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Monday, November 01, 2004

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AGRI-BIZ & COMMODITIES

SEEDS
AP Cabinet okays Draft Seeds Bill
THE State Cabinet has approved the Draft State Seeds Bill 2004, which will be sent to the Centre for its concurrence. The State Government wants to introduce the Bill in the winter session of the Legislative Assembly scheduled to commence in ... More

RUBBER
NCDEX modifies rubber contracts delivery
THE National Commodity and Derivatives exchange Ltd (NCDEX) has made some changes in the delivery structure for all contracts in rubber expiring on and after November 19 with immediate effect. In a circular issued by the exchange on Friday, the ... More

TEA
Godfrey Philips tea exports dip on EU export norms
GODFREY Philips India Ltd (GPI) has registered 20-25 per cent dip in tea exports during the first half of this year because of stringent pesticide-residue norms introduced by Germany and the rest of the European Union. Better known for its ... More

Kochi tea prices spurt
A GOOD general demand has resulted in the spurting of prices of almost all varieties of tea at the Kochi tea auction. Of the quantity of 9,93,000 kg on offer in the dust category, CTC good mediums remained steady. High priced CTCs were ... More

TECHNICAL ANALYSIS
Downward tweak in cotton
NYCE cotton futures finished lower on Friday on speculative selling as the fibre contracts continued to move in a narrow range waiting for direction. Markets will now look towards the US Department of Agriculture's demand/supply report due on ... More

SPICES & CONDIMENTS
Cardamom at 10-year low
CARDAMOM prices have dropped sharply to their lowest level in a decade. The prices have been declining since beginning of the current season. Though there was buying support, particularly from exporters who have become active following the ... More

AGRICULTURAL POLICY
Even after Cabinet approves removal of product from essential commodities list — Govt yet to free onion exports
CONTRARY to the general belief, no decision has been taken by the Government on freeing export of onion. This is even after the Union Cabinet's recent approval for removing the commodity from the purview of the Essential Commodities Act, 1955 ... More




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