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Monday, March 06, 2006
Agri Prices (Mar 04)
Coconut oil (ready)4950 (4950)
Pepper garbled (ready)7300 (7300)


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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES


IT's on the board
AT an Agricultural Produce Marketing Committee (APMC) yard, one would normally expect to see piles of foodgrains or vegetables. But with commodity trading promising to become as big as stock trading in the coming years, do not be surprised to ... More

MCX to launch forward contracts in potato
To be linked to 3797 variety based on Agra spot prices More

WHEAT


AWB to start loading wheat shipment on March 8
AWB Ltd, Australia's monopoly wheat marketing body, will begin loading the first consignment of wheat for India on Wednesday. The initial 25,000-30,000 tonnes shipment will reach the Indian shores before the end of this month, as stipulated in ... More

CULTIVATION


Campaign for farmers in AP
The officials of agriculture, horticulture, sericulture and marketing departments will go on a month-long tour across the State to interact with farmers and prepare agriculture action plans for the ... More

INSIGHT


Farm sector holds growth key
As the Budget rightly says, `"Unless agriculture grows at four per cent, whatever combination and permutation we may try, we cannot attain 10 per cent growth... " More

INSURANCE


New India designs cover for commercially viable crops
Eyes energy companies to insure jatropha plant More

RUBBER


Rubber futures may decline
Physical supplies seen improving More

SUGAR


Bearish phase in sugar may last a fortnight
Bulls could take over next month; seen in control until H2 More

Sugar stocks ooze sweetness
Unlike the bearish trends in the sugar futures markets, prices of sugar stocks have already registered substantial appreciation in the last few weeks and there hardly seems to be any sign of correction. In fact, analysts feel that these ... More

TEA


Heavy withdrawals at Coonoor tea sale
With the producers refusing to sell the teas at low bids in anticipation of higher prices in the coming weeks in the wake of global shortage in supplies, heavy volumes of teas were withdrawn at the auctions of the Coonoor Tea Trade Association ... More

Fair demand seen at Kochi tea sale
A fair general demand persisted for almost all varieties of tea at the Kochi tea auction. Of the quantity of 8,71,000 kg on offer in the dust category, CTCs were generally lower by Rs 3-8 and sometimes to Rs 10. Orthodox grades were also lower ... More

Prospects brighten
SUPPLY SHORTFALL: A worker plucking tea leaves in a plantation in Munnar. The tea sector sees a bright future with prices showing an upward trend. The Kenyan crop being affected by drought and the sudden export demand from Pakistan holds promise ... More

TECHNICAL ANALYSIS


Palm oil may test support level, rise
Malaysian crude palm oil futures ended lower on Friday erasing gains made on the backdrop of a strong soya oil futures market. The third month active front month contract moved higher as expected. Prices shot higher ... More

Gold futures may rise
Gold futures reached a 24-day high within trading distance of quarter-century highs from early last month, before succumbing to profit taking. COMEX gold futures rallied higher in line with our expectations. As ... More

Crude futures may move up
The price movement was in line with expectations. The near month crude oil futures ruled firm and also moved to the initial target zone of $63.8-64 a -barrel-mark. After touching a high of $63.79, the prices closed at ... More

Support, resistance for commodities
More

FOODS & FOOD PROCESSING


SBH to enhance credit to food processing units
40 plots to be developed in phase I More

GOLD & SILVER


China's gold import rising
Gold market sentiment could get an extra boost from news that Bank of China will allow depositors to buy and sell gold products with their dollar accounts. This is likely to have a positive impact on investment activity in China. The product ... More

METALS


Beijing hiking alumina, copper capacity
China's alumina production capacity is expected to rise to 21 million tonnes (mt) a year by the end of 2010 following the scheduled completion of a number of domestic expansion projects, according to China's National Development and Reforms ... More

OILSEEDS & EDIBLE OIL


Suspicion over coconut oil price fall
If the prevailing trend in the coconut oil prices is any indication, manipulations of its prices seem to have resurfaced in the market. The spot price of coconut oil on February 4 which was at Rs 4,800 a quintal shot up to Rs 5,150 a quintal ... More

COCONUT & COPRA


Going online
GETTING READY: A coconut grower drying copra at a farm near Alappuzha, Kerala. The Coconut Development Board and the National Multi Commodity Exchange of India (NMCE) have joined hands to introduce online futures trading in copra soon. It is the ... More

COFFEE


Coffee growers get more time on interest dues
The move will benefit small growers who were the worst hit during the coffee crisis. More

POULTRY


Managing disasters
The poultry industry last week received yet another reminder of how, in spite of a surface normality in our everyday lives, we are never far from a calamity. If you were in the business of raising, selling or ... More

Broiler prices seen to improve — Consumption perks up
There is improved movement of both eggs and birds to Kerala markets as well as within the State in the last three days. More

SPICES & CONDIMENTS


Jeera could continue to rule lower
More

INTERVIEW


`Nothing wrong in altering Pulichintala design'
Bidder is free to choose the design, says contractor More

EVENTS


`Call to boost farm exports'
India needs to quickly take steps to increase supply of agricultural products to the world market by increasing productivity, according to Dr H.A.C. Prasad, Senior Economic Advisor, Department of Economic Affairs, Union Ministry of Finance. ... More



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Union Budget 2006-2007

Economic Survey 2005-2006


Top Stories
Bearish phase in sugar may last a fortnight


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Body to track bank client servicing

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Suspicion over coconut oil price fall

Transition will be smooth and benefit all

In Focus

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In Depth

Gender Justice
Simple Economics
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Looking back
Feb. 26-Mar. 4
Vegoil tariff policy rankles producers

Poultry industry loss put at Rs 5,000 cr

Poultry sector seeks reschedule of loans

Fertiliser subsidy to exceed Budget estimates
Total subsidy may cross Rs 24,000 crore


Short-term credit at 7 pc — Farmers to get from kharif season

India to turn major metals consumer

AWB wins wheat tender

Pepper exports to US decline

Budget doubles excise duty on sugar

Global market's weakness hits oilmeals price



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