The Hindu Business Line : Sunday, March 13, 2005

Record prices for teas at speciality auction
TEAS were sold for record prices at the speciality tea auctions held at the Coonoor Tea Trade Association here on Saturday. A kg of Nonsuch "Buds only" tea was sold for the highest-ever price of Rs 3,300 by Forbes and Co (tea brokers), Coonoor, ... More

TECHNICAL ANALYSIS

Palm oil may test resistance level
MALAYSIAN crude palm oil futures on BMD ended marginally higher on short-covering ahead of the weekend, but closed off its day's high unable to surpass the recent highs. Strength in overnight CBOT soya oil futures underpinned CPO futures. The ... More

OILSEEDS & EDIBLE OIL

`Create oilseeds development fund from customs collections'
THE Central Organisation for Oil Industry & Trade (COOIT) has sought the creation of an Oilseeds and Oil Development Fund out of the Centre's customs revenue collections from edible oil imports. "The Centre earns around Rs 7,000 crore annually .. More

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