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Monday, September 08, 2003

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AGRI-BIZ & COMMODITIES

AQUACULTURE


More labs to test antibiotic residues in shrimp on anvil
UPSET over the concerns being expressed by the developed nations such as the US and Japan on the antibiotic residues in the Indian shrimp exports, the Government is seriously considering a proposal to set up three more laboratories in the ... More

RUBBER


Rubber prices may decline
After an almost steady opening on last Monday, rubber rates improved adding minor gains against previous weeks sharp losses. The market appeared to be in holiday mood throughout the week while the volumes continued to disappoint the dealers. ... More

TECHNICAL ANALYSIS


NY cotton may correct lower
NYCE cotton futures settled higher on Friday ending at monthly highs recovering early losses on speculative buying. Reaction to the weekly sales and export report released on Friday morning by the US Department of Agriculture was largely neutral. ... More

PRECIOUS METALS


Gold speculative positions surge
IT was a firm week for gold with prices testing towards $380 an ounce, but not being able to reach and much less penetrate that level. The overall week-over-week price movement was modest. Official price of gold on Friday was $375.80/oz ... More

COTTON


Small spinners seek relief
THE South India Small Spinners Association (Sisspa) has urged the Tamil Nadu Government to encourage cotton cultivation in the Thanjavur delta region considering the prevailing dry situation in the Cauvery belt. Cotton should be tried as an ... More

SPICES & CONDIMENTS


Pepper drops on heavy arrivals, low demand
PEPPER prices dropped in the terminal market here on weak demand and increased availability in the domestic and international market. Indonesia, where 60 per cent of the crop harvesting is over, was offering at $1,325 per tonne. Similarly, ... More
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Looking back
Aug. 31-Sep. 6
High edible oil taxes hit traffic in major ports

Edible oil imports decline steeply

Storm in a milk bottle

CACP raises sugarcane SMP to Rs 73 a quintal

Futures volume set to top Rs 2,00,000 cr

Sowing picks up as monsoon turns active

Area under cotton may rise 12 pc — Bt cotton coverage likely to treble


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