AGRI-BIZ & COMMODITIES
INSIGHT
More public expenditure needed in agriculture: Report
THE causes for the wide spread crisis in the agriculture sector in Andhra Pradesh are complex and manifold, reflecting reduced levels of public intervention in terms of investment and regulation, according to the report submitted to the State ...
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SUGAR
`No restoration of export incentives for sugar'
THE Union Government has ruled out the restoration of export incentives for sugar, including re-imbursement of expenditure by mills on internal transport and neutralisation of ocean freight disadvantage. According to the reply given by the ...
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TEA
Futures trading in tea in limbo
THE Forward Markets Commission (FMC) has asked the Coonoor-based Upasi Commodity Exchange Limited (UCE), promoted by the Upasi for conducting futures trading in tea, to go for a tie-up with one of the multi-commodity futures exchanges, as the ...
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Small Grower Development Authority — a necessity for tea industry
SUBSIDY or Small Grower Development Authority (SGDA) — what would do more good to the over 1.1 lakh tea small growers in the country? While the former helps in their survival, the latter ensures their sustained growth. Since the ...
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Tea dealers ask growers to maintain quality
THE Western India Tea Dealers Association (WITDA) has urged tea producers to maintain a specific quality of tea and for that they are willing to pay an extra premium. According to Mr Piyush Desai, President, WITDA, the buyers may agree to pay ...
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Mixed trend at Kochi tea auction
A MIXED trend persisted for almost all varieties of tea at the Kochi tea auction. Though the dust sale witnessed a good general demand, it was comparatively low for leaf varieties. Of the quantity of 9,43,000 kg on offer in the dust ...
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TECHNICAL ANALYSIS
Positive divergence in NY cotton
NYCE cotton futures finished marginally lower on Friday after the bearish impact of the Government report on supply/demand was shrugged off and started to focus on the demand side of the business. The USDA raised its estimate for world cotton ...
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OILSEEDS & EDIBLE OIL
Spurt in demand likely to drive world vegoil prices
WORLD oilseed production for 2004-05 is projected to scale a new high of 390.54 million tonnes , a massive 54 mt over 336.73 mt last year. Correspondingly, world vegetable oil production too will set a new record — 106.13 mt against ...
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SPICES & CONDIMENTS
Pepper prices continue to rise
PEPPER prices continued to improve both in spot and futures in the terminal market here on anticipation of procurement by the Kerala Government agencies. There was also a good domestic demand while the arrivals have picked up with the new crop ...
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