The Hindu Business Line : Tuesday, November 01, 2005

Rubber prices likely to rule at Rs 60-65 a kg till mid-January
RUBBER prices continue to rule over Rs 65 a kg in spite of the onset of the peak tapping season. The benchmark ribbed smoked sheet (RSS) - 4 grade on Monday moved up again to Rs 66.50 a kg from Rs 66 during the weekend. Industry experts ... More

Covering groups keep spot rubber steady
THE domestic rubber market moved up further as most of the sellers sidelined the market on Monday. Covering groups lifted the prices offering better quotes, while the transactions were extremely dull due to short supply. NMCE November ... More

SUGAR

Bajaj Hindusthan begins cane crushing in 3 new UP plants
BAJAJ Hindusthan Ltd has commenced cane-crushing operations at three of its new greenfield sugar plants in Uttar Pradesh. This includes Bilai (Bijnore district) and two units in Muzaffarnagar district — at Thanabhavan and Budhana. Each ... More

World sugar market to remain firm on ethanol demand
DESPITE a rebound in Indian sugar production in 2005-06, global sugar market is expected to continue to remain firm over the next few months due to strong demand-supply fundamentals. In addition to ethanol prices and fund interest, stocks are ... More

Bannari Amman Sugars adopts new tech to raise cane yield
WHEN Bannari Amman Sugars decided to enhance its cane crushing capacity, it also perceived the need to augment cane supplies. The promoters, however, under the present circumstance, saw no scope for increasing the crop area (horizontally). But ... More

Shree Renuka Sugars ends below offer price
SHARES of Belgaum-based Shree Renuka Sugars Ltd listed at a premium on Monday on the Bombay Stock Exchange at Rs 310 per share against the issue price of Rs 285. However, the share price soon came down to touch a low of Rs 258 during the day ... More

Ponni Sugars Erode to raise sugarcane crushing capacity
PONNI Sugars Erode Ltd plans to expand its sugarcane crushing capacity by 500 tonnes a day to 3,000 tonnes a day. With this, it would process an additional one lakh tonnes annually. According to officials, the company hopes to put in place ... More

Sugar millers hopeful of gasohol programme launch
The South Indian Sugar Mills Association has represented to the Tamil Nadu Government to approve production of larger quantities of anhydrous ethanol to cover the entire State under the programme. More

COIR

Sterling Farm bags award
KOCHI: The Sterling Farm Research and Services Private Ltd here has been selected for an award by the Coir Board for conducting research and developing new/value-added products from coir and coir pith for hi-tech agriculture. The award ... More

OILSEEDS & EDIBLE OIL

Tariff value hiked for palm group of oils, cut for soya oil
THE Central Board of Excise and Customs revised the tariff values for various edible oils on Monday. Palm group of oils has attracted hikes ranging from $2 a tonne for RBD palmolein to a high of $8 a tonne for crude palm oil. Crude soyabean ... More

POULTRY

Recognise poultry as farm enterprise: Swaminathan
PROF M.S. Swaminathan, Chairman of the National Commission on Farmers, has asked the Government to recognise poultry as an agricultural enterprise. This will go a long way in promoting multiple livelihood options for the rural poor. Addressing ... More

Avian flu: Govt puts in place surveillance system
THE Government today said a nationwide surveillance system has been put in place to keep a close eye on domestic poultry population and migratory birds to deal with any untoward situation. A committee has also been formed to study whether the ... More

Price of Chinese herb used in bird-flu drug shoots up
STAR anise is a herb used in oriental cooking. But its price has shot up by 20 times , as companies scramble to stock the Chinese herb that is also used in making Tamiflu, the medicine used globally to mitigate the effects of bird-flu. There ... More

SPICES & CONDIMENTS

AP farmers' federation urges Centre to scrap Spices Board Act
THE Federation of Farmers' Associations, Andhra Pradesh, has urged the Centre to scrap the Spices Board Act 1986 and de-constitute the board. In a presentation on Development of Spices, chaired by Ms Radha Singh, Secretary, Union Agricultural ... More

MINERALS

Iron ore outlook positive for 2006
FOR 2006, the iron ore market is looking tight. China's demand for imported iron ore is expected to grow strongly again next year. However, there is a cat-and-mouse game between sellers and buyers over pricing next year's supplies. Despite ... More

AGRICULTURAL POLICY

Cotton/sugarcane: The pricing conundrum in Maharashtra
Apropos the report by G. Chandrashekhar, "No case for cotton and sugarcane price hike" (Business Line, October 25), I wish to make the following comments: Cotton: I agree with the author that the growers should not be made to ... More

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line