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Monday, October 13, 2003

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AGRI-BIZ & COMMODITIES

RICE


`Sugandh' set to take on Thai Jasmine rice
FINALLY, India has found the answer to `Jasmine', the long-grain aromatic rice that does an annual export business of around $650 million for Thailand. The Indian Agricultural Research Institute (IARI) has developed new high-yielding ... More

PLANTATIONS


Kerala planters call for revival package
THE crisis in the plantation sector in Kerala requires a series of measures as it has reached a stage that 4.5 lakh people depending directly and almost the same number indirectly on this sector are facing a threat to their livelihood. ... More

RUBBER


Stocks liquidation likely before rubber rally
THE rubber market opened on a strong note last Monday. The rates flared up further on Tuesday on strong buying from the covering group but failed to sustain at higher levels due to profit booking and fresh selling from traders on Wednesday. The ... More

TEA


Pre-Diwali sales push Coonoor tea rates up
`MUHARATH deal', as the pre-Diwali sales are called by Gujarati and Maharashtra dealers, helped the tea prices move up at the auctions held here. With the upcountry markets opening after the Pooja closure, there was a definite demand for ... More

Good demand at Kochi tea sale
A FAIR general demand persisted for almost all varieties of tea at the Kochi tea auction. The dust sale witnessed a fair general demand at lower end levels and the quantity on offer was 921,000 kg. CTC market was lower by Rs 2-4 and sometimes ... More

TECHNICAL ANALYSIS


Cotton futures in for correction
NYCE cotton futures vaulted higher and closed at a five- year high despite a bearish USDA supply/demand data. Massive options-related and trade buying reversed an early downturn in cotton caused in part by a bearish USDA supply/demand report. ... More

COTTON


Seed makers' consortium in pact with NBRI for cotton knowhow
SWARNA Bharat Biotechnics Private Ltd (SBBPL), a consortium of seven leading seed manufacturing companies, has entered into an agreement with the Lucknow-based, National Botanical Research Institute (NBRI) for obtaining Bt cotton ... More
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Looking back
Oct. 5-Oct. 11
Global pepper exports decline 17 per cent

H1 oilmeal exports decline 25 pc

Oilmeal exports may top 35 lakh t

Rise in global prices, demand for exports — Fall in cotton prices likely to be capped


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