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Thursday, March 25, 2004

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AGRI-BIZ & COMMODITIES

RUBBER
Mixed trend in spot rubber market
THE spot rubber market showed a mixed trend on Wednesday. RSS 4 and ungraded rubber declined a tad while the other grades remained unchanged. The covering groups retreated after a days hectic buying to fulfil their commitments. According to ... More

SUGAR
Mills favour raw sugar imports by actual users — Shipments into the country top 1 lakh t
THE National Federation of Cooperative Sugar Factories Ltd (NFCSFL) is `not averse' to duty-free import of raw sugar, provided it is undertaken by the mills themselves under the actual user condition. This is broadly in line with the position of ... More

TEA
Tea Board raises 2003 export figures
THE Tea Board has revised the total figures for tea exports from India during 2003 at 173 million kg (mkg) from 164.9 mkg, according to a statement issued by the Indian Tea Association. In 2002, Indian tea exports was 201 mkg. During 2003, it ... More

GOLD & SILVER
Gold likely to decline to $350 level
MOST of the wide-range of important gold market specific and general factors that started and fuelled the rally in the yellow metal have weakened as a support for gold; and the metal is now left dependent upon the movements of the euro. With ... More

COTTON
Cotton prices may rise further on export demand
COTTON prices may rule higher in the next few days owing to good domestic demand for higher grades supported by export enquiries. In select cotton grades such as Bengal Deshi, J-34, V-797, and LRA prices have gone up by about Rs 400-Rs 900 per ... More

POULTRY
Spurt in soyameal price — Poultry feed makers migrating to alternative ingredients
MOST poultry feed manufacturers, especially in Tamil Nadu, are set to migrate to using alternative feed ingredients, as the spiralling soyameal price will pinch them hard making their cost of operation further unremunerative. With both the ... More




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