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Friday, September 03, 2004

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AGRI-BIZ & COMMODITIES

CLIMATE & WEATHER
MET SIGNS
Dry spell continues in Kerala
MAINLY dry weather prevailed in the State during the week ending September 1, as was mostly the case with the meteorological divisions elsewhere in the country. According to the Agromet Bulletin dated September 2 ... More

RUBBER
Spot rubber prices decline on sales
rubberSPOT rubber prices declined on Thursday. The covering groups and purchase agents abstained, while selling from traders pushed down the prices though the arrivals continued to be low. Sheet rubber moved down to Rs 54.25 from Rs 55 a kg on ... More

SUGAR
KCP Sugars plans to invest Rs 30 cr to strengthen operations
AFTER a turnaround in 2003-04 due to buoyant sugar and alcohol prices, KCP Sugar and Industries Corporation Ltd expects to better its performance in the current year. Pepped up by the performance, the company is planning to make capital ... More

TEA
IPBC shipments to Europe — Tea shippers unhappy over increase in freight costs
THE member lines belonging to IPBC (India/Pakistan/Bangladesh /Ceylon) Conference, serving the trade route between the Indian sub-continent and the UK/Europe, have slapped a currency adjustment factor at the rate of 7.3 per cent of the basic ... More

TECHNICAL ANALYSIS
Gold may test resistance levels
GOLD prices are stuck in a small range near the recent highs. Gold scaled to a four-month peak earlier as record high crude prices attracted investors towards precious metals. The threat of supply disruptions from violence in Iraq may sustain ... More

GOLD & SILVER
Silver tops Rs 11,000-mark; gold increases marginally
SILVER on Thursday touched Rs 11,000-mark in the morning session of the bullion market on firm overseas market and continued but limited local buying. Inflows were reduced. On the other hand, gold reacted marginally over previous day on lack ... More

COTTON
World cotton prices may fall
CHINA will continue to be the mover and shaker of the world cotton market in 2004-05 too like it was in the previous year. But the role of the world's largest producer and consumer this year will make a big difference to world cotton prices. The ... More

OILSEEDS & EDIBLE OIL
Row over palm oil carotenoid norms intensifies
"How much lower can the carotenoids content in imported CPO be? Even if it is 600 mg/kg, a 10 per cent loss will still keep it above 500 mg/kg." More

COCONUT & COPRA
World Coconut Day focuses on crop potential
WORLD Coconut Day was observed here on Thursday with the objective of focusing world attention on the crop's potential and encouraging investment in the sector. The Coconut Development Board (CDB) also conducted a one-day awareness seminar, ... More

AGRICULTURAL POLICY
Import sops for AEZ units to stay: Kamal Nath
The Union Commerce Minister, Mr Kamal Nath, on Thursday asserted that units in the agri export zones (AEZs) would be allowed duty-free import of capital goods under the export promotion capital goods scheme (EPCG). He maintained that there was no ... More

IPR
Farmers' Rights Act gets Cabinet nod
THE Cabinet on Thursday approved amendments to the Protection of Plant Varieties & Farmers' Rights Act, 2001 (PPV&FR) that provides for the establishment of an effective system for the protection of plant breeder's rights. The Act fulfils ... More

EXPORTS & IMPORTS
`Tap huge export potential in farm sector'
THE Greater Mysore Chamber of Industry (GMCI), while welcoming the objectives enlisted in the new Foreign Trade Policy, has said that doubling of India's global merchandise trade could be achieved if the country is able to create world-class ... More

TRENDS
Struggle for survival
B.L.N. Reddy, an undergraduate student, looks at the maize crop cultivated on two acres of land at Kuchavaram village in Medak district. Five acres of land owned by his family were not cultivated last year due to drought. Relying on scattered ... More




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Top Stories
Dabur earmarks Rs 200 cr for brand acquisitions


`Bourses equipped to implement transaction tax'

Mega fabrication facility for microprocessors

Pepsi tops brand recall; Benz scores most as status symbol

Row over palm oil carotenoid norms intensifies

Cabinet nod for tax tribunal Bill

`Auto component exports have potential to grow to $25 b by 2015'

These paper mills brave lean season, increase prices

Looking back
Aug. 22-Aug. 28
Coffee output seen lower than board estimate

Govt raises foodgrain output target by 6 pc

'India has potential to influence gold prices'

Milk, ghee prices crash on monsoon revival

Rubber export subsidies may be slashed 50 pc


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