The Hindu Business Line : Saturday, September 27, 2003

EID Parry to foray into contract farming of rice
EID Parry is looking at diversifying into contract farming and branded marketing of rice, according to sources. It has made a test marketing of white ponni raw rice under the brand name `Akshaya' and is set to diversify the supply base and ... More

COMMODITY EXCHANGES

Bullion futures trading to begin next week
NATION-WIDE futures trading in gold and silver will start next week at the National Multi-Commodity Exchange of India (NMCE) after a gap of about four decades. At a press conference here on Friday, Mr Kailash Gupta, NMCE's Managing Director, ... More

CLIMATE & WEATHER

Advisory on transplantation
THE Agromet Advisory Bulletin for the State issued by the Meteorological Office, Thiruvananthapuram, has advised that transplanting of seedlings in the "mundakan" paddy fields may be taken up after a two-week recess from the application of ... More

PESTS

American bollworm attack threat in central India
THE panic button has been pressed following a warning from the cotton scientists about a possible outbreak of American bollworm (Helicoverpa armigera) attack in the country's central cotton zone. Cotton scientists have, with the use of ... More

HORTICULTURE/FRUITS & VEGETABLES

Karnataka may procure onion, potato from other States
FACED with almost a 50 per cent drop in onion and potato output in the current kharif season due to poor rains, the Karnataka Government is expected to make arrangements soon to procure these commodities from neighbouring States. The State ... More

RUBBER

Rubber gains on buying
THE rubber market moved up again on Friday responding to the buying from the covering group and the traders who expect better rates in the week ahead. Major buyers stayed on the sidelines. The world market at Bangkok continued its bull run ... More

TEA

UPASI ANNUAL MEET
Excess supply seen harming tea market
WITH the net supply line being up by 106 million kg (mkg) in 2002, world tea situation manifests a general over supply of tea, leading to increasing uncertainties in the market conditions and price volatility, Mr N.K. Das Chairman, Tea Board, has ... More

High import duty hitting tea trade, says Pak team
Pakistan trade members say there has been no binding agreement with India. More

A trip that cheers
SOFT Hindi film music in the background, snatches of Urdu and Hindi laced with Punjabi that ebbed and flowed with the conversation. You'd be forgiven for thinking it's just another gathering of the tea industry's crème de la crème. In fact, it ... More

Tea buyers oppose auction curbs
IMPOSING restrictions on the dealers of tea will weaken the well-designed and systematically working tea auction system and consequently the tea industry as a whole, according to the Tea Buyers' Association here. Addressing the 30th Annual ... More

ALUMINIUM

Aluminium stocks likely to increase — Rising output, stagnant offtake worry producers
A MAJOR problem confronting the domestic primary aluminium producers is that while production is rising annually, the consumption of the metal is not showing commensurate growth. Aluminium production is estimated to have gone up to 6,78,000 ... More

COFFEE

`Flexible investment policy needed to raise coffee offtake'
THE potential for improving consumption and its resultant effect on the coffee market shows promising possibilities, according to Ms Laxmi Venkatachalam, Chairperson, Coffee Board. This is evident in the fact that 17 per cent of the world ... More

`Coffee entering over-production stage'
"WE are entering a phase of structural overproduction. And this is largely due to the fact that the traditional pattern of world production, alternatively over supply and under supply, as a result of price led periods of investments and ... More

`Consistency vital to boost coffee exports'
"WE have to concentrate on building the flow of coffee out of India as this would ensure sustainability of interest in international markets," Mr R. Mansingh, Manager - Purchase, Nestle India, said. Mr Mansingh was speaking at the technical ... More

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