The Hindu Business Line : Saturday, October 20, 2007

RUBBER
Spot rubber rules steady
Kottayam, Oct. 19 Physical rubber prices finished flat lacking follow up support on Friday. The lorry strike which commenced early at midnight cast its shadow over the sentiments to a great extent even as the fundamentals remained unchanged ... More

Rubber trade body’s caution
There has been unhealthy involvement of speculators and traders in rubber trade in the recent past, the Cochin Rubber Merchants Association has said. As a result, uncontrolled price movements have set in and a wrong signal has been sent to the ... More

TEA
Prices ease at Kochi tea auction
Kochi Oct. 19 Prices of most varieties of tea eased at the Kochi auction that had 11,21,000 kg on offer. Best CTC varieties were barely steady, while medium and lower grades eased by Re 1-Rs 2 as the trade progressed. Orthodox high grown and ... More

ALUMINIUM
South Africa welcomes Nalco proposal
Visakhapatnam, Oct. 19 South Africa is interested in the proposal made by the National Aluminium Company Limited (Nalco) to set up a half-a-million tonne capacity aluminium plant in that country and has promised to extend all help for the ... More

GOLD & SILVER
Gold prices to firm up by 7.15%, says Assocham
New Delhi, Oct. 19 As dollar is likely to devaluate further with no signs of arrest in the ongoing American slowdown.With festive and marriage season in India approaching, gold prices would firm up by at least 7.15 per cent in next few ... More

SPICES & CONDIMENTS
Pepper exporters want 3% DEPB rate restored
Kochi, Oct. 19 The Indian Pepper Exporters Association has urged the Director General of Foreign Trade (DGFT) to restore the DEPB rate, which it has reduced to 1.5 per cent recently, to 3 per cent.In a letter to the DGFT, they said that ... More

Cardamom steady on buying support
Kochi, Oct. 19 Cardamom prices ruled steady at the auctions held in Kerala and Tamil Nadu during the week on good buying support. North Indian buyers were actively buying to meet their Diwali requirements. The capsules were fresh and of ... More

Pepper futures decline on liquidation
Kochi, Oct. 19 Pepper futures market on Friday declined on liquidation by October and November by position holders.Add to this there was a feeling in the players that no fresh buying is likely to come in the coming days as the Indian ... More

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Looking back
Oct. 7-Oct. 13
Sugar sector woes: Kelkar panel to meet tomorrow

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Kerala, Assam drag down tea production; exports up in Aug

Ethanol blending with petrol made mandatory

Oilmeal exports likely to rebound