Financial Daily from THE HINDU group of publications
Thursday, January 02, 2003
Agri Prices (Jan 01)
Sugar S-301180 (1175)
Palm oil381 (383)
Ground ready509 (510)
Coconut oil ready5400 (5400)

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AGRI-BIZ & COMMODITIES

AQUACULTURE


Smelly shrimps put off Japanese buyers
SHRIMP processors could face restrictions imposed by Japanese importers, in addition to the quality claims that they are facing now, when trading commences next week, according to market sources. Importers have been dumped with ``muddy ... More

RUBBER


Rubber slides
Arrivals were fairly good following widespread tapping and good harvest and the market may not feel the rubber scarcity. The stocks held by growers and small traders have been released to marketing centres, according to reports available. Most ... More

TEA


Tea auction system rationalised
The new order, issued today, spells out that every registered manufacturer, as specified by a direction of the Registering Authority (the Chairman of Tea Board), should from today onwards, sell such percentage as might be specified from time to time by the authority, of tea manufactured by him in a calendar year or such period as might be specified in the direction, through public tea auctions in India. More

Coonoor tea industry lost Rs 86 cr in 2002
TEA traders operating through the Coonoor auctions lost Rs 86 crore in 2002 compared to 2001. This showed a 28 per cent fall in turnover. But for the higher earnings by the orthodox teas, the overall loss would have been still higher The ... More

TOBACCO


Curbs removed on unauthorised Karnataka tobacco
THE Central Government has authorised the Tobacco Board to admit the regular and registered traders and dealers of the Board to purchase, at its auction platforms, the unauthorised Flue Cured Virginia (FCV) tobacco grown by unregistered growers ... More

CREDIT CARDS & DEBIT CARDS


Over 2.5 lakh Kisan Credit Cards issued
BANKS in Karnataka, including regional rural banks and co-operative banks, have issued 2.58 lakh Kisan Credit Cards with total credit limit up to Rs 9.88 crore, in the first half of the current financial year, the latest banking statistics ... More

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