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Friday, February 25, 2005

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AGRI-BIZ & COMMODITIES

RUBBER


Rubber rates steady on low transactions
Market was rather inactive and transactions were in a low key. Traders were not interested to create fresh commitments in fundamentally unstable market conditions. Sheet rubber RSS 4 closed steady at Rs 51.25 at Kottayam, but slightly improved ... More

TEA


MCX, Upasi tie up for tea futures
MULTI Commodity Exchange of India Ltd (MCX) and United Planters' Association of Southern India (Upasi) have formally announced a tie-up to develop and set up a tea futures. With this, the two organisations have brought to an end the uncertainty ... More

TECHNICAL ANALYSIS


Spot gold may vault higher
SPOT gold prices are higher after news that South Korea's central bank planned to diversify its dollar reserves, which are the world's fourth largest, into a greater variety of currencies. Spot prices hit their highest in 2005 as the dollar ... More

FOODS & FOOD PROCESSING


Indian food sector looks West to tickle taste buds
TASTE the food of the future. Yogurt flavoured with fruit pulp; lassi laced with chocolate or strawberry; curds textured so fine that it can be cut with a spoon; cheese variants like feta, pasta filata becoming as common as marguerita. The ... More

OILSEEDS & EDIBLE OIL


Mustard prices crash below MSP
OPEN market prices of mustard have plunged below the Government's minimum support price (MSP) of Rs 1,700 a quintal, following projections of an all-time high crop of 75.89 lakh tonnes (lt) for 2004-05. Mustard arrivals have already started in ... More


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Looking back
Feb. 13-Feb. 19
Crude oil futures likely to lure gold traders

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Corporate battle for sugarcane intensifies

Falling commodity prices may hit poor nations: FAO report

Govt urged to encourage import of raw sugar


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