The Hindu Business Line : Monday, February 23, 2004

SUGAR
Sugar may fall on supply glut
WHOLESALE sugar prices may fall further this week on increased supply and quick offerings by a few stockists because of total additional free sale quota of 1.95 lakh tonnes released for the current month by the Government. Bulk buyers, on the ... More

TEA
CTC teas lower at Kochi auction
A FAIR general demand persisted for almost all varieties of tea at the Kochi tea auction. Of the quantity of 841,000 kg on offer in the dust category, CTC market was lower by Rs 1-2 and sometimes more. Orthodox dusts remained steady. The best ... More

TECHNICAL ANALYSIS
Cotton futures may head lower
NYCE cotton futures closed lower on Friday, after the much expected USDA sales report came as per market expectations and failed to ignite a rally ahead of March cotton contract's first notice day. In its weekly export sales report, USDA said ... More

COTTON
Cotton output seen up 21 pc at 165 lakh bales
THE All-India Cotton Traders Association conference held here on Sunday has projected the cotton crop size for the 2003-04 at 165 lakh bales (of 170 kgs each), some 21 per cent higher than the 2002-03 output of 136 lakh bales. The meet has ... More

TOBACCO
Second phase of tobacco auction begins today
TOBACCO auction will commence on 10 floors in the second phase in Andhra Pradesh from Monday. According to Tobacco Board officials here, till now 1.4 million kg of tobacco has been sold so far on 5 auction floors. The auction began on these ... More

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