The Hindu Business Line : Sunday, June 02, 2002

Demand picks up as tea offer prices fall
DEMAND for plain and medium grade teas picked up at the Coonoor auctions on Friday and Saturday after Indco factories (co-operative sector) and the bought leaf factories (private sector), among the small scale tea manufacturers in the Nilgiris, ... More

100% FDI plan in tea plantation raises queries
THE decision by the Group of Ministers to recommend 100 per cent foreign direct investment (FDI) in tea plantation to the Union Cabinet for implementation has raised a few queries. Even as per the extant guidelines of the RBI under the ... More

TECHNICAL ANALYSIS

Palm oil faces resistance at 1,431 range
CRUDE palm oil futures on the Malaysia Derivatives Exchange, or MDEX, closed higher on Friday buoyed by bullish export estimates and friendly technical charts. Malaysia's May palm oil exports rose 2.4 per cent on month to 970,846 tonnes ... More

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