Thursday, May 14, 2009

JNTU results released

JNTU results released

Results of the entrance examination conducted for part-time PG programmes of JNTU were released on Wednesday. They can be accessed on www.jntuh.ac.in, according to a press release.

Diesel seized

Kakinada: The police seized 33,000 litres of diesel at Sakhinetipalli in the district on Wednesday and also two tankers and a boat in which it was being transported. Fifteen persons were arrested and all of them hail from Kakinada, according to the circle inspector Somasekhar. The origin of the contraband is being investigated. Kakinada port police were alerted. Staff రిపోర్టర్

Virginia tobacco prices set new record

B.V.S. Bhaskar
–File photo Reaping rich: Tobacco leaves being dried in a field.

RAJAHMUNDRY: For the first time in the northern light soils (NLS) of the State, the Virginia tobacco broke its own record of Rs.150 per kg on Wednesday. It touched Rs. 150.40 per kg on the two floors at Jangareddygudem, while the price remained Rs. 150 at the other three floors of Koyyalagude, Devarapalli and Gopalapuram, which are adjacent to East Godavari and fall in the west.

“This is the highest ever price paid to Virginia tobacco in Andhra Pradesh. On the other hand, Karnataka also completed auctions and the maximum price there was Rs. 159.40 per kg with the average price per kg being Rs. 109.80,” said V. Manmatha Rao, Regional Manager of Tobacco Board in Rajahmundry. He said the production in the NLS was estimated at around 53 million kg this season and 15.16 million kg had been sold so far at an average price of Rs. 107.68 a kg. On the whole, 78.34 million kg of tobacco had been sold in the State at an average price of Rs. 96.37 a kg. The authorised crop size in the State is 170 million kg and estimated production would be around 200 million kg this season. Keeping in view the past records, the board is reluctant to go for surplus in view of high prices, according to Mr. Rao.

When asked the reason for the steep rise in prices, Mr. Rao attributed it to the shortfall in production in the international market and the political crisis in Zimbabwe which hit the crop production there.

Black soils

Interestingly, this year the production in black soils will also fetch a good price as the international market was hit by low production.

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