased ... More

COCONUT & COPRA
Coconut production to be doubled
The Agriculture Minister, Mr Mullakara Ratnakaran, has said that coconut production in the State will be doubled in a year's time. The Minister said this while addressing a meeting of high-level officials of the department ... More

SPICES & CONDIMENTS
Import curbs reports buoy pepper futures
Pepper futures market improved on Thursday on reports of a possible quantity restriction on imports of the commodity from Sri Lanka. The prices moved up and closed higher, market sources told Business Line. All the positions increased ... More

OUTLOOK
Kuwait expects crude to stabilise at $65-70
Kuwait, one of the major oil producers of West Asia, expects crude prices to stabilise at $65-70 a barrel. Speaking to newspersons on Thursday, Kuwait's Oil Minister, Sheikh Ahmad al-Fahd al-Sabah, also said that demand in winter is likely to be ... More