Financial Daily from THE HINDU group of publications
Wednesday, July 09, 2003
Agri Prices (July 8)
Sugar S-301285 (1272)
Palm oil360 (358)
Ground ready555 (558)
Coconut oil ready5500 (5500)
Pepper garbled ready8000 (8000)

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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES


Commodity futures yet to gain popularity
EVEN though several multi-commodity exchanges (MCE) have come up with screen-based trading system in the country, the trend in the volume of trade does not seem to be encouraging. The main reason attributed to this phenomenon by the market ... More

RICE


Who will win the rice race, India or Vietnam?
AFTER having surrendered its number two position in rice exports to India last year, Vietnam is desperately trying to snatch it again. But factors such as logistics and an anticipated rise in demand could make things difficult for it. On the ... More

AQUACULTURE


Seafood exporters get reprieve from Govt — Use of chemicals/preservatives in consignments
IT was a do or die situation for the Indian seafood export industry. If they used chemicals or preservatives in their export consignment, they would lose their export market and could even be banned from these markets for good. If they did not, ... More

RUBBER


Rubber prices fall again
PHYSICAL rubber prices fell again on Tuesday. All the grades made losses. Absence of major buyers put immense pressure on small growers to sell at extreme low levels. Some of the traders were seen on the sidelines waiting for the rates to ... More

TEA


Record price for Assam CTC tea
DESPITE a dull tea market, one single lot of CTC tea from Assam has created a record by hitting the price of Rs 250 a kg on Tuesday at the Calcutta Auction Centre. According to industry sources, the price — which some say is the highest ... More

WATER


AP reservoirs at record low; no water for kharif crops — Minister warns of water crisis
ALARMED over poor inflows into the major reservoirs in the State, the Andhra Pradesh Government on Tuesday expressed inability to provide water for the ongoing kharif season. The State Agriculture Minister, Mr Vadde Shobhanadeeshwara Rao, told ... More

DAIRY & DAIRY PRODUCTS


Heritage Foods plans 5 processing units
HERITAGE Foods (India) Ltd, the Hyderabad-based Rs 193-crore milk and milk products company, has chalked out an expansion programme, which involves setting up of five procurement and processing centres in South India. In a communication to ... More

AGRICULTURAL POLICY


Foodgrains management policy needs overhauling
IN a `concurrence of convenience' that possibly smacks of political expediency, the Ministry of Agriculture has supported the recommendation of the Commission on Agricultural Costs and Prices (CACP) to raise the minimum support price (MSP) for ... More

WTO


EU: Realising the WTO dream
With its move on farm subsidies, Europe has taken the first step towards the realisation of a WTO dream and earned its passage to Cancun. It is a clear signal to other quad countries that they should come forward with concrete measures to lower t he hurdles that hamper free international trade in agricultural commodities, says Sharad Joshi. More

Developing nations to join hands on WTO farm issues
EVEN as the thorny issue of how to cut down huge agricultural subsidies being doled out by rich countries occupies the centre stage in the run-up to the Cancun Ministerial of the WTO, a few developing countries have expressed the importance of ... More


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Jun. 29-Jul. 5
Tea traders to offer premium for good quality

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