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Friday, September 10, 2004

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AGRI-BIZ & COMMODITIES

RICE
Exporters urge Govt to disband Basmati Development Fund
RICE exporters have urged the Commerce Ministry to disband the Basmati Development Fund and also cut the cess collected under the fund. The fund was set up after the Texas-based RiceTec Inc secured patents for basmati rice lines in 1997. The ... More

AQUACULTURE
`Most seafood cos have employed safe processing system'
THE Technical Officer of the Marine Products Export Development Authority (MPEDA), Mr V.I. George, has said of the 360 seafood processing plants currently functioning in the country, almost all have implemented the Hazard Analysis and Critical ... More

RUBBER
Sharp fall in rubber prices
DOMESTIC rubber prices fell sharply on Thursday. Traders started selling their stocks expecting better arrivals in the weeks ahead. The strong buyer resistance accelerated the downfall and sheet rubber RSS 4 fell to Rs 52.75from Rs 53.50 on ... More

Infam opposes cut in rubber export subsidy
THE Indian Farmer's Movement (Infam) on Thursday urged the Kerala Government to give financial incentives for the export of natural rubber, as the decision to halve the export subsidy would adversely affect rubber growers. Infam said in a ... More

TECHNICAL ANALYSIS
Spot gold may head lower
GOLD prices recovered from recent lows after remarks by the Federal Reserve Chairman, Mr. Alan Greenspan, during his testimony to the house budget committee resulted in a dollar sell-off. He indicated that he saw little risk of the economy ... More

FOODS & FOOD PROCESSING
Adani to set up castor oil refinery in Mundra
AHMEDABAD-based Adani Exports Ltd (AEL) is setting up a 350-tonnes-a-day castor oil processing refinery at the Mundra Special Economic Zone (SEZ) in Gujarat. The Rs 10,000-crore Adani group, whose flagship AEL is a golden super star trading ... More

EVENTS
SAARC rice growers fair in Mumbai from Dec 8
SEVERAL varieties of rice from SAARC countries will be displayed at a three-day exhibition in Mumbai beginning from December 8 jointly organised by Maharashtra Chambers of Commerce & Industry (MCCI) and Rice Exporters' Association of Pakistan ... More

  • AP `Farmers Day' tomorrow



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