Business Daily from THE HINDU group of publications
Friday, August 25, 2006
Agri Prices (August 24)
S-301826 (1826)
Groundnut oil ready535 (530)
Coconut oil ready4925 (4925)
Pepper garbled ready10100(10000)


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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES
Commodities camp in Mumbai
A commodities camp is being organised in Mumbai on August 26, to help investors to understand the fundamentals of investing in commodities. The camp, jointly organised by Awaaz, a leading TV channel along with the commodity ... More

RICE
Paddy MSP raised by Rs 40/qtl
The Union Government on Thursday announced a further Rs 40 per quintal increase in the Minimum Support Price of paddy for the ensuing 2006-07 kharif marketing season. On July 27, the Cabinet had pegged the MSP for `common' ... More

WHEAT
Wheat woes
The fight against rising wheat prices seems to be slipping out of Government hands. The decision to go in for imports has made little impact on domestic prices, leading to a re-think in official strategy. An enterprising colleague recently ... More

CLIMATE & WEATHER
`Low' could hit monsoon withdrawal schedule
Will have forced the eastern end of the trough to shift southwards More

RUBBER
Quiet trend in spot rubber
Buyer resistance kept spot rubber subdued on Thursday. The prices declined as buyers rewrote the quotations to lower levels as weather turned more favourable for production. An increase in arrivals is also expected during the Onam week, dealers ... More

SUGAR
Balrampur Chini's offer to Indo Gulf shareholders
Sugar major Balrampur Chini Mills Ltd has made an open offer for the minority shareholders of New Delhi-based Indo Gulf Industries Ltd. As per the announcement sent to the stock exchanges, Balrampur Chini would be buying 37.15 lakh shares, ... More

TN cane farmers seek timely settlement of payments
Mills would start delaying the payment More

TEA
Tea shipment to Poland rejected
ADULTERATED CONSIGNMENTS More

FOODGRAINS
Price rise
TRADERS IN A FIX: A vendor displaying corn at a market in Kerala. Maize prices in the country are rising due to lean season for crop arrivals and delay in the release of corn stocks held with the Government. This has put poultry feed ... More

COIR
Ministry assures help to Coir Board
Lack of infrastructure has dented Kerala's export market More

POULTRY
Rs 40-cr project to make power from poultry litter
Plant set up at Tiruchengodu will go on stream tomorrow More

SPICES & CONDIMENTS
Pepper futures market moves up
The Pepper Futures market continued its upward trend on reports of increase in prices in Brazil and buying by Indian shippers. Prices of all contacts at NCDEX and NMCE went up substantially. The Sep position at the former on ... More

Cardamom prices shoot up on good buying support
Cardamom prices continued their upward swing on good buying support from the domestic markets during the week. The average price for the first time after three years shot up to Rs 419 a kg at Wednesday's auction conducted by Cardamom ... More

ALLIANCES & JOINT VENTURES
New spot exchanges on anvil
The National Spot Exchange for Agriculture Produce (NSEAP) plans to roll out its agri-commodity spot market in Kerala and Rajasthan by October this year. NSEAP is a joint venture between Multi Commodity Exchange (MCX), National Agricultural ... More

EXPORTS & IMPORTS
A tale of two cereals
Non-basmati exports rising steadily; to cross $1 b this year More

Southern flour mills strike deal to buy Australian wheat
Willing to pay more for quality produce; deal as part of import arrangements More






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