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AGRI-BIZ & COMMODITIES

OUTLOOK: Indian demand unlikely to fuel global sugar prices
White sugar premium widens on hopes of imports. With domestic mills and refiners booking over two-thirds of their raw sugar requirements for the coming 2009-10 season (October-September), demand from India is unlikely to help sustain the current ...

COCONUT & COPRA: Coconut production declining in Kerala
Kozhikode, Sept. 2 Kerala is seeing a steady decline in the production of coconuts even as neighbouring States like Tamil Nadu are fast catching up with it both in terms of production ...

AQUACULTURE: Cash-flow problems for seafood exporters
Kochi, Sept. 2 Indian seafood exporters are running into trouble over the huge amounts outstanding as enhanced custom bonds paid to the US Customs and Border Protection over and above the anti-dumping duties paid for shrimp exports into ...

CLIMATE & WEATHER: Bay `low' deferred by a day but rain forecast stays
The monsoon has been active in Konkan, Goa, Vidarbha, coastal Karnataka and Kerala during the past 24 hours even as India Met Department (IMD) deferred the watch for a fresh low-pressure area in the Bay of Bengal by a ...

COMMODITY MARKETS: Agri imports may be a costly affair
Mumbai, Sept. 2 The Government plans to meet the short fall in kharif crop through imports may turn out to be a costly affair with prices of agriculture commodity ...

STORAGE: Changing storage pattern
Pilot project: The modern silo of Adani Agri Logistics at Elavur, 50 km from Chennai. The silo has been set up as part of a pilot project of the Food Corporation of India. The project is set to change the way grains, particularly wheat and ...

COCONUT & COPRA: AP urged to focus on coconut by-products, exports
Visakhapatnam, Sept. 2 Andhra Pradesh, with over one lakh hectares under coconut cultivation, needs to focus more on by-product utilisation and exports to make farming more remunerative to ...

RUBBER: Rubber futures turn weak
Kottayam, Sept. 2 The domestic rubber futures showed a weak trend on Wednesday. The September contract closed at Rs 108.45 (108.79), October at Rs 110.60 (110.54), November at Rs 110.61 (111.23) and December at Rs 111.94 (112.07) a kg for RSS ...

TEA: Coonoor tea auction volume rises
Coonoor, Sept. 2 After facing a decline for seven consecutive weeks, the volume offered for sale at the auctions of Coonoor Tea Trade Association has posted an increase this week. For Sale No: 36 to be held tomorrow and Friday, a total of 13. ...

SPICES & CONDIMENTS: Pepper futures stays steady
Kochi, Sept. 2 The pepper futures market on Wednesday was steady with the first two contracts closing marginally down on limited activities.The spot market here remained closed on account of the ...

INSURANCE: Weather cover for mirchi farmers
...

Columnists: G Chandrashekhar Sharad Joshi




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Markets (Sept 2)
Nifty (at close)4,608.35(-17)
US Dollar (Buy/Sell)48.96/97
Brent crude (a bbl) Rs3,361
Gold (a gram) Rs1,418
Silver (a kg) Rs25,630


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