TNAU FELLOWSHIP
K. Gomathi, M.Tech. (Food Processing and Engineering) student of Tamil
Nadu Agricultural University, has been awarded the Post-Graduate
Scholarship by All India Council for Technical Education for an amount of
Rs. 8,000 per month for 24 months. Gomathi has worked on The Effect of
Ohmic Heating on Rheological Properties of Papaya Pulp under the
guidance
of
K.
Thangavel,
Professor,
Department
of
Agricultural
Processing, TNAU.
Dont just go green, grow green
Do tomatoes, instead of onions, bring tears to your eyes? Are you uneasy
about all those chemicals in your veggies? Do you ache to bring a green
relief from the concrete eyesores that hem you in? Perhaps a solution
could be turning a corner of your home into a kitchen garden.
Garden City has always had gardening enthusiasts. But, as gracious
homes with vast backyards make way for glass-and-chrome edifices,
Bangaloreans are looking at more modest spaces to have a go at
gardening. So todays green thumbs have a go at it through vegetable and
fruit patches they grow in their backyards, terraces and even balconies.
Kitchen gardens dont cost much and dont require a lot of time too.
Depending on the varieties you want to grow, just an initial investment of
Rs. 2,000 can get to started.
Jayanagar resident Vijay Satish says his organic garden meets 90 per cent
of his kitchen needs.
He is proud of his brinjal, cucumber, chillies, coriander, fenugreek,
tomatoes, beetroot, turnip, carrots and radish. I go to the market only for
potatoes and onions!
He even experiments with exotic varieties of vegetables like broccoli,
Chinese cabbage, brown zucchinis, purple capsicum to name a few. He
minimises the costs of his terrace garden by recycling almost everything he
can lay his hands on plastic sheets, disposal barrels, even noodles
cups. Ask him if having green fingers is a prerequisite, he replies: Its not
rocket science: anybody can do it. But gardening certainly requires
patience and self-motivation.
Online communities
Social networking sites like Facebook are proving to be a great boon for
enthusiasts who want to make their house greener but dont know where to
start. Members of online groups share their experiments, pictures and
techniques, creating a pool for newer members to learn from. Mr.
Laxminarayan, an active member of the group Organic Terrace Gardening
on Facebook, has been terrace-gardening for almost four years now. I
started it to reduce job stress.
His Facebook group boasts a membership of more than 5,900 almost
3,000 of them are from Bangalore members from across the country and
even abroad.
B.N. Vishwanath of the Garden City Farmers Trust observes the trend
really picked up after 2005 with a number of young doctors, engineers,
BPO employees and working couples wanted to experiment with greenery
in their homes. His NGO can be contacted on 9845627217.
URBAN RITES
Many Bangaloreans are turning to gardening to beat stress and veggie
prices
Driverless tractors till high-tech farm
Mr. Gowda, who also manages Bhoomika Nursery in the village, said that
farmers from Shimoga district, Sirsi and Kundapura have been placing
orders for the saplings but he was unable to meet their demand.
He said that he took up its cultivation after mite blight hit his coconut
plantation a decade ago. In addition, he planted them in arecanut plantation
as a precaution as yellow leaf disease (YLD) has been fast spreading in
arecanut plantations in Sullia taluk though the disease has not hit his
arecanut plantation.
Mass cultivation of Malabar nutmeg could bring supplementary income to
farmers and save a bit and set off a part of the loses because of diseases
to arecanut and coconut, he said.
Why grafted saplings?
Mr. Gowda said that if one raised about 100 saplings from seeds,
according to his experience, 60 per cent of saplings were male ones, which
do not yield. Only 40 per cent female ones would yield. All the grafted
saplings planted by him have been yielding.
He said that the saplings raised from seeds grew very high and it required
a skilled worker to climb the tree for harvesting the fruits. But grafted ones
did not grow tall. Nine year old trees in my plantations are only 20 ft. in
height. They can be harvested without climbing them, he said.
Yogesh H.R., Deputy Director, Department of Horticulture, Dakshina
Kannada, said that another farmer Ravi Kedilaya at Ramakunja in Puttur
taluk has also done its mass plantation.
Mr. Yogesh said that it could be grown as an alternative to YLD-hit palms.
But the Horticulture Department does not have its saplings in its nurseries
and do not have any schemes for its promotion. There was no way of
identifying the nut-bearing and non-fruit bearing ones at the sapling stage.
It would be known only after it grew up.
Mr. Yogesh said that about 300 to 350 flowers of ram patre would make a
kg. P. Sridhar, Range Forest Officer, Puttur, said the Forest Department,
which raised 3,000 saplings from the seeds in its nursery at Puttur this
year, has planted all recently except 300 saplings in reserve forests in
Narimogaru, Anegundi, Kanakamajalu and Kannadkka, he said.
The Minister echoed what the Chief Minister had informed the member
earlier on another question that first grade colleges were opened,
especially in Hassan districts Holenarsipur taluk without proper financial
back up.
Mr. Krishna Byre Gowda said the process was on to recruit staff in the
colleges. Mr. Revanna said that more than 3,000 of the 5,000 posts were
vacant. He said Rs. 8,432.50 lakh and Rs.14,000 lakh were provided to
four farm universities for education and under the National Agriculture
Expansion scheme, respectively.
Foodgrains output declines, pulses touch record level
Foodgrains output this year (2012-13) has declined by 3.64 million tonnes
over the previous year. Drought in parts of some States last year adversely
impacted rice, wheat and coarse cereals harvest. Pulses production on the
other hand, has shown a remarkable improvement at 18.45 million tonnes
as against 17.09 million tonnes, the previous year.
The shortfall in food grains production is, however, likely to be made up in
the 2013-14 crop year with the kharif (paddy) sown area about 114 lakh
hectares higher so far than last year, owing to good southwest monsoon.
Sowing is still on in most States.
As per the fourth advance estimates released by Agriculture Ministry on
Monday, the total food grains output is 255.36 million tonnes as against
259.29 million tonnes last year. Rice output is 104.40 million tonnes
compared to 105.30 million tonnes last year, while rabi (wheat) production
is 92.46 million tonnes as against 105.30 million tonnes last year.
The wheat output estimates have been revised downwards from 93.2
million tonnes in the third estimates of the Ministry released in May. Still,
the Ministrys estimates are at variance with traders who claimed that the
output is still lower by about four million tonnes.
Procurement of wheat this season has been around 26 million tonnes
against a target of 44 million tonnes as private trade had entered the
market and purchased the grain.
The likely output of pulses has been revised upwards in the fourth
estimates to 18.45 million tonnes, which is higher than the target of 18.24
million tonnes. Pulses production last year was 17.09 million tonnes. The
higher output is attributed to handsome enhancement in the minimum
support price and a special thrust under the National Food Security
Mission. India traditionally imports about 3 to 3.5 million tonnes of pulses to
fill up the gap in demand and supply.
Coarse cereals at 40.06 million tonnes are lower than 42.01 million tonnes
produced in the 2011-12 crop year (July to June).
In oilseeds and commercial crops, the output of oilseeds is higher at 310.06
million tonnes over 297 the previous year. While cotton and mesta outputs
are lower, jute has done better than the previous year. Sugarcane output in
2012-13 is lower at 3389.63 lakh tonnes over 3610.37 lakh tonnes in the
previous year. This is due to severe drought last year in parts of
Maharashtra, Karnataka, Andhra Pradesh and Gujarat.
No GM field trials till regulation gaps are addressed, says TEC final report
The final report of the Technical Expert Committee (TEC) set up by the
Supreme Court in a Public Interest Litigation on Genetically Modified
Organisms (GMOs) has said that it will not be advisable to conduct more
field trials till gaps in the regulatory system are addressed.
The report was much awaited as a representative of the Union Agriculture
Ministry (R.S. Paroda) was added on the panel after the submission of its
interim report in October last on the Courts directions at the behest of the
Ministry. The farm Ministry had objected to the absence of its
representative on the panel.
However, Dr. Paroda has not signed the report and there is no clarity on
whether he gave a dissenting note or his comments were annexed to the
report. He attended the meetings but did not attend the signing of the report
on June 30 in Chennai, The Hindu was told by a member of the panel. Dr.
Paroda was not available for comment.
In its final report, the TEC has suggested that the members of the
regulatory authority be free of conflict of interest, such a body be set up
under the Ministry of Environment or Health. There should be a secretariat
of dedicated scientists with area expertise.
Stakeholder participation, need, socioeconomic considerations, societal
impact, and sustainability should be some of the dimensions to be
incorporated in the risk assessment and this should be done at an early
stage in the risk assessment process.
There is a need to include chronic and trans-generational toxicity testing.
The single largest number of applications for field trials to the Genetic
Engineering Appraisal Committee is for Bt (Bacillus thuringiensis a
commonly occurring bacterium found in insect-rich habitats and soils)
transgenic (including food crops such as rice and a range of vegetables).
The TEC pointed out that the safety of Bt transgenics with regard to chronic
toxicity had not been established and this needs to be done before it can
be considered safe. In this regard, the largest deployment of transgenics
worldwide is in soybean, corn, cotton, and canola, all of which are used
primarily for oil or feed. Nowhere are Bt transgenics bring widely consumed
in large amounts for any major food crop that is directly used for human
consumption. The TEC found no compelling reason for India to be the first
to do so.
PG programmes of TNAU in the ODL mode
PG PROGRAMMES OF TNAU IN ODL MODE
Tamil Nadu Agricultural University will offer three post-graduate degree
programmes at the Directorate of Open and Distance Learning
ODL).
32 26 9 314
33 26 1 386
Chandigarh
33 27 2 437
Hissar
35 27 0 234
Bhuntar
31 21 6 262
Shimla
23 17 3 449
Jammu
34 26 21 404
Srinagar
32 21 0 115
Amritsar
35 27 0 253
Patiala
33 27 0 441
Jaipur
32 26 0 277
Udaipur
32 24 14 361
Allahabad
33 27 24 528
Lucknow
30 25 48 476
Varanasi
36 27 10 340
Dehradun
32 23 5 1655
Agartala
36 26 9 438
Ahmedabad
34 23 30 440
Bangalore
26 20 1 309
Bhubaneshwar
31 24 14 453
Bhopal
27 24 3 650
Chennai
31 25 tr 299
Guwahati
34 26 1 488
Hyderabad
25 21 35 390
Kolkata
33 27 17 540
Mumbai
30 25 27 1514
Nagpur
30 25 14 922
Patna
35 28 1 155
Pune
26 22 6 403
Thiruvananthapuram 29 23 14 695
Imphal
32 23 6 429
Shillong
27 18 tr 481
FORECAST
VALID
UNTIL
THE
MORNING
OF
25th
July
2013: Generally
cloudy
would fight within and outside the Legislative Assembly for the
implementation of the Kalasa Banduri Nala project.
Market lies vacant, vendors invade lanes
A drive down the road that connectsAnandapur with EM Bypass is a
nightmare. Not because it is in a bad shape, but due to encroachment that
has taken over more than a fourth of the road on either side.
Traffic along the stretch, popularly referred to as Ruby Market, comes to a
halt once the vendors arrive in the morning. They return in the evening,
choking the road once again. This, despite the fact, that Kolkata Municipal
Corporation (KMC) has built an alternative market on a parallel lane.
The market on the road came up about 12 years ago, soon after Ruby
Hospital was set up. As residential complexes started coming up in the
area, more vendors moved in. "It takes about half an hour to cover the 2km stretch. Ideally, it should have taken a few minutes. It seems the
vendors will take over the entire road," said A Basu, a local resident.
Ananda Market, the alternative provided by KMC a decade ago, lies
vacant. "We had moved to the market but had very few buyers there since
it's in a deserted land. So, we were forced to return to the road," said
Gautam Laha, a fruit-seller.
Vending slots on the road are sold for anything between Rs 20,000 and Rs
50,000. The money goes to the union and the police, say vendors. Those
who can't afford to grease palms have to go from door-to-door delivering
goods.
Though vendors have now spilled over to the lanes adjoining the Kasba
Industrial Estate, a KMC official said: "It's sad that they have refused to
shift even after being provided with an alternative arrangement. Unless the
vendors cooperate with us, little can be done."
Onion prices decline marginally
The average wholesale prices inLasalgaon Agriculture Produce Market
Committee, the largest onion market in the country, witnessed a drop
of Rs 175 per quintal on Tuesday, amid rising apprehension that theCentral
government may ban exports to control the price rise. The market opened
on Tuesday after four days of holidays.
Average wholesale onion prices at Lasalgaon had reached a maximum of
Rs 2,450 per quintal last week, as compared to Rs 1,150 a quintal on June
4.
The average wholesale onion prices in various APMCs in the district, which
were in the range of Rs 2,425 to Rs 2,500 a quintal on July 18, declined to
Rs 2,275 to Rs 2,375 a quintal on Tuesday. The arrival of onions, which
was in the range of 5,000 quintals to 12,500 quintals on July 18, declined to
a range of 2,000 quintals to 10,625 quintals on Tuesday.
An official from Lasalgaon APMC told TOI, "The market reopened after four
days on Tuesday with a marginal drop in average wholesale onion prices
due to fears among traders that the Central government may impose a ban
on onion export to control price rise." The central government had imposed
a ban on onion export in 2010 to control prices which had reached a record
of Rs 3,800 a quintal in the wholesale market.
The average wholesale prices of onions in Lasalgaon APMC were recorded
at Rs 2,275 a quintal on Tuesday, against Rs 2,450 a quintal on July 18.
The minimum and maximum prices were recorded at Rs 1,400 and Rs
2,436 a quintal, respectively on Tuesday. The arrivals declined by 1,875
quintals to 10,625 quintals on Tuesday, against 12,500 quintals on July 18.
The average wholesale prices of onions in Pimpalgaon APMC were
recorded at Rs 2,300 a quintal on Tuesday, against Rs 2,500 a quintal on
July 18. The minimum and maximum prices were recorded at Rs 1,700 and
Rs 2,516 a quintal, respectively, on Tuesday. The arrivals declined by
6,000 quintals to 7,000 quintals on Tuesday, against 13,000 quintals on
July 18.
The average wholesale prices of onions in Yeola APMC were recorded at
Rs 2,375 a quintal on Tuesday, against Rs 2,425 a quintal on July 18. The
minimum and maximum prices were recorded at Rs 1,500 and Rs 2,475 a
quintal, respectively on Tuesday. The arrivals declined by 3,000 quintals to
2,000 quintals on Tuesday, against 5,000 quintals on July 18.
Weather-Chennai
Today's Weather
Tomorrow's Forecast
Wednesday, Jul 24
Max Min
Cloudy
Thursday, Jul 25
Cloudy
33o | 26o
Rain: 0
Sunrise: 05:52
Humidity: 70
Sunset: 06:38
Wind: normal
Barometer: 1005
Max Min
34o | 25o
Saturday
Sunday
Monday
Tuesday
Jul 26
Jul 27
Jul 28
Jul 29
Jul 30
34o | 26o
34o | 27o
35o | 27o
35o | 26o
35o | 26o
Cloudy
Overcast
Rain: 0
Sunrise: 05:37
According to an estimate, there are more than 5,000 trees around the
village.
The villagers have also planted hundreds of Neem trees.
Before 1992, the tribals of the village made no attempts to save the trees
because they believed that the trees belonged to the forest department and
hence they have no rights to interfere in illegal logging but soon they
realised that positive intervention is necessary.
The villagers then appointed a chowkidar who looks after jungles, spread
in a radius of 4 km.
The chowkidar is assisted by two people from the village, alternatively, for
resisting the illegal loggers of the area.
"This jungle is our life. I am guarding it for the last 15 years. I usually work
in the morning and evening with two other people who carry bows and
arrows. The aim is to save trees for villagers and animals," said Dillu, the
50-year-old guard.
Once a month all the villagers gather and discuss the current situation.
"If we get any information of tree logging the whole village gathers and
chases away the loggers," said Dillu.
"The village has set an example in the area. The work done by Kakrana
village is remarkable. We are planning to raise the village as a role model,"
said RS Sikarwar, divisional forest officer (DFO) of Alirajpur.
The kharif paddy (aus and aman) output accounts for about 70 per cent of
paddy production in the state. Delayed transplantation could affect the
productivity and quality of the crop.
Lower Rains
Burdwan considered to be the rice bowl of the State received 25 per cent
lower rains than average this year. Rainfall has also been lower by 39 per
cent in Birbhum, 31 per cent in Nadia and 27 per cent in Hooghly,
according to a data provided by Express Weather. These four districts are
considered to be high productivity areas in terms of paddy cultivation.
The districts of North 24-Parganas, Murshidabad, Bankura, Malda, East
Midnapur, West Midnapur, North Dinajpur, South Dinajpur and Howrah are
considered to be medium productivity areas. Except for Bankura, North 24
Parganas and North Dinajpur, rainfall is lower by 20-40 per cent in the
other districts falling under the medium productivity areas.
Production
The State Government has targeted to sow paddy on close to 42 lakh
hectare in 2013-14, similar to last years level.
However, the State expects to produce two per cent higher crop at around
110 lakh tonne this year as compared to 108 lakh tonne of aman paddy last
year.
If the rainfall improves then we expect a higher yield and better crop this
year, he said.
Anxious Farmers
Meanwhile, farmers in the State, who had suffered huge losses in 2012 due
to crash in open market price of paddy (below the minimum support price
levels) and poor procurement by rice mills at the support price, are keeping
their fingers crossed to get better prices for their produce this year.
The Centre has hiked the minimum support price for common grade paddy
by Rs 60 a quintal to Rs 1,310 for 2013-14 (July-June).
Currently we are getting close to Rs 1,380 in the open market. We just
hope that the rains improve so that we can get a better crop and sell them
at good prices this year, said Salauddin Mullah, a farmer of Boromuriya
village in Burdwan district of West Bengal.
2-day sugar technologists meet in Chennai
The South Indian Sugarcane and Sugar Technologists Association
(SISSTA) will hold its 43rd annual convention in Chennai during July 26-27.
The event comprises a 2-day seminar and an exhibition. Several industry
leaders are expected to participate including R. V. Vatnal, President
SISSTA; A. Vellayan, Murugappa Group; M. Manickam, President, South
Indian Sugar Mills Association; Ram Tyagarajan, Thiru Arooran Sugars;
and Palani G. Periasamy, Dharini Sugars and Chemicals. Mahesh
Kasirajan, Director of Sugar, and Tamil Nadu Cane Commissioner and
Benhar Mahesh Dutt Ekka, Commissioner of Sugar and Cane for Andhra
Pradesh, will deliver special address.
Rajshree Pathy, Rajshree Sugars and Chemicals, will be felicitated.
In the technical sessions, experts will present papers and discusstechnical
issues relating to cane and sugar, including cogeneration and engineering
aspects.
Rubber supply squeeze, price hike force tyre makers to look at imports
The tyre industry is looking at import of rubber on account of the squeeze in
domestic availability and rise in prices.
In July, the domestic prices have gone up from Rs 181 to Rs 192, a sharp
increase of Rs 11 in a short span of 19 days.
On the other hand the international prices have come down from Rs 164 to
Rs 153 in the same period.
ATMA, therefore, requested for maintaining a strategic reserve of an
essential industrial raw-material such as rubber.
They pointed out that Chinese Government maintains a reserve of rubber
to meet the uncertainties in rubber availability and ensure that tyre
manufacturing operations remain unhindered.
ATMA has also reiterated that the Government may allow import of NR on
a Tariff Rate Quota (TRQ) basis to ease the domestic availability situation.
Such a dispensation was granted in January 2011, when domestic
availability position warranted imports and 40,000 tonnes was allowed at a
concessional rate of customs duty.
Poor demand cools down groundnut oil
The Allahabad High Court had earlier issued an interim direction on May
16, 2013 to the Union Government and three others on a PIL that the
respondents not to allow any import of white poppy seeds from Country X
till the next date of listing, notwithstanding any licence or registration of any
import sale contract.
The matter will be listed on July 1, 2013 for further orders.
The court then observed that there would be no legitimate domestic
production of that country available for import till July, 2013 i.e., the next
harvest season.
India produced an estimated 18,374 tonnes of poppy seeds in 2012 and
against this it is estimated to be around 4,400 tonnes in 2013 following
reduction in area.
Availability, according to the trade, during the period from May 2012 to April
2013 was estimated at 10,576 tonnes.
The Indian Narcotic Control Board (NCB), Gwalior, is said to have granted
permits for cultivating in 5,700 hectares (ha) only this year against 24,000
ha last year.
Indian exports of alkaloids are to the US, Europe and Japan.
During 2010-11, the country exported 1,500 tonnes to the US, whereas in
2012-13, the US would purchase only 500 tonnes.
Japan also has reduced purchase from India from 1,200 tonnes to 400
tonnes, they said.
Given the reduction in sales of opium alkaloids during 2012-2013 and
2013-2014, the NCB has reduced cultivation Patta by 80 per cent. While
Pattas for cultivation of poppy in 2011-2012 were for 24,000 hectares, it is
Welcoming the report, the Coalition for GM Free India has written to the
Prime Minister urging that the Government act upon on the
recommendations of TEC. These recommendations are science-based and
well-reasoned. Therefore, we urge the Government of India to accept the
well-reasoned, reasonable and sound recommendations of the TEC and to
start overhauling the process of modern biotechnology regulation in India.
Vested interests should not be allowed to prevail and prevent the
acceptance of this report which is based on sound science, justice and the
principle of sustainability.
We look forward to the Union of India accepting these recommendations in
the Supreme Court and ensuring the delivery of justice, the Coalition said.
Traders divided over chana prospects
Amid slack demand and absolute decline in buying support, chana prices in
Indore mandis tumbled to a new low with chana (kanta) declining to Rs
2,850-2,900 a quintal.
Chana (desi) also declined to Rs 2,600-2,700, while chana masumi ruled at
Rs 3,300, chana (vishal) at Rs 2,700-2,800, while Kabuli Bitki ruled at Rs
2,800-2,900.
According to a section of traders, stockists and farmers unmindful of large
stock of imported chana from Australia lying on the Mumbai port had
stocked up chana with them in a large quantity hoping to sell it when prices
would go as high as Rs 4,000 a quintal.
According to Prakash Vora, an Indore-based chana trader, existing
conditions, weak demand, huge domestic stock and large stock of chana
with the NCDEX, may lead to further fall in chana prices. It would not be a
surprise, if chana prices in the coming days slip to as low as Rs 2,750 a
quintal, he added.
However, according to another trader Sanjay Agrawal, it is speculators who
have brought down chana prices to such a low purely with a motive to book
profit at higher rate in the coming days.
According to him, chana prices have already touched a record low and its
prices may see a rebound from its current level in the coming days.
However, given huge stock of domestic as well as imported Australian
chana on Mumbai port and bumper production of dollar chana (chickpea) in
the country this year and use of dollar chana as a substitute for the
manufacturing of besan, majority of traders here do not support any bullish
trend in chana prices in the coming days.
Chana dal (average) in Indore mandis was at Rs 3,400-25 , chana dal
(medium) at Rs 3,500-25 while chana dal (bold) declined to Rs 3,800-25.
Dollar chana ruled steady at Rs 3,800-4,400 on subdued demand.
On the other hand, weak export demand, dragged dollar chana prices by
Rs 100 a quintal in the past one week.
On Tuesday, dollar chana (42/44 count) in container ruled at Rs 5,500-25 ,
44/46 count at Rs 5,300-25, 46/48 count at Rs 5,100-25, while dollar chana
(58/60 count) ruled at Rs 3,600-25 a quintal.
Arrival of dollar chana on Tuesday declined to 7,000-8,000 bags.
Soyabean arrivals were about 1-1.10 lakh bags and its prices were Rs
3,300-3,400 ex mandi and Rs 3,450-3,470 for plant delivery. Mustard
seeds arrivals were 75,000 bags and the prices were Rs 2,950-3,550.
Malaysia BMD crude palm oils August contracts settled lower at MYR
2,346 (MYR 2,355), September at MYR 2,285 (MYR 2,296) and October at
MYR 2,258 (MYR 2,272) a tonne.
The Bombay Commodity Exchange spot rates (Rs/10 kg) : groundnut oil
980 (980), soya refined oil 640 (640), sunflower exp. ref. 745 (745),
sunflower ref. 805 (805), rapeseed ref. oil 680 (683), rapeseed expeller ref.
650 (653) cottonseed ref. oil 635 (640) and palmolein 525 (525).
Limited supply, higher demand boost pepper
Pepper prices both futures and the spot moved up on tight supply
situation and the consequent limited activities. Karnataka, which was
offering at Rs 390-395 a kg delivered anywhere in India, has raised its price
to Rs 400-405 , market sources told Business Line. Primary dealers said
dealers from Tamil Nadu were buying from the doorsteps of growers in
Idukki at terminal market prices on cash and carry basis.
Add to these, there were reports of firmer market in Vietnam where the
stocks have been depleted to a great extent, they said. It has raised its
price for V Asta to $6,775 a tonne (fob) while Indonesia was offering at
$6,600 (fob). Sri Lanka has also raised its price for GL 525 pepper to
$5,900 (fob) Colombo and 500 GL to $5,850 (fob).
These reports have also aided the price rise. Arrivals continued to be very
thin and today only five tonnes of pepper arrived and seven tonnes were
traded.
Following raising of the matching margin from Rs 5,000 to Rs 20,000 by the
India Pepper and Spice Trade Association (IPSTA) the Forward Markets
Commission has permitted it to raise the daily price band (fluctuation) to Rs
1,000 from Rs 500 a quintal and that is expected to come into force from
tomorrow, sources said. Aug, Sep and Oct contracts on the NMCE
increased by Rs 296, Rs 608 and Rs 146 respectively to the last traded
price (LTP) of Rs 40,900, Rs 41,200 and Rs 40,520 a quintal.
Total open interest decreased by 14 tonnes to 97 tonnes while total turn
over went up by 11 tonnes to 38 tonnes.
Spot prices shot up by Rs 300 to close at Rs 38,300 (ungarbled) and Rs
40,300 (garbled) a quintal on tight supply amid good demand.
Indian parity in the international market was at $6,950 (c&f) for Europe and
$ 7,200 a tonne (c&f) for the US, following weakening of the rupee against
the dollar.
According to an overseas report today, Vietnam's market is steady/firm
largely as a result of reports of heavy shipments during the first half of the
year, which include imports and re-exports. Indonesia is releasing limited
quantities of new crop. Buyers are reportedly watching closely. Stocks in
Brazil are very thin, and shippers have not made aggressive new crop
offers so far.
Sugar prices ruled flat on sluggish retailers demand due to heavy rain.
Due to disturbed train and other transportation services, presence of
buyers and retail brokers were thin.
Domestic futures market remained range-bound volatility as in physical
market supply outstrips demand, said observer.
A Vashi-based wholesaler said due to heavy rain in city from the morning,
most of the retail brokers and buyers stay away from the market as
transportation services were affected. Volume was thin with need-base
purchases. Less than expected demand from retailers bulk consumers
despite Ramzan and ample supply from mills in local market kept activities
routine since start of the month. No one wants to take risk of bulk buying as
market carries more than sufficient physical stocks. In near futures
sentiment will remain subdued or weak till new months demand give any
positive cues.
In Vashi market, arrivals were about 64-65 truck loads (of 100 bags each)
and local dispatches were restricted to about 58-60 truck loads.
Vashi market currently carries inventory of about 124-125 truck loads.
On Monday, about 15-16 mills sold 38,000-40,000 bags to local traders at
Rs 2,930-3,000 (Rs 2,930-3,000) for S-grade and Rs 3,030-3,220 (Rs
3,030-3,220) for M-grade.
Bombay Sugar Merchants Association's spot rates: S-grade Rs 3,0643,142 (Rs 3,064-3,142) and M-grade Rs 3,192-3,321 (Rs 3,192-3,321).
Naka delivery rates: S-grade Rs 3,020-3,080 (Rs 3,020-3,080) and Mgrade Rs 3,130-3,220 (Rs 3,130-3,220).
Wheat futures market may rule range-bound while dara wheat in physical
market may rule flat in coming days, said market experts.
Moderate buying kept dara wheat and flour prices unaltered, said Radhey
Shyam, a trade expert. Only need-based buying is taking place and any
major fluctuation in the prices is unlikely at present, he added.
In the physical market, dara wheat prices ruled flat and sold at Rs 1,470-75
a quintal. Mill delivery was at Rs 1,470 while delivery at the chakki was at
Rs 1,475.
Similarly desi wheat variety ruled flat at Rs 2,600-2,700.
On the NCDEX, wheat for August contracts improved by Rs 4 and traded at
Rs 1,570 with an open interest of 14,260 lots. The grain had touched a high
at Rs 1,577 earlier in the day. August contracts went down by Re 1 and
traded at Rs 1,575.
In the spot market, after witnessing a fall on Monday, wheat spot prices on
the exchange improved by Rs 2.5 and traded at Rs 1,485.
Flour Prices
Following a steady trend in wheat, flour too ruled flat and quoted at Rs
1,725. Similarly, Chokar ruled flat and sold at Rs 1,225 a quintal.
crop from Andhra Pradesh, which will start from August, will also ease the
situation," NHRDF said.
"The Ramzan season is underway in most parts of West Asia, a big market
for Indian onions. Therefore, overall international demand is slack," said a
trader from a leading export house.
According to the Department of Consumer
Affairs, in the last month, the average retail
price across the country had risen Rs 10-20
a kg. In areas such as Siliguri, Indore,
Gwalior, Dehradun and Delhi, prices rose by
about Rs 20 a kg in the last month.
Alarmed by the sudden and sharp rise in
retail price of onions, the government is
believed to have been contemplating a ban
on exports as the option of increasing the Minimum Export Price (MEP) is
no longer available as the method was scrapped last year.
Few days back a PTI news report quoting an unnamed government official
said that the government was keeping a close watch on onion prices and
was considering various options including a ban on export to control prices.
Total onion production in 2012-13is expected to be 15-16 million tonnes,
almost the same as last year.
Potato gains by 3%, on strong demand
Speculators strengthened their positions, driven by strong demand in the
spot market