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Monday, September 12, 2005


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AGRI-BIZ & COMMODITIES

TEA


Good demand drives up Kochi tea sale prices
GOOD general demand resulted in the spurting of prices of almost all varieties of tea at the Kochi tea auction. Of the quantity of 8,41,000 kg on offer in the dust category, best CTCs were steady to dearer by Re 1 to Rs 2 following quality. ... More

TECHNICAL ANALYSIS


Likely fall in NY cotton futures
NEW York cotton futures ended lower on Friday as market participants lightened up positions and remained on the sidelines ahead of the Monday's USDA monthly supply/demand report. Cotton futures spiked to a four-week high earlier, on un-certainty ... More

COTTON


SICA wants Bt cotton seed prices lowered
THE South India Cotton Association (SICA) has asked the Bt cotton seed producers to lower the price to make it affordable to farmers. With the rise in the acreage of farms using the Bt cotton this year, the seed production cost to these ... More

POULTRY


Kerala urged to waive VAT on poultry
THE Broiler Coordination Committee in Tamil Nadu has asked the Kerala Government to revisit its VAT rate of 12.5 per cent being levied on live chicken sold there. It has called upon the Kerala Government to do away with the tax by treating the ... More

SPICES & CONDIMENTS


Pepper prices fail to improve despite buying support
PEPPER prices failed to pick up at the terminal markets during the week due to increased availability of imported pepper and some selling pressure locally despite the buying support from the local arms of the multinational companies. Spot ... More

Export subsidy for pepper, cardamom gets Plan panel nod
THE Planning Commission has cleared the proposal to extend export subsidy for pepper and cardamom in a bid to increase exports on the one hand and to arrest the decline in domestic prices of these commodities on the other. The Commerce Ministry ... More

AGRICULTURAL POLICY


KPRS plans agitations against farm policies on Sept 29
THE Karnataka Pranta Raitha Sangha (KPRS) will stage road and rail `roko' agitations in the State on September 29, in protest against the various policies of the Union Government. Addressing newspersons here on Saturday, Mr Bayya Reddy, ... More



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