Business Daily from THE HINDU group of publications
Saturday, Aug 05, 2006


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Agri-Biz & Commodities - Cotton
States - Tamil Nadu
LRA-5166 cotton price may rise to Rs 2,050/qtl

G. Gurumurthy

Coimbatore , Aug 4

The market intelligence cell of the Tamil Nadu Agricultural University's Centre for Agriculture and Rural Development Studies (CARDS) has said the price of kapas (raw cotton) (LRA-5166) is likely to rise by October from the current price quote of Rs 1,950 a quintal.

The price of LRA-5166 is expected to be around Rs 2,050 a quintal by October.

This is based on the monthly data of market prices for the variety observed in the past 12 years in the Tirupur Regulated Market yard, according to a communication from TNAU.

The data analysis on kapas prices was carried out by the team from the CARDS domestic and export market intelligence cell led by its project coordinator, Dr N. Raveendran.

The communication said when the crop starts arriving from North Indian production centres from October, the prices would tend to soften initially but they would show a rising trend from January. It also suggested that by storing and selling kapas during September/October 2006, farmers can get a price of Rs 2,050 a quintal as against the current market price of Rs 1,950. The major varieties of cotton grown in Tamil Nadu are MCU-5, RCH and LRA-5166, though the area under Bunny and RCH are showing increasing trend.

More Stories on : Cotton | Tamil Nadu

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Aquaculture centre at Kakinada


Market-ready microbial insecticide developed
Supply fears buoy spot rubber
Cauvery delta farmers unhappy
LRA-5166 cotton price may rise to Rs 2,050/qtl
Syngenta, Super Spinning in pact for cotton project
Suguna Poultry Farm to get $30 m IFC fund
Madagascar crop to keep vanilla prices low
Investor interest shifts to jeera, pepper futures
Pepper futures rebound
Sugarcane SMP fixed at Rs 80.25/qtl
Basmati industry smitten by renaming bug
Rs 501-crore project to revive Wayanad economy


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line