The Hindu Business Line : Friday, May 20, 2005

METSIGNS
Mercury rises as dry spell continues in Kerala
THE prevailing dry spell extended in the State with no significant rain episode being reported from anywhere during the week ending May 19. The seasonal (March 1 - May 18) rainfall statistics suffered further dent, with only five districts ... More

CULTIVATION

AP farmers to run lift irrigation schemes
THE Andhra Pradesh Government has decided that farmers should maintain all lift irrigation schemes under the Nagarjuna Sagar Project (NSP) left and right canals, the Chief Minister, Dr Y.S. Rajasekhara Reddy has said on Thursday. The ... More

AQUACULTURE

Seafood exporters file suit against US Customs — Bond requirement for shrimp imports challenged
SEAFOOD exporters in the country have filed a lawsuit against the US Customs and Border Protection Agency (CBP) before the US Court of International Trade against the new bond rules imposed on shrimp importers from India. The Seafood Exporters ... More

FLORICULTURE

Flowering profit
Anthurium farming in the State has received a boost due to the growing preference for Indian flowers abroad.

HORTICULTURE/FRUITS & VEGETABLES

CCEA okays horticulture mission launch
THE Cabinet Committee on Economic Affairs (CCEA) has approved the launch of a national horticulture mission (NHM) with an outlay of Rs 2,300 crore for the remaining period of the Tenth Plan. NHM, which would be a Centrally-sponsored scheme ... More

RUBBER

Covering buys lift rubber further
COVERING groups and purchase agents took the initiative to lift spot rubber prices to further highs on Thursday. The domestic bullish fever was well supported by positive overseas markets though major manufacturers were not interested in ... More

SUGAR

Sugar May futures dip 7 per cent
MAY contracts of medium grade sugar at the National Commodity and Derivatives Exchange (NCDEX) declined by 7 per cent this month on continued speculative activity, despite demand exceeding supply. The contracts are due to expire on Friday and ... More

TEA

Q1 tea production up 14 pc; prices rise in S. India sales
TEA production during the first three months of 2005 increased by 14.2 per cent compared to the same period a year ago. The average price at the six auction centres has gained by approximately Rs 3.43 a kg. Exports have grown too but price ... More

TECHNICAL ANALYSIS

Spot gold may rise, then dip
SPOT gold prices are moving in a narrow range after testing some key support levels on the back of speculative liquidation in precious metals which took the dollar to seven-month highs against the major currencies. Drop in physical interest at ... More

FOODS & FOOD PROCESSING

Jain Irrigation, Taiyo Kagaku sign deal for frozen foods
JAIN Irrigation Systems Ltd has announced that it has entered into a formal agreement with Taiyo Kagaku Company Ltd, Japan, for production of individually quick frozen (IQF) food products. An IQF facility as per the Japanese standards has been ... More

CASHEW

KCDC hopes to grow 3.40 lakh hybrid cashew saplings this year
KARNATAKA Cashew Development Corporation (KCDC) Ltd, which has taken steps to increase the area of cashew plantations in the State, planted around 1.75 lakh hybrid saplings on 802 hectares of land in the last two years. Addressing newspersons ... More

SPICES & CONDIMENTS

Cardamom prices rule steady
CARDAMOM prices continued to rule steady with a slight improvement at the auction held on Wednesday at Kumily. The weighted average price has accordingly moved up by Rs 3 a kg from that of the last week. Increased direct sales during the ... More

TRADE & LABOUR UNIONS

Kerala farm workers' stir called off
THIRUVANANTHAPURAM: The two-day strike by farm workers has been called off following conciliatory talks chaired held here on Thursday by the Chief Minister, Mr Oommen Chandy. Among those who took part in the talks were the Finance ... More

EVENTS

UPASI, MCX to hold workshop on futures trading
A WORKSHOP and live demonstration on futures trading in tea is being organised jointly by UPASI and the Multi-Commodity Exchange of India Ltd (MCX) at the Kochi Tea Trade Association on Monday (May 23). In a statement issued here, the UPASI ... More

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