The Hindu Business Line : Thursday, February 17, 2005

Rubber unchanged on low buying interest
THE domestic spot rubber prices were quoted steady in a comparatively inactive market on Wednesday. There was not much buying interest at current levels and dealers still preferred to reduce their stocks. RSS 4 closed static at Rs 50.50 a kg ... More

TEA

Electronic auctions failing to serve purpose: CTTA
IN their market report of the auctions conducted by the Coonoor Tea Trade Association (CTTA), the Joint Brokers have said the electronic auctions have failed to serve the purpose. "At best, the electronic auctions can be described as almost ... More

Upasi may strike deal on tea futures launch soon — Negotiations on with NCDEX, MCX
THE United Planters Association of Southern India (Upasi) has initiated a dialogue with the two leading multi-commodity exchanges - National Commodity and Derivatives Exchange (NCDEX) and Multi-Commodity Exchange (MCX) - to start futures ... More

COTTON

CCI buying more from AP open market
THE Cotton Corporation of India (CCI) has stepped up purchase of cotton stocks from the open market this month helping shore up prices in the market yards following excess production. The State Minister for Cooperation, Mr Kanna ... More

COIR

Kerala coir sector ends strike
THIRUVANANTHAPURAM: The two-week-old agitation by coir workers in Thiruvananthapuram and Kollam districts has been called off. Announcing this, an official spokesman said that an amicable settlement to the effect was reached at during ... More

OILSEEDS & EDIBLE OIL

Chidambaram's master stroke: Import of RBD palmolein turns more viable
The duty and tariff value changes are positive for revenue and oilseed growers, neutral for consumers and processing industry; and importantly, negative for palm oil producers overseas. More

Brazil set to snatch US share of soya market
BOOMING trade in soyabean and derivatives in recent years has left wheat and coarse grains behind. Rising unabated since the early 1990s, global trade in soyabean and soyabean products (meal and oil) has surpassed wheat, the traditional leader ... More

SPICES & CONDIMENTS

Marigold cultivation may rise on increased oleoresin demand
THE increasing demand for marigold oleoresin, of late, could pave the way for expanding the cultivation of this flower in the country. Currently, it is used in three applications such as poultry feed as additive; food colouring; and ... More

AGRICULTURAL POLICY

Central nod for sale of AP sugar stocks
DEVIATING from the established practice, the Central Government has allowed Andhra Pradesh to liquidate sugar stocks worth about Rs 107 crore. The move is aimed to help the farm community address their immediate cash requirements as well as ... More

EXPORTS & IMPORTS

Ease export norms for agri products: CII
THE Confederation of Indian Industry (CII - AP) has asked the State Government to set up Agriculture Export Promotion Council to make the farming community aware of the potential in exports. In a pre-Budget wish list, the CII said export of ... More

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