Financial Daily from THE HINDU group of publications
Wednesday, September 18, 2002
Agri Prices (Sept. 17)
Sugar S301320 (1320)
Palm oil346 (345)
Ground oil ready455 (455)
Coconut oil4550 (4540)
Pepper garbled ready10,100 (9800)

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AGRICULTURE


Little succour to farm workers from globalisation: Study
FAR from helping to improve their lot, the process of globalisation of agriculture has raised serious concerns of displacement and loss of livelihood for agricultural workers in the country because of labour displacing mechanisation and other new ... More

AQUACULTURE


Shrimp market remains dull
THE market for black tiger shrimps remains dull as Japan has put purchases on hold in the hopes of dampening the market, according to market sources. Prices were ruling around $13.40 per kg 16/20 counts last week with some contracts finalised ... More

RUBBER


Arrivals flood rubber market
THE adverse trends in the market continued as the rubber prices further dropped following reports of more arrivals from the village marketing centres. The demand was not picking up commensurate with the increasing stock. The price fall has ... More

SUGAR


Monthly sugar release system may go soon
THE Union Minister of Consumer Affairs, Food and Public Distribution, Mr Sharad Yadav, has hinted at the dismantling of the monthly release mechanism for free-sale sugar. ``Effecting complete decontrol and continuation of the monthly release ... More

Govt considering plea for buffer stock: Yadav
THE Centre is `sympathetically considering' the sugar industry's demand for creation of a buffer stock to be financed from the Sugar Development Fund (SDF), the Union Minister of Consumer Affairs, Food and Public Distribution, Mr Sharad Yadav, ... More

TEA


Plea to produce export quality teas
THE escalating input costs and the slackening grip on the export market have all impacted domestic tea trade adversely, Mr Shiroy Daruvala, Chairman, Tea Trade Association of Cochin, has said. Addressing the tenth AGM of the association, Mr ... More

WATER MANAGEMENT


Karnataka ready to tap Kabini storage for crops
Farmers in eight districts in the Kabini catchment area have been protesting against the release of Cauvery water to Tamil Nadu. They have threatened to go on a `jail bharo' agitation. Through traffic between Bangalore - Mysore was disrupted near Man dya as agitators blocked roads. More

PRECIOUS METALS


Q2 gold demand down 14 pc
MUMBAI: The overall gold demand for jewellery, retail investment and industrial and dental uses fell 14 per cent to 729 tonnes in the second quarter this year compared to the same period a year ago, according to World Gold Council (WGC). ... More

FOODGRAINS


Foodgrain exports set to cross 15-mt mark
EXPORT of foodgrains from the Food Corporation of India's (FCI) stocks are set to soon cross 15 million tonne mark, since the drive to allow such shipments at highly subsidised rates began in November 2000. According to an official release ... More

COTTON


Global cotton use seen up; output may slip
AFTER remaining sluggish for three years, world cotton consumption in marketing year 2002-03 is expected to expand by 2.4 per cent, slightly above the long-term trend, to a new high, while world production is slated to decline by almost 10 per ... More

SPICES & CONDIMENTS


Pepper prices move up
PEPPER prices continue to maintain its upward trend with spot prices moving up by Rs 300 and futures by Rs 475 to Rs 670 per quintal, despite imports from Sri Lanka. The spot prices at the terminal market on Tuesday were MG 1 garbled Rs 10,100 ... More

AGRICULTURAL POLICY


AP: Crop procurement to begin in 15 days
THE Andhra Pradesh Government will commence brisk procurement operations within a fortnight, particularly for the purchase of rice and maize, in order to ensure minimum support price (MSP) for farmers. The Central Government is expected to ... More
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