AGRI-BIZ & COMMODITIES
INSIGHT
Global commodity boom set to continue
Strong demand and rise in investments globally in 2004 in the wake of the world economy's upswing fuelled a price boom for key commodities, both oil and non-oil, especially metals and minerals. This looks set to continue into the new year, even if gl obal output growth slackens under the impact of unrelenting energy costs and higher interest rates.
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INFORMATION TECHNOLOGY
Broadband versus narrow elitism
Farming and farm-related activities are exposed to high risks and low incomes. By contrast, easy profits characterise a major part of the commerce that underpins the rural economy. In the era of broadband, there are profitable relationships set in a competitive marketplace, but there should be no coercive economic rights, which will lead to economic wrongs, says G. Ramachandran.
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RUBBER
Smart rally in rubber prices
THE first trading day after Christmas witnessed a smart rally in spot rubber prices. Buyers from all sectors were present in the main marketing centres to procure the meagre arrivals. Sellers were comfortable on the sidelines as the demand ...
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SUGAR
Raw sugar imports — Finance, Commerce Ministries at loggerheads
A VIRTUAL tug of war has broken out between the Finance and Commerce Ministries over the issue of relaxing the "grain-for-grain" nexus for duty-free import of raw sugar against advance licences. According to the Finance Ministry, the relaxation ...
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TECHNICAL ANALYSIS
NY cotton may consolidate
NYCE cotton futures ended firmer Thursday as speculative short-covering lifted prices off their lows in pre-holiday dealings. Export sales figures released by USDA were seen neutral to bullish and underpinned fibre contracts. Fibre contracts ...
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COTTON
Cotton arrivals put at 73 lakh bales
TOTAL arrivals of raw cotton (kapas) into various major terminal markets across the country have so far touched 73 lakh bales as against total estimated crop of 200 lakh bales, according to trade sources. Total cumulative figures of ...
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SPICES & CONDIMENTS
Upward trend continues in spices export
THE upward trend in spices exports continued with substantial increase, both in volume and value, during April-November from that of the previous fiscal. Probably for the first time, chilli has become the major contributor to the export ...
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Spices Board plans to check export quality of vanilla
IN a bid to ensure that only standard quality vanilla is exported, the Spices Board plans to evolve a mechanism to check the quality parameters and vanillin content for exportable vanilla. A notification to this effect will be issued soon. This ...
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EXPORTS & IMPORTS
Seafood exporters to appeal against US dumping duty
THE Seafood Exporters Association of India (SEAI) has decided to appeal against the imposition of anti-dumping duties on Indian shrimp exports to the US at the Court of International Trade at New York. The trade is quite optimistic that the ...
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