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Monday, February 07, 2005

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AGRI-BIZ & COMMODITIES

INFRASTRUCTURE


AP irrigation tenders may be finalised by month-end
THE State Government proposes to finalise the tenders for 157 packages for various irrigation projects costing around Rs 17,000 crore by the month-end, the Minister for Major Irrigation, Mr Ponnala Laxmaiah, said on Sunday. Speaking to ... More

AP mulls irrigation strategy; to study Chinese model
THE State Government plans to work on a three-point agenda that would consolidate on the irrigation sector. It will also focus on agriculture, especially the post -harvest and food processing issues, and the diversification of rural ... More

PLANTATIONS


Upasi seeks low interest working capital for tea, coffee estates
THE United Planters' Association of Southern India (Upasi) has urged the Centre to extend all possible assistance in the Union Budget to alleviate the unprecedented and serious crisis in the South Indian plantation sector. Speaking to ... More

TEA


Nilgiri tea producers to create own brand equity
AFTER the Darjeeling tea gardens, it is now the turn of the Nilgiri tea producers who want to create their own brand equity and promote themselves as a niche market segment by going in for a GI (geographical indications) identity. However, ... More

Exporters bail out Coonoor teas
EXPORTERS bailed out the market when a volume of 11.16 lakh kgs of teas was offered for sale at the auctions conducted by the Coonoor Tea Trade Association here on Friday. The buyers for Egypt, Iraq, Middle East, Pakistan, Russia and other CIS ... More

Mixed trend in Kochi tea sale
A MIXED trend persisted in almost all varieties of tea at the Kochi auction. Though the leaf varieties witnessed a good general demand, it was comparatively low for dust category. The dust category witnessed only a fair general demand and the ... More

TECHNICAL ANALYSIS


Cotton futures may head lower
NYCE cotton futures finished marginally higher as the week was mostly dominated by switch trading, transferring positions out of the front month contract. Even strong export sales data from the USDA failed to provide the necessary momentum. USDA ... More

OILSEEDS & EDIBLE OIL


Imported edible oils — Revenue considerations behind move not to slash tariff values?
THE Finance Ministry's decision on January 31 not to reduce the tariff values on imported edible oils, contrary to general expectations, seems to have been prompted mainly by revenue considerations. An indication of this is that the Central ... More

IVOPA hails easing of minimum carotenoid limit on crude palm oil
THE Indian Vegetable Oil Processors' Association (IVOPA) has welcomed the Finance Ministry's decision to relax the minimum total carotenoid specification in imported crude palm oil from 500 mg/kg to 250 mg/kg for it to attract 65 per cent basic ... More

SPICES & CONDIMENTS


Cardamom prices fail to improve
CARDAMOM prices failed to improve despite decline in arrivals for want of sufficient buying support at auctions held in Kerala and Tamil Nadu during the week. The up-country dealers apprehending a further fall in prices were buying to meet ... More


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