Business Daily from THE HINDU group of publications
Thursday, September 28, 2006
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Agri Prices (Sept. 27)
S-301776
Coconut oil ready5300
Pepper garbled ready12700 (12900)


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AGRI-BIZ & COMMODITIES

INSIGHT
Inflation and deteriorating terms of trade for agriculture
Commodity prices may be rising but have not benefited the producers. For farmers the terms of trade have been worsening. The solution lies in an efficient marketing system. More

INFRASTRUCTURE
Aqua Technology Park to be set up in Kochi
To function as a hub for export of ornamental fish More

RUBBER
Sheet rubber edges higher
Physical rubber prices showed a better trend on Wednesday. Covering groups began to buy at lower levels following a recovery consecutively for the second day in TOCOM. The trend gathered momentum from an improvement in oil futures and yen's ... More

TEA
Orthodox leaf prices higher at Coimbatore auctions
The total offerings at the Coimbatore tea auction rose marginally from 4.31 lakh kg during the previous week's sale to 4.72 lakh kg last week. Leaf grades accounted for 1.95 lakh kg and the rest constituted dust. Orthodox grade: The ... More

Packet tea market set to witness price war
Fallout of Tata Tea reducing rates for Agni brand More

Improving returns
RISE IN AVERAGE PRICES: A worker plucking tea leaves on a plantation near Devikulam in Kerala. The average price fetched in the South Indian auctions during January-July increased by Rs 5.46 to Rs 49.57 a kg, while in the North, the prices ... More

Tea buyers concerned at adulteration
The Tea Buyers Association here has said that it is a matter of concern to the tea sector that adulterated teas including in packets are freely marketed in the State. Addressing the 33rd annual general meeting of the association, its ... More

METALS
Hind Copper to increase mining capacity
Plans investment of Rs 2,000 cr in phases; anticipates rise in demand More

OILSEEDS & EDIBLE OIL
Gujarat groundnut output pegged at 16 lakh tonnes
Acreage down to 16.5 lakh hectares; area under cotton up 5 lakh ha More

SPICES & CONDIMENTS
Brazil sales push pepper futures down
Reports of sales by Brazil at lower prices have pushed down the pepper futures market on Wednesday after shooting up on Tuesday on highly speculative activities. Another factor that contributed to the fall was the selling pressure in the spot ... More

US-based equity fund to invest $10m in Eastern Condiments
The US-based private equity fund, New Vernon Private Equity Ltd, has decided to invest $10 million in Eastern Condiments, the flagship company of the Kerala-based Eastern Group. The company has gone for fresh investments to expand and ... More

Replanting to reduce cardamom output
Growers replace senile plants with high-yield strains More

TRADE & LABOUR UNIONS
Lockout in 6 Kanan Devan divisions
Workers adopt go slow tactics More






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