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Monday, June 07, 2004

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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES
`Volumes in commodities futures may overtake stock market'
TRADING in online commodities futures may overtake trading volumes on the stock markets over the next few years since the country depends largely on agriculture, which offers a range of commodities for trading, a senior executive of Geojit ... More

AQUACULTURE
Seeds of prosperity
A fisherman casts the net for fish seeds in the Hooghly river in Kolkata. West Bengal has been able to make rapid strides in the production of fish seeds for inland fishery. As much as 75 per cent of the demand for fish seeds is met by West ... More

FERTILISERS
Kharif urea distribution plan finalised
THE Department of Fertilisers (DoF) has finalised the detailed State-wise distribution plan for urea for the ensuing kharif season. The quantity of urea expected to be made available in each State has been finalised on the basis of the demands ... More

TEA
Good demand for Kochi teas
A GOOD general demand resulted in the spurting of prices of almost all varieties of tea at the Kochi tea auction. Of the quantity of 11,60,000 kg on offer in the dust category, CTC market barely steady to irregular. Orthodox easier. The best ... More

Small growers seek early disbursal of tea subsidy
THE tea small growers in the Nilgiris have appealed to the Union Government to arrange for the disbursal of the subsidy promised before the elections. ``The Government had promised to give us a subsidy of Rs 8 a kg for the made tea. This should ... More

Tea prices up at Coonoor auction
INCREASED demand from both domestic buyers and exporters helped the market to remain dearer despite the huge offering of of 10.81 lakh kgs at the auctions conducted by the Coonoor Tea Trade Association (CTTA) here. Hindustan lever Ltd bought a ... More

TECHNICAL ANALYSIS
Cotton prices may move up
NYCE cotton futures ended higher on Friday due to speculative and options related buying as cotton futures rebounded after falling to nine month lows this week. Trade buying supported fibre contracts at its session lows and then speculative ... More

BIO-TECH & GENETICS
BIO 2004 begins amid protests
A DAY ahead of the opening of BIO 2004 annual international convention here, the mood among participants is upbeat. Several thousand scientists, corporate representatives and others are converging here by the hour. The number is expected to swell ... More

CASHEW
Call to double cashew output
THERE is shortage of raw cashewnuts for processing units in Karnataka and the cashew cultivation should be doubled in the next seven to eight years to meet the demands, according to the Mangalore Cashew Manufacturers' Association (MCMA). ... More




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Top Stories
Interest rates set to harden


Bond markets yet to catch FM tune

Economic consequences of the CMP

Kharif urea distribution plan finalised

Dalal Street likely to see narrow movement

Looking back
May. 30-Jun. 5
Tea auction goes online in Coimbatore

Southern tea output seen down for fourth successive year

Increasing global demand seen reviving tea exports

Jan-April tea output declines to 127.2 mkg

April spices export doubles on surge in chilli shipments


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