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Monday, October 25, 2004

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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES
Zen Comtrade begins trading
HYDERABAD: Zen Comtrade Pvt Ltd, a 100 per cent subsidiary of Zen Securities Ltd, has commenced its trading operations on Multi Commodity Exchange of India Ltd (MCX) on Saturday. Zen Comtrade is a member on the National Commodity and ... More

ANIMALS & LIVESTOCK
The cow run
Cattle being brought to Kerala from Tamil Nadu on the Chinnar-Munnar National Highway route. The Kerala Government has initiated steps to ensure that the cattle brought to the State are free from diseases. Medical examination of the cattle is ... More

CULTIVATION
Water released from Vagai
MADURAI: Water has been released from the Vaigai Dam for irrigation of second crop in the double-crop area and single crop area under the Periyar Main Canal and the single crop area under the Thirumangalam main canal. According to the ... More

COMMODITIES
Guar seeds clock 67 pc returns in H1
GUAR seed clocked a whopping 67 per cent return in past 6 months (April-September 2004), which translates into an effect annual return of over 178 per cent, according to Commodity Canvas, a monthly newsletter released by Karvy Commodities ... More

SUGAR
AP Govt to guarantee NCDC loan
HYDERABAD: The Andhra Pradesh Government has decided to extend the required guarantee for securing a working capital loan of Rs 154 crore from the National Cooperative Development Corporation (NCDC) as a part of its effort to revive ... More

TEA
Coonoor teas dip on quality concerns
FOR the fifth consecutive week, prices traced a declining path when 12.36 lakh kg of teas were offered for sale at the auctions conducted by the Coonoor Tea Trade Association (CTTA) here. Generally, prices declined by Rs 3 a kg over the ... More

Certificate of origin issue haunts tea exports
FIVE years ago, Libya banned import of Indian tea. The reason was that a Kolkata-based exporter had supplied "sub-standard" tea. Now that assurances have been made to ensure quality of tea shipped from the country, authorities in Tripoli have ... More

Assam Brooke Estates to reopen
THIRUVANANTHAPURAM: The four estates owned by Assam Brooke in Wayanad district and lying closed over a period of past seven months will resume operations on November 19, according to Mr S. Sreenivasan, Labour Commissioner. An official ... More

TECHNICAL ANALYSIS
Cotton seen heading lower
NYCE cotton futures finished lower on Friday on speculative selling as bearish fundamentals prevailing in the market. Weekly export figures released by the USDA fell short of markets expectations. USDA said US net upland cotton sales hit ... More




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