The Hindu Business Line : Thursday, March 15, 2007

PESTS
Red spider threatens Nilgiris tea estates
Tea estates in the Nilgiris are facing a threat of red spider mite, which could lower the harvest in the coming weeks if remedial steps are not taken, planters said. "The incidence of the mite has surfaced in Coonoor, Kotagiri, Kundah and ... More

RUBBER
Rubber market in correction mode
Domestic rubber prices remained under pressure as global rubber futures were in a corrective phase on Wednesday. The Japanese markets were hit by bull liquidation following Yens climb against dollar and declines in its stock markets. On the ... More

TEA
Cooling off
DIP IN OUTPUT, EXPORT: A worker packing tea at a wholesale outlet in Kolkata. Tea production in January declined by 2.9 million kg (mkg) to 21 mkg on frost damage in Assam. Exports, on the other hand, also slipped 2.69 mkg to 13.77 mkg in January ... More

GOLD & SILVER
Gold BeES listing on March 19
The units of Gold Benchmark Exchange Traded Scheme (Gold BeES) will be admitted to dealing on the National Stock Exchange from March 19 under the symbol `GOLDBEES', the exchange said in a release. The trading shall take place in the normal market ... More

DAIRY & DAIRY PRODUCTS
Sangam Dairy to strengthen byproducts biz
Sangam Dairy is infusing a soft loan of Rs 7 crore from the National Dairy Development Board (NDDB) towards meeting its working capital demands. The dairy, based in Vadlamudi in Guntur district of Andhra Pradesh, with 470 lakh litre milk ... More

COTTON
Sisspa seeks duty-free cotton imports
South India Small Spinners Association (Sisspa) has expressed concern over spurt in raw cotton prices and blamed it on middlemen and cotton trade who, it alleged, had resorted to stocking to cause the `artificial' shortage of the natural ... More

OILSEEDS & EDIBLE OIL
Limited upside seen for palm oil
Mr Dorab Mistry, London-based director of Godrej International, expects CPO to comfortably hold the MYR 1,900-level. More

SPICES & CONDIMENTS
Growers find no flavour in cultivating vanilla
Little scope for prices to improve in global market More

AP to procure turmeric at market rates
With turmeric farmers demanding remunerative prices for their produce in the last few weeks, the Andhra Pradesh Government has decided to intervene and procure turmeric at commercial rates beginning Monday. The move is likely to trigger an ... More

Bearish activities push down pepper futures
Pepper futures declined on Wednesday on bearish activities and reports of $25 drop in Vietnamese prices. Reports that the Centre was unlikely to extend export subsidy for pepper also had an impact on the prices. Add to this March contract on ... More

Dry spell impact
DIP IN ARRIVALS: A worker engaged in grading cardamom at a godown near Kochi. Arrivals during the current season have declined due to continuous dry spell in major growing areas. Total arrivals this season are estimated at 6,300 tonnes against ... More