Financial Daily from THE HINDU group of publications
Friday, June 03, 2005
Agri Prices (July 26)
Sugar 301837 (1850)
Groundnut oil ready480 (480)
Coconut oil ready5290 (5350)
Pepper garbled ready6200 (6200)

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AGRI-BIZ & COMMODITIES

RUBBER


Mixed trend in spot rubber continues
SPOT rubber continued to remain mixed on Thursday. Sheet rubber closed steady at Rs 63.25 a kg at Kottayam as buyers were unwilling to enhance their quotations. Other grades, except RSS 5, declined on weak demand. According to sources, ... More

TECHNICAL ANALYSIS


Spot gold may consolidate
SPOT gold prices fell further lower due to weakness in the euro currency. A rejection of EU constitution in France over the weekend triggered the fall in Euro and the Dutch also voting against the EU constitution further added to bearishness. ... More

METALS


Copper, zinc rates cut
MAJOR metal producers on Thursday announced a cut in prices by Rs 800-1,000 a tonne on copper products and Rs 100 a tonne on zinc products with immediate effect following a weak trend on the London metal market. Major copper producers including ... More

COTTON


Stocks may rein in cotton prices
DESPITE world production and consumption of cotton in 2005-06 forecast to remain in balance, there is widespread expectation that world cotton prices could climb by a fourth from the current levels. But, record opening stocks and comfortable ... More

OILSEEDS & EDIBLE OIL


Edible oil imports top 5 lakh t in May
FOR the second month in a row, edible oil imports into the country topped five lakh tonnes (lt). As per the preliminary import data compiled and made available to Business Line by the industry portal Oilmandi.com, the month of May ... More

Sopa seeks tariff rate quota for soya oil import
THE Soyabean Processors Association of India (Sopa) has urged the Centre to fix a tariff rate quota of 10 lakh tonnes for import of soyabean oil. The Sopa Chairman, Mr Rajesh Agrawal, in a letter to the Commerce Minister, Mr Kamal Nath, has ... More

SPICES & CONDIMENTS


Cardamom steady on buying support
CARDAMOM prices ruled steady on good demand in the week to Thursday at the auctions held in Kerala and Tamil Nadu. Arrivals were said to be thin and as a result, most of the auctioneers plan to suspend auctions till mid-July. At the Kumily ... More

GENERAL INSURANCE


Weather proof
The Union Finance Minister, Mr P. Chidambaram, launching the 2005 weather insurance scheme `Varsha Bima' of the Agriculture Insurance Company (AIC) in the Capital on Thursday. The insurance will cover two lakh farmers, who will pay 4-8 per cent ... More


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