THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications

Friday, August 11, 2000

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Agri-Business

Agriculture
Coconut growers seek steps to check price crash
COCONUT growers in the Pollachi belt in Tamil Nadu are likely to follow the Nilgiris tea growers' way if the Government fails to resolve their demands soon.

BOOE to begin palmolein futures next week
THE Centre has permitted the Bombay Oilseeds and Oils Exchange Ltd (BOOE) to launch futures trading in refined bleached deodorised (RBD) palmolein. The permission is valid for a period of five years with effect from August 8, 2000.

Mounting pressure to clear wheat stocks
FOR those watching the Government's unease in trying to somehow get rid of the unmanageable volumes of public stocks of foodgrains, the further slashing of wheat prices announced on August 9 should come as no surprise. The Government is under tremendous pressure to liquidate at least a part of the massive stockpile; but there are few takers.

Sugar industry seeks creation of buffer stock
THE sugar industry is mounting fresh pressure on the Government for creating a buffer stock of up to 25 lakh tonnes in order to mitigate the mounting inventory cost burden of mills arising from excess domestic production.

Floriculture
Apeda plans marketing centre in Europe
THE Agricultural and Processed Food Products' Export Development Authority (Apeda) will set up a marketing centre in Europe to promote Indian products and brands in the European Union countries.


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