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Monday, July 07, 2003

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AGRI-BIZ & COMMODITIES

RICE


Punjab set to regain `basmati hub' status — Mills shifting base lured by State Government sops
PUNJAB'S move to promote contract farming in basmati rice through waiver of purchase tax and market fee is leading to a major restructuring of the country's Rs 5,000-crore basmati industry, with a number of mills in neighbouring Haryana planning ... More

CULTIVATION


  • AP: Task force on kharif action plan

    RUBBER


    RUBBER OUTLOOK
    Correction likely in S. Asian markets
    THE rubber market heaved a sigh of relief during the week after a fortnight of panic selling. Buying orders from the covering group reversed the sentiment at the beginning and prices moved north. But the Government's decision to lift the ban ... More

    TEA


    Fair demand at Kochi tea sale
    A FAIR general demand persisted for almost all varieties of tea at the Kochi tea auction. Of the quantity of 10,63,000 kg on offer in the dust category, good liquoring CTCs were barely steady. Others were easier by Rs 1-2. Orthodox dusts were ... More

    PRECIOUS METALS


    Gold firmer as dollar softens
    A FIRMER week for gold with prices rising early in the week as the US dollar softened. The yellow metal bounced back over $350 an ounce on Tuesday, following weaker than expected economic data as a result of which the dollar and the equity ... More

    COTTON


    Cotton prices may move up further
    NYCE cotton futures ended slightly higher on Thursday on speculative and trade buying with very less volumes transacted ahead of a holiday weekend. The cotton market was shut on Friday for US Independence Day. Market participants will be ... More

    SPICES & CONDIMENTS


    Pepper exports down on higher global price
    PEPPER exports for the period January-May this year have declined on comparatively higher prices prevailing in the world pepper market this year. . Total exports from the six producing countries during this period were down 16 per cent to ... More
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    Punjab set to regain `basmati hub' status — Mills shifting base lured by State Government sops


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    In Focus
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    Looking back
    Jun. 29-Jul. 5
    Tea traders to offer premium for good quality

    EU to levy higher duty for basmati import

    Monsoon revs up kharif sowing — Sugarcane, cotton, oilseeds acreage up

    White stem borer attack on arabica plants — Further setback seen to coffee crop


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