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Wednesday, March 23, 2005

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AGRI-BIZ & COMMODITIES

WHEAT


Wheat grain quality may be hit by rains
PROLONGED rains and hailstorms over the last few days have raised serious concern on the quality of wheat crop due to be harvested from mid-April. Experts fear that this could affect the grain quality, resulting in declined protein content and ... More

AQUACULTURE


US to decide on shrimp exporters' plea on Friday
THE seafood industry is keeping its fingers crossed as the United States International Trade Commission (USITC) is set to declare on March 25 whether it will admit India's submission to review the anti-dumping duty imposed on the country's shrimp ... More

FERTILISERS


Cash crunch: MFL stops producing complex fertilisers
MADRAS Fertilizers Ltd (MFL) has stopped producing complex fertilisers due to cash crunch following delay in release of subsidy by the Fertiliser Ministry, according to MFL officials. MFL continues to source feedstock on credit from Chennai ... More

RUBBER


Rubber unchanged on dull trading
THE domestic spot rubber remained almost unchanged amidst dull trading interest and lack of trend setting factors. The market appeared to be slipping into a holiday mood as Easter is at the doorsteps with only a few more days to go. Hence the ... More

PRECIOUS METALS


Rand Refinery first co to get DMCC accreditation
ONE month after the launch of the Dubai Good Delivery Standard by Dubai Metals & Commodities Centre (DMCC), the South Africa-based Rand Refinery Ltd - the world's biggest single-site gold refining complex - has become the first to receive . More

FOODGRAINS


Kharif grain target fixed at 114 mt
THE Government has pegged food grain production target of 114 million tonne (mt) for 2005-06 kharif season starting June. "The target for kharif 2005-06 is 114 mt," the Agriculture Secretary, Ms Radha Singh, said at the two-day national ... More

COTTON


Cotton crop estimate raised to 232 lakh bales
THE Cotton Advisory Board (CAB) on Tuesday raised its crop estimate to 232 lakh bales (of 170 kg) for the current season October 2004-September 05 from 213 lakh bales madeon November 22. "Total acreage this season has been same at 89.70 lakh ... More

TOBACCO


Tobacco auctions still sluggish in AP
TOBACCO sales have not yet picked up momentum in Andhra Pradesh and only 10 million kgs of the crop has been sold so far at an average price of Rs 44.10 a kg on the floors in the State. The authorised crop in the State is 111 million kg. It is ... More

SPICES & CONDIMENTS


Hot `n' spicy
Different spices kept for sale at a shop in Kochi. Spices export has increased 54 per cent this fiscal till January to 2.80 lakh tonnes, valued at Rs 1,725 crore. Last year, the exports totalled 1.82 lakh tonnes worth Rs 1,490 crore. Spices oils ... More

New norms for chilli exports
COONOOR: The Spices Board has announced two important changes to the norms applicable for the export of chillies and chilli products. As per this, the exporters need not obtain certificate from the Board that the consignment is free from ... More

Chilli trade stalled
GUNTUR: Transactions at the Guntur chilli market yard have been stalled since Monday as traders are staying away in protest against the move of commercial tax authorities to collect tax arrears on exports. Exports were exempted in the ... More



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