The Hindu Business Line : Sunday, February 22, 2004

COMMODITY EXCHANGES
NCDEX to extend trading hours
THE National Commodity & Derivatives Exchange Ltd. (NCDEX) has decided to introduce an evening trading session from February 23 onwards. "The Indian commodity market is globally connected given the direct correlation between international ... More

TEA
Tata Tea: Plantation business still has flavour
Yet, steps taken in-house, comments by officials and the changing texture of its results - courtesy the impact of consolidating accounts with Tetley's, cast a question mark over plantations continuing centrestage at Tata Tea. Tea prices have ... More

TECHNICAL ANALYSIS
Palm oil may move higher
MALAYSIAN crude palm oil futures on MDEX ended higher on Friday on the back of a very strong rally in the Chicago soya oil and a market friendly export data estimates from the two main cargo surveyors. SGS the main cargo surveyor, said it ... More

COTTON
Cotton tech mission seeks Rs 100 cr more
THE technology mission on cotton has sent a proposal to the Planning Commission seeking an additional Rs 100 crore for on modernisation of ginneries and cotton marketing yard improvement under mini-missions III and IV. The technology mission ... More

OILSEEDS & EDIBLE OIL
Groundnut oil exports may top Rs 300 crore
TOTAL exports of groundnut oil are expected to touch 60,000 tonne fetching Rs 300 crore during the current financial year 2003-04, according to the Solvent Extractors' Association (SEA). "Total exports during the November 2003 to January 2004 ... More

SPICES & CONDIMENTS
Spices exporters decry cut in DEPB rates
THE decision of Director General of Foreign Trade to reduce the Duty Entitlement Pass Book rates would adversely affect the spices exporters, according to Mr Ramkumar Menon, Chairman, All-India Spices Exporters Forum. Mr Menon told Business ... More

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